Seamlessly lend NFTs and earn interest while holding! In Kingdomly, we allow crypto enthusiasts the opportunity to access new experiences without making the commitment to a full price purchase!
As a Renter, simply specify the amount of days you’d like to borrow an NFT for and you’re good to go.
The “Lender’s” set rental price is multiplied by the amount of days that the “Borrower” sets and is sent to the “Lender” upon purchase of the rental.
This total rent price gets deducted from the borrower’s balance and sent to the Kingdomly contract which then transfers “usership” rights linked to the rented NFT from “Lender” to “Borrower”
At the end of the borrowing period the “usership” status is transferred from the “Borrower” wallet back to the “Lender” wallet
Once this is confirmed, the rent price is transferred from Kingdomly to the “Lender”
In the case that the NFT is transferred out of the “Lender” wallet, “usership” status is immediately revoked from “Borrower” wallet and transferred to the new owner wallet address
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Join the revolution to make the gaming NFT lending and borrowing markets open for all. Subscribe to our waitlist to have early access to our cross chain borrowing and lending protocol.
