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NFT in Fintech space

Using these tokens as collateral to earn interest or obtain loans is one of NFT's most beneficial potential for the FinTech sector. As a result, anyone now has the opportunity to use an NFT representing a work of art, digital property, a game item, or even tokenized real estate as collateral and borrow money through it. These are currently in-demand NFTs that will quickly become more well-known. For instance, the Nftfi decentralized finance (defi) platform has witnessed a total volume of loans of $185.4 million since the market's creation.

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NFTs are not just used as collateral but can also represent more complicated financial products like options, bonds, or insurance. An NFT, which may then be sold on a secondary market, can be used to represent each insurance policy, for instance.

NFT in finance industry can be used in a variety of ways, such as representing ownership of rare and collectible items, facilitating peer-to-peer trading of unique digital assets, and enabling the development of decentralized financial applications. Some examples of how Blockchain in fintech industry is being used include the tokenization of art and other collectibles, the creation of NFT-based marketplaces and exchanges, and the NFTs use case in finance to represent ownership of real estate, securities, and other financial assets. Every NFT development company is seeing a significant increase in demand for their NFT marketplace development services as more and more businesses are looking towards NFT marketplace development.

Fractional ownership is a fascinating idea that is related to the NFT's acceptance in Defi and its partnership. NFTs thus give still another level of flexibility to the process of issuing NFT shares. This implies that investors can simply purchase a portion of NFT rather than the entire unit. The most recent collaboration between NFT and Defi is to take part in sales or start a contest where new users can win an NFT. In addition to this, these tokens are currently employed to create liquidity. This is the reason that many financial entrepreneurs build their own businesses where they offer novel services based on NFT trading.

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New Clients, Revenue Streams, and Collaborations

Participating in sales or launching a sweepstakes competition where new clients can win an NFT is the simplest and most obvious approach to employ NFTs in favor of financial institutions.

NFTs can also be used to create liquidity in addition to this. The initiatives that many financial firms take up offer new services based on NFT trading.

Finally, the NFT boom may encourage more established market participants to join in, which might lead to a variety of profitable alliances and innovative new products for the market.

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NFT in virtual reality

Research

NFTs, or non-fungible tokens, became a popular topic in 2021's digital world, comprising digital music, trading cards, digital art, and photographs of animals. Know More

Blockchain is a network of decentralized nodes that holds data. It is an excellent approach for protecting sensitive data within the system. Know More

Workshop

The Rapid Strategy Workshop will also provide you with a clear roadmap for the execution of your project/product and insight into the ideal team needed to execute it. Learn more

It helps all the stakeholders of a product like a client, designer, developer, and product manager all get on the same page and avoid any information loss during communication and on-going development. Learn more

Why us

We provide transparency from day 0 at each and every step of the development cycle and it sets us apart from other development agencies. You can think of us as the extended team and partner to solve complex business problems using technology. Know more

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1 Reduce Cost
RCW™ is the number one way to reduce superficial and bloated development costs.

We’ll work with you to develop a true ‘MVP’ (Minimum Viable Product). We will “cut the fat” and design a lean product that has only the critical features.
2 Define Product Strategy
Designing a successful product is a science and we help implement the same Product Design frameworks used by the most successful products in the world (Facebook, Instagram, Uber etc.)
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In an industry where being first to market is critical, speed is essential. RCW™ is the fastest, most effective way to take an idea to development. RCW™ is choreographed to ensure we gather an in-depth understanding of your idea in the shortest time possible.
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Appsters RCW™ helps you identify problem areas in your concept and business model. We will identify your weaknesses so you can make an informed business decision about the best path for your product.

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We as a blockchain development company take your success personally as we strongly believe in a philosophy that "Your success is our success and as you grow, we grow." We go the extra mile to deliver you the best product.

BlockApps

CoinDCX

Tata Communications

Malaysian airline

Hedera HashGraph

Houm

Xeniapp

Jazeera airline

EarthId

Hbar Price

EarthTile

MentorBox

TaskBar

Siki

The Purpose Company

Hashing Systems

TraxSmart

DispalyRide

Infilect

Verified Network

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Rejolut is staying at the forefront of technology. From participating in (and winning) hackathons to showcasing their ability to implement almost any piece of code and contributing in open source software for anyone in the world to benefit from the increased functionality. They’ve shown they can do it all.
Pablo Peillard
Founder, Hashing Systems
Enjoyed working with the Rejolut team; professional and with a sound understanding of smart contracts and blockchain; easy to work with and I highly recommend the team for future projects. Kudos!
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They have great problem-solving skills. The best part is they very well understand the business fundamentals and at the same time are apt with domain knowledge.
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