Play It Forward DAO is excited to announce our partnership with Taker Protocol. Taker Protocol provides renting and lending functionality on the financial infrastructure of the NFT space. Learn more about this partnership by reading below:
What is Taker Protocol?
Taker Protocol aims to enhance the infrastructure of the NFT industry by providing renting and lending solutions to its partners and users. It offers tools and contract templates to empower various projects’ NFT assets.
When it comes to renting, Taker Protocol offers a risk-free and collateral-free model that games, guilds, and public chains can use. In its model, users will only get a Mirrored NFT with a time tag on it until the duration of renting is expired. The original NFT will be locked up in a smart contract to ensure that lessors will not lose it.
Taker Protocol ensures a fair price-finding process and instant loans for borrowers through its CuratorDAOs (sub-DAOs). Each CuratorDAO will have a whitelist and price of the NFT loan for the borrowers. Moreover, every sub-DAO has its own funds and will focus on specific types of NFT assets.
What is the partnership of Play It Forward DAO and Taker Protocol all about?
By working with Taker Protocol, Play It Forward DAO can provide more risk-free renting functions and lending solutions to our communities. Play It Forward DAO can also enjoy Taker token (TKR) bonuses when using Taker Protocol’s lending and renting features. Using Taker’s model of NFT lending, PIF DAO users can now get a loan while using NFTs as underlying collateral.
About Taker Protocol:
Taker is the fundamental financial infrastructure for the NFT ecosystem, which provides innovative ways to support the renting and lending of NFT assets.
About Taker Protocol Media Links:
About Play It Forward DAO
Play It Forward DAO is a metaverse eco-system builder focusing on Web3 game investment and a large-scale guild of 3,000+ gamers (Railings University) across the Philippines, Indonesia, and Vietnam.
The company aims to provide broad access to play-to-earn gaming by educating, empowering, and integrating underprivileged communities into the P2E industry. PIF DAO is positioned to be the growth engine of a Plug-and-Play metaverse by allowing its members to invest, play, learn and earn.