Vera is building a platform that offer NFT applications the following products and services.
Finance allows NFTs to be more affordable to everyone. This product enable use cases such as:
Uncollateralized seller or network financing
Collateralized seller or network financing
Buy now, pay later
Buy now, pay over time (Buy an NFT with installments)
Play to own (Buy an NFT and someone else pays for it if you take specific actions in the app or game)
Seller Protection: In the event of the buyer or borrower failing to fulfill their payment obligations during NFT financing or lending, Vera will ensure the NFT is returned to the valid custodian in a trustless manner.
Rent allows NFT collectors to earn income or royalties by lending their NFTs to others. If rent is not paid or the rental contract ends, an NFT is returned back to its owner. Use cases made possible by this product include:
Rent to buy (Own the NFT after paying enough rent)
NFT yield farming (Stake your NFT and earn income)
Subscription (Aggregate NFTs into curated pools available for rent)
Lender Protection: In the event of the renter failing to pay their rent, Vera will ensure the NFT is returned to the valid custodian in a trustless manner.