# nftfi - Web3 Case Study by BootNode

> NFT collateralized lending marketplace where you may use your NFT assets as collateral for a loan or lend to other users.

- **Page:** https://www.bootnode.dev/web3-case-study/nftfi-NFT-collateralized-lending-marketplace/
- **Live:** https://nftfi.com/

## Challenge

After validating product-market fit with an MVP, the NFTfi team needed expert support to expedite the development of the next version.

## Solution

BootNode's Solidity and dApp engineers helped design and develop NFTfi v2 and improved v1 during four months while v2 was under development. Our BA and PM helped coordinate a rapidly growing team and set a sound foundation for management processes.

## Contributions

BootNode's Solidity and dApp engineers helped design and develop NFTfi v2 and improved v1 while v2 was under development. BA and PM helped coordinate a rapidly growing team and set a sound foundation for management processes.

While the Business team contributed with connections to valuable stakeholders and helped to shape the protocol's token mechanics.

## Outcome

V2 was built in record time, giving the team the time to add several extra features and run experiments proposed by BootNode. Some experiments proved to be a unique competitive advantage in the future.

The dApp was upgraded and re-architected to support v2 without significant user-facing changes.

Valuable know-how on software development processes and organization-wide best practices were transferred.

## Client Testimonials

> "Working with BootNode was key to us rolling out v2 of our protocol. The team is extremely experienced with a broad skillset. What's even more impressive is that since they are also investors in the projects they work with they are laser-focused on producing maximum value at all times. Having them on the cap table was one of the best decisions we made."
>
> -- Stephen Young, Founder and CEO at NFTfi

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Part of [BootNode Case Studies](https://www.bootnode.dev/case-studies)
For company overview: https://www.bootnode.dev/llms.txt