Sotheby’s launches on-chain secondary NFT marketplace: Nifty Newsletter, April 26–May 2

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Sotheby’s launches on-chain secondary NFT marketplace: Nifty Newsletter, April 26–May 2
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Blur introduces a perpetual NFT lending protocol. Meanwhile, the NFT market struggled in April, with more sellers than buyers. All that and more in this week’s Nifty Newsletter!

), with artist royalties automatically paid according to their chosen rate through smart contracts.

Blend matches lenders and borrowers through an off-chain offer protocol with no fees. The protocol offers indefinite borrowing positions until terminated, allowing borrowers and lenders to extend the loan expiration time by a predetermined period.Cogni, a neobank with Federal Deposit Insurance Corporation coverage, is introducing soulbound NFTs for KYC information to its crypto wallet holders.

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