An overview of NFT fractionalization protocols

Sep 17, 2021 | The Block News | 0 comments

an-overview-of-nft-fractionalization-protocols

Quick Take

  • “The Doge NFT” is currently the most valuable fractionalized NFT with an implied valuation of $158 million
  • There are currently two ways to fractionalize NFTs: fractionalizing a single NFT or homogenizing multiple similar ones
  • Fractionalizing NFTs helps create liquidity that facilitates price discovery and democratizes NFT ownership

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