Fractional NFT

Fractional NFT is a form of selling a single NFT in very small units. The advantage of this NFT is that it becomes easier for individuals to purchase and hold a certain percentage of NFTs. In addition, it is a structure that cannot be monopolized by one person, and multiple people divide and hold NFTs.​

For example, inn the United States someone tried to buy a first edition of the Constitution in the form of a DAO. Funding was done with Ethereum, but eventually it did not achieve its goal. If the first edition of the Constitution had been made in Fractional NFT at the time, many people could join in and share ownership of the first edition of the Constitution, and achieve their goals.​

As such, Fractional NFT is an evolutionary model of DAO by splitting the entire NFT and issuing one ownership as a token.​

Last updated