Sharky is Advancing NFT-Based Lending with Upcoming Token Generation Event
Earlier this year, when the SEC approved the first Bitcoin ETFs, many believed this to be the watershed moment that the industry had been waiting for. However, digital asset thought leaders and industry pioneers – including executives at blue chip investment companies such as BlackRock and others – have rightly said that tokenization, decentralized lending, democratic access to liquidity, and other financial services built on digital assets are where the real value lies. The question is how to tap into that value en masse and onboard a global user base.
Sharky is one groundbreaking project that is making meaningful strides in addressing precisely that issue. Sharky is the leading NFT lending protocol on Solana and is the platform of choice that provides users with liquidity against NFTs and other digital assets – without requiring the asset holder to sell their assets. Sharky is essentially a decentralized NFT lending protocol in which NFT holders can use their NFTs and other digital assets as loan collateral.
This allows them to instantly unlock liquidity without selling their digital holdings. Built to work seamlessly with Solana, one of the most rapidly growing blockchain ecosystems, Sharky provides lightning-fast transactions, minimal fees, and access to powerful trade and liquidity tools.
Since its inception, Sharky has facilitated over 1.4 million loans, proving its mettle as a safe, fast, and performant solution that can meet the rising demand for NFT-backed loans and other digital asset lending use cases.
Sharky has announced that it is conducting a Token Generation Event (TGE), scheduled for April 16, 2024. The TGE will allow Sharky to expand its services beyond Solana to Ordinals and RWA (Real World Assets), thereby bringing a comprehensive suite of lending and borrowing facilities and capabilities to the world’s leading blockchains and decentralized protocols.
Anton Vynogradenko, the CEO of Sharky, commented on the TGE and said that Sharky’s mission and vision have always been to deliver high-performance value-added services to DeFi users. Thanks to its unparalleled success in Solana, he said that the time is right for Sharky to expand into Ordinals, RWA, and other high-volume, high-usage blockchain use cases.
By democratically providing NFT holders with quick, hassle-free access to liquidity, Anton and the Sharky team are poised to make a lasting impact on the broader DeFi and NFTfi ecosystems with the platform’s relentless focus on speed, security, and accessibility.
Investors and enthusiasts can learn more about the TGE opportunity and join the Sharky revolution by visiting the official Sharky website.