đŸĒ™Fractionalized NFT Tutorial

This section introduces you to the prerequisites and steps involved in fractionalizing an NFT.

This tutorial will guide you through the steps required to fractionalize an NFT. Let's start by reviewing the necessary prerequisites:

1. Lock Original NFT in a Contract

Before fractionalizing your NFT, it's essential to lock the original NFT in a smart contract. This ensures that the total supply of fractions is limited, preventing dilution of ownership over time. By restricting the creation of new fractions, investors can maintain the value of their shares.

2. Enable NFT Owners to Lock Assets

Provide a mechanism for NFT owners to lock their assets securely. Upon locking their NFT, owners should receive semi-fungible tokens (SFTs) representing their fractional ownership. This process allows NFT owners to participate in fractionalized ownership while retaining control over their assets.

Proceed to the next section to begin!

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