Redlight Chain committed to supporting each other’s growth in organic, actionable ways – and together, they will propel Web3 forward by leveraging their unique innovations and the strong bond that they have established through their extensive discussions. As Double Protocol announces their partnerhsip with Redlight.

“The gasless blockchain revolution being led by Redlight closely matches our vision to breakdown the barrier to entry to NFT based gaming. We are not only excited to add our utility to the gasless ecosystem but will actively support user acquisition, seamless rental experiences and ongoing developments on Redlight.”

– James Lucas, Partnerships Lead @ Double Protocol

Double Protocol will be directly aiding them in forging connections on a business development level, and Redlight are extremely enthusiastic about the prospects of this highly productive partnership.

Double Protocol’s Ever-Expanding Network

By working with various projects and promoting them to its user base, Double Protocol is helping to increase the visibility of projects and connect them with a wider audience. This creates a massive interconnected network effect for any project that partners with them.

Additionally, Double is increasing liquidity and value for NFT projects by allowing users to rent and lend NFTs. Many of these are NFTs that would otherwise be rendered unaffordable for most – unlocking what would normally result in an illiquid market and instead creating a new mechanism for passive income generation.

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About Redlight Finance

Redefining blockchain technology and changing the digital landscape with a groundbreaking suite of decentralised protocols.

Website | Twitter

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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.

Website | Twitter

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SOURCE: REDLIGHT FINANCE BLOG

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Double Protocol and Cloud City will team up to deploy and integrate NFT rental solutions for Cloud City Metaverse lands and in-game items.

Through this integration, the Cloud City metaverse community will be able to lend, rent and sublet their NFT lands on the Double Protocol NFT rental marketplace. This move will lower the barrier to entry into the Cloud City metaverse. And also let landholders earn passive income by renting their parcels out.

About Double Protocol

Double Protocol is an NFT rental marketplace 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.

Website | Twitter 

About CloudCity

Cloud City Metaverse is an interactive universe that allows the user to interact with its components, providing full control to the user. Cloud City is a play to earn gaming platform where the players will get reward at every turn. The immersive nature of the game is one of the reasons, among many, that allows you to stay connected and build your own universe.

The “Cloud City Metaverse” is backed by Solana Blockchain powered by Unreal Engine. This is a life-changing product equipped to achieve one and one goal only. A true uninterrupted Ready Player 1 experience through optimal performance. The players can earn rewards and use them in exchange for necessary equipment.

Website | Twitter 

SOURCE:
https://blog.double.one/double-protocol-partners-with-cloud-city-to-integrate-nft-rental-992feb3b2d9e

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As an NFT marketplace and a solid player in the NFT space, Double Protocol is assisting in the acceleration of NFT adoption as well as the ease with which users can have access to Web3 and NFT products through NFT rentals. The joint collaboration with Web3Pak reinforces this mission and accelerates the web3 adoption process.

Why Get Involved In Web3

Web3 has the ability to make the internet more valuable for everyone. This is where you can truly own your digital identity, and content and also decide how to use and monetize them. Start-ups can use Web3 infrastructure to form communities around their brands and product concepts far more readily than in prior online iterations.

Furthermore, Double Protocol and Web3Pak will be open to co-hosting online and offline events, meetups, promotions, Bootcamp, etc. It is focusing on informing, educating, and giving users the edge they need to benefit from the opportunities of Web3.

ABOUT Double Protocol

Double Protocol is a utility NFT marketplace develops by the same team behind ERC-4907. Double Protocol enables the lending and renting of in-game and in-metaverse NFTs. The protocol is 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.

Website | Twitter

ABOUT Web3Pak

Web3Pak is building Pakistan’s BIGGEST web3 community. Web3 is more than just crypto and NFTs. It’s a force for good, meaningful change and the disruptive new technology we need.

Website | Twitter

RESOURCES

Double Protocol

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Through this integration, the Cloud City metaverse community will be able to lend, rent and also sublet their NFT lands on the Double Protocol NFT rental marketplace. This move will lower the barrier to entry into the Cloud City metaverse and also let landholders earn passive income by renting their parcels out.

NFT Rental has proven to be a cost-effective way to benefit from some of the NFT’s products without having to pay hundreds or thousands of dollars to acquire them, such benefits include access to exclusive content for members, in-game rewards, etc. Double Protocol simplifies NFT rentals by powering collateral-less NFT renting.

Double Protocol and Cloud City will jointly work closely in the coming week to complete the NFT rental integration. Following the completion, Double Protocol will issue another announcement via the official Twitter handle.

About Double Protocol

Double Protocol is an NFT rental marketplace developed by the same team behind ERC-4907. Double Protocol enables the lending and renting of in-game and also 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 also 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.

Website | Twitter

About CloudCity

Cloud City Metaverse is an interactive universe that allows the user to interact with its components, providing full control to the user. Cloud City is a play to earn gaming platform where the players will get rewarded at every turn. They might get rewarded for just pushing aside a roadblock even. The immersive nature of the game is one of the reasons, among many. That allows you to stay connected and also build your own universe.

The “Cloud City Metaverse” is backed by Solana Blockchain powered by Unreal Engine. This is a life-changing product equipped to achieve one and also one goal only. A true uninterrupted Ready Player 1 experience through optimal performance. The players can earn rewards and also use them in exchange for necessary equipment.

Website | Twitter

SOURCE: MEDIUM

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ERC-4907 is an improved extension to the ERC721 token standard; custom-built for NFT rental integration. ERC-4907 token standard was created by the same team behind Double Protocol. The token standard enables seamless collateral-less NFT rental integration through the Dual-Role and Expires functionality that makes it unique among other rental standards.

This strategic collaboration will enable builders, developers and NFT projects to easily deploy ERC-4907 to mint rentable NFTs and also deploy smart contracts for NFT rentals solutions.

This move benefits both partners in a great way as Double Protocol is set to tap into the exposures of Afflux and its incubated projects. In turn, Afflux will leverage ERC-4907 to strengthen its already thriving web3 strategy.

Both partners will also be open to future collaborations geared toward web3 adoption or promotions that will be of value to both ecosystems.

About Double Protocol

Double Protocol is an NFT rental platform developed by the same team behind ERC-4907. Double Protocol enables the lending and also a 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.

Website | Twitter

About Afflux

Afflux is a professional incubator based on Web3 with technical content and also aggregated project resources. Afflux Incubator hosted a large-scale DemoDay in the middle of January in partnership with dozens of well-known Web3 VCs from Asia, Europe, North America, etc. including excellent developers, community DAOs, and also KOLs. The event was also attended by many many traditional industry giants and stars as guests.

Demo Day gives an opportunity for projects seeking financing or market flow growth, exposure to their brand awareness, or guidance from industry leaders.

Website | Twitter 

SOURCE: MEDIUM

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Through this partnership, the Infinity Arena NFT collections and in-game items will be made rentable on the Double Protocol NFT rental marketplace. The Infinity Arena community will be able to lend, rent and sublet their NFTs on the Double Protocol NFT rental marketplace. As Double Protocol announced its Partnership with Infinity Arena.

This move will create a new utility layer for Infinity Arena NFT holders. Who will be able to generate passive income by renting out their NFTs to other users while the renters will gain access to these rented NFTs at affordable rental fees, leverage its utility and unlock the benefits associated with these NFTs.

NFT Rental

Has proven to be a cost-effective way to benefit from some of the NFT’s products. Without having to pay hundreds or thousands of dollars to acquire them. Such benefits include access to exclusive content for members, in-game rewards, etc. This greatly lowers the barrier to the NFT gaming space and aid mass adoption.

To make this integration possible. Double Protocol and Infinity Arena will jointly collaborate in the coming days to deploy, integrate and test NFT rental solution for Infinity Arena

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About Double Protocol

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.

Website | Twitter

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About Infinity Arena

A decentralized NFT collection and auto battler game built on the Binance Smart Chain. It features a combination of sci-fi and tactical play-to-earn NFT card games where players travel through the planets in search of Zeronium and defeat in combat to earn the reward. Players gradually build up an iconic NFT collection that grows in power over time, which they can use to venture into more tough battles with other players. Players will have to collect Zeronium and attend battles to complete the mission.

Website | Twitter

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SOURCE: MEDIUM

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Double Protocol will lead the adoption and integration of NFT rental features for HOME Verse games ecosystem.

This partnership will set the stage for blockchain games in the HOME Verse to readily deploy the ERC-4907 token standard for NFT rental integration. As both partners aim to expand the reach of GameFi product offerings in the global gaming industry. This effort is strategically focusing on growing the Double Protocol and the HOME Verse ecosystem.

The collaboration between Double Protocol and HOME Verse is the second within the Oasys ecosystem as the push to adopt NFT rental solution accelerates.

About Double Protocol

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.

Website | Twitter

About HOME Verse

HOME verse is an Oasys Layer2 blockchain developed and operated by double jump.tokyo, Inc. Users can play a wide range of blockchain games with high transaction speed and free gas.

Oasys is an EVM-compatible protocol that adopts the Oasys Architecture. This unique architecture consists of a multi-layered structure: Hub-Layer, a highly scalable Layer 1, and Verse-Layer, a special Layer 2 using Ethereum’s Layer 2 scaling solution. Oasys Architecture is for gamers and game developers. Offering users a high-speed, zero-gas fee experience by combining the best public L1 and private L2 blockchain technology solutions.

double jump.tokyo participates in the OASYS blockchain as the primary developer and a validator.

Website | Twitter

SOURCE:
https://blog.double.one/double-protocol-partners-with-home-verse-bfc256d282dc

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Through this partnership, TryHards in-game items and NFTs will be available for listing and also renting on the Double Protocol NFT rental marketplace. The Tryhards community will be able to rent, lend and also sublet their NFTs and in-game items using the Double Protocol NFT rental marketplace.

This integration is made possible by leveraging the ERC-4907 token standard; an extension to the ERC-721 custom-built by the team behind Double Protocol. ERC-4907 enables collateral-less renting, therefore, renters will be able to leverage Double Protocol NFT rental marketplace to rent TryHards NFTs and leverage its utilities without putting up collateral.

Not only will NFT rental integration lower the barrier to entry into the TryHards ecosystem. But it will also unlock deep liquidity within the ecosystem, providing a medium for TryHards NFT owners to earn passive income. Through NFT rentals without the need to immediately liquidate their assets.

Double Protocol will work closely with TryHards to complete this integration in the coming weeks and will issue another announcement following the completion.

About Double Protocol

Double Protocol, the NFT rental marketplace developed by the team behind ERC-4907, is revolutionizing the way NFTs are rented. Their unique approach separates NFT ownership rights from usage rights, making it easy for NFT owners to connect with renters. In addition, Double Protocol also offers a Web3 Domain Subscription service, allowing ENS domain holders to monetize their names by renting them out.

The platform is backed by industry heavyweights, including Matrixport, Shima Capital, and more. Tryhards is excited to partner with Double Protocol, and they anticipate flourishing cooperation. They can’t wait to offer their game-changing solution to their clients.

Website | Twitter

About TryHards

TryHards is a PlayToEarn, NFT, Blockchain Metaverse. Collect Fanatics, dominate the Arena, conquer Planet X. Tryhards is a competitive, immersive and most importantly a fun game to play. Its mission is to keep players engaged in a fair and also balanced way. They believe it’s very important for new players to be able to join. And also be able to compete with the veteran players. But at the same time enjoying nice benefits for obtaining higher tier characters and weapons.

Website | Twitter

SOURCE: MEDIUM

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Xandar community will be able to rent, lend, and sublet NFTs in the Double Protocol NFT rental marketplace powered by the ERC-4907 token standard. The benefits of this integration include: lowering the barrier for users to utilize Xandar NFTs, providing a revenue source for Xandar NFT holders, and potentially turbo-charging Xandar user base. As Double Protocol announced its Partnership with XandarGames.

The Integration

Play-to-Earn suggests that most gamers are in the game to have fun while also earning tokens. Empowering the blockchain gaming community with an NFT rental marketplace will further enrich the playing experience and create an atmosphere that is even more rewarding for participants of Xandar multiplayer RPG game.

This integration will be completed in the coming weeks as Double Protocol and Xandar will work closely to ensure a smooth integration process of the NFT rental solution.

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About Xandar

A Play-To-Earn Adventure and Arena-based Massively Multiplayer AAA Online Role-Playing Game (MMORPG) built on the Myria Blockchain as well as Binance Smart Chain Network. Xandar is a cosmic galaxy of allure and home to a plethora of creatures that reside in its four realms. The realms revolve around the gigantic star, Gargantua, which is the nucleus of the galaxy.

Each realm encompasses different regions, weapons, and creatures. The four regions depict surroundings similar to deserts, mountains, valleys, and isles, respectively. Travel the expansive and varied panorama of each realm, capturing agile creatures. And then using them to battle in the XandArena or trade among users via the exchange in the marketplace.

Website | Twitter

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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.

Website | Twitter

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SOURCE: MEDIUM

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My Crypto Heroes, a blockchain-based game where gamers take control of their digital assets. And a major blockchain game on MCH Verse.

This integration is possible by leveraging the ERC-4907 token standard; an extension to the ERC-721 custom-built by the team behind Double Protocol. ERC-4907 enables collateral-less renting, therefore, renters will be able to leverage Double Protocol to rent My Crypto Heroes NFTs and leverage its utilities without putting up collateral.

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 separate 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.

Double Protocol is backed by well-known partners and industry heavyweights, including Matrixport, Shima Capital, Youbi Capital, LucidBlue Ventures, Red Building Capital, Capital 6 Eagle, and Plancker DAO, Steve Guo from Loopring, Tony Gu from NGC Ventures, and Mr. Block.

Website | Twitter 

About MCH Verse

MCH Verse is a Layer2 blockchain using Oasys Optimistic Rollup on the game-specific blockchain “Oasys”. MCH Verse has been operating stably since February 2022 as the first Verse Layer on “Oasys” along with “My Crypto Heroes”.

Website | Twitter 

SOURCE:
https://blog.double.one/double-protocol-partners-with-mch-verse-to-integrate-nft-rental-53cfae647874

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