MCH Verse: Partnership with Double Protocol to integrate NFT Rental

Orangechem
MCH | My Crypto Heroes
2 min readJan 2, 2023

MCH Verse has partnered with NFT rental marketplace Double Protocol. We will support all the game publishers which release blockchain game on MCH Verse to integrate the protocol. Please contact us to get more info if you are interested in the integration.

This integration is made possible by leveraging the ERC-4907 token standard; an extension to the ERC-721 custom-built by the team behind Double Protocol. ERC-4907 enables collateral-less renting, therefore, renters will be able to leverage Double Protocol to rent your NFTs and leverage its utilities without putting up collateral.

About Double Protocol

Double Protocol is an NFT rental platform developed by the same team behind ERC-4907. Double Protocol enables the lending and renting of in-game and in-metaverse NFTs. The protocol is on a mission to deliver a revolutionary NFT rental platform that seamlessly connects NFT owners to prospective NFT renters who wish to leverage these assets for a limited time.

By deploying ERC-4907, Double Protocol is unique in its rental approach by ensuring that NFT ownership rights are separated from usage rights. This concept addresses the challenges associated with some rental services and distinguishes Double Protocol from other rental protocols.

In addition to the existing core products, Double Protocol also offers Web3 Domain Subscription. This service enables ENS domain holders to list and monetize their ENS names by letting other users subscribe to a subdomain name for an agreed fee for a specific period.

Double Protocol is backed by well-known partners and industry heavyweights, including Matrixport, Shima Capital, Youbi Capital, LucidBlue Ventures, Red Building Capital, Capital 6 Eagle, and Plancker DAO, Steve Guo from Loopring, Tony Gu from NGC Ventures, and Mr. Block.

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The time, money, and passion you spent on games will become your assets.

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