A non-fungible token (NFT) collector shared the story of how a decentralized finance (DeFi) mortgage was secured by a luxurious watch and was facilitated by an NFT representing the asset.
On July 11, the pseudonymous adviser of the DeFi mission CirrusNFT clarify how a person was in a position to borrow $35,000 from one other person utilizing an NFT that represented a bodily merchandise as collateral for the mortgage.
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