Unlockd x Playdex: NFT-backed lending directly integrated into NFT renting.

This partnership will allow us to combine NFT lending and renting and serve scholars and managers more efficiently, improving the infrastructure around NFTs.

Unlockd, the decentralized, cross-chain protocol that provides NFT liquidity while keeping ownership perks, is thrilled to announce our partnership with Playdex, a marketplace that enables players and guilds to rent gaming assets from NFT holders.

Over the past roughly 18 months, NFT financialization has opened the door to huge opportunities in the gaming world, transforming the blockchain games ecosystem into a true gamified economy. Leading this rise we find metaverse guilds, which are increasingly establishing themselves as fundamental backbones of the GameFi industry.

The explosive growth they have experienced gives rise to new needs, mainly in terms of infrastructure, which do not find supply to be satisfied for the time being. At the heart of this demand are the liquidity and working capital problems that these large, decentralized organizations face — hence the need for liquidity infrastructure solutions that enable managers, teams, and scholars to expand operations and grow sustainably.

Following this trend, at Unlockd we believe users and large organizations should be able to make the most out of their NFT portfolio. Renting NFTs and borrowing against them are two sides of the same coin — which, combined, will lead to NFT mass adoption by giving users more choices, increasing liquidity and leveraging the value of their assets.

There are several circumstances under which guilds and investors will rent their assets while borrowing against them: idle assets, excess supply of a certain NFT for the current volume of players, or strategic decisions to balance their portfolio to invest in new games. This flexibility becomes especially critical during volatile market conditions, as it provides extra liquidity to capture generational opportunities.

Playdex is working on enabling NFT rentals for dozens of games, allowing any user to rent out assets for any period of time. This flexibility to choose their terms (amounts, rates, duration, etc) is perfectly aligned with Unlockd’s philosophy and methodology, making the Unlockd x Playdex integration the logical next step for the growth of both projects and the ecosystem as a whole.

The Unlockd x Playdex partnership will make it easy for NFT owners to seamlessly rent their assets and borrow against them, unifying previously fragmented and informal transactions and driving transparency and efficiency.

Unlockd will integrate with Playdex to allow borrowers to also rent their NFTs while keeping them pledged as collateral in Unlockd with an active loan against them.

This one-of-a-kind synergy will make borrowing more efficient and even allow for the loans to be repaid almost automatically thanks to the revenue generated by the rental.

Combining both protocols' utility, users will also be able to generate passive income, as Playdex allows this automatically based on a set of criteria — enabling easier access to smaller guilds or casual investors that don’t have the time or infrastructure to actively manage their NFT portfolio.

One particularly important area of collaboration will be working together to drive mass NFT adoption and improve efficiency for Unlockd guild partners.

We want to empower more people to have easy access to NFT games without necessarily having to buy expensive NFTs. This includes large guilds onboarding new scholars, as well as mainstream gamers who are beginning to explore the potential of web 3 games.

To lead this paradigm, Unlockd is designing unique integrations with NFT marketplaces, renting protocols, and blockchain games to enable ‘buy-now-pay-later’ opportunities and pre-approved loans.

We believe that while Unlockd can provide the extra liquidity and drive financial inclusion through NFT-backed loans, integrating with Playdex will help fast-tracking the repayment of these loans, making it easier for everyone to own assets within the Metaverse.

At the same time, our solutions will allow guilds to focus on their core business of training and scaling their communities. Automatically managing their working capital and idle assets through a combination of debt and renting solutions makes room for improving their player support and competitive training.

Ultimately, the Unlockd x Playdex partnership will allow guilds, DAOs and gamers to operate faster by lowering the investment required to buy their gaming assets, giving them more flexible payment terms and solutions while bringing sustainable growth for all industry participants.

Thanks to DeFi, projects like Unlockd and Playdex can join forces in synergies never seen before to unlock a world of possibilities for NFT financialization of gaming assets.

Web 3 economy future is bright. We keep on building. Stay tuned.

About Unlockd

Unlockd is the decentralized cross-chain protocol that provides democratized NFT liquidity and utility for Art, DeFi, Metaverse, Real World and Gaming.

Unlockd provides instant loans and enables seamless cross-chain borrowing and lending, with Unlockd borrowers can compound their wealth with NFT-backed loans while maintaining 100% of ownership perks.

Website | Twitter | Discord | Telegram | Blog

About Playdex

Playdex is an online play-and-earn rental marketplace that allows gamers and guilds to rent gaming assets from NFT owners, they currently have thousands of teams available in their platform and have integrated with leading games like Axie Infinity

Playdex is an easy-to-use platform where metaverse gamers can play and earn immediately, connecting NFT owners with guilds and teams that need these assets, helping them identify the ones that can match their strategy or work better for their team

Website | Twitter | Discord



Unlockd allows users, DAOs, investors, gamers and guilds to earn yield and borrow against their NFTs with the safest instant loans, keeping all the NFT utility.

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Unlockd allows users, DAOs, investors, gamers and guilds to earn yield and borrow against their NFTs with the safest instant loans, keeping all the NFT utility.