Cornell University developed a $2 rental solution for a $50,000 NFT technology.
Gate News bot message, a research team at Cornell University's New York campus (Cornell Tech) has launched a blockchain asset temporary control technology called "Liquefaction." According to TheBlock, this technology allows for temporary usage rights of others' blockchain assets under specific conditions, such as Bored Ape NFT.
In the actual demo, users pay $2 to get the temporary right to use $50,000 worth of NFTs, but they don't have full rights such as selling. The research team's technical solutions involve multiple blockchain application scenarios such as DAO voting, airdrops, and loyalty points.