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NFTs became a $40 billion market in 2021. The co-founder of a decentralized NFT-lending marketplace breaks down the exact steps for taking out loans against the ones you own a?? and shares how to...

NFTs became a $40 billion market in 2021. The co-founder of a decentralized NFT-lending marketplace breaks down the exact steps for taking out loans against the ones you own a?? and shares how to...
The Desperate ApeWives NFT collection on display at #0XGenesisErika Goldring/Getty Images for Marshland


As cryptocurrencies are mired in bearish sentiment, NFTs are bucking the trend amid broad adoption.




NFT-backed loans, which allow holders to use their NFTs as collateral, have become more popular too.




Arcade's Gabe Frank shares the steps for borrowing against your NFTs and how traders use the loans.


After a recent slump in performance, cryptocurrencies are shrouded by a mist of bearish sentiment and uncertainty. Some investors are predicting reported that GameStop is [url=https://markets.businessinsider.com/news/stocks/gamestop-stock-gme-nft-marketplace-crypto-wallstreetbets-meme-rally-2022-1?utm_medium=ingest&utm_source=markets]launching an NFT unit and has hired 20 people for it.Meanwhile, prices for some of the so-called rare or blue-chip NFTs continue to soar, with a recent Mega Mutant Serum NFTA being sold for $5.8 million.
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