Balloon Protocol 🎈

Introducing Balloon - A decentralized marketplace where you can lend, borrow, and short NFTs. Learn more! ⬇️ @dylan.ireland777/introducing-balloon-lend-borrow-and-short-nfts-1b70fa104754" target="_blank" rel="nofollow noopener">medium.com/@dylan.ireland… Try it out live on the Rinkeby testnet at balloonprotocol.com

If you’re in Austin, shoot us a DM to chat! #Consensus2022

Updates are being made to the Balloon Protocol. The smart contract has been improved, and many UI updates have been made. Stay posted on new information by following us on Twitter!

@jasonmaxim Totally feel you, we’re bullish also! Fortunately we have something for you, you can lend out your NFTs and earn interest on them with Balloon!

@BalloonProtocol Why in the world would I want to short an NFT? 🤔 First people short $AMC and then crypto and now #NFTS I don’t even like to wear shorts 😂

Introducing Balloon - A decentralized marketplace where you can lend, borrow, and short NFTs. Learn more! ⬇️ @dylan.ireland777/introducing-balloon-lend-borrow-and-short-nfts-1b70fa104754" target="_blank" rel="nofollow noopener">medium.com/@dylan.ireland… Try it out live on the Rinkeby testnet at balloonprotocol.com

@elie2222 @osf_nft You got it! Check us out! 🎈

@osf_nft The mechanism to make it work: Borrow an nft. Holder gets paid interest. Buyer can sell the nft and pay back a floor nft any time. If you borrowed and sold an inv friend at 13 and then bought back at 5 to repay loan you made 8 eth profit minus interest. And lender also makes cash

@osf_nft Check out the Balloon Protocol! We’re live on Rinkeby and coming to mainnet soon!

@TheMetaDog Check out the Balloon Protocol! We’re live on Rinkeby and coming to mainnet soon.

If we could do short on NFTs, that would be great. After all the NFT projects without keeping any promises that are based on the roadmap.

The @Pixelmon collection minted for 3 ETH only weeks ago. The floor price for a #Pixelmon is now < 0.3 ETH. Wish you could’ve bet against it? Check out the #BalloonProtocol 🎈

It was Valentine's Day just 2 days ago so, let's talk about an idea all lenders would love: The ability to specify collateral multiplier to protect yourself from downside risk. What if I told you lenders that you have this ability with Balloon.

@lawrenx_ @WisdomMatic @DannyCrypt Yip

@BalloonProtocol @WisdomMatic @DannyCrypt Wen Eth?👀

Where can I short NFTs?

@WisdomMatic @lawrenx_ @DannyCrypt Absolutely!

@lawrenx_ @DannyCrypt @BalloonProtocol FR tho?

"Siri, what does NFT stand for?" Siri: An NFT stands for Non-fungible token. Non-fungible token - as in one can't exchange one NFT for another? Balloon bypasses the issue by allowing fellow borrowers to return any NFT within the collection of the NFT that was borrowed.

Say you need to own an NFT to able to attend an exclusive event to holders but didn't want to buy one outright Instead, you can borrow this NFT from Balloon and return it once the event is over saving yourself from a price risk on that NFT collection 😉

Balloon Protocol - built with ease of both lending and borrowing in mind Lenders, specify your terms in which you are willing to lend an NFT Borrowers, take out loans with the most favorable parameters For more information⬇️ @dylan.ireland777/introducing-balloon-lend-borrow-and-short-nfts-1b70fa104754" target="_blank" rel="nofollow noopener">medium.com/@dylan.ireland…

The original "Balloons" NFT collection is now borrowable at balloonprotocol.com. To get your hands on a Balloon, borrow one from our dApp! Try selling your Balloon on OpenSea, and buying back later at a lower price to score profit in the middle! Live on the Rinkeby Testnet🎈

Thank you for 100 followers! We know we have a long way to go, but we appreciate your early support immensely! If you think this project is as awesome as we do, please be sure to share it with your friends and colleagues!

@BalloonProtocol NFT lending, borrowing & shorting on $ETH - Awesome, young founder - On TestNet - More to come very soon balloonprotocol.com

On Thursday the original “Balloons” test NFT collection will be available to borrow and lend 🎈 This will be a simple sample collection for users to try out the platform. Note that the project is currently live on testnet, and costs zero real ETH to use!

@PCK_Crypto We do not currently have a token, but we plan to release a governance token in the future.

@BalloonProtocol Any token?

An FAQ section has been added to our website balloonprotocol.com in which commonly asked questions will be answered. If you have a question you think others would also have, send a message in the #faq channel of our Discord and we may add it to the site!