Autoglyph NFT Secures Major USDC Loan on GONDI

**XCOPY's Gobble Edition Receives Favorable Loan Terms** A 1/15 edition of *Gobble* by XCOPY, released in September 2020, originated a 20,000 USDC loan on GONDI with notably favorable terms: - **Loan amount:** 20,000 USDC - **APR:** 13% effective rate - **Duration:** 90 days The relatively low interest rate reflects a conservative loan-to-value ratio, indicating strong collateral positioning. **Recent GONDI Activity** This loan follows consistent market activity on the platform: - Art Blocks pieces (Quine #410, Ringers #399, Gazers #457) sold between 3.33-6.70 ETH - Autoglyph #448 sold for 47 ETH ($142,000) GONDI continues to provide liquidity for premium NFT collections including CryptoPunks, XCOPY works, Bored Ape Yacht Club, and Pudgy Penguins, offering fixed-term loans without oracle-based liquidations.

GONDI has integrated Crypto Skulls, a 10,000-piece PFP collection from 2019, following community requests. **Key Features:** - Users can now borrow and lend against Crypto Skulls using USDC or ETH - Full buying and selling functionality available on the platform - Adds to GONDI's growing roster of supported NFT collections The integration expands GONDI's NFT lending marketplace, allowing holders of this legacy collection to access liquidity through their digital assets.

**Sam Spratt's *Simplified Encryption* sold for 400,000 USDC** through a purchase bundler arrangement that included financing. **Deal Structure:** - Sale price: 400,000 USDC - Loan amount: 180,000 USDC - Duration: 1 year - APR: 16% - Origination fee: 8,862 USDC The transaction demonstrates how NFT buyers are using lending protocols to finance high-value art purchases, allowing collectors to acquire pieces without full upfront capital.

A notable NFT swap occurred on the Gondi platform involving Quine digital collectibles. **Trade Details:** - Quine #49 plus 3.80 WETH exchanged for Quine #110 - Quine #110 is one of only 15 "Perfect Quine" pieces in existence This transaction highlights continued activity in the rare Quine collection, which features algorithmically generated art with unique mathematical properties. The trade structure demonstrates Gondi's peer-to-peer NFT exchange capabilities beyond traditional lending.

**NODE's recent weekend event** has been celebrated as a transformative moment for digital art, bringing together the community to explore new frontiers in networked artistic expression. **Key highlights:** - The event showcased the concept of "networked art" - art that exists and evolves through digital networks - Industry participants, including NFTfi team members, recognized the weekend as a historic milestone - The gathering emphasized art's potential to transcend traditional museum boundaries **Looking forward:** The community expressed commitment to supporting NODE's mission of pushing digital art into unexplored territory, with continued collaboration expected in the space.