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NFT finance Leveraging Non-Fungible Tokens

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NFT finance Leveraging Non-Fungible Tokens ( nft-finance-leveraging-non-fungible-tokens )

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• Overall reaction: for this metric they were asked questions such as "What are your initial thoughts?" and this led to a conversation starter in which users not only expressed what they liked but also started asking questions about what they found confusing. Overall the feedback was positive, the platform being described as "something needed in the Crypto World" and that is looks "very good" and "useful". Some of the participants think it is also addressing a "very good market" with a lot of potential to grow. On the other hand, one of the participants had very basic financial knowledge and was not familiar with the difference between leasing and lending so he ini- tially found the platform "confusing", even though the UI was straigthforward to use. This will be addressed in a future iteration of the platform. The participants have also asked questions about the gas fees and confirmed that lower gas fees would be adequate since the leasing feature would be ad- dressed at users who want to save Ether by not owning an asset outright. For this metric, the initial reaction has been good and the use case deemed as a good addition to DeFi and NFTs. • Perceived usefulness: the aim of this metric was to measure if the features of the platform can be useful for potential users. More importantly, finding what they liked about the demo, as well as areas of the platform that need improvement. Example of questions asked are: "What feature do you find most useful and why?" or "What was confusing?". The common opinion observed was that gaming users would find the leasing feature more useful, whereas DeFi users would be more interested in lending and speculating the prices of the NFTs. The participants were encouraged to also provide negative feedback and the answers enforced our previous findings. There might be users who are unfa- miliar with financial concepts and our target users would be gaming users in the beginning, therefore it could be better to simplify the terms and provide more guidance to new users. Another good point made by one of the participants is that there could be two types of interfaces: – Basic: for new users who no not need access to complex functionality. – Advanced: for users who are more familiar with financial instruments and require more sophisticated features. • Perceived ease of use: the focus for this metric was the user experience. This gave insight about the UI and example of questions asked are: "What was your overall impression about the UI?" or "What could be improved about the UI?". The answers were that it is "simple", but "easy to use" and "very clear". However, some participants have stressed that it might be too "basic" and "lack guidance" for some of the features. 65

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