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Double Protocol

Double Protocol is a decentralized NFT rental protocol for blockchain games and metaverses, with unique use cases for NFT finance. It is on a mission to deliver a revolutionary NFT rental platform that seamlessly connects NFT owners with prospective renters who wish to leverage these assets for a limited time. By deploying ERC-4907, Double Protocol is unique in its rental approach, as it ensures that NFT ownership rights are separated from usage rights.

What is Double Protocol?

Double Protocol is a decentralized NFT rental platform that enables the lending and renting of utility NFTs, such as in-game assets and metaverse items. It aims to unlock the liquidity of NFTs by allowing users to rent them without transferring ownership.

How Does Double Protocol Work?

Double Protocol utilizes the ERC-4907 token standard, which introduces dual roles of 'owner' and 'user' at the token standard layer. This allows NFT projects to adopt the standard by adding a few lines of code to check whether an address is the current valid user or the owner, making NFTs rentable by default.

What Makes Double Protocol Unique?

Double Protocol's unique features include the implementation of the ERC-4907 standard, which simplifies NFT rentals by separating ownership and usage rights. This approach reduces integration costs for utility NFT leases in games, metaverses, and other sectors, thereby enhancing liquidity and accessibility.

Who Are the Founders of Double Protocol?

Double Protocol was founded in 2019 by Shrug Newton. The team raised $1.5 million in a seed round in March 2022 and is backed by a total of 12 investors.

Latest News

What Key Events Have There Been for Double Protocol?

Significant milestones for Double Protocol include the finalization of the ERC-4907 token standard in June 2022, partnerships with various blockchain ecosystems, and the integration of NFT rental features for multiple partners.

Project Announcements

In 2022, Double Protocol achieved several milestones, including the finalization of the ERC-4907 token standard, partnerships with multiple blockchain ecosystems, and integration of NFT rental features for various partners.

Upcoming Events

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Projects Announcements

Where to Buy Double Protocol?

Double Protocol's token is available for trading on Bitget's centralized exchange.

Double Protocol Price

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FAQ

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.