MEZZ is a DeFi platform for users to engage in acquisition and liquidation of NFTs and other crypto assets through bidding-backed collateral extension. The name Mezz is inspired by mezzanine finance, which in traditional finance is used in mergers and acquisitions. With the MEZZ platform, the acquisition of an NFT or other crypto assets functions as the target acquisition in analogy to mezzanine finance, with an undercollateralized buyer being supported by the mezzanine financier to complete an acquisition.

MEZZ Utility Tokens are required in conjunction with the ETH to facilitate either a buy request as a buyer, or a buy fulfillment as a bidder.