MeebitsDAO’s SZNS Collection is now <Rentable>
MeebitsDAO will soon start earning $ETH by renting out Meebits in their SZNS Collection through the Rentable platform.
Proceeds from Rentable go to MeebitsDAO’s safe.
The MeebitsDAO x Rentable collaboration shows one of many ways how Collections on SZNS can leverage innovative protocols to benefit their community.
<MeebitsDAO x Rentable> on SZNS
Meebits are 20,000 premier 3D voxel characters. MeebitsDAO created the MeebitsDAO Pool on SZNS, holding over 90 Meebits fractionalized into $MBBT. MeebitsDAO has been innovating the ecosystem around Meebits since launch—lowering the entry barrier to owning Meebits, creating unique 3D Meekicks shoes, and more.
Now, they are partnering with Rentable to create something truly unique: Rentable Meebits.
Meebits Rentals 🤝 MeebitsDAO Revenue
Anyone can now rent Meebits for under 0.01 ETH per day and get access to community, content, and exclusive events in the metaverse. Users simply find one of the two available Meebits on the Rentable marketplace, select the rental duration, and sign the transaction.
On the other side of the transaction, MeebitsDAO will generate revenue on the over 90 Meebits held in their SZNS Collection. The rental income will go to a decentralized wallet (i.e., Gnosis safe) held by MeebitsDAO. The $MBBT holders can collectively decide what to use the funds for, from purchasing additional Meebits to distributing ETH back to the holders.
This partnership unlocks idle NFTs in the collection and creates value for both MeebitsDAO and the renters on Rentable.
Powered by SZNS Collections
At SZNS, we are proud to power the Rentable MeebitsDAO partnership. Many fractional NFT platforms can fractionalize NFT collections. But on SZNS, holders of fractional tokens have complete control over the collection—from common tasks such as listing an NFT on OpenSea to more complex tasks like interacting with Rentable’s contracts.
By using custom proposals on SZNS, holders can propose any arbitrary transaction that, once passed by vote, will be executed directly on chain.
A community proposal was the first step to making this partnership possible. After it passed, two Meebits were listed on Rentable. This simple proposal system represents one of the first examples of composability and interoperability in NFTs, with many more to come.
SZNS is gearing up for its public launch soon. Stay tuned and follow us on Substack, Twitter and Discord to see how SZNS unlocks value for collectors as we build and improve the ultimate tool for NFT collectives.
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