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LendIT - an NFT rental system

RejectedGrant Request

Proposal Details

Author0xbd37…1703
PublishedAug 09, 2022 10:52
Voting beginsAug 09, 2022 10:52
Voting endsAug 23, 2022 10:52
Snapshot#fkreibj

Grant size

75,000 USD

Tier

Tier 5

Beneficiary

0x4043…181e

Description

Even tho NFT is one of the hottest trends nowadays, our team has figured out that there is one important part of the whole system missing, which is the mechanism of NFT lending. Let`s imagine a situation, where an average gamer wants to purchase a certain item in the videogame, a conditional sword, to deal tons of damage to his enemies, but it is too expensive for him. In this case, only his wallet will take a lot of damage. Fortunately, the MeGaDev team sees a solution. In our opinion, the player would be happy to rent this item, so they can feel all of its properties and enjoy the gameplay.

Voting Power

02M4MRequired to pass08/0908/1208/1608/1908/22
YesNo

3 Comments

daoAug 23, 2022

LendIT - an NFT rental system This proposal is now in status: REJECTED. Voting Results: * Yes 1% 16,608 VP (13 votes) * No 99% 1,483,616 VP (31 votes)

DedHeadJAug 21, 2022

It is nice to see that you put some thought around a proposal however this is a large grant size request without enough detail, and I don't see a clear roadmap around the project plan. In addition, you haven't answered prior questions. For me this would be a no at this time. If you can provide more detailed project and pricing specifications, I would also consider revisiting my vote.

CanessaAug 10, 2022

Hi there, Thank you for taking the time to write out a proposal. I do not see any clear breakdown of the personnel who will be working on the project, only examples of previous work. Can you offer a clear breakdown of funds? Can you tell us which NFT's will be included in this? Do you plan to use in-game NFT's like wearables, land, or names? For a grant this size I'd like to see a lot more details. Also consider minting your username, as it is the basic gesture that shows you have a stake in the Decentraland metaverse. For these reasons I am voting no. I'd be happy to reconsider changing my vote to a yes in the future if you address some of these above issues. Thank you, Canessa