Two new projects aim to bring NFTs to the masses by breaking them apart.
Non-fungible tokens and crypto art have taken the industry by storm in 2021 and a number of projects aim to fractionalize pieces of NFTs to give collectors' partial ownership rights.
Projects that break apart, or fractionalize, non-fungible tokens are gaining interest following a number of groundbreaking sales that are beyond the reach of most investors.
With pieces such as Beeple’s “Everydays: The First 5000 Days” fetching a record-breaking $70 million, not everyone has pockets deep enough to bid on such extravagances. The buyer, known by the handle “MetaKovan”, purchased the piece for an NFT fund.
Source:
Cointelegraph