The Protocol
Hold-To-Earn
Capsid's Hold-To-Earn protocol is an NFT derivative protocol, which enables NFT owners to provide more utilities to the ecosystem, and, at the same time, generate income, without risking losing ownership.
With Capsid's Hold-To-Earn protocol, NFT owners are able to issue Non-Fungible Rights (which are by themselves NFTs). An Non-Fungible Rights is tradable, and hence grants the owner rights to use on the underlying assets. On one hand, it generates income for the owner of the underlying assets. On the other hand, the rights owner is authorized to develop and monetize NFT derivative artworks and/or services.
One example use case of this protocol is automatic (in the sense that no manual intermediary needed to facilitate the transaction) short-term rental of in-game assets for blockchain-based games.
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