Description

Double Protocol is a fully decentralized and open-source NFT rental protocol and marketplace for Metaverse and GameFi assets. It utilizes the EIP-4907 NFT standard, which means that the ownership and usage rights of an NFT can be separated. This means that NFT owners can easily rent out their unused NFTs to earn passive income, while retaining full ownership of the NFT. After the agreed rental period expires, the owner again has full usage rights over the asset. It also allows users who otherwise might be priced out of high value NFTs to make use of them to engage in games or take advantage of opportunities within the metaverse.

Information

Category
Metaverse, NFT Enabled
Network
ethereum
Token
Status
Active

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