NFT Marketplace development company (1)

1
NFT MarketPlace Development Company

• BLOCKCHAINX

2
(No Transcript)
3
Fractional NFT Marketplace Development Non-Fungibl
e Token Marketplaces(NFTs) are digital assets
that represent something different, such as an
individual visual character or object in a
blockchain game. They are different from
traditional fungible tokens (think Bitcoin or
Ethereum). Each token is unique and cannot be
changed into another token What are Fractional
NFTs? Fractional NFTs form the next generation of
the rapidly growing industry in crypto,
decentralized, and blockchains. The process of
dividing NFT ownership into lesser fractions is
known as NFT fractionalization. This allows one
NFT to be owned by multiple users. Fractional
NFTs are fairly self-explanatory- NFT (usually
ERC-721 standard), is taken and locked in a smart
contract, where it can be broken into fungible
ERC-20 tokens of equal value. From there, one can
buy as many NFT shares as one likes.
4
Benefits of NFT Fractionalization Some of the
benefits of fractional NFTs for investors and
artists 1- F-NFTs benefit artists by
effectively monetizing artistic works.2-
Investors of all sizes can now own NFTs through
F-NFTs.3- NFT owners can drive interest in their
assets by offering greater participation through
fractionalizing ownership.4- The creators of
fractionalized NFTs can sell a fraction of their
NFTs without having to sell the entire thing.5-
An annual curator fee can be earned by owners who
convert NFTs into F-NFTs. 6-NFT marketplace
developmentUse cases of Fractional NFTs.
5
WEBSITE https//www.blockchainx.tech/nft
-marketplace-development MAIL
contact_at_blockchainx.tech COMPANY
BLOCKCHAINX