StreamNFT Draws Developers with NFT Renting Module

• StreamNFT offers tiers of access to NFT, including renting, special event tokens and scholarships.
• The platform rebranded itself in 2023 and is now in open beta, reaching out to developers.
• StreamNFT is compatible with Web3 projects on the Solana blockchain.

StreamNFT is a niche addition to Web3 project building, offering tools to bring NFT rentals to end users. NFT renting is one of the ways to onboard more traditional gamers, by letting them test the game without committing to ownership. 

NFT renting also facilitates the creation of guilds, as well as shared NFT ownership. But renting also has risks and a need of guarantees to avoid scams and losses. For some gaming projects, building viable gaming may be one of the big milestones. 

StreamNFT wants to simplify and shorten the process by offering a direct way of integrating multiple NFT rentals. The protocol for rentals is targeted at developers, but also at NFT owners seeking passive income. 

https://twitter.com/streamnfthq/status/1625514281189138433

In the past few days, StreamNFT is actively reaching out to developers with a proposal for multiple NFT tools. The StreamNFT hub is now opening an onboarding project, especially suitable for Solana games, collections or GameFi. The tools are suitable for games or projects where NFT staking is part of the GameFi package. In 2023, StreamNFT is also considering cross-chain opportunities for NFT renting. 

StreamNFT Offers Several Levels of NFT Access

StreamNFT also offers several different types of NFT-based assets, including those that act in the short term and can be burned. For instance, games can generate short-term passes or items that grant access to a certain tournament or event.

https://twitter.com/streamnfthq/status/1625514316891037696

Working with NFT also offers flexible ways to deploy contracts, onboard scholars to use the NFT, or revoke control without losing valuable items.

StreamNFT also tries to draw in developers with its “conditional ownership” layer, which solves the problem of being in control of NFT while allowing usage. The StreamNFT protocol is integration-free, and brings a rental without the need for escrow or collaterals. 

As of February 2023, the StreamNFT project has completed its rebranding, and called out to Solana Web3 projects. The builders on the Solana network can now access the free beta version to add token renting to games or collections.