Discover, rent and list your NFT on the best marketplace
Context
We are all aware that the Metaverse is becoming increasingly popular, and that many large corporations are entering the market right now. Similarly to the actual world, there are numerous types of NFTs ranging from art to real estate. The distinction is that in the actual world, you can list and rent your property, but not in the Metaverse.
Problem
The problem is that you can't actually rent an NFT, so it doesn't work like it does in the real world, where you can rent an apartment in Chicago for a few months and then go to LA and rent one there without having to buy two or more properties. Right now, NFT users have a couple of options. First, you can transfer your ownership to another person or company who will guarantee to refund your NFT. If the tenant does not return an NFT on time, you will only receive collateral and your NFT is lost. And if the company goes bankrupt, all NFTs will be lost. Another alternative is to simply sell it, but what if you don't want to do so but still want to earn some profit from it?
Solution Our solution is Rental.io which is a unique smart contract that will interact with blockchain technology to enable the leasing of NFTs without any ownership transfer. You may now rent your NFT to anyone in the world with confidence! For a year, a month, a week, a day, or even an hour. NFT ownership is always yours, and no one may ever resell or claim it. Forget about collateral and make profit easily.
Rental.io demo video
Prototype Development
The prototype for the website was created using tools like Figma and Canva.
Shapes for the background were created using Pen tool, and different icons were used from other open source libraries.
Images were taken from OpenSea to show how would the final project look like if OpenSea users were connecting their account to this website.