What are the benefits of renting NFTs?
Posted: 05 Oct 2022, 06:38
The whole reason behind the popularity of NFTs is that their ownership is immutable. While an increasing number of people would like to invest in NFTs, they may not be able to afford them, due to the high transaction cost. It is for precisely this kind of situation that NFT rentals exist. By renting an NFT, the buyer gets all the advantages of the NFT without the commitment of ownership. For the seller, a passive income is generated through the rental system. More and more NFT gaming marketplaces are allowing NFTs to be rented because of its decided benefits for both parties. NFTs can be rented through smart contracts which manage the rental period and return the NFT to the owner’s wallet on termination of the stipulated time. Talk about a win-win!
Check https://www.jump.trade/
Check https://www.jump.trade/