❔FAQ

What are the benefits of renting NFTs?

One of the benefits of renting NFTs is that it allows for greater flexibility and accessibility for renters who may not have the resources to purchase an NFT outright. Renting also allows NFT owners to earn revenue without giving up ownership of their assets. Additionally, renting can help lower the entry barrier for new buyers interested in NFTs who are not yet ready to purchase one.

How can I trust RNTD?

The platform operates using a fully on-chain and collateral-free protocol, providing transparency and security through the use of smart contracts.

What is collateral-free NFT Renting?

Collateral-free NFT renting is a system in which a person can rent an NFT without providing any collateral or security deposit. Instead, the renter pays a rental fee upfront, and the smart contract automatically enforces the terms of the rental.

How can I try the renting protocol of RNTD?

To try the renting protocol of RNTD, you can visit the platform's website and browse the available NFTs for rent. Once you have found an NFT you are interested in renting, you can follow the platform's rental process to complete the transaction.

What is the RNTD smart contract wallet?

RNTD rental smart contract wallets are a key feature of the RNTD platform, which allows for trustless NFT rentals on the Ethereum network. These smart contract wallets are generated by the RNTD Router and are used to hold the rented NFT during the rental period.

RNTD Smart Contract

Why is wrapped-NFT bad for NFT renting?

Wrapped NFTs can be problematic for NFT renting because they are not always directly tied to the original NFT, leading to potential issues with authenticity and value.

RNTD does not use wrapped NFTs for renting.

Why is collateral renting bad for NFT renting?

Collateral renting can be problematic for NFT renting because it requires the renter to provide collateral or a security deposit, which may be a barrier for some potential renters. Additionally, collateral renting can be more complicated and time-consuming than collateral-free renting.

RNTD is a collateral-free protocol.

Can renters sell or transfer my NFT after they rent them?

No, renters cannot sell or transfer your NFT after they rent it. The terms of the rental agreement are agreed upon by both the owner and the renter and are enforced by the smart contract.

How is the NFT price determined?

The owner of the NFT determines the NFT price. The owner sets the rental fee for their NFT, and renters can choose whether or not to accept that price.

If I’m a project owner, how can I monetize my project with RNTD?

As a project owner, you can monetize your project by listing your NFT on RNTD for rent. This allows you to earn revenue from your NFT without giving up ownership. Additionally, you can promote your project through RNTD's platform and reach a wider audience. If you sign an agreement with us, you can get a percentage for each NFT rented under your NFT contract.