5 Use Cases for Renting NFTs | Nick Vale @ reNFT

Nick’s experience across game development, crypto, and technology opened his eyes to a missing key in the NFT space—rental NFTs. In this episode, we’ll cover what rental NFTs are, how they work, and why they’re important. Then we’ll introduce you to five situations where rental NFTs will seriously improve user experiences. 

This episode is part of our “WEB3 PODCASTS FOR BEGINNERS” playlist on Spotify. If you're new to web3, click HERE and make sure to hit the + button to add the playlist to your library. If you find the playlist helpful or think we need to add other episodes, please let us know on Twitter (link below).

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Name: Nick Vale

Personal Twitter: @nickev123 - https://twitter.com/nickev123

Business Twitter: @renftlabs - https://twitter.com/renftlabs

Website: https://www.renft.io/

⏱ TIME POINTS ⏱

0:00 - Intro

4:00 - Nick’s web3 rabbit hole story

6:20 - What was the web3 space like back in the day?

7:45 - What is reNFT?

10:45 - NFT rental use cases

13:33 - Use cases for renting gaming NFTs

19:15 - How do NFT rentals work?

28:25 - The future on NFT rentals

31:05 - Castle Crush NFT rentals

36:04 - Renting virtual land

41:58 - Subscriptions

48:51 - CryptoPunk rentals

53:10 - NFT rental space overview

57:00 - Speed round