NFTRY; NFT Rental Platform. Awaken the sleeping NFTs, Seamlessly Rent and Explore.
Through NFTRY, you can temporarily lend your unused NFTs to those in need and generate income by receiving usage fees. You can collect fees in real-time. A deposit higher than the price of a NFT ensures the secure retrieval of it.
With NFTRY, users can experience and utilize NFTs without the need to purchase them directly. They can easily rent NFTs for a short period by paying a nominal fee. Upon return, borrowers can retrieve their entire deposit, except for a usage fee proportional to the duration of usage.
Temporary use of NFTs is impossible
You can't profit from unused NFTs unless you sell them.
1) [Lender] deposit an NFT.
- Submit a deposit (higher than the price), fixed fee, and usage fee per rental hour.
2) [Borrower] Deposit, and borrow the NFT.
- Fixed fee and usage fee per rental hour are automatically deducted from the deposit.
- Fixed fee is immediately deducted from the deposit.
3) [Lender] Claim rental fees in "real-time".
- Usage fees automatically deducted can be claimed by the lender at any time
4) [Borrower] Return the NFT, and retrieve deposit
- Upon returning the NFT, the borrower can get back the security deposit after deducting the usage fee.
❓Expensive Deposit
It is strongly recommended that the deposit be higher than the price, otherwise the borrower will sell the NFT on the marketplace as soon as he/she borrows it. (Of course, the lender also needs to take into account the increasing price of the NFT.) The deposit paid by the borrower can never be taken by the lender, except for the fixed fee and the usage fee proportional to the usage time. A high deposit is a factor for lenders to trust and lend NFTs. In exchange for the high deposit, the borrower may not be exposed to the price volatility of NFTs or losses in reselling.