NFT Lending and Renting in Blockchain Games

NFT lending and renting are emerging as innovative mechanisms within blockchain gaming and the broader NFT ecosystem, allowing players and developers to earn income and explore new revenue streams. Through two primary models—collateralized and uncollateralized lending—NFTs can be temporarily transferred for a fee, enabling borrowers to access in-game assets like characters or virtual lands without purchasing them, while lenders earn passive income. This system not only provides affordable access to premium NFT utilities but also helps game developers create custom NFT marketplaces that generate revenue from transaction fees. By facilitating wider participation and experimentation with NFTs, these practices are advancing GameFi by promoting accessibility to unique in-game experiences and supporting smaller studios in developing sustainable revenue models.