Tokenized Ownership & NFT-Based Rentals
Tokenized Ownership & NFT-Based Rentals
RentifyAI introduces a groundbreaking approach to asset ownership and rentals through tokenization and NFTs.
How It Works:
Asset Tokenization: Physical assets are represented as NFTs (ERC-721 or ERC-1155 tokens) on the Ethereum blockchain.
Fractional Ownership: Multiple users can own fractions of an asset, enabling shared ownership and investment opportunities.
Rent-to-Own Model: Renters can allocate a portion of their rental payments toward purchasing the asset over time, eventually owning it outright.
Benefits:
Liquidity for Illiquid Assets: Tokenization allows owners to sell fractions of their assets, unlocking liquidity.
Transparent Ownership History: NFTs provide a tamper-proof record of ownership and rental history.
Flexible Rental Agreements: Renters can choose between short-term rentals or long-term rent-to-own plans.
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