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Lending/ Borrowing
Lending allows players to lend their NFTs to different borrowers. This way, they will share the profits received when the players play the game.
NFTs can get more value while players hold them without any plans to sell or use them. After lending NFT, players remain the owners of it, but they cannot use it for trading or making transactions. Besides, the owners can request to take it back at anytime and receive it after 24 hours.
Borrowers mortgages an amount money as collateral for the NFT value determined by the owner. They use the rented NFT to play the game and share the profits from the game with the owners. The borrower can return the NFT at any time and get the collateral back.
Last modified 1yr ago