Teller Finance: ‘Ape Now, Pay Later’ Feature for NFT Projects on Polygon

The non-fungible token (NFT) projects supported by Teller Finance include Bored Ape Yacht Club, Mutant Ape Yacht Club, Moonbirds, Doodles, Cool Cats, Azuki, Meebits, Adidas Originals: into the Metaverse, RTFKT-MNLTH, and Murakami. Teller Finance is a decentralized finance (DeFi) lending platform. Floral seeds “Ape Now, Pay Later” is Teller’s NFT BNLP service, based on the Polygon network. We’re proud to officially introduce the first dApp built on the Teller Protocol: https://t.co/3GB63FrMst With @ApeNowPayLater NFTs can be purchased with 25-50% down from the most popular NFT collections; including @coolcatsnft @BoredApeYC @doodles @MeebitsNFTs @moonbirds. — Teller (@useteller) July 7, 2022 Teller Finance Allows to Make Down Payment on NFTs Teller Finance satisfies the same itch that other companies, like Fractional, have scratched: enabling consumers to pay for pricey NFTs without forking over the $1,000 advertised price upfront. In contrast to Fractional, Teller Finance allows one person to make a down payment on an NFT and pay the remaining balance over time. Fractional “fractionalized” NFTs into smaller, cheaper sections that several individuals might buy. By paying only a percentage of the whole price upfront, BNLP enables users to own a product. The purchase is subsequently made in full over time by the buyer, frequently with interest, as is the case with the BNLP platform Klarna. NFTs Meet DeFi The rising wave of NFT-fo...