Bored Apes Yacht Club tokens can now be rented

Bored Apes Yacht Club tokens can now be rented

Mouse Belt Labs has announced the launch of a new marketplace called “Boredjobs.” The project allows commercial enterprises to rent a token from the BAYC collection.

In theory, the firm expects to attract all token holders to the initiative. As a reminder, there are 10,000 NFTs in the BAYC collection. And, of course, this is only possible with the approval of the participants.

The project allows users with a “bored monkey” to generate a kind of passive income. The token is positioned as virtual property, and it can be transferred for a while without loss of rights.

The tenant company, in turn, gets a recognizable “face” to promote it in the market. Mouse Belt Labs co-founder Patrick McClain says the portal received about 200 applications from interested entrepreneurs on the first day.

“We just developed a way to tie a commercial brand to the Apes Club. All the terms, including ownership and cost, will be 100% agreed upon between the parties,” the businessman noted.

Mouse Belt Lab will act as an intermediary and guarantor of the deal. This gives the agreement additional weight and levels out some of the risks.

Even if the owner of the token does not plan to rent it out, it is worth registering on the official portal. In this way, you can confirm your rights, obtain a license and view offers from companies.

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