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💡 Web3 Dictionary: NFT FRACTIONALIZATION 🧩🖼️
What is it?
NFT Fractionalization is the process of dividing a valuable non-fungible token (NFT) into many smaller, fungible tokens (usually ERC-20 standard), which are called fragments or shares.
Simply put, it's like splitting one road painting into thousands of shares that anyone can buy. This allows multiple investors to jointly own a part of a single NFT.
NFT Fractionalization is the process of dividing a valuable non-fungible token (NFT) into many smaller, fungible tokens (usually ERC-20 standard), which are called fragments or shares.
Simply put, it's like splitting one road painting into thousands of shares that anyone can buy. This allows multiple investors to jointly own a part of a single NFT.
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