ERC-721 Rentals

This page describes how developers can introduce Rentals to ERC-721 NFTs.

Here is a step-by-step guide on how to integrate ERC-721 NFTs with the Orium Marketplace:

Steps	Description
Read the Docs	Orium leverages the ERC-7432 standard to rent ERC-721 NFTs. Read the technical documentation of ERC-7432 to learn more about how it works.
Choose an Implementation	Orium aims to maintain an ERC-7432 contract deployed on every major blockchain. Read Choose an Implementation to decide if you can use the default one or prefer to work with us on a customized version.
Roles Definition	Read Roles Definition to learn more about how you can create the utility specification of your NFTs and enable your users to manage their assets' utility.
Add the Utility Specification to the metadata of your NFTs	Following the ERC-7432 Metadata extension, add a new roles JSON field in the metadata of your NFTs (according to the utility specification).
Implement Borrower Features	Update your Backend and/or Smart-contracts to allow borrowers to use the NFTs. See more at Implement Borrower Features
List your Collection!	Head over to Contact and ask our team to add custom art for your NFT Collections and set up Royalties!