Double Protocol and Ascenders will work together to deploy and integrate the NFT rental facilities for Ascenders’ NFT land.

The Ascenders communities will be able to lend, rent and sublease NFT lands on Double Protocol. Users who don’t own Ascenders NFTs will be able to try out the sci-fantasy, open-world action RPG game with rented NFTs before deciding to buy them.

Given the low cost involved in renting an NFT, a larger community of gamers will be able to try out the Ascenders game. On the flip side, this will also provide Ascenders NFT holders with a new revenue stream by allowing them to rent out their NFT assets to other non-holders.

NFT rental powered by Double Protocol allows users to enjoy the benefits of utilizing an NFT without the financial commitment involved in buying one or the need for any collateral. NFT rental, as one of the NFT financialization strategies, aims to decrease the barrier to entry while simultaneously increasing liquidity in the NFT sector.

About Double Protocol

Double Protocol is an NFT rental platform developed by the same team behind ERC-4907. Double Protocol enables the lending and renting of in-game and in-metaverse NFTs. The protocol is on a mission to deliver a revolutionary NFT rental platform that seamlessly connects NFT owners to prospective NFT renters who wish to leverage these assets for a limited time.

By deploying ERC-4907, Double Protocol is unique in its rental approach by ensuring that NFT ownership rights are separated from usage rights. This concept addresses the challenges associated with some rental services and distinguishes Double Protocol from other rental protocols.

In addition to the existing core products, Double Protocol also offers Web3 Domain Subscription. This service enables ENS domain holders to list and monetize their ENS names by letting other users subscribe to a subdomain name for an agreed fee for a specific period.

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About Ascenders

Ascenders is a sci-fantasy, open-world action RPG with a fully decentralized player-driven economy powered by Avalanche blockchain. The Ascenders ecosystem is complex, with lots of opportunities for trade, cooperation, and competition.

Furthermore, players drive an emergent economy: players craft all NFT gear and weapons, build cities on NFT lands, and band together to create powerful guilds. There are a variety of ‘play-and-earn’ roles a player can specialize in, each with its own resources, challenges, and also economic loops. Player decisions can make permanent changes to the world itself.

Open Exploration: Ascenders have rich open-world environments players can freely explore to discover new lands, hidden dungeons, and rare resources.

Ascenders NFTs include player-ownable land, hero avatars, equippable gear such as weapons and armor, consumable items, and cosmetic skins for heroes and guild halls. Also, on-chain are a wide variety of tokenized crafting resources, used for upgrading gear and creating rare weapons.

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SOURCE: MEDIUM

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