exclusive
Former Coinbase engineers launch NFT lending platform with Coinbase funding
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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.
NFT lending platform PaprMeme has gone live, offering a way to borrow against a wider range of NFTs.
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