Fractionalized NFTs – Divide and Conquer

NFT is a new thing in the blockchain ecosystem that everyone in the crypto space talks about. However, not everyone can afford buying NFT pieces that cost $70 millions like Beeple’s famous piece sold on the NFT auction recently.

Two projects at once have enabled the investors to buy only a part of NFT piece. This is a very convenient option that aims to involve more people into an NFT space offering them a more affordable investment.

Fractional and DAOfi projects are focused on offering the investors new opportunities with NFTs. Fractional allows them minting tokens of fractionalized ownership and creating liquidity without selling full pieces. DAOfi is a decentralized exchange to trade the fractionalized NFTs by breaking them into fungible ERC20 tokens. 

Post a Comment