Let’s say you are one the few people in the world who bought an NFT that is now worth a lot. Maybe you own doodles or BAYC or Cypto Funks. These sorts of digital assets are worth a lot but they are not liquid, not the easiest to sell or do anything with it?

Let’s say you saw an incredible investment opportunity or need money urgently for some reason but your funds are stuck in NFTs which you might not want to sell when the market is down. Then you can go to a platform like Paribus.io where you can use your NFT as a security and borrow money against it for a small interest.

Some other things we discuss in this podcast are

• Crypto contagion
• 3 arrows
• Vauld
• Bank run
• How to navigate crypto winter
• Future of Defi
• How to avoid Rugpulls in the NFT world
• Recognising a ponzi scheme
• What is DCA

You can connect with Dariz and Paribus here.

Website - https://paribus.io/

Linkedin - https://www.linkedin.com/company/paribusdefi/

Twitter - https://twitter.com/paribus_io

Join our Web3 Discord community - "https://discord.gg/2eJ7DVGcx6" It is free for only the first 100 members, after that entry will be only for people who hold a speaker badge NFT from this podcast. Connect with me here - https://twitter.com/samkamani

About sponsor of the podcast - Moonstream.to

Moonstream makes tools that help you build, manage, and secure your blockchain economy. Moonstream has handled over $3B in transaction value to date.

If you are building a blockchain based game or if your Game has NFT elements to it then reach out to me, we are able to help your game reach to the next level.