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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Author: Eden Au
