The day has come, and the world’s first instant NFT-lending dApp has now launched. With great pleasure, we announce that the TribeOne dApp is now live on the Etherum mainnet!
Your favourite NFT is just a few clicks away!
TribeOne provides NFT financial solutions and community-based NFT pool investment options to its users. With the launch of our dApp, TribeOne users will access all these services instantly and easily.
How is TribeOne’s dApp unique?
The booming NFT space is full of opportunities, yet acquiring an NFT is challenging since NFT purchases require upfront payments. Why should you miss out on great investment opportunities due to insufficient funds? TribeOne offers zero collateral loans, custom loan terms, instant loan approvals, and flexible repayment options for purchasing NFTs, making it a one-of-a-kind platform for those who want to step into the NFT space.
Without further ado, let’s take a deeper look at TribeOne’s dApp!
How to take a loan on our dApp?
Step 1:
First, access the TribeOne dApp: https://app.tribeone.io/
And connect the dApp with your MetaMask wallet.
Then, navigate to “Discover NFT” and choose the NFT you’d like to acquire.
Step 2:
After choosing the NFT, click on the “Apply for Loan” button.
Step 3:
Set the LTV (Loan to Value) ratio, payment currency, and duration for which you want to take the loan.
Read and agree to the Terms & Conditions and select Apply for Loan.
That’s it!
Now let’s see how you can manage your portfolio and pay installments.
How to pay installments & claim NFTs on our dApp?
Step 1:
Navigate to “My Portfolio” from the menu bar on the top. On this page, you can view all your NFTs, check their loan status, and claim NFTs for which you have completed the repayment.
Click on “Pay Installment” on the NFT for which you want to pay the installment.
Step 2:
You can choose to pay either monthly installments or the entire loan amount.
After paying all dues, you can claim the NFT and transfer it to your wallet!
Step 3:
Once you have paid all dues, simply click the “Claim NFT” button to bag your NFT!
Congratulations! The NFT is yours!
Now that you know how to take a loan and buy NFTs via our dApp, it’s time to confidently explore the NFT space!
About TribeOne
TribeOne is the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to all the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole. Providing the community with a platform to lend, borrow and invest in crypto assets and NFTs. Therefore, offering an unconventional experience for all.
