Features

Ember is the first peer-to-peer marketplace designed to enable borrowing & lending NFTs in an uncollateralized, noncustodial & decentralised fashion. Lenders can list their NFTs on the Ember marketplace where borrowers will be able to borrow the assets for a set time period. Our Rental features include:

Fixed Fee Rental

Lenders specify which asset they want to list, as well as the rental period and the daily or period fee. Lenders can also choose which permissions they allow while their NFT is in the borrower's hands.

Revenue Sharing Rentals

Yield generating NFTs such as gaming NFTs can be listed in the Ember marketplace and lent out by their owners by specifying the revenue split between lender and borrower, as well as the rental duration. Any yield earned from NFTs being rented out for split sharing will be divided up between the two parties according to the rental terms.

Direct Lending

Yield generating NFTs can be directly sent to a friend or scholar's address by specifying their address the rental duration as well as the revenue sharing split between owner and user.

Payment Plans

Now you can buy NFTs via instalments through Ember, and still utilize the NFT during the payment plan duration. Ember will soon introduce buy it now & buy it later, within the marketplace. This is achieved through the Ember protocol technology, where NFTs are used in vaults, and released after the payment plan duration. This will further allow virtually every single user from all over the world to join Web3, via Ember.

NFT Subletting

Ember allows users to have the option of borrowing NFTs on the Ember marketplace and then subletting it to another user for a fee or in direct lending according to the terms set by the original lender. This feature allows borrowers to be capital efficient and offers them the opportunity to make rental strategies.

Owner Controlled Permissions

Ember adds an additional layer on top of all rental features for lenders to ensure that the usage of their NFT by borrowers lies within their permissions. Lenders can choose to allow or ban actions that are tied to the usage of their NFTs. These permissions will determine what borrowers can and can't do with the NFT while it is in their possession.

Personalized Usage Statistics

Lenders and borrowers alike will be able to organize and manage statistics for their usage of the Ember platform, including earnings, time saved while renting NFTs, amount of collections that they have utilized, etc.