Executive summary: What Are Fractional NFTs (F-NFTs) and How Do They Work?
There's this new sorcery called fractionalized NFTs. In this article, I look into whether it's a scam worth knowing about or whether you should put your shekels elsewhere.
What you will learn:
- What fractional NFTs are and if they are a good investment.
Executive summary:
- Fractional NFTs are shares of a single (valuable) NFT.
- F-NFTs shill some advantages like democratization, increased liquidity, and price discovery (but let's face it, these are BS).
- The F-NFT sales pitch is that they will be used in art, real estate, and gaming.
- Are they a good investment? Well...
Full article:
What Are Fractional NFTs (F-NFTs) and How Do They Work? | CoinMarketCap
Well, you can neither own a Bored Ape nor Mona Lisa with a McDonald’s wage. But you can own a fraction of a Bored Ape.
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