Battle Arena and Unlockd Collaboration
Battle Arena has entered its collaboration with Unlockd, a protocol that allows the digital asset economy to function to its full potential.
The partnership will bring more opportunities to the BAGG community with an NFT-backed, cross-chain, instant loan without losing ownership of the collateral, lending & borrowing market enables users, protocols, and organizations in the DeFi, Art, Real-World, and Gaming industries to maximize the return on NFT investments.
All the benefits of having the asset remain the same, but definitely more to work with, which can be used to pursue DeFi, P2E, Guild financing, collecting, or any other degen strategy. A new opportunity for the community to explore!
About Unlocked
Building a strong intersection between the NFT industry and the DeFi sector is made possible by the emergence of Unlockd as the interconnected highway that enables liquidity to flow between blockchains, protocols, and communities.
The technology that they are developing will allow for unique symbioses with marketplaces, decentralized financial protocols that require collateral for applying leverage, renting protocols, guilds, peer-to-peer games, yield aggregators, and a wide variety of other decentralized applications. These lego-like pieces of technology will be able to be combined in a variety of ways.
This paves the way for the true financialization of NFTs, which will bring about financial products that have never been seen before in the history of the economy. These products will involve instant collateralizations to finance new purchases in the form of debt, as well as new strategies that will be centered on improving the efficiency of transactions that take place across multiple chains.
Unlockd believes that it is essential for P2E Guilds to have access to additional capital. So that they can expand their operations and purchase superior assets in order to scale GameFi operations, reward key players. And cultivate professional relationships. Unlockd will work closely with some of the most successful Guilds and gamers. Also to assist them in optimizing their portfolios, by customizing solutions for top organizations, breeding protocols, and expert developers.
In addition to jointly testing Unlockd features and developing bespoke solutions to address future challenges. They will also offer additional incentives to their partners to encourage them to collaborate on the development of an ecosystem. Becoming a core partner of Unlockd comes with several benefits. Some of which include discounted loans, cross-marketing opportunities, community development, token rewards, and limited edition NFTs.
About Battle Arena
Founded in 2018, Battle Arena is Southeast Asia’s biggest Esports giant. BAGG is its DAO GameFi Aggregator Guild with an online and offline Esports Ecosystem. Their platform is designed to be the ultimate, one-stop GameFi destination, allowing Crypto Gamers as well as Esports Gamers, Athletes. And also Influencers to connect and immerse themselves in the new Web3.0 era of NFT-powered gaming.
SOURCE: MEDIUM
