Article written by quest author Eloisa Marchesoni.
Did you know your NFT-membership has secondary market value and can easily be transferred/rented?
When viewed on OpenSea, the NFT series becomes an art collection, completely stripped of the MLM structure, winding down to a project like the many already popular in DeFi spaces.
What Is Decentralized Finance (DeFi)?
Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on money, financial products, and financial services.
This is appealing to new investors and HODLers that may as well not be networkers.
What Does HODL Mean?
HODL is a term derived from a misspelling of “hold,” in the context of buying and holding Bitcoin and other cryptocurrencies.
It’s also commonly come to stand for “hold on for dear life” among crypto investors.
The term originated from a 2013 online post to the Bitcointalk forum where the typo appeared. The price of Bitcoin in 2013 was volatile at the time, surging to over $950 at the beginning of December, 2013, up from just over $130 in April of the same year.12 The poster encouraged people not to sell and that they were “hodling”.
The HODLers can now rent their NFT-memberships to leaders