The NFT`s Liquidity Solution

NFT Pawn King
3 min readJan 17


“The Queen Quest” NFT, powered by NFT Pawn King, is a unique, collectible 1:1 collection an innovative NFT`s utility that created and built on the XRP Ledger. The NFT Pawn King utilizes its native token, XRP and the NFT token, NPK to create a decentralized NFT based economy.

NFTs, or non-fungible tokens, have become increasingly popular in recent years as a way to represent digital assets such as artwork, videos, music, and collectibles. NFTs are unique as it can be authenticated and tracked on a blockchain, which means that the ownership and authenticity of an NFT can be easily verified.

The Queen Quest NFT

There are many different types of NFTs and NFT tokens available on the current market, each with their own characteristics and use cases. The Queen Quest NFT, however, is unique in the way of what it serves as the utility NFT for the NFT pawnshop. The NPK token itself can be used to purchase and sell NFTs as the currency on the platform along with its native token, the XRP. The NPK is the NFT token created on the XRP Ledger that will be used as the currency to pay the loans on the NFT Pawnshop powered by NFT Pawn King. NFT Pawn King is the cross blockchain NFT Pawnshop built on XRP Ledger that scheduled to be live on Q2 2023.

The Mechanism of Pawnshop

The Queen Quest NFTs with a total of 250 collectible 1:1 NFT is currently available for public minting (click here). It created and built on the XRP Ledger due to its fast transaction speeds and low fees. This makes it ideal for the NFT`s trading and the NFT pawnshop for swift and seamless transactions. Furthermore, the XRP Ledger is a highly secure decentralized platform, which ensures the safety and security of all transactions.

The NFT pawnshop by NFT Pawn King is designed to be simple and user-friendly. Borrowers can simply deposit their NFTs as collateral and receive a loan in NPK token. Once the loan is paid back, the NFTs then will be returned. This mechanism provides a unique solution for the liquidity issue in the NFTs ecosystem, allowing users to access the value of their NFTs without forfeiting the ownership of this digital assets.

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NFT Pawn King

A Cross Blockchain NFT Pawnshop Powered by XRP Ledger