Double Protocol partners with GLMR Apes
Double Protocol has reached a strategic partnership with GLMR Apes, a Moonbeam-based project behind the 1001 banana-loving GLMR Apes and the 3333 GLMR Jungle NFTs. This partnership is geared towards the integration of ERC4907 token standard within the GLMR Apes ecosystem.
NFT rental solution for GLMR Apes and GLMR jungle NFT collection will be deployed using ERC4907 token standard. This will enables users who couldn’t afford to buy these NFTs to have the rare opportunity to rent them and be able to gain exclusive access to the GLMR Apes community.
Previously Double Protocol collaborated with Moonbeam to lead the adoption of ERC4907 in the Moonbeam ecosystem. The present collaboration with GLMR Apes is part of Double Protocol’s ongoing strategy to position ERC4907 as the default and most popular NFT rental token standard in the Moonbeam ecosystem.
Double Protocol and GLMR Apes will also be open to future collaborations that could span across joint marketing efforts and campaigns. In the coming weeks, the rental integration for GLMR Apes will be completed on the Double Protocol NFT rental marketplace, letting users rent, lend and sublease these GLMR Apes NFTs.
About Double Protocol
Double Protocol is an NFT rental platform developed by the same team behind ERC-4907. Double Protocol enables the lending and renting of in-game and in-metaverse NFTs. The protocol is on a mission to deliver a revolutionary NFT rental platform that seamlessly connects NFT owners to prospective NFT renters who wish to leverage these assets for a limited time.
By deploying ERC-4907, Double Protocol is unique in its rental approach by ensuring that NFT ownership rights are separated from usage rights. This concept addresses the challenges associated with some rental services and distinguishes Double Protocol from other rental protocols.
In addition to the existing core products, Double Protocol also offers Web3 Domain Subscription. This service enables ENS domain holders to list and monetize their ENS names by letting other users subscribe to a subdomain name for an agreed fee for a specific period.
Double Protocol is backed by well-known partners and industry heavyweights, including Matrixport, Shima Capital, Youbi Capital, LucidBlue Ventures, Red Building Capital, Capital 6 Eagle, and Plancker DAO, Steve Guo from Loopring, Tony Gu from NGC Ventures, and Mr. Block.
About GLMR Apes
GLMR Apes is a collection of 1001 banana-loving Apes chilling together and focused on the Glimmer community. As GLMR Apes was made by the community and for the community, 50% of the sales proceeds and of all the royalties are the community’s property and are managed on a community wallet in order to benefit GLMR APES NFT owners.
They have recently released the second generation of Apes, GLMR Jungle, the collection is composed of 3333 NFTs of Gorillas, Chimpanzees, Orangutans, Bonobos.
GLMR Apes has a community DAO wiki that is organized around two big NFT collections: GLMR Apes govern the DAO, while GLMR Jungle is the avatar in the play-to-earn game. This wiki has been built in the purest decentralized fashion. By community apes, for community apes.
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