[PragmaticPulp]

> platforms allow the NFT owner to borrow against them instantly so people can use NFT art and property as a store of value

Presumably the lenders are aware of the high risk of wash trading in these securities.

If someone takes an NFT and "buys" it from themselves with 100% of their crypto cash, they are now "worth" 2X: They have their original cash, and an NFT that was last priced at 100% of their original cash.

[vmception]

This is factored in the Loan to Value ratios.

[marcell]

Can you point me to some sites where I can use NFT's to get loans?