Fabwelt introduces Multiplier NFTs and Renting with reNFT

FabweltToken
3 min readMay 9, 2023

Fabwelt is thrilled to announce a partnership with reNFT, the first and ultimate NFT rental protocol for web3 platforms.

The concept of NFT rentals plays a significant role in reducing entry barriers and facilitating the widespread acceptance of Web3 games. This approach enables players to benefit directly and creates fresh economic opportunities for digital asset holders, developers, and players alike. With the reNFT protocol, NFT holders can leverage their assets by renting them out for use in blockchain gaming experiences, allowing more players to engage in the game without purchasing an NFT. This boosts game economies and helps to encourage the use of NFTs in gaming.

This is BIG! This is a big step forward to expanding services to our community.

Gaming Guilds are activated!

The community is ready to experience a multichain protocol and platform that will be integrated into all Fabwelt Studio-developed games to enable collateral-free in-house renting, lending, and scholarship automation!

The renting mechanism will begin with Multiplier NFTS.

The use case will be extended to more renting options in every game deployed on the Fabwelt gaming ecosystem.

Understand Fabwelt renting and lending: https://fabwelt.gitbook.io/fabwelt-gitbook/gaming-ecosystem/nfts/nft-renting

About reNFT

reNFT is the FIRST & ultimate NFT rental protocol for your Web3 project. A multichain protocol and platform that can be white-labeled and integrated into any project to enable collateral-free in-house renting, lending, and scholarship automation!

Stay in touch with reNFT: Website | Twitter | Discord | LinkedIn | Podcast | Telegram | Docs

About Fabwelt

Fabwelt is a ground-breaking concept that integrates blockchain technology into the heart of high-quality games of all types and genres. With in-game NFTs, Play to Earn, and DEFI, we create a high-end gaming ecosystem and enhance the fun. A multi-genre gaming ecosystem that includes genres such as 3D First Person Shooter, Action-Adventure, Simulation, Strategy, Fantasy, and many others. In-game NFTs as assets, collectibles, and strategic utilities resurrect the fun of Blockchain gaming.

We incorporate all of our games into a never-before-seen digital reality. This is referred to as the Gamingverse. We provide the technology to have never-ending fun with features like Universal NFTs, digital cross-game identification, and multi-tiered tournaments, which are powered by gamers.

We invite you to:

  1. Join the Fabwelt Discord, where you can meet and engage with Welties in the community.
  2. Come and play Arsenal with the community.
  3. DM us — our team is eager to help your ideas and initiatives come to life.

Website | Telegram | Discord | LinkedIn | Twitter | More links

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FabweltToken

Fabwelt is a a revolutionary concept that brings blockchain technology into the core of high-quality games of all types or genres. https://www.fabwelt.com/