NFT rental methods
The two methods for renting NFTs on NFTDeal are "Collateralized Renting" and "Collateral-Free Renting."
Here's how they differ:
Collateral-Free Renting: With this method, the renter does not incur any costs or collateral obligations. However, it is not possible to sell the rented NFT. It provides a more accessible option for individuals who want to experience owning an NFT without making a financial commitment.
Collateralized Renting: In this method, the renter is required to provide a certain collateral fee, but they have the ability to sell the rented NFT. It allows individuals to enjoy the benefits of owning an NFT while still having the option to monetize it through selling.
These two methods offer flexibility and cater to different preferences and circumstances of individuals interested in renting NFTs on NFTDeal.
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