NFT Lending's Potential with Arcade Founder, Gabe Frank | Overpriced JPEGs #40

✨ SUBSCRIBE TO THE OVERPRICED JPEGS CHANNEL ✨ https://bankless.cc/jpegs  On this episode of Overpriced JPEGs, Carly sits down (in person for NFT NYC!) with Gabe Frank, Founder and CEO of Arcade—a liquidity protocol for NFT collateral. Gabe comes from a family that owns a chain of pawn shops and attributes this experience to his interest in loans collateralized with non-fungible physical assets. Mix in his crypto experience at BitGo and Curve and you get Arcade! How does Arcade work? What does the current state of regulation look like? How does the future of Arcade and the NFT lending market play out? Answers to these questions and so much more in the episode! ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://jpegs.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: https://availableon.com/overpricedjpegs  ------ BANKLESS SPONSOR TOOLS: 🦊 METAMASK | THE CRYPTO WALLET https://bankless.cc/metamask  🔐 LEDGER | NANO S PLUS WALLET https://bankless.cc/Ledger  🖼 RARIBLE | MULTI-CHAIN COMMUNITY NFT https://bankless.cc/Rarible  ⚜️ GILDED | THE NFT TOOLKIT https://bankless.cc/Gilded  ------ Timestamps: 0:00 Intro 1:20 Arcade Use Case 9:38 The Back-end of Arcade 10:50 Smart Contracts & Human Empathy 13:08 Term Loans & Price Determination 20:26 Bear Market Uptick in Defaults? 22:05 Arcade History & Market Size 28:30 Current State of Regulations 30:10 Arcade's Competitive Advantage 31:30 The Importance of Digital Lending 38:10 Institutional Capital & KYC 42:15 Arcade to Eventually Become a Lender? 45:07 Expanding to Other Chains 49:42 Smart Contract Decentralization 51:11 Pawn Shop Takeaways 58:44 Why Arcade? ------ Resources: Gabe Frank https://twitter.com/stanleycrup  Arcade https://twitter.com/arcade_xyz  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures