Double Protocol: Project Guide | Latest Updates, Presale & Airdrop

Q: What is the Purpose of Double Protocol?

Double Protocol aims to unlock the liquidity of NFTs by enabling their rental without transferring ownership, thereby enhancing accessibility and utility in the NFT space.

Q: How Can I Participate in Double Protocol's Ecosystem?

Users can participate by lending or renting utility NFTs on the Double Protocol platform, thereby engaging in the NFT rental market.

Q: What Sets Double Protocol Apart from Competitors?

The implementation of the ERC-4907 standard, which separates ownership and usage rights, simplifies NFT rentals and reduces integration costs, making Double Protocol unique in the NFT rental space.

Q: Is Double Protocol Secure?

Double Protocol has undergone security audits, including one by CertiK, to ensure the platform's security and reliability.

Q: What are the Risks Associated with Double Protocol?

As with any decentralized platform, risks include smart contract vulnerabilities and market volatility. However, Double Protocol's security audits aim to mitigate these risks.

Home›
DApp home›
Double Protocol

Double Protocol

NFT Lending

Double Protocol is a decentralized NFT rental protocol for blockchain games and metaverses, with unique use cases for NFT finance. It is on a mission to deliver a revolutionary NFT rental platform that seamlessly connects NFT owners with prospective renters who wish to leverage these assets for a limited time. By deploying ERC-4907, Double Protocol is unique in its rental approach, as it ensures that NFT ownership rights are separated from usage rights.

Download Bitget Wallet app

What is Double Protocol?

Double Protocol is a decentralized NFT rental platform that enables the lending and renting of utility NFTs, such as in-game assets and metaverse items. It aims to unlock the liquidity of NFTs by allowing users to rent them without transferring ownership.

How Does Double Protocol Work?

Double Protocol utilizes the ERC-4907 token standard, which introduces dual roles of 'owner' and 'user' at the token standard layer. This allows NFT projects to adopt the standard by adding a few lines of code to check whether an address is the current valid user or the owner, making NFTs rentable by default.

What Makes Double Protocol Unique?

Double Protocol's unique features include the implementation of the ERC-4907 standard, which simplifies NFT rentals by separating ownership and usage rights. This approach reduces integration costs for utility NFT leases in games, metaverses, and other sectors, thereby enhancing liquidity and accessibility.

Who Are the Founders of Double Protocol?

Double Protocol was founded in 2019 by Shrug Newton. The team raised $1.5 million in a seed round in March 2022 and is backed by a total of 12 investors.

Latest news

What Key Events Have There Been for Double Protocol?

Significant milestones for Double Protocol include the finalization of the ERC-4907 token standard in June 2022, partnerships with various blockchain ecosystems, and the integration of NFT rental features for multiple partners.

Project Announcements

In 2022, Double Protocol achieved several milestones, including the finalization of the ERC-4907 token standard, partnerships with multiple blockchain ecosystems, and integration of NFT rental features for various partners.

Upcoming events

No data

Project announcements

Where to Buy Double Protocol?

Double Protocol's token is available for trading on Bitget's centralized exchange.

Double Protocol Price

Daily Trading Volume

All-Time High

All-Time Low

Market Cap and Valuation

Market Cap

Fully Diluted Valuation

Double Protocol Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding Double Protocol's token price.

FAQ

What is the Purpose of Double Protocol?

How Can I Participate in Double Protocol's Ecosystem?

What Sets Double Protocol Apart from Competitors?

Is Double Protocol Secure?

What are the Risks Associated with Double Protocol?

Disclaimer & risk notice: Some content on this page may be AI-assisted or generated and is for general reference only. For the most accurate and up-to-date information, please refer to the project's official website. Bitget Wallet values every partnership. If you find any issues or inaccuracies, contact us at [email protected] — we appreciate your feedback and will continue to improve.