> For the complete documentation index, see [llms.txt](https://illiquidlabs.gitbook.io/illiquid-labs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://illiquidlabs.gitbook.io/illiquid-labs/illiquid-labs-litepaper/introduction.md).

# Introduction

<figure><img src="/files/SI00FpCRS0LyABFrB8gj" alt=""><figcaption></figcaption></figure>

The NFT ecosystem on Terra and Cosmos may be in its infancy, but we see its explosive growth potential. Illiquid Labs aims to support creators and collectors - building simple solutions to  problems we all face in this developing NFT space. \
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The initial product will consist of a **peer to peer trading platform**, allowing for safe, trustless swaps of multiple or singular NFTs across various collections. Open your listings up to everyone to receive counteroffers, or make them private, and visible only to traders you have whitelisted!&#x20;

The upcoming **NFT Raffles** and **NFT Collateralised peer to peer Loans,** will provide new options for NFT owners looking for liquidity. And the **token multisender** will ease migration of NFT collections among wallets and enable NFT projects to carry out airdrops without reliance on developer help.

The End Goal is creation of a self-sustainable hub, able to respond to the needs of the space, following community submissions for tooling development, and expanding across the IBC chains to connect Cosmos NFT ecosystems.\
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**Connect with us and share your feedback:**

* <img src="/files/uy0tGwbELvRERZd58fWC" alt="" data-size="line">Our dApp:  [https://illiquidlabs.io](https://app.illiquidlabs.io/)
* <img src="/files/ZMi4NEQ2B1c76xg1a9a9" alt="" data-size="line">Twitter: <https://twitter.com/illiquid_labs>
* <img src="/files/KhBl2YuxiBFJDRbgVPhn" alt="" data-size="line">Discord:  <https://discord.com/invite/K4P5AKugpg>

### Overview of Features:

{% tabs %}
{% tab title="P2P trading & NFT swaps" %}

* <mark style="color:blue;">This feature is live - try it out</mark>[ <mark style="color:blue;">**here**</mark>](https://app.illiquidlabs.io/) <mark style="color:blue;">or follow the link below for a tutorial!</mark>
* Create trade offers of single NFTs or bundles visible to all users, receive counteroffers; accept, refuse, barter and comment to communicate with peers.
* Add liquid assets to NFT trades or list for sale in any asset you want (all CW20 tokens - sell your NFTs for pLUNA, ANC, bLUNA and more)
* Whitelist wallets to trade with you exclusively, send links to invite to safe private trades

{% content-ref url="/pages/No0v7XfilnW5bOpaPpkh" %}
[P2P Trading & Swaps](/illiquid-labs/illiquid-labs-platform/p2p-trading-and-swaps.md)
{% endcontent-ref %}
{% endtab %}

{% tab title="Raffles" %}

* <mark style="color:blue;">Coming soon!</mark>
* A new way to "sell" your NFTs - organise a raffle!
* Sell/Buy raffle tickets in a range of CW20 tokens for a chance to win an NFT
* All raffles are conducted via our unique randomised draw, to make sure no raffles can be fixed by an NFT holder.
  {% endtab %}

{% tab title="NFT loans" %}

* <mark style="color:blue;">Coming soon!</mark>
* Open market connecting loan requests and loan offers peer to peer
* Looking for a loan? Create loan requests - indicate your NFT collateral, capital you are looking to borrow ($LUNA) & maximum APR you are willing to pay.&#x20;
* Looking to loan you capital out? Respond to loan requests and loan your capital out - earn fees from borrowers or receive their NFT at massive discount if they default.
* Roadmap: Automated lending pools with fixed APR - with no need for peer searching.&#x20;

{% content-ref url="/pages/9eD9jKY5nfT8O3GUPvoN" %}
[Broken mention](broken://pages/9eD9jKY5nfT8O3GUPvoN)
{% endcontent-ref %}
{% endtab %}

{% tab title="Multisender" %}

* <mark style="color:blue;">Coming soon!</mark>
* Quickly migrate your entire collection or chosen NFTs to another wallet
* Perform airdrops of single or multiple NFTs to a list of addresses (CSV file support)
  {% endtab %}
  {% endtabs %}
