After discussions with CameronGBM, I am proposing the introduction of LAND rent within The Sandbox using the GBM auction system.
This concept aims to make LAND rentals transparent and efficient through a fair bidding process that benefits all participants.
Significance for stakeholders:
• **LAND Owners:** Gain flexible and automated rental income opportunities with transparent pricing.
• **DAO:** Establishes a sustainable ecosystem where DAO fees contribute to future development.
• **The Sandbox:** Strengthens the in-world economy and promotes active LAND utilization.
• **Creators & Players:** Gain access to premium LANDs more easily, enabling creative projects and gameplay experiences.
Fee and structure details:
• **GBM fees:** To be clarified after further discussions with CameronGBM.
• **My fees as a LAND rent promoter:** To be specified at a later date.
• **DAO fees:** To be determined and announced later.
• **Details of LAND rent functionality:** To be decided through DAO discussions.
This proposal will be updated periodically as the concept develops.
I would like to discuss the period of rent, whether it is possible to buy or sell during rent, etc.
I would also like to be able to see a record of my rent history.
Do you also need the following?
past rent
Contract period
Total revenue amount
Revenue ranking of all lands
average rent
Display of top creators who have borrowed the Land, etc.
Lending income for one year
Comparison with surrounding land
Record high rent (vs. USD, vs. ETH, vs. SAND, etc.)
vacancy rate
What genre was Land used in (type of content, game, gallery, event space, etc.)
Location evaluation from renters
Intuitive display with graphs and heatmaps
Automatic renewal. If both the renter and rentee click this option, the rent will continue uninterrupted for the renter. This is important for game devs who require uninterrupted service