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Cornell University developed a $2 rental solution for a $50,000 NFT technology.
GateNewsBot
Gate News bot message, a research team from Cornell University’s New York campus (Cornell Tech) has launched a blockchain asset temporary control technology called “Liquefaction”. According to TheBlock, this technology enables temporary usage rights to others’ blockchain assets under specific conditions, such as Bored Ape NFT.
In the actual demonstration, users pay 2 dollars to gain temporary access to an NFT valued at 50,000 dollars, but do not have full permissions such as selling. The research team’s technical solution involves multiple Blockchain application scenarios, including DAO voting, airdrops, and loyalty points.
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