Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => NFTs & Collectibles => Topic started by: martinnura on March 20, 2023, 06:53:50 AM

Title: Can I rent out my NFTs (Non-Fungible Tokens)?
Post by: martinnura on March 20, 2023, 06:53:50 AM
When it comes to NFT gaming marketplaces, a new user may want to test it out a few times before committing to the idea of owning an NFT. In this case, an existing user could rent out their NFTs for mutual gain. The new player would get an upgraded NFT and the user renting it out would also earn a passive income from the rental fee. The entire process is managed by smart contracts that ensure that the NFT is returned to the owner’s wallet once the rental period is completed.