NFTfi: Non-Recourse Loans through NFTs

The NFT market has experienced significant growth since 2021 and this is apparent with the rise of the top ten "blue-chips" of NFTs, having accumulated approximately $6.2 billion in fully diluted market capitalization. 

The growth can also be seen in the volume of NFT trading, which has risen 536% year-on-year from $467 million to $3 billion. Notably, the majority of growth continues to occur on the Ethereum chain.