Someone just took a $1,100,000 on-chain loan from a stranger using an NFT representing ownership of a complete set of Supreme Box logo T-shirts as collateral
The 1000lb+ set was sent to an escrow company who then sent back NFTs representing ownership of the shirts
The borrower then used the NFT to tap into global liquidity
If they default? The lender can use the NFT to redeem the shirts
Sotheby's appraised the collection of 291 shirts at ~$2.5m a couple of years ago
Pretty insane to see the owner of a grail streetwear collection come on chain and utilize the proof of ownership that NFTs provide
It is actually terrifying how accurate @marenaltman is.
This isn’t a paid ad. I’m genuinely, constantly stunned.
It is really fucking wild to experience your life go to shit & then get better and look back on her posts & see the exact dates she gives line up after the fact.
The world’s first “smart gun” finally hits the market, complete with a life-saving fingerprint unlocking system that prevents “unauthorized” people such as kids and criminals from firing it.
The $1,499 gun unlocks in less than a second, using either a fingerprint or facial recognition sensor, then quickly locks again when it’s no longer in use.
@StationCDRKelly You’re smart enough not to swallow media & other propaganda bs.
Starlink is the communication backbone of Ukraine, especially at the front lines, where almost all other Internet connectivity has been destroyed.
But we will not enable escalation of conflict that may lead to WW3.