Multifunctional Fractionalized NFTs: Concept and applications

Nft Marketplace Development Company13 Mar, 2023Technology

NFTs or Non-Fungible Tokens are digital certificates issued on a blockchain that are linked to physical or digital assets. The blockchain records of NFTs are immutable, meaning they cannot be modified or erased, making them highly valuable. NFTs prove an asset?s originality, which increases its value. However, NFTs can be costly and limit potential buyers. Enter multifunctional fractionalized NFTs, which enable a wider range of investors to participate in the market. Let us explore the world of fractionalized NFTs.

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