> For the complete documentation index, see [llms.txt](https://unitboxio.gitbook.io/unitbox-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://unitboxio.gitbook.io/unitbox-protocol/what-is-unitbox-ecosystem-and-unitbox-protocol.md).
# What is UNITBOX Ecosystem & UNITBOX Protocol?
UNITBOX is an ecosystem for the next generation of GameFi solutions wired around a core NFT rental protocol (UNITBOX Protocol), which forms the fundamental business idea and technical solution. The UNITBOX Ecosystem also features a GameFi NFT marketplace, a GameFi data aggregation hub, and an academy.
UNITBOX’s business model disintermediates the GameFi market by rapidly meeting the investment needs of GameFi communities through a range of products designed to simplify the experiences of everyday GameFi participants.
The core product, UNITBOX Protocol, is the first NFT rental solution that creates accessibility, improves management, and offers passive earning solutions for GameFi through an innovative revenue-sharing model powered by wNFT technology.
### Ecosystem Products
#### UNITBOX Protocol
UNIBOX Protocol creates efficiency for guilds, playing opportunities for players, and increasing the trading volume for games and a high-yield passive income tool for NFT owners through an innovative wNFT technology. The core technology developed by UNITBOX supports all NFT standards (ERC721, ERC1155) across blockchains. wNFT sets UNITBOX Protocol apart as a universal and chain-agnostic Rent-To-Earn solution connecting the GameFi community. WNFT sets UNITBOX Protocol apart as a universal and chain-agnostic Rent-To-Earn solution connecting the GameFi community.
#### Marketplace
The UNITBOX Marketplace is a multichain NFT rental market aggregator for GameFi NFTs. It features a separate interface for guilds, NFT owners, and players.
#### Hub
The hub is the home of data, analytical insights, and reports covering GameFi/DeFi users, games, guilds, metaverses, project launchpads, NFT marketplaces and rental information.
#### Academy
The academy is the learning platform for critical information about blockchain, DeFi, GameFi, guilds, NFTs, P2E, and yield farming.
### Who Can Use It?
UNITBOX Protocol fills the missing link and fulfills the unmet demands of games, guilds, and players and owners/investors who are the core participants in the GameFi sector.
#### Games
Through the UNITBOX marketplace, more users buying, selling, and renting NFTs will use blockchain games increasing the trading volume and direct NFT sales in these games. The seamless access to NFTs by players, and earning opportunities for owners create additional utility for GameFi NFTs. More utilities in turn lead to more demand for GameFi NFTs.
#### Guilds (Guilds Management Tools)
Guilds management is the guild interface on UNITBOX that lets guilds manage their NFT assets. When logged in, guilds can access 3 distinct categories for managing scholars, guild NFTs, and accessing player insights. With UNITBOX, guilds get access and decide using automated data on player performance, NFT performance, notifications, dashboards, and reports in one place. Guilds will also increase their user base as scholars find play-to-earn learning opportunities in the guilds on UNITBOX. Also, guilds can eliminate all manual processes and the risks of NFT transfer to players from their wallets.
#### Scholars
UNITBOX removes the access barrier in blockchain games by building a marketplace that supports all EVM blockchains where players can freely take NFTs, play the games they want, and get paid without upfront payment or purchase.
#### NFT Owners
UNITBOX Protocol creates a high-yield passive income tool for NFT owners. With UNITBOX’s wNFT solution, owners can securely lend and call back their NFTs anytime.
### What problems it solves
#### Games Problems
Games lack the capacity to acquire as many users as they need all by themselves. The trading volume and liquidity of their NFTs are also low. Added to these, is the limited utility of the NFTs in the games.
#### Guilds Problems
Guilds do not have a comfortable tool to manage their activities. Guilds currently use a lot of high-risk manual and repetitive processes such as putting data in spreadsheets and sending NFTs manually to players. Without live data and performance analytics right from the GameFi communities, guilds will be less efficient and less profitable. It is equally difficult for guilds to find and attract new talent.
#### Scholars Problems
There is a huge entry barrier for players in the current GameFi setup. Scholars often have to pay upfront for complete access, progress, or special advantages in the game.
#### NFT Owners/Investor Problems
Owners lack a way to securely lend and earn high yields from their NFTs. There is no flexible tool that enables owners to fully control rented assets and earn a predetermined income. Without control, the risks of renting NFTs were too high compared to the potential returns from NFT rental.
#### What is the Technology?
Wrapped NFT (wNFT) technology allows for the creation of a new digital asset by combining a non-fungible token (NFT) with a fungible token, providing additional utility and liquidity to the original NFT. These NFTs allow owners to rent out their assets in decentralized platforms on multiple blockchains. When an NFTs is deposited on UNITBOX Protocol the deposited NFT goes to the UNITBOX Protocol smart contract where it is locked. Subsequently, the wNFT contract mints a wrapped version of the same NFT which has the same metadata as the original NFT. wNFT is therefore of the same standards (ERC721 or ERC1155) as the original NFT.
In summary, wNFTs in the UNITBOX protocol allows NFT owners to earn rental income from their assets across multiple blockchain networks, while also providing a more affordable way for renters to access rare in-game NFTs. Through wNFT, NFT owners can also call back their NFTs whenever they want by clicking a button. When they do this, the wrapped NFT gets burnt and the original NFT goes back to the owner. The issuing smart contract for wNFT has a noTransfer function which prevents the sales or transfer of wNFT assets on third party marketplaces like OpenSea. Gaming rewards are also loaded in the collateral issued wNFT pending the distribution of profits to owners and scholars.
UNITBOX’s tested and reliable wNFT technology is the most secure and efficient collateral-free rental mechanic at the moment. It resolves ownership risks associated with the transfer of NFTs and helps owners retain control of their prized assets. Multichain allows games in all EVM-compliant chains to work with UNITBOX Protocol. As blockchain games evolve to support multiple blockchains, the UNITBOX ecosystem will also evolve to support newer NFT standards, making it easy for games to work with the tools available. UNITBOX’s solutions will grow with the industry which makes it highly scalable.
### Additional Use Cases
UNITBOX Protocol is a flexible NFT rental solution that has a large number of use cases for P2E games, metaverses, and GameFi guilds.
#### P2E Games
UNITBOX Protocol makes it possible for users to rent anything possible in P2E games.
* Players can rent in-game characters.
* Players can rent weapons and gear in their favorite games.
* Rare gaming items such as health boosters, secret keys, and automobiles can also be rented.
#### Metaverses
UNITBOX Protocol makes renting in the virtual world possible.
* Individuals in virtual worlds can rent virtual lands, event spaces, and more.
* Renting clothes and other wearables in the metaverse will also be possible with UNITBOX Protocol.
#### Guilds
Guilds will also benefit from integrating UNITBOX Protocol
* By Integrating UNITBOX in guilds, guilds will have an instrument for managing scholars and renting NFTs out to specific gaming talents.
* Guilds get increased access to all games giving them the option of switching between projects in case a project fails.
* Guilds do not need to bear unnecessary risks or losses since NFTs cannot be resold, and they can track player activity and callback NFTs whenever they deem fit.
#### Spillover Benefits of UNITBOX Protocol
Through the development of the NFT market and NFT rental solutions, the following new use-cases become possible through wNFT/UNITBOX Protocol.
* Real estate renting.
* Public transport passes.
* Carsharing.
* Temporary access to databases and other resources.
#### WhiteLabel
Developers can also use the UNITBOX rental marketplace as a Whitelabel solution for creating their projects with internal NFT rental possibilities. The UNITBOX Whiletalbel NFT solution will also increase trading volume for NFTs in upcoming projects, lower the barrier to entry, and increase the number of users and adopters of these projects.
#### Assets Security
UNITBOXs wNFT provides a secure rental infrastructure application using wNFT to make NFT renting possible without transferring ownership of the assets. Transfers are impossible due to a hard-coded function noTransfer function in the UNITBOX Protocol smart contract, making third-part sales of wrapped NFTs impossible.
UNITBOX’s developers have decades of experience building technical sides and implementing advanced security for blockchain projects. When users deposit NFTs for rent, they trigger the issuance of a new wrapped NFT with the same properties as the original NFT. When the rented NFT is called back, the issued wNFT is burnt.
#### Business model
UNITBOX is a market aggregator that brings GameFi communities together.
UINTBOX is a market aggregator creating opportunities for GameFi and other DeFi communities. It achieves this through its unique NFT rental protocol, UNITBOX Protocol, a hub for critical industry analytics, and an academy for diverse knowledge and updates in DeFi.
The UNITBOX business model is a disintermediating UBER-Like model that expands existing markets to create a new and larger market. Ridesharing ideas started with Uber, but soon it became a billion-dollar industry for several other businesses that used the same model. Like UBER, the UNITBOX protocol offers an earning tool through guilds to owners while creating the opportunity for scholars.
#### Fees and charges from UNITBOX (Treasure)