TrustNFT TRUSTNFT Price $ 0.000212

TrustNFT is a platform powered by AI and big data which accurately evaluates NFTs and unlocks their potential for use as loan collateral, which allows users to combine DeFi with NFTs to earn a yield on selected NFT-backed loans. TrustNFT’s objectives include allowing everyone to use NFTs as collateral to access loans. This will benefit NFT collectors and investors in a number of ways by promoting instant liquidity and accurate pricing for NFTs; promoting portfolio variety, and opening up a new market of possibilities with other DeFi applications.

The TrustNFT lending protocol is based on a lending pool strategy. Lenders provide liquidity by depositing cryptocurrency assets into the lending pool contract. These funds can be borrowed by placing NFT tokens as collateral.