Drops x NFTBank Form Partnership to Optimize NFT Portfolio Management
These days, crypto users leverage either one or multiple wallets that contain various wallet addresses and NFTs. This can become difficult to manage — when using the Drops platform, it’s important that you’re always on top of your game. Viewing accurate price estimates is also critical to ensure you’re getting the most up-to-date information.
To make things easier and smoother for our community members, we’ve entered into a strategic partnership with the team at NFTBank, a comprehensive portfolio management platform built for NFTs.
Check out more about what this exciting collaboration means for our platforms moving forward.
As a first step, Drops will be adding NFTBank’s floor price feeds to our Chainlink nodes, making the oracle more robust and resilient.
From there on out, we’ll be working with their team to integrate NFT loans tracking from our platform, amongst other implementations to benefit our community members. Drops users will be able to leverage NFTBank’s user interface and management system to view and track their entire portfolio across all connected wallets.
On top of this, users will be able to benefit from and leverage NFTBank’s price estimates for Drops NFTs. This means consistently accurate, up-to-date information on floor/listing prices, estimated prices, whether assets are over or underpriced, and much more.
Additionally, users will be able to use the NFTBank interface to check their wallet contents and access key insight data such as your, ROI, inventory value, activity logs, financial statements, and other activities relating to your NFT assets deposited on Drops.
Darius Kozlovskis, Founder & CEO of Drops, said:
“We’re incredibly excited to be integrating with NFTBank. Their platform and clean UI will allow our users to always have access to the data and insights they need surrounding their NFTs on Drops. Our goal is to always make things easier for our community — with this partnership, mission accomplished.”
The platform also offers other important and useful features, such as viewing underpriced listings for over 1,900 NFT collections, tax management for NFT assets and ERC-20 transactions, and more.
Daniel Kim, Founder & CEO of NFTBank, said:
“Our partnership with Drops is just the beginning of something very special. The utility their platform provides NFT holders is unique and exciting, so we’re thrilled to be working with their team and look forward to leveraging our infrastructure and tech to also bring more users to the NFTBank and Drops ecosystems alike.”
On top of all this, Drops users will be able to use the NFTBank mobile app to manage their portfolios on the go. Take control of your assets and keep active with the insights you need, 24/7.
What the Future Holds
The Drops integration with NFTBank gives NFT and DeFi users on our platform a birds-eye view of their portfolios, solving a huge unmet need in the crypto space.
This partnership marks yet another step towards empowering our community and giving them all the tech they need to become more comfortable and empowered when using our platform. There’s much more in store for this partnership down the line, so stay tuned!
About Drops DAO
Drops DAO provides loans for NFT and DeFi assets, supplying them with much-needed utility.
The protocol uses lending pools that enable any type of NFT asset to be used as collateral — from collectibles and metaverse items to financial NFTs. Users can leverage their idle NFTs and DeFi tokens to obtain loans and earn extra yield.
NFTBank is an unrivaled all-in-one solution for managing NFTs, including portfolio management, market insights, tax filing, and other services across different wallets and blockchains. NFTBank is powered by its in-house price prediction model that uses historical sales data and NFT metadata to accurately predict the market value of individual NFTs. NFTBank continues to build tools that empower NFT investors, builders, DAOs, guild managers, and scholars.