Stephen Young & Storm: NFTFi – P2P NFT Lending Protocol: From PFPs & Art to RWA

Stephen Young & Storm: NFTFi – P2P NFT Lending Protocol: From PFPs & Art to RWA

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After a 2021 frothy bull market, NFTs are currently experiencing the depression phase of the market cycle. However, despite the fact that only NFT art has truly found its product-market fit, NFTs in general represented the consumerist moment for crypto. In addition, they also provided a solution for tokenising real world assets (RWA) and intangibles, potentially penetrating markets worth hundreds of trillions of dollars. Moreover, similar to digital art, the advent of AI poses a challenge when it comes to establishing provenance, but this represents another utility for NFTs, as they can be traced back to their origin, given the public nature of blockchains.

We were joined by Stephen Young and Storm from NFTFi, to discuss the general state of the NFT market, future prospects for NFT development and how their P2P NFT lending platform unlocks new sources of liquidity in this bear market.

Topics covered in this episode:

  • Stephen’s & Storm’s backgrounds and what allured them to NFT finance
  • NFT market overview
  • Tokenised real world assets (RWA)
  • NFTFi’s peer-to-peer vs. peer-to-pool models
  • How other DeFi derivatives apply to the NFT market
  • NFT vs. fungible token market size
  • Blur’s Blend
  • NFT royalties
  • NFT lending protocols differences
  • How escrow contracts affect NFT ownership and utility
  • NFTFi roadmap
  • Interest rates for different collections
  • NFT art market
  • AI art
  • Collateralizing RWA

Episode links:

This episode is hosted by Brian Fabian Crain. Show notes and listening options: epicenter.tv/508

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