Cometh Battle Rental feature is LIVE 💫
During the last few months, we’ve been teasing a lot about all Cometh tools and features. From Cometh Marketplace to Card Crafting and the long awaited Rental System. This one is finally functional and operational, starting on July 18th !
Let’s dig into all the benefits and features of the Rental System!
We wanted to create a simple and flexible system for the owner, the tenant, and the guild manager, with easy access and full flexibility on the modalities of the rental offer (such as content, duration of rental, entry fees, profit distribution).
Cometh Rental which is a decentralized and open-source NFT rental protocol, is a very smart solution that helps lower down the barrier to entry for all players and enhance NFT’s utility for spaceship holders.
What’s in it for Spaceship holders?
- Renting augments the utility of Spaceship NFT’s by allowing their owners to generate passive in-game rewards. This marks the end of idle spaceships!
- No transaction cost is required when creating an offer as protocols work with off-chain signing and on-chain settlement.
- Owners can create rental bundles with multiple NFTs, define a rental duration and profit distribution of their choice, and manage (automatically pursue or manually end) rentals through the platform: Rental Marketplace.
- Owners keep their spaceship NFTs in their wallet and can continue to use them as long as the rental offer has not started.
- Owners can also assign a rental to a wallet (Assigned offer) instead of listing a Public Offer on the Marketplace.
IMPORTANT NOTE: Please make sure that your spaceship is no longer in the Cometh V1 Galaxy but in your wallet. If it is not the case, unfortunately, you will not be able to lend it, as well as playing with it.
What’s in it for Spaceship tenants?
- Spaceship Rental is an amazing feature that lowers the barrier of entry for all players. If you don’t have a spaceship NFT, it is no longer a problem. Just rent one and jump in the Play & Earn dimension of Cometh Battle.
- The beauty of the Rental system is that no collateral is required from the tenant, making it super simple and easy to access.
- Tenants rent on demand, and can start using their spaceship NFT as soon as it is rented, no need to wait!
- Automatic expiration simplifies experience when the renting ends.
- Last but not least, the rental system allows sub renting by design.
What’s in it for subtenants?
- Crew Members already renting from a lender a spaceship can hand it over to a subtenant in exchange for a share of their profit distribution. This may be because they no longer have time to fight, or because they rented several spaceships at once, or for other reasons.
- Subtenants can then fight with the spaceships for free, as there are no subtenant fees is required.
What’s in it for Guilds?
- Our Rental system was designed with guilds in mind.
- Guilds can easily manage their fleet of spaceships, taking advantage of the rental and subrental features for their scholars.
Note: Only tenants pay an entry fee set by the lenders. They are paid in MUST and you can get some by swapping MATICs on ComethSwap. If you don’t have MATICs, you will have to buy some with your credit card (or swap other crypto-currencies into MATICs).
That’s all for this Cometh Rental feature. Which is simply game changing and will give equal and fair opportunities to everyone.
See you in the space battlefields with your new spaceships! 🛸