NFT Rentals Could Take Over Blockchain Gaming In The Future, Says Anton Link

The NFT space is increasingly getting more attention as more companies and entities join the craze. But Anton Link, co-founder and Chief Executive Officer of UNITBOX DAO, has stated that NFT rentals could be the next big thing in blockchain gaming.

Entry Into The P2E Space Is Now Easier

Play-to-earn (P2E) video games are increasingly gaining more popularity in both gaming and the crypto space. It has shown a remarkable growth potential because of its powerful mix of money and entertainment – two things everyone desires.

Entry into the P2E space is now even easier following the ongoing rise of NFT rental services. They enable players to easily rent an NFT and give the lenders a share of whatever earnings they make. In turn, NFT owners can get the chance to generate more income.

Anton Link gave insights on NFT rentals, its audience, the value it creates, and its prospects in the future.

He noted that the NFT rental service has a diverse audience, with people coming in for different reasons. Some rentals that are building their reputation within the NFT community are more concerned with the short-term flex rent. This will enable them to set the NFTs as a profile picture on social networks. On the other hand, exhibitions and art installations may rent NFTs to start with imaginative and exciting arts. They can also decide to hold limited-time events with specific pieces.

Gamers Are Showing More Interest In NFT Rentals

Most of the demand for NFT rentals is coming from gamers, with digital land plots being one of the most popular types of NFT rentals. Generally, landlords with funding can invest in large amounts of property and funding in play-to-earn games. After the investments, they can decide to lend them out to the players. Such a perspective can encourage more players to participate in the game.

Another popular aspect of NFT renting is renting in-game characters, weapons, gear, skins, pets, as well as other items. The non-fungibles are now needed to play or give gamers an advantage within the game in most GameFi titles. A lot of games also offer several tiers of NFTs, and rare ones are more valuable for gamers in the gaming experience.