Fractional NFTs Democratize Digital Art Investing
What are fractional NFTs?
Fractional NFTs (F-NFTs) are cryptographic tokens that represent fractional ownership in a non-fungible token.
In other words, F-NFTs allow investors to hold a share in an expensive tokenized item as opposed to being the sole owner. You can think of it as akin to shares in a company, except your share is in an NFT.
2021 has arguably been the year of non-fungible tokens (NFTs). With over USD 10bn in sales, the largely crypto art-driven NFT market could overtake the traditional arts & antique markets in sales by as early as this year.
One of the latest innovations in the NFT market is so-called “fractional NFTs,” which aim to provide fractional ownership of individual NFTs to allow more than one owner of a tokenized asset.
Read on to learn more about fractional NFTs and their use cases.