LEND721

LEND721 is P2P ERC-721 token lending platform which includes Smart Contract as escrow. Platform allows any ERC-721 token holders to put their tokens in lend and earn interest from it therefore borrowers pay collateral (in DAI) for lending ERC-721 and use it until lending reaches deadline. By enabling the ability to loan any NFT, LEND721 creates new liquidity for digital collectibles and virtual land. With the emergence of new platforms like Rocket DAO, which offers loans against ERC-721, providing and validating a revenue stream for NFTs will allow for lower APR and better credit lines.