The Gray Boys are opening their Proxy Marketplace, giving holders of Gray Boys NFTs the ability to borrow NFTs owned by the Gray Boys DAO, and also providing a feature that allows holders of some NFT collections to rent out their NFTs!
The Gray Boys proxy utility is taking a big step forward with the introduction of the new one Proxy marketplace. This market allows any Gray Boys NFT holder to borrow any number of NFTs from the Gray Boys DAO Vault!
The only caveat to this tool is that you will need to install the proxy browser to make use of these rented NFTs. The Proxy Browser is currently only available for Windows (macOS version coming soon) and takes up approximately 400 MB of disk space.
Once installed, you can launch the Proxy Browser when viewing the NFT you have on loan/rent. This will then launch a custom Chrome browser already configured with the proxy wallet, giving you temporary ‘ownership’ of the borrowed NFT. For example, as a Gray Boys owner, I was able to try an Azuki NFT for free for a day just by signing a transaction on the marketplace. You don’t even have to pay a gas fee. Then when I visit the Azuki site through the proxy browser, it shows me as the owner of that Azuki!
Do I have control over the borrowed NFTs?
Because this is all proxy, the NFT itself never leaves the Gray Boys’ vault. Instead, you essentially get a counterfeit wallet through the Proxy Browser to make it look like the NFT is actually in your possession. So no selling, trading, moving or otherwise altering the NFT itself.
However, many NFTs offer benefits including access to early playtests, membership in exclusive Discord channels, or even act as a gateway to playing a game, like the HV-MTL NFTs for HV-MTL Forge. The Gray Boys DAO happens to own a HV-MTL NFT. So if you rent it, you can also try out HV-MTL Forge without ever owning the required NFT!
You could even nest these proxies by renting a Gray Boys NFT, which will then allow you to borrow NFTs from the Gray Boys DAO Vault, which will likely contain a growing number of items!
You can visit the proxy marketplace to see what’s available.
Rent your NFTs on the Proxy Marketplace
Additionally, owners of certain NFT collections can make their NFTs available for proxy rentals! The list of available NFT rentals is currently short (I couldn’t find an official count), but it will certainly expand as the team builds backend support and more users join the marketplace to list their NFTs for rent. I do know that the proxy market currently supports custom rentals for Gray Boys and for Otherdeeds.
Setting up a rental on the Proxy Marketplace requires a one-time transaction fee per collection and granting the Marketplace access to those NFTs.
What are gray boys?
The gray boys are a profile photo project with a ‘grey alien’ theme and DAO management over a community wallet. Gray Boys consists of 10,000 generated NFTs, released in November 2021. Every Gray Boy owner will automatically receive membership in the Mothership DAO. The DAO received 30% of ETH from the initial coin sale and also receives any fees for secondary market sales. DAO members make proposals for spending ETH from this fund and vote on each proposal.
Gray Boys provide proxy access to all NFTs owned by the Gray Boys DAO. The Gray Boys collection is also closely tied to Hytopia, and custom avatars will be available in that Minecraft-themed sandbox-style metaverse.
You can pick one up Gray Boys NFT from OpenSea (current minimum price of approximately $177 USD), or rent one from the Gray Boys Proxy marketplace!
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