Banksea Finance is Coming To Moonbeam

Banksea Finance announces integration with Moonbeam.

This integration will give Moonbeam users access to an NFT valuation mechanism based on AI technology, that provides an NFT pool-based lending solution.

Banksea’s integration with Moonbeam will be a multi-chain deployment milestone, the Banksea team will have access to Moonbeam’s fast-paced, growing community. This integration will also increase asset liquidity in the Moonbeam ecosystem by enabling an AI-driven NFT Oracle and NFT pool-based lending solution.

More on, Moonbeam and Polkadot communities will be able to evaluate their NFTs through Banksea NFT Oracle and collateralize NFTs for a loan on Banksea.

About Banksea Finance

Banksea Finance is committed to building the first AI-driven NFT Oracle protocol and NFT Pool-based lending platform deployed on the multi-chains, helping to solve the problems, the lack of NFT valuation mechanism, low asset utilization of NFT holders, and insecurity of lenders’ funds. What distinguishes Banksea from the P2P lending solution is that Banksea creates this brand new NFT-pool based lending solution where lenders can deposit cryptocurrency assets for the corresponding yield while borrowers collateralize NFTs for loans by evaluating the mortgage rate and interest rate through NFT Oracle.

About the Moonbeam Network

Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. As a parachain on the Polkadot network, Moonbeam will benefit from the shared security of the Polkadot relay chain and integrations with other chains that are connected to Polkadot.

➡️Source:
https://medium.com/@BankseaFinance/banksea-finance-is-coming-to-moonbeam-5689f651624a