Drops is a new generation of DeFi platforms that are looking to bring more utility into the crypto ecosystem. In short, Drops DAO lets its users generate additional income from NFTs and DeFi assets, which otherwise generate no income while parked in the wallet. They can be used to borrow funds or earn returns by lending the funds to others.
For now, most NFTs have very little utility while they're parked in the wallet. Users hold on to them for months or even years, hoping to sell them at a higher cost in the future. During that time, they generate no income. Drops DAO solves that by giving liquidity to those NFTs.
Drops DAO (drops.co) provides a lending platform for metaverse NFTs. It aims to disrupt lending markets and blur the lines between digital and physical assets.