Taker Protocol Raises $3M to Transform NFT Liquidity and Utilization

[PRESS RELEASE – New York, United States, 20th September 2021] Taker Protocol, a crypto liquidity protocol for NFTs, has raised $3 million from a number of reputable investors to build new financial primitives into the burgeoning NFT market.
The round was led by Electric Capital, with DCG, Ascentive Assets, Dragonfly Capital, Spartan Group, The LAO, Sfermion, and Morningstar Ventures participating as well.
Taker Protocol focuses on improving the liquidity available in the NFT market. Due to the unique non-fungible structure of NFTs, existing DeFi primitives are difficult to integrate into the market, resulting in significant issues in terms of overall liquidity. The value of an NFT is extremely volatile and often effectively becomes zero as no buyers can be found at any reasonable price. Furthermore, NFTs are difficult to use productively after purchase and often end up forgotten in the user’s wallet.
Taker Protocol aims to solve the worst of the liquidity issues. Allowing lenders

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Źródło: https://cryptopotato.com/taker-protocol-raises-3m-to-transform-nft-liquidity-and-utilization/

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