Next “Blue Ocean” track: NFT Leasing and Chain Leasing

There is no doubt that 2021 will be the year of the release of the NFT. However, even after 2021, we can see reports in the media that these digital devices are still very popular. According to previous research data provided by JP Morgan Chase, the current market value of NFT is between $ 7 billion and $ 10 billion. You should know that a year ago, few people knew what the NFT was. But this year it has grown into a bigger business.

This year, NFTs like CryptoPunks led the way with a total market value of $ 5.1 billion. Other NFTs have also contributed to this industry.

Now we usually see NFTs worth over a million dollars. It's way beyond the capabilities of most people. Although NFT prices in the market today reach hundreds or thousands of dollars, they are still a start for the average person. And this is the biggest problem preventing many people from participating.

In addition to those unable to enter the market, NFT holders (even if their NFT holders are worth hundreds or millions of dollars) have their concerns. These little pictures. It also follows that many believers are widely waiting for them until many NFT holders can sell these little pictures for a lot of money.

Considering the actual revenues of the NFT market, this would be a long process. In this process, NFT holders cannot get the listed benefits, and anyone who wants to use the tools cannot get them. This is a big puzzle for the market, but one that has yet to be solved.

What if one day holders of an NFT and the uninitiated who wish to use the NFT could benefit from the same tool at the same time?

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Since the CryptoKitties boom in 2017, the NFT design has changed a lot. Like cute CryptoKitties, NFT exchanges are always traded from wallet to wallet.

However, NFTs aren't just about estimating digital assets, they won't work in digital wallets. Even today, the adoption of DTV continues. In the realm of “play for money”, platforms like Axie Infinity sell assets in their game to make money. Other sports such as Cryptoblades, Sandbox, and Decentraland are also developing various ways to use NFTs.

In Cryptoblades, users have to invest money to start playing. The money is used to buy symbols and provide easy-to-play toys. Participants can play against other players and gain in-game experience. In-game characters and weapons are available as NFTs, and can optionally be traded and transferred to others. As players progress through the game, more prizes are unlocked in the game.

The design of NFT stations now has a huge market, but ignores any other potential: the rental of NFTs.

Future NFT consumption model - Buy Rent

In just a year, many NFTs have left the average consumer. Many of these digital assets, worth millions of dollars, will not be owned or used by the public. It's like in the real world. After all, how many people have a helicopter or a Lamborghini flying?

But think about being able to generate rent income for the day you don't have to spend it. Unlike actual rents, NFT rents don't give you the same wear and tear when you go out. Additionally, the cost of collecting NFT has increased over time.

Using the example above, Cryptoblades (or Axie or Decentraland) players can earn NFTs by playing. Players will not be using their NFTs on a daily basis, but they are keeping them because they can check. At the same time, NFT holders can lease their assets if they wish and profit from the income they generate.

This app extends beyond gaming. For example, the owner of Beeple Art will someday rent his NFT so that others can enjoy the NFT “share” for a limited time, but the actual members stay with the old one. owner.

Cryptopunk holders can rent their NFTs to give others the opportunity to "show" their favorite writing for a limited time, while earning income for the original holders. With the development of meta-localization marketing, the “embodiments” of the meta-world (the image of users in the meta-world) have evolved at a rate that can be seen with the naked eye. , and the use of NFT libraries is becoming more and more important.

Someday we will see a world of digital "hosts". The owner of the $ 2.3 million Axie lot will someday have more rent to rent to someone who can use the digital space for their own purposes (like setting up a digital store on earth). Just like in the real world, each digital device is used at its own expense.

A digital lease can be very similar to an actual lease. For many light users, the one-time purchase price of NFT is too high for a lease, so the lease is a better option. In these models, clients can be paid monthly for several months / years, and once payment is made, NFT members will be transferred temporarily to the client.

To many, the new NFT consumption model may seem unrealistic, but based on the value of NFT assets, NFT rental rates will benefit both cardholders and consumers. Leasing is a healthcare model that has proven itself in history. From bus seats to homes, these models will finally find their place in the crypto space.