Mining the Next NFTfi’s Treasure Trove of Data Value Measurement and Circulation | HackerNoon

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Mining the Next NFTfi’s Treasure Trove of Data Value Measurement and Circulation | HackerNoon
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'Mining the Next NFTfi’s Treasure Trove of Data Value Measurement and Circulation' by BingVentures nftfi nftfinance

DeNet is a multi-chain ecosystem that offers fully decentralized storage based on DeFi tokenomics and monetization services for every participant, be it miners, developers, content creators or users. At present, the product ecology is relatively sound. The DeNet storage service is fast, secure, and relatively user-friendly.

The real reason behind this is that users are seeking higher Alpha and liquidity while holding large amounts of NFT assets. The mechanism of NFTfi is very simple at present. Like traditional peer-to-peer lending markets, platforms make money from all the interest they earn on lenders. NFTfi’s business model is more akin to a pawn shop or subprime loan business than a bank.

Instead, they attract developers to transition to decentralized, free development environments. Any existing data center can participate in DeNet’s network, including as a miner and as the Internet economy grows.

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