Tallinn, Estonia--(Newsfile Corp. - April 25, 2022) - As of today, a lending platform is live on Crypto Fight Club called 'Club Lending'. So what does this mean for players, guilds, and play-to-earn managers?
Club Lending Showcases Safety & Freedom with NFT Trends
In a completely on-chain lending experience, Crypto Fight Club NFT holders now have the opportunity to rent out their NFT fighters to any player who has linked a wallet to the website through the latest addition to the app: Club Lending - https://app.cryptofightclub.io/lending
For those who own multiple NFTs, this is an excellent way to build a team when those are struggling to find the time to enjoy the play-to-earn games and gain the token rewards.
Accessibility and customization is key. Each borrower can shop around and make the decision to earn some tokens without the initial cost of minting a fighter. In most cases, those playing on another person's dime aim to earn enough to start a team of their own.
Safe, Secure and On-Chain
There is no escrow system: not a single human is actually involved in the determined incentive because the automated smart contract will calculate the distribution of tokens every week, according to the initial agreement.
What's more, these NFTs rented are wrapped, so no assets actually change hands. Instead, a synthetic asset is created for the duration of the loan. The system essentially clones the fighter and gives the borrower the copy with limited rights in order to keep...
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