Distinguishing Ownership from Usage! Web3 software development company Thirdweb integrates the rentable NFT standard ERC-4907
Official announcement: Web3 software development company Thirdweb has officially integrated the rentable NFT standard "ERC-4907." Developers can now deploy rentable NFTs quickly without writing any code, significantly boosting the adoption rate of the "ERC-4907" standard.
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Official announcement, Web3 software development company Thirdweb has formally integrated the rentable NFT standard "ERC-4907," allowing developers to deploy rentable NFTs quickly without writing any code, significantly boosting the adoption rate of the "ERC-4907" standard.
"ERC-4907" was introduced by Double Protocol and officially became Ethereum's 30th standard on June 29th. This standard implements the separation of ownership and usage rights of NFTs, as well as an automatic revocation feature for expired usage rights.
ERC-4907 brings interesting applications such as:
- Renting NFTs in video games
- Temporary membership in token-certified clubs
- Temporary usage rights for token-certified software
- Using NFTs as collateral for loans
- NFTs serving as certificates for real-world rentable assets
Additional NFT rental use cases
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