Introduction to the Rental Marketplace

The TokenTrip Rental Marketplace introduces a powerful DeFi primitive to real-world experiences: the ability to rent usage rights without transferring ownership.

This feature allows owners of high-value or time-sensitive assets (both full NFTs and fractional shares) to generate passive income, while renters can gain temporary access to experiences at a fraction of the purchase price.

Key Concepts

• Asset Escrow: When an owner lists an asset for rent, it is sent to a secure, on-chain escrow vault within the rental_market smart contract.
• Rental Receipt: When a renter pays for a listing, they receive a new, non-transferable RentalReceipt NFT. This is their temporary "ticket" and proof of their right to use the experience for the specified period.
• Peer-to-Peer: All transactions are peer-to-peer. The payment goes directly from the renter to the asset owner, with a small platform fee applied to sustain the ecosystem.