Fractional NFTs - What they are and How they workby@vincentstephen
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Fractional NFTs - What they are and How they work

by Vincent Stephen4mSeptember 5th, 2022
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NFTs - non-fungible tokens - a new blockchain-based technology used to represent digital assets such as pictures, songs, digital real estate, etc. They are indivisible because they are used as representations of digital assets. Fractional NFT tokens are just fractions of an original NFT that is divided into smaller pieces for many people to claim their ownership over it. They can be traded or exchanged like the original one but with a smaller value and at a lower price. They have more liquidity as it is easier to find and buy a part of an NFT when it is divided.

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Vincent Stephen

Vincent Stephen

@vincentstephen

Love the smell of money

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Vincent Stephen@vincentstephen
Love the smell of money

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