Whether it's a rare Gary Vaynerchuk signed Black Cat card or your tokenized ROLEX watch, RWA lending is launching soon on NettyWorth. Join the waitlist below to stay updated! 👉 https://lnkd.in/eztvdvKt #rwa #defi
NettyWorth
Blockchain Services
San Francisco, California 227 followers
The First AI-powered lending protocol that matches borrowers and lenders for digital and real-world assets.
About us
Web3 App - Manage and Borrow Against Digital and RWA.
- Website
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https://nettyworth.io/
External link for NettyWorth
- Industry
- Blockchain Services
- Company size
- 2-10 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2021
Locations
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Primary
1023 3rd St
San Francisco, California 94158, US
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40 Park Ave
Rutherford, New Jersey 07070, US
Employees at NettyWorth
Updates
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"At NettyWorth, our ultimate goal is for our protocol to operate independently, without our input. It's a testament to the power of blockchain when a decentralized system can outlast its founders." - July Grullon, CEO #defi
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Your gaming assets hold value, why not use it? 🎮 Access liquidity by borrowing against your assets. 💰 Secure your spot on our waitlist today! 👉 https://lnkd.in/eztvdvKt #defi #lending
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What's your NettyWorth? 💰 Instantly track your NFT & Crypto values on NettyWorth 🎉 👉 nettyworth.io
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NFT and RWA lending is coming to NettyWorth Sign Up to be notified. 👉 nettyworth.io #defi #lending
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Lending is coming soon. Very soon. 👀 Visit our Loans page and join the waitlist to be the first to know when we launch! 👉 https://lnkd.in/eztvdvKt #NFTs #DeFi
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How Will Borrowing Against Your NFTs Work on NettyWorth? 1️⃣ What are NFT Loans? NFT loans allow you to use your valuable NFTs as collateral to secure loans without selling them. By using the NettyWorth upcoming lending protocol, you will be able to access liquidity while keeping ownership of your asset! It’s a great way to unlock the value of your digital collectibles without selling them. 2️⃣ How Does NFT Borrowing Work? NFT owners can list their assets on our lending protocol, setting their preferred loan terms. Lenders can either accept these terms or make a counteroffer. Once the loan is initiated, the asset is held in escrow via our smart contract until the loan is repaid or expires. If the borrower repays on time, the asset is returned to them. If they default, the lender automatically receives the asset in their wallet. It’s that simple! 3️⃣ What Do Lenders Get? Lenders on our protocol can put their idle crypto to work and earn higher returns. Thanks to the volatility of NFTs, these loans typically offer significantly better returns than traditional DeFi lending. For example, NFT-backed loans can provide annual yields of 15-25%, depending on the asset and market conditions. Fun fact: the NFT lending industry recently surpassed $2 billion, with an average default rate of 9%, making it a prime option for accessing short-term capital. NFT loans are shaping the future of how borrowers and lenders will efficiently tap into liquidity across digital and real-world assets. 4️⃣ The Future of NFT Lending with NettyWorth Introducing NettyWorth, the future of NFT and RWA loans. Our AI technology is revolutionizing how borrowers and lenders match by creating loan recommendations. NettyWorth will make the process faster and simpler, removing the friction that exists between borrowers and lenders today. The next era of NFT loans has arrived. 🚀 💰 #defi #digitalassets
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NettyWorth reposted this
Why RWAs are Important for Lending 🏦 1️⃣ Imagine this: You’re short on cash and need access to capital. However, you own $10k- $100k worth of luxury watches, handbags, or art pieces. While these are valuable assets, traditional banks often overlook them when offering loans. 2️⃣ Traditional lenders focus on a narrow range of assets like real estate, stocks, or bonds when approving loans. But what about your rare, sought-after valuables? Why should they be left out? RWAs flip the script, allowing you to borrow against non-traditional assets like art, luxury goods, and more. 🎨⌚️💎 3️⃣ With RWAs, you can unlock greater borrowing power. Instead of selling your prized collectables for quick cash, you can borrow against them. 💰💎 4️⃣ We're stepping into the future of lending one where all of your assets, not just the "traditional" ones, can be leveraged. 🌐 NettyWorth is the first AI-powered lending protocol that allows users to borrow against both digital assets and RWAs. 🚀💼 #Defi #RWAs #AI