Avalanche integration with Double Protocol will lead to developments and growth on the part of the Double Protocol ecosystem as the NFT rental infrastructure increases.
With this integration, the door will be opened for the Avalanche builders network to deploy and integrate the Double Protocol’s ERC-4907 token standard.
This property retains the NFT holder/landlord as owner and renter as a user, limiting the danger of holders holding up NFTs. ERC-4907 offers collateral-less NFT rentals, allowing customers economic access to NFT lands, PFPs, and in-game NFT assets.
This integration will open up a potentially wider area of integration between the Double Protocol and Avalanche-based projects. It makes it easier for Avalanche-based projects to launch NFT collections on the Double Protocol.
From the point of view of the Double Protocol, it is important that it connects with Avalanche as a layer 1 blockchain. Thanks to this connection, Double Protocol Avalanche will enable it to work with blockchain creators and expand the Double Protocol ecosystem.
About Double Protocol
Double Protocol allows lending and renting of in-game and metaverse NFTs. The protocol aims to create a groundbreaking NFT rental platform that connects owners and potential renters.
About Avanlanche
The Avalanche network is the blockchain industry’s fastest smart contracts platform digital asset. Avalanche is fast, low-cost and green. Any smart contract-enabled application can come into play in Avalanche, leaving its competition behind.
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