How Ubiloan and Mirror Planet empower each other?

Co-organize marketing events for user growth

Since the community was established, Ubiloan has attracted more than 3,000 community members in less than a month. The goal is to work closely with Mirror Planet’s marketing team and cross-promote to increase user growth. They want to collaborate and join forces with their marketing activities.

Co-branding and NFT Offerings in Ubiloan Platform

With effective cooperation from Mirror Planet, Ubiloan shall create a limited edition co-branded NFT and also shall announce it publicly to the community at the start of their sale.

Providing liquidity solutions to Mirror players on Ubiloan platform

Ubiloan is a peer-to-pool lending and also staking platform delivering liquidity for GameFi assets. Ubiloan shall provide all types of liquidity solutions to Mirror players and the leverage to purchase the game NFT. Players can pledge NFT to borrow cash on the Ubiloan platform while still using NFT for playing and earning.

About Mirror Planet

Mirror Planet is a lifestyle metaverse designed and built to leverage blockchain, NFT, AR, Location Based Services (LBS).

It uses a new real world rendering system that builds on the foundations of Pokemon Go tech to achieve realistic 3D building models overlaid onto the real world map. Moreover, the existing alpha version already has these attributes readily integrated and functional, allowing for immediate development of in-game infrastructure, with ease of updates to allow for new concepts and innovations to be adopted immediately. Purchase and upgrade buildings Socialise and also make friends with other users Move & earn rewards Augmented reality NFT hunting.

Website | Twitter

About Ubiloan

Ubiloan is the decentralized loan protocol specialized in GameFi NFTs. Depositors provide liquidity to a market pool contract to earn a passive income. At the same time, borrowers can borrow the pooled funds by mortgage loan service (over-collateral) or credit loan service (un-collateral). This peer-to-pool model enables instant loans with characteristics based on the state of the pool, collateral and also credit investigation.

Website | Twitter

SOURCE: MEDIUM

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Through this collaboration, Ubiloan will adopt and integrate the ERC-4907 token standard into its NFT loan protocol and gaming guilds.

NFT lending is referred to as the process of collateralizing your NFT as a loan in exchange for immediate crypto payment. And it addresses the asset class’s most significant issue: liquidity. Basically, it allows lenders to lend their money on the platforms and receive interest on loans given out.

By integrating ERC-4907, Ubiloan and Double Protocol will collaborate to boast blockchain gaming through the Ubiloan game guilds. Gamers will be able to access gaming NFTs at a subsidized rate without spending so much on acquiring these NFTs.

 This collaboration is strategically positioning to lower the barrier to accessing gaming NFTs and supercharge the blockchain gaming space. By extension, this move will also open up the gateway for Double Protocol and Ubiloan to collaborate on other areas including marketing efforts.

About Double Protocol

Double Protocol is an NFT rental platform developed by the same team behind ERC-4907. Double Protocol enables the lending and renting of in-game and in-metaverse NFTs. The protocol is on a mission to deliver a revolutionary NFT rental platform that seamlessly connects NFT owners to prospective NFT renters who wish to leverage these assets for a limited time.

By deploying ERC-4907, Double Protocol is unique in its rental approach by ensuring that NFT ownership rights are separates from usage rights. This concept addresses the challenges associated with some rental services and distinguishes Double Protocol from other rental protocols.

In addition to the existing core products, Double Protocol also offers Web3 Domain Subscription. This service enables ENS domain holders to list and monetize their ENS names by letting other users subscribe to a subdomain name for an agreed fee for a specific period.

Website | Twitter 

About Ubiloan

Ubiloan is a decentralized, immutable, and transparent loan protocol specializing in GameFi NFTs. NFT holders, the borrowers, can receive instant loans once they pledge their NFTs in the Ubiloan protocol. Liquidity providers, as the lenders, deposit specific crypto into the liquidity pool of Ubiloan to earn interest.

Ubiloan also provides a plug&play solution for Game Guilds to financially empower their members. Guilds can enjoy good loan interest income.

Website | Twitter 

SOURCE:
https://blog.double.one/double-protocol-collaborates-with-ubiloan-3eef127d028d

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