Grant Request By Deefy

Submission Date

January 27, 2022

Project Links

Telegram: Telegram: Join Group Chat
Instagram: Login • Instagram
YouTube: Deefy Times - YouTube

Project Description

We help creators/gen z owned NFTs & tokenized assets gain higher liquidity from investors via various financial instruments offered by deefy that track diverse portfolios of NFT holdings. Deefy is a cross-chain loaning, renting for millennials. Get instant financial value on your verified & vetted NFTs & tokenized assets kept as collateral. Deefy acts as an escrow account between lenders & borrowers. Deefy ensures quality borrowers & lenders by calculating the floor value of NFTs. Creating a revolutionary shift by introducing a truly decentralized ecosystem and creator-centric products which will be available for creators, influencers, Gen Z & micro-financiers.
In just the first two months of 2021, NFT trading volume topped $342 million, surpassing the volume of the entire last year. NFTs have rapidly gained popularity among companies, artists, celebrities, and influencers as a way to digitize their brands, with early 2021 seeing over 630,000 distinct Ethereum wallets that have created NFTs.
Total loan issued in 2021- 20 million dollars plus
Total borrowed amount 2021 - 7 million-plus dollars

Amount Requested

100000 USD

We aim to use grants to fund the first phase of growth of the community (c.15,000 members) & To launch our beta version of P2P loaning.

Quarter 1 - $50k
Hiring, Product development & community building
Quarter 2 - $50k
Marketing, Audit & Community building.

Admin Costs: $6k
People / HR: $24k
Influencers: $16k
Ads (IG, Twitter, TikTok): $12k
Promoted listing: $16k
Website: $10k
Legal: $16k