Vera is a decentralized protocol designed to easily allow essential financial services for NFTs including renting, lending, and mortgages. According to the brand, “decentralized protocols are non-custodial, meaning digital assets and NFTs are not owned by any middleman or intermediary.”
Lending or renting NFTs allows users to list their NFT on the marketplace with the user’s specified rental terms. The NFT mortgages are available as both seller financing and network financing. According to the brand, “network financing may or may not require collateral and allows you to purchase an NFT with a loan provided by our network, and you will pay back the loan plus interest over time.”
Thus far, Vera has joined forces with GoldenDAO, Krypital Group, and Fathom Yacht Clubs — to name a few.
Image Credit: Vera
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