news DeFi Experiment: A Loan Issued With Ethereum Domain Name as Collateral

Blockchain domains are non fungible tokens (NFT). Products and services are being built around NFT's at a fast pace. Definitely an area to keep an eye on.

Interesting as most DEFI projects require the maintenance of a minimum collateralization ratio.

We are almost in an era of free money in as much as its only a matter of time before domain names will be used as collateral for loans and during the course of the loan period an offer comes in for the domain name being used or pawned as digital collateral which exceeds the value of the loan and would give both the lender and owner of the domain name a profit if sold which pays off the loan early etc

We are currently in possibly the biggest golden era of opportunity of all time