Why we started BullvBear ?

Since the NFT summer, the NFT-Fi space has been booming. First, marketplaces, then aggregators, lenders, fractionalisation protocols, pricing services and now derivatives.

Do we really need all of that ?

NFTs #1 use case shouldn’t be speculation. But speculation, new financial primitives and services are absolutely critical to make the market efficient.

Ultimately NFTs should serve creators to fund projects and rewards contributors, and collectors to access exclusive communities, services, products, while getting some of the upside being there early.

For more creators and collectors to join the space, the market needs to be more robust. During NFT summer everything was going up, driving billions of dollars in investment from collectors to fund new projects.

But as soon as the prices start to go down, volume and liquidity crash, as well as the number of new projects. This ultra-high volatility is blocking new entrants to onboard the space.

The liquidity issue could be solved with a strong ecosystem of pro traders and market makers. But right now, their strategies are limited to buying and selling NFTs on spot marketplaces.

They need a better tooling and derivatives, especially options, are the obvious next steps.

Obvious but not that simple. Options are complex to understand and complex to use. And options are NGMI in the space without a very heavy lifting. NFT traders need them but they are not ready to handle what comes with them - expiration dates, premium, collateral and strike prices.

Good news, we worked super hard in the past 6 months to ship the simplest NFT option product possible. And here it is.