What is ERC 4907? Rentable NFT token standard on Ethereum
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There is a new NFT token standard in town and it could change the game for NFTs. Imagine renting out your NFTs for a fee and automatically getting them back once the contract expires – this is all possible with ERC 4907 – a new rentable NFT token standard on Ethereum. From renting virtual real estate, to renting a Bored Ape NFT just for kicks, ERC4907 opens up exciting possibilities for non fungible tokens to function relevantly in our everyday lives.
NFT enthusiasts: Find out all about Ethereum’s new ERC4907 token standard in this video!
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