Rental NFT

Ternoa provides you with many advanced NFT features. Not only creating an NFT can be done in just a few lines of code but we also cover many NFT advanced usecases: Ternoa allows you to easily create functions to rent, auctioned or even add secret to your NFTs without using any smart contracts.

What is Rental NFT?

NFTs represent proof of ownership on the blockchain. Renting is a powerful tool for the NFT owners to make more out of their NFTs. An NFT rental agreement is an on chain rental contract, between the owner of an NFT and a renter (usually called rentee) who will have a temporary access to the NFT properties, against a rent fee (an amount or an NFT).

Rental NFT features

Create Contract

Create a rental contract on the chain for an NFT.

Revoke Contract

Revoke a running contract.

Cancel Contract

Cancel a contract that is not running.

Rent

Rent an nft with automatic acceptance.

Make Rent Offer

Make an offer for an available contract with manual acceptance.

Accept Rent Offer

Accept a rent offer for manual acceptance contract.

Retract Rent Offer

Retract a rent offer provided to a manual acceptance contract.

Change Subscription Terms

Change the subscription terms for a subscription contract.

Accept Subscription Terms

Accept the subscription terms for a subscription contract.