Game Space Announces Compatibility with EIP-4907 Protocol Plan, Will Launch Rentable in-game NFTs

On July 4, Game Space, the first GameFi as a Service platform on the entire network, announced that it’ll be compatible with the EIP-4907 protocol and will launch rentable in-game NFTs.

It is reported that the “ERC-4907” protocol separates NFT ownership and use right through the setting of dual roles, and pioneered the automatic withdrawal of use right upon expiration. The application of the “ERC-4907” will greatly reduce the development and integration costs of utility NFT leases for games, metaverses, and membership cards, making NFT assets more liquid.

According to Game Space CEO Michael, as the first GameFi as a Service platform on the entire network, Game Space provides an SDK that enables games or apps to have the same blockchain functions as StepN, including mystery boxes, auctions, airdrops and other full-featured primary market issuance functions, as well as secondary functions, including market trading, leasing etc., in a minimum of 7 days.

It is reported that Game Space provides Gaas (GameFi as a Service) services , both centralized and decentralized versions, for top blockchain games. After being compatible with the EIP-4907 protocol, Game Space will launch leaseable in-game NFTs in the future, enabling both the centralized version and the decentralized version of our Gaas services to support the secondary market rental function.