# reNFT

**Source:** https://www.startuphub.ai/startups/renft
**Profile type:** Startup

> Web3 infrastructure protocol for collateral-free NFT rentals and monetization.

## About

reNFT provides essential infrastructure for the metaverse, enabling collateral-free and frictionless NFT rentals for users. Developers can easily integrate reNFT's plug-and-play SDK, while projects can leverage whitelabel solutions to build their own rental marketplaces. The platform also emphasizes composability within the Web3 ecosystem.

## Key facts

- **Slug:** renft
- **Website:** https://renft.io/
- **Location:** Singapore, Singapore
- **Founded:** 2020-01-01
- **Operating status:** Active
- **Total funding:** $2M
- **Sectors / tags:** Web3, NFT, DeFi, Blockchain, Fintech, Marketplace, Protocol, Metaverse, Infrastructure, Developer Tools, API Platform, Metaverse Interoperability
- **Social:**
  - Twitter: https://twitter.com/renftlabs

## Frequently asked

### What does reNFT do?

reNFT provides essential infrastructure for the metaverse, enabling collateral-free and frictionless NFT rentals for users. Developers can easily integrate reNFT's plug-and-play SDK, while projects can leverage whitelabel solutions to build their own rental marketplaces. The platform also emphasizes composability within the Web3 ecosystem.

### What is reNFT's revenue?

StartupHub estimates reNFT's annual revenue at $219K (range $179K to $463K, 27% confidence), based on comparable companies in the sector.

### What is reNFT's valuation?

StartupHub estimates reNFT's effective valuation at $8.0M (range $5.0M to $12.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has reNFT raised?

reNFT has raised a total of $2M in funding. The most recent round on record is Seed.

### Where is reNFT headquartered?

reNFT is headquartered in Singapore, Singapore.

### When was reNFT founded?

reNFT was founded in 2020.

### What industry does reNFT operate in?

reNFT operates in Web3, NFT, DeFi, Blockchain, Fintech, Marketplace.

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