Vera Labs, the firm behind Vera, an NFT decentralized finance (DeFi) protocol backed by Animoca Brands, offers the industry’s leading non-custodial NFT financial platform that allows anyone to rent, lend, or mortgage NFT assets.
This enables NFT creators and brands to unlock billions in untapped utilities and revenue potential for retail consumers without paying upfront capital or exposing themselves to market volatility.
Vera has registered over $2 million in NFT rental transactions since its launch in 2021 and has completed over 50 partnerships with prominent NFT brands and apps, including OpenSea, Sandbox, Decentraland, Totem, Next Earth, Highstreet, ChainGuardians, Binopoly, and Bored Ape Yacht Club.
Recently at ETHDenver2022, the largest and longest-running ETH event in the world, Vera also demonstrated its ability to successfully rent metaverse NFTs on three major NFT blockchains – Ethereum, Polygon, and Binance Smart Chain (BSC).
“Our vision is to allow anyone to monetize or enjoy the utilities of NFTs, which is why we’re the first multichain protocol to support NFT lending without collateral,” explains Denis Lam, CEO of Vera Labs. “For anyone aspiring to build your next dream startup with NFTs, our team is ready to be your strategic partner to maximize the lifetime utilities and value of your NFTs at scale.”