SINGAPORE, Aug. 10, 2022 (GLOBE NEWSWIRE) —
As the fastest growing cryptocurrency trading platform, BitYard held an AMA with Kyle Kim, COO of Alpha Quark yesterday. As NFTs become an intangible asset class, Alpha Quark believes that the ecosystem beyond the current NFT culture will expand greatly. This means that Alpha Quark must offer more value-added services, such as lending or De-Fi-related services. Alpha Quark has found another way to find a groove to expand and strengthen the value of NFT.
Alpha Quark offers an NFT marketplace platform service, as well as a 3D art gallery where users can create, sell or buy NFTs, and artists can use their platform to fund ideas and artwork. Furthermore, Alpha Quark offers an NFT collateral lending protocol service. NFT Collateral Protocol is a simple p2p marketplace for collateral for NFT loans. It allows borrowers to use assets for loans, and lenders can provide loans in exchange for interest.
NFT collateral loan service is a unique and innovative service to expand the NFT ecosystem and a valuable effort to enhance the value of NFT. NFTs plus the concept of loans and mortgages allow NFT holders to borrow or borrow funds without selling NFTs. This service is suitable for those who own NFTs but do not plan to sell NFTs because these users usually believe in long-term value, so they do not want to sell NFTs. These services allow NFT holders to use their NFT assets to maximize their benefits.
Alpha Quark tries to integrate more services in the metaverse, users can enjoy the NFT value and Alpha Quark Token (AQT) backed by IP in 3D art galleries or 3D games. Through this effort, AQT can be used for various activities and be more useful in Alpha Quark’s ecosystem. Currently, users have been able to purchase AQT tokens on the BitYard platform.
NFT will be an interesting digital asset, not limited to crazy kryptonians. Then NFT can be used as collateral for a loan because it has an economic value that everyone agrees on. This is what Alpha Quark believes and why Alpha Quark developed P2P NFT security lending service, said Kim.
About BitYard
BitYard is a one-stop cryptocurrency trading platform with the most professional services. BitYard provides users with a trading solution through Spot, Contracts for Differences (CFDs), Inverse Perpetual Contracts, USDT Perpetual Contracts, Grid trading and Copy-trading services.
BitYard: www.bityard.com
Media contact: Jeanne Hsieh
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