Animoca Brands is leading a $1.5 million bet on reNFT, a year-old decentralized autonomous organization (DAO) that lets you rent out NFTs on the Ethereum mainnet. The project is now backed by Lattice Capital, Play Ventures, MetaCartel Ventures and five other VC firms. "The Hash" squad discusses NFT rentals and the significance to the wider NFT market, Web 3.0 and the gamefi space.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk...
Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
LinkedIn: https://www.linkedin.com/company/3104...
Instagram: https://www.instagram.com/coindesk
Facebook: https://www.facebook.com/CoinDesk
Newsletters: https://www.coindesk.com/newsletters
CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkv...
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8B...
CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk...
Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
LinkedIn: https://www.linkedin.com/company/3104...
Instagram: https://www.instagram.com/coindesk
Facebook: https://www.facebook.com/CoinDesk
Newsletters: https://www.coindesk.com/newsletters
CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkv...
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8B...
CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
-
- 1
Francisco Gimeno - BC Analyst DeFi offer many new opportunities every day. We have now a way of getting a passive income from our NFTs by renting them in the Ethereum mainnet through a DAO. It seems fascinating to us how investors and creators are finding new ways to capitalise their NFTs. And probably this is just the first of many other interesting experiments with NFTs and DAOs we are going to witness, revolutionising the digital economy, as usual.