Crypto startup LootRush is gearing up for the launch of its NFT rental marketplace, presenting gamers with the opportunity to list their game NFTs for rent or explore a variety of offerings. The platform, renowned for its two-sided NFT rentals, accommodates numerous blockchains, enabling users to experiment with NFTs from games across Ethereum, Ronin, Avalanche, and more.
Currently supporting over 1,000 blockchain games and with NFTs listed for over 100 titles, LootRush positions itself as the "Airbnb" of gaming NFTs, suggesting that users list their game assets for approximately 10% of the NFT's market value for a one-month rental. The platform's custodial model prioritizes user experience by eliminating the need for a KYC process initially. While providing convenience, LootRush is set to revolutionize the gaming NFT space, aiming for $6 million in annualized rental volume by year-end.