NFT Financialization
LisCon 2021 · 20 Oct 2021 · 11:15
Théo Rochaix of Bunchy gives a short talk titled "NFT Financialization" at LisCon 2021 in Lisbon. The title places the subject at the intersection of NFTs and financial markets.
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From LisCon 2021, hosted by LisCon.
Transcript
okay let's go okay so there is a little cut but we we don't care okay so today we're gonna talk about unicity in the blockchain space and mostly nfts that are the tokenization of this unicity and because we want to welcome a lot of people in the bunch first we have a gift for you so bunch is about florals love and you are all welcome it's a deo first so if you want to win this cool bunch of flowers just ping us on twitter so you have one hour to send a picture
send a gift send some love on the bunchee and we will do a competition a lottery to find a winner so this is yours and this is ours so let's move in a bit so banshee protocol let's go let's go let's jump in the subject g5 and nft's intersection we can expect all activity and economical activity to be tokenized on chain in the coming future and these will be mostly done via nfts because nfcs are just perfect to tokenize any kind of service or products that can be put into world this was written in the crypto anarchist
manifesto is from 40 years ago and this is what nfts are unlocking so let's jump at this amazing intersection of both markets first we have the financial nfts which are about what nfts can bring to g5 so we will talk about that then we have investing how are we going to ape in the nfts how are going to we leverage our nfts are going to we make some cash and some financial services obviously because it's always about the value and economical optimization what we need for nfts is pricing pricing
erc20 is super easy basically because it's fungible but for nfts it's much more difficult so we will jump into that finally lending which is my favorite part because lending is just the layer base to open financial services on top of any tokenized capital and also the this new aspect of nfts which are infra economies into nft collection let's jump on financial nfts who there did knows that curb was tokenizing your position under nfts when you do some cross-asset swap you did that's a really nice point actually most of people think uni swap
where the first one to use nft is to tokenize financial position but curve six months before when they start working with synthetics use this mechanism to cross-asset swap a very large amount of liquidity then we have uniswap the famous v3 position that we are all still looking to to optimize and finally alpha finance which is using erc 721 so it kind of for level and 55 the kind of abradation to tokenize your position finally here is offering insurance projects via nfts to avoid kyc then you have pricing so you can floor
at the price nfts by creating synthetics for those this is what nifty and nftx are doing so they just have a erc20 equivalent of your nfts so you enjoy the advantage of fungibility to price your nfts you have average price which is done by yuma and the yam which is mostly your synthetics and crude appraisal by upshot so each of us if we know about nfts we could determine an approximate valuation of those then you have investing and the the leaders maybe in that are black pool with their funds management so what they do is using quantitative trading
strategies to beat the market which is pretty uh productive i think in respect to their their results then you have the index we talk about which are cool and collective ownership so how can we invest in just a piece of nft so we can use fractional we can use also season dro which is a new kind of fractionalizer tool with included governance tool so you have a snapshot it's like the launchpad for the hours and i believe season is really going to be super super big and mostly you will use your nfts as collateral on bunch of their seasons finally we have nfc trading so jenny
which is an aggregator let's talk about the the novelty of the last month maybe the last two months the nfc infra communities because nfts are collections they are like wool universe so it's not anymore about just the nft but it's about a vertical a story where you need some fire power to incentive people to build so lude for instance launched a gold you can stake your kongs to tense bananas and cool cats i think are launching erc20 soon into this um nft in fracking you also have the end project which rather than to have a governance token is a fully permissionless finish collection that anyone can use and some
diy are pumping on top of it but you can go over on the end which is pretty different from a loot and finally you have announced the arrow which has its own economy about gathering the secondary fees and using them to finance some stuff let's talk about the best part peer-to-peers and peer-to-contract lending for nfts the theory stipulates that any capital should be used in the financial ecosystem this is how you make your capital work for you this is how you have time to be creative and this is what we want to do at banshee with a peer-to-peer a super efficient protocol to create depth on any token erc20 721 1155 crypto punks so any
tokenized capital can be used on banshee to generate a revenue for it for you and i think that's pretty big then we are the first p2 contract protocol so you have all the advantage of rv instant liquidity of standard protocols for your nfts as collateral so maybe let's jump on a demo it will be even more fun so this is bunchy nice to meet you all so you earn on bunchy that's our promise it's about personal capitalism so generate passive income on top of your asset and you can leverage all your capital with two kind of products banking and there's another one that is even much powerful i think and we
integrate here because we always want to find the best deal for you this is our promise you will stop working you will be creative and we will all make it so let's let's uh collateralize let's deposit some punk we support uh punk the real one in the in the mainnet but this version is running on the fork so it's ready to be deployed but we need to use wrap tank on those so that's a nice uv actually and i will just deposit the punk wood there got some punks board apes or let's say large popular collections 10 okay so then you can use your nfc that's
collateral and even the less popular collections so that's it i'm depositing we are launching an ethereum in approximately four to five weeks you got s factor to monitor because you don't want to be liquidated so you always none okay why not can we refresh but anyway you can deposit and then you can borrow and you manage your x factor to avoid being liquidated it's permissionless liquidation and okay why not but
in another universe you will just borrow some dye and it will be pretty cool but thus for something else anyway it's bunchy this is the first part of the project this is the peer to contract aspect but we also have a bond product which can be even more powerful so starting from now there are two kind of nfts they are the one that are passively dying for you which represent a greater cost of value and they are just bearing about inflation and they are the other one deposited on banshee look at them don't they look just super vibrating
so get ready to deposit your nfts and access personal capitalism which will be the most biggest leap towards humanity freedom since personal computer i think also about the banshee ethos so banshee is their first which means no institutional money into the bunch a lot of contributors no co-founders just initial contributors and us everywhere looking to build and leverage so this is a society i think it's even much bigger than the dial because it's also about culture it's about bringing people and having core
values that unify all of us to build powerful products because community is the moat and technology when it's open source is not that important at the end so banshee is getting ready you're going to leverage your unicity because this is the only things we got at the end so trust in yourself trust in your nfts because they will farm for you yeah and finally yeah you have one hour to ping us on twitter and feel free to ask any question we have a lot of stickers and we have this bunch of flowers for you so
up to you and we will be glad to meet you you