Unlockd, the protocol that allows you to maximize the performance of your NFTs with an instant loan backed by NFTs, is pleased to announce its new partnership with Tribe Guild, a web3 gaming guild that provides scholarships to its members, allowing them to earn and have fun together as a community. This partnership will allow them to benefit from NFT-backed lending solutions and reward their gamers and supporters.
Tribe Guild was founded by Zaccheus and provides a range of scholarships for various web3 games, including Axie and related games, STEPN, and Sipher, each with a dedicated team to assist players in maximizing their potential. The Guild takes pride in its exceptional asset support, such as providing each Tribe Member with 9 meta Axies in Axie Infinity or 9 shoes for STEPN, and fostering a strong gaming community.
With a community of over 1,000 members, Tribe Guild continues to support players to participate in different online events, hosting dozens of activities each month and creating engaging content with live stream and social media sharing.
As Tribe Guild develops and looks for new scholars, they will benefit from the liquidity that Unlockd provides by facilitating secure and efficient lending and borrowing backed by NFTs across different blockchains.
This will enable Tribe Guild to optimize its returns on investments and explore new opportunities. With a current borrowing cost of less than 4% using Unlockd, they will be able to grow much faster than using any traditional financing options.
This collaboration allows the guild to use NFTs as collateral for loans without selling them, unlocking innovative NFT finance solutions for capital efficiency. Unlockd has currently enabled more than 10 Blockchain Gaming collections like My Pet Hooligan, Arcadians, Sandox, Big Time, Sipher, and more.
Unlockd’s versatile technology integrates with various decentralized applications, allowing users to transform illiquid assets into productive, liquid ones, opening the gates to true NFT financialization. The protocol’s attractive features, including instant loans, no credit checks, and low-interest rates, make it an ideal option for NFT holders to maximize their returns while retaining ownership of their NFTs.
The partnership between Unlockd and Tribe Guild showcases the growing significance of NFTs in the gaming industry and the potential for NFT-backed finance solutions to drive innovation and growth in the space. As more gamers and gaming guilds embrace NFTs and blockchain technology, we can expect to see an increase in collaborations and partnerships that will pave the way for new and exciting use cases for non-fungible assets.
We are still early, don’t sleep on Blockchain Gaming
We are extremely bullish about Blockchain Gaming, from day one our objective at Unlockd has been supporting gamers and guilds accessing better financing options, you can find our opinion article here https://medium.com/coinmonks/how-can-p2e-guilds-unlock-millions-in-liquidity-to-scale-their-operations-613c109ba711
Despite the current market situation, we see how Blockchain Gaming is still gaining traction and has recovered faster than the broader crypto market. In January, on-chain gaming activity increased by 1.31%, accounting for 48% of all dApp activity. The market caps of top gaming tokens rose by an average of 122%, with GALA leading at 218% and $384 million. Sewer Pass generated $44.6M in trading volume and sold 10,561 NFTs in just two weeks.
The global GameFi market has exceeded expectations, and according to a recent report, it is projected to reach USD 38 billion by 2028, with a CAGR of 27.13% during the forecast period. The report also highlights that more competition and growth in the market are expected due to the entry of more players in the global GameFi market.
We are part of the Blockchain Gaming Association and recently run a training and live walk-through to showcase our dApp to all their members, including guilds and key NFT infrastructure companies. We see NFT lending as one of the key narratives that will drive the next big NFT wave and gain traction once the market recovers.
As the industry continues to evolve, we believe that guilds will play a crucial role in the industry, driving blockchain adoption and providing players with a community to share resources, knowledge, and expertise. In addition, they will also offer players access to financial opportunities through DeFi protocols, such as NFT lending.
The partnership between Unlockd and Tribe Guild not only highlights the potential of NFT-backed finance solutions in the GameFi space but also demonstrates Tribe Guild’s dedication to improving its platform and generating fresh opportunities for its members. With plans to broaden its game selection through new partnerships, host regular game tournaments and meetups, and introduce a new Tribe incentive program, the Guild aims to build and foster its community.
The GameFi industry has a promising future with the emergence of guilds, the growing popularity of NFTs, and the commitment of platforms like Unlockd. These developments have paved the way for innovative gaming experiences that blur the lines between virtual and real-world economies.
Tribe Guild has joined our Key Supporters program with our NFT genesis collection
Tribe Guild has received a significant number of The Lockeys key supporter NFTs, Unlockd’s genesis collection of NFTs.
These NFTs from the collection will grant them early access to the protocol mainnet — as well as testing all beta features.
Remember that you are still able to get your hands on a The Lockeys NFT and that our Testnet is now open for all our holders, you will also get early access to mainnet and future features, boosted $UNLK rewards, private community events, The Sandbox custom skin, DAO governance participation, and much more.
Public Sale of The Lockeys is SOLD OUT. Get yours at marketplaces here.
Unlockd is the decentralized cross-chain protocol that provides democratized NFT liquidity and utility for Gaming, Art, Metaverse and DeFi digital assets.
Unlockd provides instant NFT-backed loans and enables seamless cross-chain borrowing and lending. With Unlockd, borrowers can maximize the return on their NFTs keeping the utility of their collateral, and lenders can earn high yields providing liquidity to our pools.
About Tribe Guild
Tribe Guild is a web3 gaming guild that provides scholarships to its members, allowing them to earn and have fun together as a community.
Tribe Guild provides a range of scholarships for various web3 games, including Axie and related games, STEPN, and Sipher, each with a dedicated team to assist players in maximizing their potential.