Top 5 NFT Fractionalization Platforms Projects To Watch in 2023

0
70

Fractional art and fractionalized NFT is not just a fancy word but a growing space this year fit for investing. Among the biggest trends in crypto, non-fungible tokens and the technology behind them stand out. Non-fungible tokens, or simply NFTs, have existed since 2014, but they became popular recently in the crypto market when people’s focus shifted from trading to investing.

NFT is a unique and trending investment opportunity for everyone, which is how fractionalized NFT projects and fractionalized NFT platforms came into existence. Fractional art did not exist for a long time, but given the popularity and demand for NFTs, fractal art examples became an alternative asset to secure. NFT is still a highly versatile investment asset, but the way its use cases are growing, fractionalized NFT projects are multiplying. Companies like Nike, Coca Cola, and even Macy’s have invested in NFT this year.

But NFTs are also quite expensive, although fractional art examples are available nowadays. Fractionalized NFTs, or F-NFTs are simply decomposed and smaller NFT shards that have multiple use cases. There is an entire landscape consisting of various fractionalized NFT projects and platforms that one can benefit from.

Let’s take a look at 5 top NFT fractionalization platforms projects to keep an eye on in 2023.

Fractional.art

top fractionalization NFT marketplace

The one leading the list of fractionalized NFT platforms has to be Fractional.art. It is a well-known marketplace where NFT communities mint using the fractional protocol, a permissionless smart contract. Fractional.art is accessible to all and completely decentralized as well.

As per security, the marketplace has been audited and secured by Harchi Audit and PeckShield, respectively. More than 1100 NFT vaults are available that contain popular NFTs from collections like Cryptopunks and Etherrock.

 

Unic.ly

a decentralized fractionalization NFT project

Unic.ly is a well-known fractionalized NFT platform that was created by OxLeia. If you need a reputed fractionalized NFT marketplace, then Unic.ly is considered among the best ones available. Unic.ly has additional functionalities than just a place to buy/sell fractional art examples, including swaps, farms, and other tools. On Unic.ly, NFT fractions are sold as uTokens that users can buy after a certain collection completes voting.

This platform is compatible with two token standards, namely: ERC-11155 and ERC-721. Users can only buy/sell ETH-based NFTs.

 

LIQNFT

secure platform to fractionalize Solana-based NFTs

If you want a fractionalized NFT project that supports Solana, then LIQNFT is the best platform to use. This platform enables users to buy or sell fractionalized NFTs and even serialized NFTs on the Solana blockchain.

With the option of serialization, users obtain full ownership of limited NFTs and prints of the NFT. All such NFTs will be stored in a vault called the LIQNFT Treasury. Users are able to define the parameters they want while paying fees for pledging the NFTs in treasury.

 

NFTfy.com

Fractionalized NFT platform with multi-blockchain support

At NFTfy, fractionalized non-fungible tokens are broken down in 3 steps. By doing so, a fractionalized marketplace allows users to sell their fractions collectively, as in to a group of people or even other token holders before the fractionalization occurs.

This is a completely safe-to-use and decentralized marketplace where users’ NFTs are stacked into a contract. Unstacking your NFTs would cost you either the reserve price or 100% of that particular NFT. It should be noted that NFTfy supports fractionalization of NFTs on Ethereum, Polygon, Fantom, BNB, and Avalanche.

 

NFTX

emerging fractionalized NFT platform

NFTX uses an index fund approach to do what other previously mentioned fractionalized NFT projects do. This decentralized protocol allows you to find pools of NFTs having equal value in index funds. Users receive NFTX, an ERC-20 token, when they contribute art to an index or purchase a slice of the index.

You can find lower-value artwork mainly on the NFTX platform. This is the platform for fractionalization that uses pooling NFTs of the same value, making it different from all of the above-mentioned projects.

 

Credit: Source link

Join Binance

LEAVE A REPLY

Please enter your comment!
Please enter your name here