Unlockd x Stash: building NFT infrastructure to support Web3 gaming.
Unlockd, the decentralized, cross-chain protocol that provides NFT liquidity while keeping ownership utility, is thrilled to announce our partnership with Stash, an NFT infrastructure platform enabling easy access to gaming items through renting and lending.
Unlockd and Stash share a common objective: providing more alternatives to drive blockchain gaming adoption and reducing friction.
We know that the industry needs to make it easier for players to get onboard, and both of our projects want to reduce the opportunity cost of owning NFTs and provide more opportunities to monetize these assets.
For the NFT industry to grow long-term we need more holders and more players.
That means people can either make passive income via renting or borrowing against their assets but… the current ecosystem presents extreme levels of volatility. And the situation forces users to choose between playing or selling their assets.
To mitigate this, many NFT traders and blockchain gamers are starting to demand financing solutions, as more quality games are appearing. Users are starting to really enjoy the features these games provide, and are willing to hold their assets while using them to get fun and obtain in-game yields.
The key to keeping supporting smooth gameplays while allowing players to make a living from gaming is to build efficient NFT infrastructure tools.
And this Unlockd x Stash partnership brings us one step closer to the future in which these solutions are the foundation of the gaming economy.
Better gameplay for better gamers need better infrastructure
The industry is in building mode for higher quality “gameplay-first” games, but needs NFT infrastructure projects like Stash and Unlockd to grow and thrive.
Stash is an NFT Gaming marketplace that enables easy rentals and lendings for gaming — they want to provide more alternatives and solutions for gamers, allowing them to rent NFTs for use or lend their NFTs to other members for a share of earnings.
We share the same belief that NFTs are here to change the world and this technology will transform gaming. When used in the right context, the functionality and benefits of NFTs are obvious, giving immutable and financial ownership rights for a digital item to a buyer.
Unlockd has learned a lot from partnering with over 30 key games and we know that scholarship onboarding is a key pain point.
That’s why we are bullish about the Stash approach, driving accessible NFT Gaming, with no investment, no risk, and no difficult tech integrations required — their scholarship process can take as short as 30 seconds!
One of the most impressive things about Stash is its capacity to innovate across different fronts — first by quickly integrating 7 games just within weeks of launching the protocol — but also through very creative marketing executions like their affiliate program, which allows anyone looking to promote games to get paid.
Their network-led marketing has helped build a strong community, an ecosystem that Unlockd is pleased to join by offering our NFT-backed loans.
We are convinced that the Stash team will continue identifying new opportunities through their constant research and industry partnerships and we are excited to work together, integrating our solutions within their platform allowing everybody to borrow against their NFTS.
Together, we will continue to build composability and drive strong use cases for the NFT community and especially all GameFi projects out there.
Soon you will be able to hear the founders and team of both projects chatting with the community about the bright future of GameFi.
Stay tuned to our socials!
About Unlockd
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 Stash
Stash is an NFT infrastructure platform enabling easy access to gaming assets through renting and lending.
They want to provide more alternatives and solutions for gamers, allowing them to rent NFTs for use or lend their NFTs to other members for a share of earnings.
