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Strip Finance (STRIP) is a decentralized platform that aims to address liquidity challenges in the NFT (Non-Fungible Token) space. With the rapid growth of NFTs and their increasing value, there is a need for a solution to unlock liquidity and enable price discovery. Strip Finance offers a range of solutions, including access to capital for NFT collectors to borrow against their assets as collateral, a marketplace for lenders and borrowers to participate in either pools or peer-to-peer trading, and using oracles for fair value assessment. The platform is backed by a team of experts in the field, including co-founders Siddharth Menon and Jaynti Kanani, and has received funding from various investors.
Strip Finance’s platform provides access to capital for NFT collectors, allowing them to borrow against their assets as collateral at fair interest rates. This mechanism enables collectors to unlock the value of their NFTs without needing to sell them. Additionally, the platform offers a marketplace where lenders and borrowers can choose to participate in pools or engage in peer-to-peer trading. Through these offerings, Strip Finance aims to solve the liquidity challenge in the NFT space.
With a team of experienced professionals and investors, Strip Finance is positioned to become a leading player in the NFT and DeFi (Decentralized Finance) space. The platform ensures price discovery by fetching asset prices directly from partnered NFT marketplaces. Strip Finance also strives to provide a seamless user experience and has a dedicated FAQ section to address user questions. As the preferred NFT and DeFi liquidity platform, Strip Finance aims to revolutionize how NFTs are valued and traded within the metaverse.
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