5 Use Cases for Renting NFTs | Nick Vale @ reNFT

Nick’s experience across game development, crypto, and technology
opened his eyes to a missing key in the NFT
space—rental NFTs. In this episode, we’ll cover what rental
NFTs are, how they work, and why they’re important. Then we’ll
introduce you to five situations where rental NFTs will seriously
improve user experiences. 


This episode is part of our “WEB3 PODCASTS FOR BEGINNERS”
playlist on Spotify. If you're new to web3, click HERE and make
sure to hit the + button to add the playlist to your library. If
you find the playlist helpful or think we need to add other
episodes, please let us know on Twitter (link below).





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GUEST INFO


Name: Nick Vale


Personal Twitter: @nickev123 - https://twitter.com/nickev123


Business Twitter: @renftlabs - https://twitter.com/renftlabs


Website: https://www.renft.io/





TIME POINTS


0:00 - Intro


4:00 - Nick’s web3 rabbit hole story


6:20 - What was the web3 space like back in the day?


7:45 - What is reNFT?


10:45 - NFT rental use cases


13:33 - Use cases for renting gaming NFTs


19:15 - How do NFT rentals work?


28:25 - The future on NFT rentals


31:05 - Castle Crush NFT rentals


36:04 - Renting virtual land


41:58 - Subscriptions


48:51 - CryptoPunk rentals


53:10 - NFT rental space overview


57:00 - Speed round