Top 5 NFT Fractionalization Platform Projects to Watch in 2023
Fractional art and fractional NFT is not just a fancy word but a growing area this year suitable for investment. Among the biggest trends in crypto, non-fungible tokens and the technology behind them stand out. Non-fungible tokens, or simply NFTs, have been around since 2014, but they recently became popular in the crypto market as people’s focus shifted from trading to investing.
NFT is a unique and trending investment opportunity for everyone, and rightly so fractionalized NFT projects and fractionalized NFT platforms became. Fractal art didn’t exist for long, but given the popularity and demand for NFTs, fractal art examples became an alternative resource to secure. NFT is still a very versatile investment vehicle, but the way the use cases are growing is multiplied by fractional NFT projects. Companies like Nike, Coca Cola and even Macy’s have invested in NFTs this year.
But NFTs are also quite expensive examples of fraction art are available today. Fractionalized NFTs, or F-NFTs, are simply decomposed and smaller NFT shards that have multiple uses. There is an entire landscape consisting of various fractionalized NFT projects and platforms that one can take advantage of.
Let’s take a look at the top 5 NFT fractionalization platforms projects to keep an eye on in 2023.
Fractional.art
top fractionalization NFT marketplace
Leading the list of fractional NFT platforms has to be Fractional.art. It is a well-known marketplace where NFT communities create, using the Fraction Protocol, a permissionless smart contract. Fractional.art is accessible to everyone and fully 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 containing popular NFTs from collections like Cryptopunks and Etherrock.
Unic.ly
a decentralized fractionation NFT project
Unic.ly is a well-known fractional NFT platform that was created by OxLeia. If you need a well-known fractional NFT marketplace, Unic.ly is considered among the best available. Unic.ly has more features than just a place to buy/sell artwork, including swapping, farms, and other tools. On Unic.ly, NFT fractions are sold as uTokens that users can buy after a certain collection has completed 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 fractional NFT project that supports Solana, LIQNFT is the best platform to use. This platform enables users to buy or sell fractional NFTs and even serialized NFTs on the Solana blockchain.
With the possibility of serialization, users get full ownership of limited NFTs and prints of NFTs. 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 to pledge the NFTs in the treasury.
NFTfy.com
Fractional NFT platform with support for multiple blockchains
At NFTfy, fractionalized non-fungible tokens are divided into 3 steps. By doing this, a fractional marketplace allows users to sell their fractions collectively, like to a group of people or even other token holders before the fractionation happens.
This is a completely safe to use and decentralized marketplace where users’ NFTs are stacked into a contract. Unstacking your NFTs will cost you either the reserve price or 100% of the NFT in question. It should be noted that NFTfy supports fractionalization of NFTs on Ethereum, Polygon, Fantom, BNB and Avalanche.
NFTX
emerging fractional 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 groups of NFTs of equal value in index funds. Users receive NFTX, an ERC-20 token, when they contribute art to an index or purchase a portion of the index.
You can find lower value artworks mainly on the NFTX platform. This is the fractionation platform that uses the pooling of NFTs of the same value, which makes it different from all the above projects.
