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Crypto art lending markets are about to change everything
You are bullish on your JPEGs now - wait until art collections cashflow
Digital art APRs are still high compared to tradart (16-20% vs 6-9%). LTVs still low (~30% vs 50-60%)
But as the global money supply moves from bank dollars to stablecoins, those dollars will seek simple yield.
APRs move lower. LTVs higher.
Soon you're borrowing against your blue chip NFTs @ 6% APR / 60% LTV... parking the $ in yield spots of your own... and cashflowing your collection.
This loan may seem large now... but it's just a taste of what's to come
And if you think we're seeing a price surge for crypto art now... wait until every punk, beeple or XCOPY is one click away from earning it's holder money

8.8. klo 23.46
History made on GONDI by the great art patron @CozomoMedici 📜⚔️
‘When Airdrop?’ by @XCOPYART just received a 1,000,000 USDC loan — the largest XCOPY loan ever, and 1/1 digital art NFT loan ever.
Terms for this loan: 1M USDC at 20% effective APR, 1-year duration, across two tranches.
Over 500 years ago in Florence, the Gondi family were key financiers to the Medici, powering the Renaissance.
Today, in the digital age, GONDI and Medici unite once again… only now, the canvas is on-chain and its a new kind of Renaissance.
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