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XCarnival
XCarnival is a one-stop NFTFi (NFT Finance) platform that provides liquidity solutions for NFT and MetaVerse assets. It functions as a financial infrastructure for the Web3 ecosystem, allowing users to utilize their NFTs as collateral for crypto loans.
Distributed
Description
XCarnival is a lending aggregator for Metaverse assets, providing innovative liquidation solutions for varieties of NFTs and long-tail crypto assets. The company is building the financial infrastructure for the MetaVerse, dedicated to providing liquidity solutions for NFT and MetaVerse assets. Their core solution, XBroker, is an NFT pledge and loan platform where participants can be mortgagors (pledging NFTs to borrow), lenders (earning interest by lending), or liquidators (acquiring NFTs through auctions). The platform is built on smart contracts, initially for EVM-based chains with future support for WASM-based chains. XCarnival aims to create a comprehensive NFT financial ecosystem connecting creators, collectors, lenders, and investors by providing tools for NFT pledge, liquidity pools, decentralized valuation, and asset management.Grant Funding
VC Funding
None
2021
$0
$2M