Unicly To Allow Users To Combine, Fractionalize, And Trade NFTs With Guarante...
Capitalizing on blockchain technology, Unicly is deploying a novel protocol to fractionalize and pool liquidity for NFTs, allowing users to own portions of collections and resell them as fungible tokens. A New Means To Combine And Split NFT Collections Interest in NFTs has skyrocketed over the last few months, increasing the overall NFT market capitalization to more than $430 million. Several renowned personalities, including artists, performers, and content creators, are embracing this new way of […]
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Unicly’s decentralized and permissionless protocol empowers the community to fractionalize, combine, and trade non-fungible token collections through sharding, improving overall NFT accessibility and fungibility through its novel design. Accompanying Unicswap DEX Attracts Millions In Liquidity Non-fungible tokens have become all the rage as platforms onboard high-profile artists, entertainers, and evangelists seeking a new way to […]
As Unicly advances NFT combination, fractionalization, and trading, an integration with Sushiswap’s auction platform is designed to promote better pricing conditions for utoken creators and buyers. Collaboration Designed to Improve NFT Price Discovery Process Despite the cooling hype surrounding NFTs, there has been no shortage of innovation in the space as non-fungible token projects explore other use cases. Echoing the fractionalization that blockchain technology champions in other areas, up-and-coming projects are embracing similar methodologies in the NFT arena. Fractionalization....
Fractional NFTs enable users to divide an NFT into multiple fractions, reducing the barrier to entry for investing in real-world assets. While nonfungible tokens (NFTs) are currently suffering in the bowels of a bear market, some are using this time to build and develop new concepts with the technology.Once such new concept is fractional NFTs — an iteration of NFTs that enable multiple investors to own a piece of a single token. These NFTs differ from regular NFTs in that they employ smart contracts to fractionalize the token into a number of parts predetermined by the owner or issuing....
Two new projects aim to bring NFTs to the masses by breaking them apart. Non-fungible tokens and crypto art have taken the industry by storm in 2021 and a number of projects aim to fractionalize pieces of NFTs to give collectors' partial ownership rights.Projects that break apart, or fractionalize, non-fungible tokens are gaining interest following a number of groundbreaking sales that are beyond the reach of most investors.With pieces such as Beeple’s “Everydays: The First 5000 Days” fetching a record-breaking $70 million, not everyone has pockets deep enough to bid on such extravagances.....
LABS Group and Refinable have decided to join hands and make real estate trading more accessible and convenient for individuals. With this newly established partnership, users will be able to tokenize and fractionalize real estate assets on Refinable’s fast, cost-effective and user-friendly NFT platform. Refinable is the first major NFT marketplace on Binance Smart Chain […]