Elastic

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Welcome To Elastic!

ABOUT

Elastic is a platform and search engine for renting and searching NFTs by their benefits provided to the owner.

THE PROTOCOL
  • List any ERC721 NFT by highlighting the benefits of renting it, set rent you'd like per day and the collateral needed to be deposited for a rental period.
  • When a rental period ends the rentee pays back the amount owed with all stages of the agreement being tracked by the Elastic user interface.
  • If the rentee fails to pay the agreed upon amount or they do not return the NFT, the lister has the option of withdrawing the collateral amount.
  • Upon each successful return of an NFT rental the rentee and renter will recieve an IPFS receipt of their agreement for legal records/accounting.
THE TOOLS
Elastic List

Use the List tab to place your NFT on the Elastic rental marketplace.

Elastic Dashboard

Use the Dashboard to track the NFTs you have listed on the Elastic marketplace as well as the rental agreements entered into.

Elastic Search

Search NFTs by their benefits provided by a rental and enter into new rental agreements.

HackFS ETHGlobal Hackathon 2022