The past week has been busier than usual for the NFT ecosystem. Rap stars Jeezy and Riff Raff entered the NFT realm, Hoard introduced its lending platform for NFT-collateralized crypto loans, The Topps Company is dropping its Series 1 Baseball collectibles, super-quarterback Tom Brady is launching his own NFT initiative, Terra Virtua is releasing a Godzilla vs. Kong NFT line, and even Annoying Orange is NFTing.
NFT-Collateralized Crypto Loans Arrive
Hoard, an Ethereum-based NFT marketplace, launches a new loan platform called Pawn Shop, where you can use your NFTs as collateral to obtain crypto loans. The platform will support users as they trade, buy, sell, loan, and rent NFTs like in-game items, domain names, digital art, and more.
If you own extra stablecoins and are looking for a way to generate profit from them, Hoard’s platform offers you high profits as a lender. The platform plans to gradually transition into a DAO with its own governance token, the HRD coin.
The First MLB Baseball Card NFT Collection Is Unveiled
In partnership with Major League Baseball and MLB Players Inc., Topps Digital announced the launch of its 2021 Topps Series 1 Baseball NFT collectibles on WAX, becoming the first major brand to debut its popular yearly baseball card collection as NFTs.
Leading a new revolution in baseball collectibles, The Topps Company aims to engage and delight global fans by releasing its flagship yearly card collection as NFTs. Besides artwork from the physical collectibles, anniversary sets will also be digitized and minted as officially licensed Topps MLB NFT collectibles.
Tom Brady Wades Into NFTs
Adding to the celebrity endorsements of the non-fungible token market, seven-time Superbowl champion quarterback Tom Brady is launching an NFT platform titled Autograph later this spring.
Autograph will focus on bringing together artists and icons from the sports, entertainment, fashion, and pop culture worlds to create…