Double Protocol
NFT Rentals Made Easy!
NFT Rentals Made Easy!
Double Protocol is an NFT rental platform with the slogan "NFT Rentals Made Easy!" Founded in 2020 and headquartered in Singapore, it was the recipient of a Venture Round investment at 06 January 2022 from Infinity Ventures Crypto (IVC). The platform, developed by the team behind ERC-4907, facilitates the lending and renting of in-game and in-metaverse NFTs. It aims to revolutionize the NFT rental space by connecting NFT owners to prospective renters seeking temporary utilization of these assets.
Double Protocol's utilization of ERC-4907 is noteworthy as it separates NFT ownership rights from usage rights, setting it apart from other rental protocols. This unique approach addresses challenges associated with rental services. Additionally, the company offers Web3 Domain Subscription, allowing ENS domain holders to monetize their ENS names by offering subdomain subscriptions for a specified period in exchange for an agreed fee. With a focus on Fintech and Information Technology industries, Double Protocol is positioned to capitalize on the growing demand for NFT-related services in the market.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | Unknown | 1 |
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06 Jan 2022 |
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