SharkyFi and Citrus, The Rise of NFT P2P Lending | by The Crypto Enthusiast | Coinmonks | May, 2023

For as long as money had existed, loans have always been a favored way for individuals and businesses to leverage their actions and increase buying power. In traditional finance, the market between people in need of liquidity (borrowers) and people who want to put their extra liquidity to work and earn interest(lenders) has always been huge and full of opportunity.

As lending systems evolved and matured throughout history, the term collateral was born to mitigate risk for lenders and make the loan market a safer place.