# Why Peoples Reserve Bank

### Peoples Reserve Bank (PRB) delivers the world’s first real-world NFT marketplace.

![](https://4013470574-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MgqG608Anmo8iWoU0E-%2F-Mh0HWtyaFex97mF1hd-%2F-Mh0K7xgtwSBAAwXnmyB%2Fconnectd%20city%20with%20prb.jpeg?alt=media\&token=9d0fb5ce-a9dd-4c8a-8f44-68d9f8ebf2e6)

Up to this very moment, no alternative marketplace exists for real-world NFT assets such as[ real estate](https://docs.peoplesreservebank.com/prb-ecosystem/nft-marketplace/re-nft), [automobiles](https://docs.peoplesreservebank.com/prb-ecosystem/nft-marketplace/auto-nft), and [marine vessels](https://docs.peoplesreservebank.com/prb-ecosystem/nft-marketplace/marine-nft).

PRB is proud to usher in the next evolution of NFT smart contracts! 

PRB is a pioneer in building a blockchain and smart contract based ecosystem that offers financial services for traditional asset owners via NFT equity-backed stable coins and liquidity pools.

The innovative model and marketplace of PRB brings to We the People the best of both worlds – retaining 100% ownership of our real-world assets in the real economy while benefiting from the passive income generated by the claimed assets within the internet economy.

Claimed equity forms the Peoples Reserve. 

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The Peoples Reserve liquidity pool allows the trapped asset equity of the traditional economy to become free-to-earn liquidity within the PRB and DeFi ecosystem of the internet economy.
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The asset claiming and tokenization process is simple, secure, and a cost-efficient way of bridging traditional equity to DeFi liquidity.

The asset claims process is done after a few simple clicks and verifications; it’s risk-free and easy to earn! 

For borrowers - no hidden fees, no capital gains taxes, no credit checks. 

PRB allows borrowers to obtain affordable liquidity from the Peoples Reserve which is backed by the [fair market valuation](https://docs.peoplesreservebank.com/prb-ecosystem/fmv) of depositors’ NFT equity and secured by the[ PRB treasury](https://docs.peoplesreservebank.com/prb-ecosystem/treasury).

Transparency is guaranteed using blockchain technology, smart contracts and algorithmic processes executed by the [PRB blockchain oracle](https://docs.peoplesreservebank.com/prb-ecosystem/prb-oracle).