CDS Collaboration Integrating the Double Protocol Set with Avalanche
Collaboration

Integrating the Double Protocol Set with Avalanche

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Integrating the Double Protocol Set with Avalanche

Avalanche, a lightning-fast layer one blockchain, and smart contract platform have integrated with Double Protocol. The Double Protocol ecosystem will experience growth on several fronts as a result of this integration with Avalanche as the need for NFT rental infrastructure adoption rises.

The ERC-4907 token standard, which was invented by the team behind Double Protocol, will now be substantially easier to deploy and integrate for the Avalanche ecosystem of builders with this integration. By designating an owner role and a user role, the dual role feature of the distinctive ERC-4907 alters the rules of NFT renting.

About the Double Protocol

The same group that created ERC-4907 also created Double Protocol, an NFT renting platform. In-game and in-metaverse NFTs can be lent and rented using the Double Protocol. The protocol’s goal is to create a groundbreaking NFT rental platform that connects NFT owners and potential NFT renters who are interested in using these assets temporarily.

About Avalanche

Avalanche is an open-source platform for building enterprise blockchain deployments and decentralized apps in a single, highly scalable ecosystem. The first decentralized smart contracts platform with nearly instantaneous transaction finality is called Avalanche. Avalanche is a platform that Ethereum developers can quickly build on because Solidity is ready to use.

References

www.smartliquidity.info

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lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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