Renting

FluidShare (aka Renting) is one of the most innovative protocols ever made on Cardano and it allows tokens holders to rent their assets to anyone that needs them.

This is extremely useful for different NFT types: * Utility tokens: receiving airdrops and other benefits by holding a specific token * Metaverse assets: renting land plots, skins and assets of your favourite games * NFT memberships: NFTs that allow the access to exclusive events and communities * Real world assets: rent real world objects such as apartments, cars, certificates and more

Parameters and flow

Owners (aka renters) of any NFT can create a renting offer, locking the NFT in the FluidShare smart contract and deciding the parameters of the renting: * Daily Rent Amount: how much each day of renting costs * Expiration Offer: the time limit after which the NFT cannot be rented anymore

Once the renting offer is available on the platform, any user (aka tenant) can accept the offer, decide how many days to rent it (within the limit of the Expiration Offer) and pay upfront the decided amount.

At this point, thanks to Cardano unique features, the NFT appears in the tenant wallet and it will stay there until the renter will withdraw it or another tenant will rent it. In other words it is guaranteed that the NFT will be in the tenant wallet for the whole renting period.

Renters can always edit the parameters of their renting offers, even when the renting is in progress. The effects will be visible on the next rent.

If the tenant needs the NFT for more additional days, he can extend the renting period - paying the new amount to the renter - up to the Expiration Offer limit.