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About

Next-generation Blockchain for NFTs. Scalable, decentralized, cross-chain network designed to bring non-fungible tokens to everyone. Enjin is developing Efinity, a next-generation blockchain for digital assets, built on Polkadot. Businesses and developers seriously need a platform that can deliver a modern, mainstream and developer-friendly NFT experience. Since the release of Ethereum, there have been attempts to build infrastructure and tokenization around this general-purpose computing blockchain, but there’s an ever-growing thirst for a better solution. Creators are forced to work with crippling fees, inflexible smart contracts and disjointed interoperability. Adoption of today’s NFTs is still limited to die-hard crypto enthusiasts. The blockchains that non-fungible tokens live on give actual users no incentives (other than the prices rising), because miners are given the full share of generated tokens.

About

Put your NFT assets up as collateral for a loan, or offer loans to other users on their non-fungible tokens. Put any ERC-721 token up for collateralization. Other users can now offer you a loan. If you accept a loan, the ETH gets paid out from the lenders account to you, and your NFT gets locked in the NFTfi smart contract. Once you repay the loan the asset will be transfered back to you. If you don’t pay back the total repayment amount before the due date, the asset will be transferred to the lender. Small, short term loans to other people can offer attractive returns. Make sure you understand the assets you are offering loans on, and are happy to accept the collateral if the lender defaults.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Individuals searching for a cross-chain NFT blockchain solution to manage their tokens and crypto assets

Audience

Individuals searching for a marketplace for NFT collateralized loans

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Efinity
Founded: 2009
Singapore
efinity.io

Company Information

NFTfi
Founded: 2020
South Africa
nftfi.com

Alternatives

Alternatives

BitLoan

BitLoan

HyperPay

Categories

Categories

Integrations

Asset Vantage
Dwellir
Ethereum
Flow
MetaMask
MetaStreet
Microsoft 365
Microsoft Azure
Polkadot

Integrations

Asset Vantage
Dwellir
Ethereum
Flow
MetaMask
MetaStreet
Microsoft 365
Microsoft Azure
Polkadot
Claim Efinity and update features and information
Claim Efinity and update features and information
Claim NFTfi and update features and information
Claim NFTfi and update features and information