Crypto Ecosystems • February 20, 2023, 6:27AM EST
Published 2 hours earlier on
UPDATED: February 20, 2023, 11:00AM EST
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Former Coinbase engineers launch NFT lending platform with Coinbase funding

Read the non-AMP story on Theblock.co
The Block

Quick Take

  • Four former Coinbase employees have launched an NFT lending platform called PaprMeme with $3 million in funding from Coinbase Ventures.
  • The platform doesn’t offer direct peer-to-peer lending but instead adopts a novel mechanism built around its native token.