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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.

About

Torque is a powerful DeFi platform for borrowing assets with indefinite-term loans and fixed interest rates. Get an instant, crypto-backed loan with no KYC or credit checks. With fixed interest you always know what you’re paying. When volatility strikes, we keep your loans collateralized with minimal liquidation, only to bring collateral 10% above margin maintenance. We take decentralization seriously. Get a loan with no verification, KYC/AML or credit checks. Your keys, your coins, your loans. Always. Control your keys and assets with our non-custodial solution. Our smart contracts have been audited by leading blockchain security auditors ZK Labs and Certik. We work with industry-leading oracle providers to tackle the unique security challenges associated with oracles in a decentralized environment. 10% of the interest paid by borrowers goes to an insurance fund used in the event that undercollateralized loans are not properly liquidated.

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 marketplace for NFT collateralized loans

Audience

DeFi platform for borrowing assets for everyone

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

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

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

NFTfi
Founded: 2020
South Africa
nftfi.com

Company Information

Torque
Founded: 2017
United States
torque.loans/

Alternatives

Alternatives

BitLoan

BitLoan

HyperPay

Categories

Categories

Integrations

Ethereum
Flow
MetaMask
MetaStreet
Open iT ComputeAnalyzer™
Patchworks

Integrations

Ethereum
Flow
MetaMask
MetaStreet
Open iT ComputeAnalyzer™
Patchworks
Claim NFTfi and update features and information
Claim NFTfi and update features and information
Claim Torque and update features and information
Claim Torque and update features and information