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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On this page
  • Overview
  • Roles
  • NFT Owners
  • Two Renting Modes
  • Why become an NFT Owner on RentFun?
  • Payment Types
  • Renters
  • Fees

Marketplace

Uncollateralized, Permissionless and Safe.

Overview

RentFun’s marketplace is aimed at providing a safe and uncollateralized renting service for the NFT owners and renters.

Roles

There are mainly 4 roles as follows in RentFun's marketplace: 1) Renters, who rents NFTs on RentFun. 2)NFT Owners, who lends out NFTs on RentFun. 3)NFT Issuers, who issues the original NFTs, like games, metaverses and NFT creators, etc. 4)Guilds, who manage scholars to play games.

NFT Owners

The NFT owners are the ones who lend out their NFTs to renters. They could easily list the NFTs they own on the RentFun marketplace to lend out.

Two Renting Modes

There will be two main modes for the NFT owners to lend out the NFTs:

  • Public Mode. The NFTs listed by the owners will be rentable for all the potential users on RentFun platform. Anyone interested will have the chance to rent it.

  • Private Mode. In Private Mode, the NFT owners can choose to rent the NFTs to the whitelist addresses. The users who are not on the whitelist will not be able to rent.

Why become an NFT Owner on RentFun?

  • Get passive income from the NFT held.

  • Have the chance to win rewards sharing from the renters who are operating the NFTs, in order to win rewards in the games.

  • The NFTs are in full custody of the owner.

Payment Types

The NFT Owners can also choose 2 different scheme to charge the rental fees from the renters:

  • Fixed payment - By choosing this type of rental fees, the renters will pre-pay all the rental fees once for all.

  • Reward Sharing - By choosing this type of rental fees, the renters will pre-pay no rental fees previously, and the Lenders will charge a certain percentage from the rewards earned by the renters on utilizing the NFTs owned by Lenders. Under this model, the NFT issuer has to support the user to log in with a contract address.

Renters

The Renters are users who pay the rental fees to rent the NFT usage rights from the Lenders.

Why become an NFT Renter on RentFun?

  • Rent the original NFTs instead of the wrapped NFTs.

  • Have the same rights and privileges as the NFT owners by only paying a fraction of the costs.

  • Earn rewards from the games without bearing the fluctuation risks of NFT price.

Fees

The only fee charged by RentFun is the commissions from the NFT owners' total earnings on RentFun. RentFun will charge about 5% of the NFT Owners' earnings as commission. For the renters, there will be no charge of any commission.

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Last updated 1 year ago