RentFun | Liquidity For NFT Utility
  • Introduction
  • Marketplace
    • Testnet Guide
  • Access Delegation Protocol
    • Three Models
    • Vault Account
  • Early Bird Program
  • Security Report
  • Tokenomics
  • Integrations
    • RentFun-JavaScript-SDK
      • Installation and Setup
      • Interfaces
      • Integration Steps
  • FAQ
    • General
    • Early Bird Program
    • WonderBird NFT
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  1. FAQ

General

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Last updated 2 years ago

  1. What is RentFun? RentFun is an NFT rental marketplace that allows users to rent original NFTs through the Access Delegation Protocol on Arbitrum.

  2. Why did we choose Arbitrum? Of all the current Layer 2 solutions, Arbitrum One and Nova are attracting the most number of games and NFT activities, particularly the rapidly growing Treasury game ecosystem. Also, Arbitrum's low gas fees could make the NFT renting much more financially sensible for renters.

  3. What is the fee structure? The only fee charged by RentFun is a commission on rental fees from Renters. For each rental transaction, RentFun will take a 2% commission from the Renter.

  4. When will the testnet be released? It is scheduled to launch around early Q2, stay tuned for the final announcement.

  5. Why should you use RentFun to rent NFTs? 1)Rent the original NFTs instead of the wrapped NFTs. 2)Have the same rights and privileges as the NFT owners by only paying a fraction of the costs. 3)Earn rewards from the games without bearing the fluctuation risks of NFT price.

  6. What is the RentFun Access Delegation Protocol (ADP)? The RentFun ADP version allows Owners to have complete control over their assets. The Owner's NFTs will be securely stored in a contract address. The Owner only needs to delegate the access rights of the NFTs within this contract address to the Renter, which grants the Renter access to the NFT issuer's project, such as games or the Metaverse. Read More:

  7. What is the roadmap? 2022 Q4 - Project Establishment 2023 Q1 - Official Website Launch 2023 Q1 - Development & Marketing Launch 2023 Q2 - Access Delegation Protocol Testnet Launch 2023 Q2 - Marketplace Testnet Release 2023 Q3 - Security Audit 2023 Q3 - Marketplace Mainnet Beta Launch 2023 Q4 - Eureka Club for RentFun SBT Holders Release

  8. What's the tokenomics? The RentFun ecosystem will be powered by the $RENT tokens and governed by the RentFun DAO. The $RENT tokenomics will be released when it is ready. (edited)

https://docs.rentfun.io/access-delegation-protocol