EX SPORTS partners with IQ Protocol, launches NFT lending mechanism | Headlines | News | CoinMarketCap
08/16/2023 14:59
EX SPORTS, a web3 sports engagement platform, is partnering with IQ Protocol, a pioneer in decentralized lending solutions, to introduce a lending …
EX SPORTS, a web3 sports engagement platform, is partnering with IQ Protocol, a pioneer in decentralized lending solutions, to introduce a lending mechanism that will empower users to borrow non-fungible tokens (NFTs).
The aim is to merge IQ Protocol’s lending tech with EX SPORTS’ games, allowing users who can’t afford NFTs to enjoy owning and using distinct digital assets.
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Investors and enthusiasts who do not have the time to engage in gameplay actively can lend their NFTs, allowing their assets to generate revenue while making a positive contribution to the community.
The lending mechanism will find use in EX SPORTS’ prime game, UrbanBall. The immersive street football game uses a distinctive character selection approach …