Would it be possible to?

[mg]

@HoloRolnik

There are ways. Let’s say you provide commercial rights to your APE with a monthly agreement. The ownership of the ape should be constant for a specific time period, let’s say 3, 6, or 12 Months. The payment would be split and the final payment would be executed after the period final period. Lets say 12 months.

For something like this to work, the NFT needs to become non-transferrable for that period of time. Otherwise it’s trivial for someone to temporarily grant license, and then sell the underlying asset.

But locking the NFT introduces a number of concerns:

• The asset would now be locked within a smart contract
• $APE staking tied to the asset would no longer be possible
• If AIP-4 were to play out exactly as they say, if the owner staked their $APE, and used an NFT to do so, and then later used the license-lending contract, they may actually lose withdrawal access to their $APE for the duration it’s locked in the smart contract because the NFT is required to unstake