Boom in NFT Industry: $1M Loan Sets New Record

Gondi Facilitates Record-Breaking $1 Million Loan Against CryptoPunk

Gondi, a peer-to-peer NFT lending protocol, has announced that it has facilitated a record-breaking loan of $1 million USDC against CryptoPunk #8219. The loan, which is for a period of 6 months, is the largest ever on-chain loan against a single CryptoPunk. This accomplishment marks a significant milestone for the NFT market and lending protocols like Gondi.