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South Africa’s NFTfi raises $5M so people can use their NFTs as collateral for loans

TechCrunch

For example, if a user comes to the platform to borrow $10,000, different lenders would propose to the borrower offers with varying interest rates and payments terms, from which the borrower could then select. . The interest rates, however , vary depending on the lender and assets. Risk exists on both sides, though.

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