After the airdrop of $APE, what will be the impact on the NFT market?

Finally 🎉 The Bored Ape Yacht Club airdropped its governance token on March 17th. It made many investors fomo. XCarnival has always researched different solutions about the liquidity of NFTs. What effect will this have on the NFT mortgage lending market?

Airdrop $APE opened up the value of elite NFTs and crypto market mediums. We think other NFTs will follow this game, but what’s the value among different NFTs when they also airdrop their token?

Let’s see👇

1、Such as Bored Ape, this kind of elite NFTs.

Relying on strong assets and brands, it can form a positive liquidity empowerment for its ecology. In this case, players will be more inclined to hoard NFTs, so the demand for mortgage loans will be more prominent, just like BTC, after all, it is the entire encryption world– the highest belief.

2、The blue chip NFTs.

Tokens are airdropped through the DAO organization to explore and build the web3 community. Using the functional analogy of Ethereum, it can provide a richer value of the encryption circle than Bitcoin. The NFT tokens in this will be more dynamic, and the NFT mortgage lending market can also better serve as the carrier of the liquidity solution.

3、The personalized NFTs.
Due to the different aesthetics of most players on NFTs, we think more NFT projects will be created in the market. Affected by this trend, tokens will also be issued. If players don’t want to miss more opportunities, they will continue to look for and hope to hit the next Bored Ape, and they will not easily sell NFTs on aesthetic points. Then the market solution for mortgage lending will also come out at this time.

Finally, users are worried about the security of NFT pricing for lending, XCarnival is fully prepared to develop and design a systematic oracle mechanism for this. So don’t worry. XCarnival will open Ethereum cross-chain soon, please look forward to it.