The problem Rent It Up solves

1. Access Rare and Powerful Tokens: New gamers and dApp users can access high-value, rare NFTs for a fraction of the cost of buying them outright. This opens up opportunities for users to enhance their gaming experiences or interact with unique digital assets.

2. Level-Up Game Assets: Token owners can "level up" their game assets without the need for extensive grinding or gameplay. By renting out their NFTs, owners can earn passive income while allowing others to enjoy and benefit from their assets.

3. Passive Income Generation: Token owners can set a rental price and duration for their NFTs, creating a passive income stream. They can earn rental income over time, making their NFT investments more lucrative.

4. Listing and Renting NFTs: Users can easily list their NFTs for rent on the marketplace, reaching a broader audience of potential renters. This simplifies the process of monetizing NFTs and connecting with interested users.

5. Flexible Rental Offers: Users have the option to make rental offers for NFTs that are not currently listed for rent. This feature expands the possibilities for acquiring desired NFTs and encourages engagement between token owners and users.

In summary, the NFT renting marketplace solves the problem of expensive and exclusive access to rare tokens, empowers token owners to generate passive income, and provides a secure platform for users to rent and utilize NFTs without ownership. It enhances the overall NFT ecosystem, making it more accessible, lucrative, and engaging for both token owners and users.

Deployed Contract Address - f5529c500b186adaa524dadf2e6822aa00e316bd945f7acbf599e8e926624b88

Challenges we ran into

As We made this project in less than 24 hours we faced and struggled many issues which are following:-

1. As we spent time on making our custom smart contracts and testing it, we find some difficulty on some renting logic but still we got timelock contract fully on chain made by us within given period of time.

2. As we were somewhat beginners to flow blockchain, we have a hard time figuring out the flow ecosystem lang.

3. We also faced many issues in which one of the major was the fcl integration with Next JS and Typescript.

4. As we used Niftory in our Dapp, some functionalities were and are still not working but we are sorting it out one by one.

5. There were some UI Issues in the app as well and also we weren't able to retrieve address as a string template in our Dapp.