Rental NFT

Ternoa provides you with many advanced NFT features. Not only creating an NFT can be done in just a few lines of code but we also cover many NFT advanced use cases: Ternoa allows you to easily create functions to rent, auction, or even add a secret to your NFTs without using any smart contracts.

What is Rental NFT?

NFTs represent proof of ownership on the blockchain. Renting is a powerful tool for NFT owners to make more out of their NFTs. An NFT rental agreement is an on-chain rental contract, between the owner of an NFT and a renter (usually called rentee) who will have temporary access to the NFT properties, against a rent fee (an amount or an NFT).

Rental NFT features

Creating Contract

Create a rental contract on the chain for an NFT.

View code

Revoking Contract

Revoke a running contract.

Cancelling Contract

Cancel a contract that is not running.

Renting

Rent an nft with automatic acceptance.

Making Rent Offer

Make an offer for an available contract with manual acceptance.

Accepting Rent Offer

Accept a rent offer for a manual acceptance contract.

Retracting Rent Offer

Retract a rent offer provided to a manual acceptance contract.

Changing Subscription Terms

Change the subscription terms for a subscription contract.

Accepting Subscription Terms

Accept the subscription terms for a subscription contract.