Hundreds of Bored Ape Owners Sign Up to Rent Their NFTs to Brands

Hundreds of Bored Ape NFT owners have signed up for a new NFT licensing marketplace that allows Apes IPs to be leased to brands.

Blockchain accelerator Mouse Belt Labsstating that it will list all 10,000 Bored Ape Yacht Club (BAYC) NFTs on its website for brands to browse and engage in recruiting for campaigns. Boredjobs launched the market.

Thanks to this market created, BAYC holders have been given a great opportunity to use the IP rights of the NFTs they have purchased. In order for all BAYC NFTs to become available for lease, NFT owners must first register with the market and they need to approve.

Mouse Belt co-founder Patrick McLainin an interview with Cointelegraph, after its launch on June 29 NFT on the platform within 24 hours from BAYC collectors who want to confirm ownership more than 200 applications He said he got it. McLain made the following statements about the way the platform works:

Simply put, we are developing a way for brands and Apes owners to connect. Currently, there is no easy way for parties to send messages to each other. Agreement terms, license terms, details, etc. It will be provided by 100% negotiation between the two parties. A brand may submit a deal offer to NFTs and if both parties agree, the offer will stand.

Also answering questions about how Apes NFTs can be used by brands, McLain said, “as simple as a small business looking to make an Apes the face of their coffee brand” or that it can be used as part of large-scale marketing campaigns by large businesses.

“A pre-engineered Apes NFT video game character for a small cost A video game company that wants to transform can be given as an example,” McLain explained, and presented alternatives in terms of applicability. The company in the future different NFT projects also plans to make part of this deal:

“Now that we have a baseline, we can defeat Mutant Apes in about two weeks, Gutter Cats in about four weeks, Crypto Punks in six weeks, etc. “We plan to add it,” he said.

Another NFT leasing company that we reported on in the past few days, and the company that is engaged in the Ethereum network. EIP-4907 protocol Considering that, in recent NFT rental market to grow Let’s say it started.

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