What is a DeFi NFT Marketplace?

👀 Read More about the Reward NFTs and how to fully utilize them: https://www.loop.markets/using-reward-nfts-for-user-engagement-sustainable-token-distribution-and-more/?utm_source=YouTube&utm_medium=Video&utm_campaign=DeFiNFTMarketplaceExplained What is a DeFi NFT Marketplace and what innovation do DeFi NFTs bring to crypto space? Loop DeFi NFT Marketplace is a super-innovative platform that combines…

What is a DeFi NFT Marketplace?

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👀 Read More about the Reward NFTs and how to fully utilize them: https://www.loop.markets/using-reward-nfts-for-user-engagement-sustainable-token-distribution-and-more/?utm_source=YouTube&utm_medium=Video&utm_campaign=DeFiNFTMarketplaceExplained

What is a DeFi NFT Marketplace and what innovation do DeFi NFTs bring to crypto space?

Loop DeFi NFT Marketplace is a super-innovative platform that combines DeFi and NFT. It offers plently of different NFTs, like token reward NFTs and LP reward NFT.

👉 In its simplest form, Reward NFTs are non-fungible tokens that come with rewards. At Loop NFT Marketplace, this specifically means NFTs embedded with project tokens – and linked to a staking contract.
Owners of Reward NFTs have the option to stake their NFTs to unlock reward tokens or sell them on the marketplace.
When they stake Reward NFTs, they earn tokens over a predetermined time period. When they unstake their NFTs, the staking ends until it is restaked, either by them or by a different owner. At the time it is restaked, the token reward earnings begin right where they left off.
So why should projects take advantage of Loop’s first-of-its-kind NFTs with token rewards? Two words: added value.

Why do protocols love Reward NFTs? For the same reason we, at Loop Finance, do!

👉 They provide an automated way to distribute our tokens sustainably.
The owner’s NFTs aren’t locked-up. They can sell their Reward NFTs at any time on the secondary marketplace.
Secondary marketplace sales of Reward NFTs do NOT result in massive sell-offs of our tokens.
Platform users experience more excitement with the Level-Up Launchpad – which is specific to Reward NFTs – than they would with any typical launchpad.
New users can always get involved in projects by purchasing a Reward NFT. Even after tokens have been exhausted, a protocol can choose to provide exclusive benefits and perks.
The perks of Reward NFTs are extremely attractive to anyone interested in cryptocurrency or NFTs. It joins two communities and mindsets into one.

⭐ For more crypto alpha, follow Loop Finance: https://twitter.com/loop_finance
⭐ For more NFT stuff, follow our NFT team: https://twitter.com/LoopDeFi_NFT
⭐ For the best Educational Content, follow Loop Learn: https://twitter.com/loop_learn

🕒 Timestamps:

0:00 Intro

1:11 Token Reward NFTs

4:45 Randomise Mint Tiers

5:47 LP Reward NFT

8:35 DeFi NFTs x DAOs

9:53 DeFi NFTs x Gamefi

#nftmarketplace #nftmarket

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