LootRush, a blockchain gaming platform, has launched an NFT rental market and previously raised $12 million in a funding round led by Paradigm.

According to official sources, on November 10th, LootRush publicly launched an NFT rental market, allowing gamers to list their game NFTs for rent or borrow other gamers' NFTs for rental periods ranging from one day to one year. LootRush stated that its platform now supports the listing of game assets from over 1000 Web3 games for rental. Previously reported by BlockBeats, in May of last year, LootRush completed a $12 million seed round of financing, led by Paradigm and with participation from a16z, Y Combinator, and others.