NFTs rental market

Hey @ChristianG ,

Mathijs here from Maven 11. Just wanted to chime in on your proposal to provide some context from our perspective.
As Marco and Bailey mentioned, facilitating an external-facing NFT renting platform is perhaps not the right timing this early phase of the project.
Although it’s a great idea with a clear value proposition, developing it will take a lot of developmental time and resources, which we’d argue could be better spent on the core activities of Merit (among which will be their solution for in-DAO-lending of NFTs to players).

Additionally, multiple different NFT lending platforms already exist that are at least tangentially related to your proposal. Perhaps partnering with these makes more sense building it out ourselves. Some of the current NFT lending platforms we see are;

  • NFTfi, allows users to take out NFT-collateralized loans (for transparency purposes, we’ve invested here)
  • reNFT and Pawn.fi, both similar to NFTfi

It would also be interesting to look into EIP-2615, which proposed a new ERC-2615 standard for rentable NFTs back in 2020 - although the development for this seemingly didn’t end up going anywhere. We would suggest that it would make more sense for Merit to either develop tech that is necessary to facilitate this sort of lending of NFTs held by the DAO to players.

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