NFTs represent proof of ownership of a digital or physical asset, on the blockchain. NFTs can represent digital assets such as images, videos, audio files, documents, or simply some data. NFTs can also act as proxies for physical assets such as real estate, consumer or industrial goods, or precious metals.
The media associated with NFTs, and other associated metadata, are stored off-chain in a decentralized storage network such as IPFS, but the link to this metadata is stored on-chain as part of the NFT.
Rental NFT features
Creating Contract
Create a rental contract on the chain for an NFT.
Revoking Contract
Revoke a running contract.
Cancelling Contract
Cancel a contract that is not running.
Renting
Rent an nft with automatic acceptance.
Making Rent Offer
Make an offer for an available contract with manual acceptance.
Accepting Rent Offer
Accept a rent offer for a manual acceptance contract.
Retracting Rent Offer
Retract a rent offer provided to a manual acceptance contract.
Changing Subscription Terms
Change the subscription terms for a subscription contract.
Accepting Subscription Terms
Accept the subscription terms for a subscription contract.