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You Can Now Rent LAND Directly from the Decentrland Marketplace!

Posted on the 08 December 2022 by Nftnewspro
You can now rent LAND directly from the Decentrland Marketplace!

Decentraland LAND owners now have the ability to rent out LANDs right in Decentraland’s Marketplace.

The new Renting System allows LAND Owners and Tenants to Rent LAND in a secure and trustless way by using a combination of signatures that are stored in a server handled by the Decentraland Foundation (off-chain) and Ethereum transactions (on-chain).

For LAND owners:

  • List your LAND for Rent in the Marketplace as a way to earn income while retaining ownership
  • Voting Power is kept by the LAND Owner, even if it is rented.

For Tenants:

  • All users can find LAND listed for rent in the Marketplace under the LAND section.
  • Rent LAND for the opportunity to deploy experiences without owning LAND in Genesis City (ex: a DJ could find a plot of LAND, rent it and deploy a nightclub to play every week or a University could rent an Estate and build a campus for its students.)

📣 Attention LAND owners
You can now rent out your LANDs right in Decentraland’s Marketplace.
Head on over to ‘My Assets’ in the Marketplace and put your LANDs up for rent today!
All the details: https://t.co/rzvvNUSeEr
Why rentals for LAND? ⬇ pic.twitter.com/P3QH3Nh3UE

— Decentraland (@decentraland) December 5, 2022
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