Brock Pierce recently released the below video where he discusses his purchase of a million dollar house in Amsterdam with a help of a bitcoin-collateralized loan. Brock is an entrepreneur and venture capitalist with an extensive track record of investment and involvement in the digital and blockchain companies, including Block.one. He is heavily involved in the EOS community.
The loan was made available with the support of Nexo, a provider of instant crypto-backed loans that now offers EOS-based loans. Nexo has also recently been featured in this three-way comparison of crypto lenders along with BlockFi and Celsius Network. Nexo currently offers loans backed by the following extensive list of crypto assets:
Crypto-backed and traditional loans and micro-loans have been a hot topic of discussion lately with more and more projects jumping on the opportunity to make money in this fast-pacing market. Shopify, Amazon’s biggest e-commerce competitor, announced yesterday a roll-out of their version of micro-loaning:
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