Thread by @emilianobonassi

We made it!

At @ETHLisbon me and @0xGiovanni kicked off Rentable (@rentableworld), the Renting Protocol for NFTs 🪐✨

Rent NFTs with no collateral at fraction of their market price 😉

Bringing efficiency on scarcity

A thread 🧵

1/

Metaverses and blockchain-based games often requires new users to own highly valued NFTs 💵

It limits the audience of these platforms since the high entry level price 🚧

NFTs usually remaining idle in the owner wallet hence underutilized in the platform 📉

2/

Rentable is a protocol which allows users to rent assets instead of borrowing them!

I.e. it enables users to open under (zero) collateralized loans by simply paying the borrowing interests ✨

It lowers the entry barrier, safely generate yield, and provide royalties 🤝

3/

TL;DR Rentable brings capital efficiency without diluting supply, lowering entry barrier for users and increasing platforms utilization 🚀

A win-win-win solution for renters, owners and platforms 😎

4/

Example use cases:

- Games @AxieInfinity @SorareHQ

- Metaverse lands and items @decentraland @TheSandboxGame

- Social Status Renting, @larvalabs CryptoPunks, Meebits...

- etc… (Token Gated Communities)

5/

The Tech? Well crafted wrappers 😉

Read more at page 10 and in the phase 2 thread

docs.google.com/presentation/d…

https://twitter.com/emilianobonassi/status/1441422893447929865?s=20

6/

User Benefits 👇

Renters, rent NFTs at a fraction of their price

Owners, put NTFs to work, earn passive income. Use rental agreements as collateral to obtain rent advance e.g. @BunchyProtocol

And...

7/

Platforms and Creators:

1. Reduce engineering efforts to add renting

2. The Rentable Marketplace dApp enables user to rent and discover new assets, broadening the audience

3. Make additional profits by earning royalties on your NFT collections on each new rental

8/

It's already working (on testnet), watch how is easy! 😎

9/

We know you like alpha, join Rentable at

alpha.rentable.world

To enter

1. RT the first tweet of the thread
2. Join the community discord.gg/R6mB6G8c2g 3. DM @rentableworld a new address on Rinkeby, we send you some ETH and drop NFTs to play

discord.gg/R6mB6G8c2g