A leading company providing the ability to use NFT tokens as lending and borrowing tools within a decentralized network.
Explore your NFTs with a smooth and safe lending solution. Our scheme is quite simple to understand, based on an NFT lending platform where an individual can borrow money by pledging their NFT. Here's how it works:
Customers deposit their NFTs into the platform, and those assets are securely stored using strong smart contracts.
Buyers are connected with lenders on agreed terms of credit amount, interest rates, and a repayment period.
Loans are processed by smart contracts: guaranteeing terms are automatically performed and securely executed without intermediaries.
Once the loan is paid, the NFT is given back to the borrower. If the borrower defaults, the lending institution has the right to seize the NFT.
Fully automating the lending process must manage its collateral, determine interests, and address repayments on its own.
Provide a fluid and safe interchange between borrowers and lenders for more convenient and efficient cryptocurrency transactions.
The security of the platform should be made strong by permitting only authentic users to open the platform.
Stay safe and risk-free with the strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies.
This will help to equip the users with knowledge of trends that help them in decision-making concerning lending and borrowing.
Use incentive-based mechanisms as a means to actively participate in the platform’s development and engagement.
With specialized tools and technologies, we make informed decisions and provide liquidity.
With competitive interest rates, users can lend and borrow effortlessly.
The platform provides transparency for both lenders and borrowers.
The goal is to safeguard your data and assets with more security and privacy.
With decentralized transactions, users get full control of their assets without dependence on middlemen.
In this phase, our team gathers users' needs, conducts research, and indulges in procedures and other measures.
Later, our creators design a user-friendly and appealing platform that engages users.
Our team later did manual and automated testing, discovering errors and other issues in the platform.
After conducting an analysis and collecting individual requirements, our developers plan a strategic roadmap.
Once the design is completed, our team develops APIs, a payment gateway, and another security model.
After completing all the processes, our team launched the NFT lending platform in the market and provided post-launch support.
With years of expertise and expert developers, Quest GLT provides the best solutions to meet all your business needs. We offer affordable solutions without compromising quality, ensuring timely delivery for every project. Trust us to bring your vision to life seamlessly and efficiently.
An NFT Lending Platform is a platform where users can use their NFTs as security to get their loans or use their NFTs to lend and get an interest on the offered NFT. It provides decentralized lending/borrowing and all of the transactions are backed up by blockchain.
An NFT Lending Platform is a platform designed to enable owners of valuable non-fungible tokens to monetize their assets. It contributes to the development of more opportunities for borrowers and lenders to expand the market of NFTs.
Benefits include Market absorption, decentralized exchanges, ownership control, lower rate of interest, ease, securitization, and record permanency by blockchain.
The cost depends on the type of platform, the additional features required, and the security level needed. Usually, it starts from $10,000 to $50,000 but can be more depending on the options a client would want for his website.
Key features are smart contract automation, safe payment gateway, cooperated user authentication, KYC and AML check, market exposure, and incentives for users.
Co-founder and Director, Quest Global
Co-founder and Director, Quest Global
Quest Global Technologies is happy to announce that we'll be participating in upcoming #WBSSINGAPORE July 2022.
We would like to take this opportunity to invite you to come, discuss and explore blockchain technology adaptations at global front.
With our experts ,You can achieve next-level real-time transparency , decentralization, scalability and automation in the commercial processes using blockchain.
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