Double Protocol Integration with Avalanche
Double Protocol Integration with Avalanche, this integration with Avalanche will lead to various development fronts in the Double Protocol ecosystem as NFT rental infrastructure continues to rise.
This integration will open the door for the Avalanche network of builders to deploy and integrate Double Protocol’s ERC-4907 token standard. The unique ERC-4907’s Dual Role feature changes the game for NFT rental by assigning an owner role and a user role.
This property retains NFT holder/landlord as owner and renter as user, limiting the danger of holders handing up NFTs. ERC-4907 offers collateral-less NFT rentals, allowing customers economical access to NFT lands, PFPs, and in-game NFT assets.
Interestingly, this integration will potentially open up a broader integrations between Double Protocol and Avalanche-based Projects.
This makes it easy for Avalanche-based projects to launch NFT collections on Double Protocol. Double Protocol’s connection with Avalanche is crucial as a layer 1 blockchain. This connection will enable Double Protocol work with Avalanche blockchain builders and extend the Double Protocol ecosystem.
About Double Protocol
Double Protocol enables the lending and renting of in-game and in-metaverse NFTs. The protocol aims to create a breakthrough NFT renting platform that links owners with potential tenants.
About Avalanche
Avalanche network is the blockchain industry’s quickest smart contracts platform digital asset. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.
