2.2. How Does TrustNFT Work?

The purpose of TrustNFT is to accurately evaluate NFTs and secure them as collateral. When an NFT owner wants to evaluate an NFT using the TrustNFT Evaluation Machine, all they have to do is choose one or a few of their NFTs and the platform will evaluate the maximum borrow limit for the asset(s). If the user agrees to this loan term and LTM, the asset is locked in a TrustNFT smart contract until the loan is completely repaid.