Renting an Island
Island owners (ISLAND NFT holders), can rent their island to other players. In return for paying rent in $DGOLD, the tenant gets full access to the island for a set duration.
The tenant keeps all the materials mined and a percentage of the $NUGGETS and $DGOLD.
- The island owner of the island will set the status of the island to “Available to rent”
- The island owner will select the percentage split of $NUGGETS mined. The default is 30% to the island owner, 70% to the tenant
- The island owner will select the duration of the rental period from 30 days to indefinite
- The island is then available on the Degen Islands Marketplace for other players to find
- The owner sets a rental cost in $DGOLD that is paid monthly
Objects | Can be mined by the tenant |
|---|---|
Materials | Yes - Tenant keeps all mined materials |
Items | No |
$NUGGETS | Yes - Any $NUGGETS mined will split between the island owner and then tenant |
$DGOLD | Yes - Any $DGOLD mined will be split between the island owner and the tenant |
Gems | No - Any gems that are mined are added to the island owners wallet |
When the island is placed on the marketplace for rent, the island owner will set the $NUGGET and $DGOLD split. The tenant (the player renting the island) will keep all the materials he mines and a percentage of the $NUGGETS and $DGOLD that he mines.
The default $NUGGET split is:
- 30% to the island owner
- 70% to the tenant
The default $DGOLD split is:
- 30% to the island owner
- 70% to the tenant
At the end of the rental agreement the tenant is removed from the island and control of the island returned to the island owner. Any materials, props or $NUGGETS left behind by the previous tenant becomes the property of the island owner.
Renting and Free-to-Earn are very similar. There are some key differences:
- Multiplayer - Players that renting an island can invite other players into the island. Free-to-Earn players cannot
- Rent - Players renting an island have to pay a rent in $DGOLD to enter. There is no fee for Free-to-Earn
- Duration - When renting an island the minimum duration is 30 days
- Resource split - Typically, players renting an island will keep a greater percentage of $NUGGETS and $DGOLD mined
- Building - Tenants can build on the island they are renting. Free-to-Earn players can only mine
- Multiplayer - Players that renting an island can invite other players into the island. Free-to-Earn players cannot
Phase 3 - Q1 2023
Last modified 10mo ago