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lundi 2 mai 2022
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Taking Out Loans Using NFTs as Collaterals: Utopia or Reality?

By Corentin CHRISTOPHE, Initio (Square Group)   Over the course of 2021, the interest in non-fungible tokens (NFTs) has skyrocketed, primarily following the sale by Mike Winckelmann - a digital artist known as Beeple - of a $69 million artwork in the form of an NFT. In 2022, this massive interest still does not show any signs of slowing as OpenSea, the largest NFT marketplace, raised an additional $300 billion in a series C funding round at the beginning of this year, thereby bringing it to a total $13.3 billion valuation. Yet, despite a soaring interest in the topic, NFTs remain largely misunderstood by many and two groups of people often distinguish themselves: those who consider them as the future of the digital world and those who consider them as yet...
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