With NFT rentals, borrowers pay a fee to gain access to an NFT for a specified time period. The borrower typically needs to put up some collateral, although some projects are experimenting with non-collateralized renting. NFT rental is particularly interesting for NFTs that have demand for their utility, such as game assets, virtual land, or membership passes. reNFT and UnitBox DAO are two examples of NFT rental platforms.
