Table of Contents
What is a divisible NFT?
Why do we need divisible NFTs?
F-NFT has the following characteristics:
Home web3.0 Understanding Divisible NFTs: Breaking down the full picture of divisible NFTs

Understanding Divisible NFTs: Breaking down the full picture of divisible NFTs

Jan 26, 2024 pm 03:36 PM
Blockchain Virtual currency

php editor Strawberry will introduce you to a hot topic today - detachable NFT. With the rise of blockchain and crypto art, NFTs (non-fungible tokens) have become a popular form of digital artwork. Divisible NFT is an innovative concept that allows users to split an NFT into multiple parts and trade them on the market. In this article, we will analyze in detail what divisible NFT is, as well as its applications and impacts. Let us understand this emerging concept together!

Understanding Divisible NFTs: Breaking down the full picture of divisible NFTs

What is a divisible NFT?

Fractional NFT, or F-NFT, refers to splitting a complete NFT into multiple small pieces so that multiple people can jointly own part of the NFT. Segmentation is performed through smart contracts to generate several "fragmented" NFTs related to the original NFT. Each holder owns a certain percentage of the NFT and can trade it on the secondary market.

A divisible NFT is a digital asset that, unlike traditional non-fungible tokens (NFTs), can be subdivided into smaller units. The following is a detailed introduction to non-fungible tokens and divisible NFTs:

Non-fungible tokens (NFTs) are a type of digital asset that represent unique, irreplaceable items or digital content. Such as artwork, music and virtual land. Unlike other tokens, each NFT has unique properties that make it special. NFTs have attracted widespread attention in fields such as digital art, entertainment, and virtual reality due to their uniqueness and scarcity.

Traditionally, NFTs are non-divisible, that is, they cannot be divided into smaller units to maintain their uniqueness. However, some projects and platforms are trying to explore the concept of divisible NFTs. This divisible NFT can be divided into multiple parts, with each part representing a portion of the NFT's rights. In this way, holders can choose to divide their NFT into smaller shares, so that more people can participate and enjoy the benefits. The emergence of this divisible NFT provides opportunities for wider participation and investment, while also bringing more liquidity and flexibility to the NFT market.

Divisible NFTs can be shared by multiple people, splitting them into smaller units for trading or sharing. In this way, multiple investors or collectors can jointly purchase and own a digital asset, thereby lowering the price threshold for a single NFT. Creators will also have more sales and promotion options.

Why do we need divisible NFTs?

F-NFT, on the one hand, lowers the threshold for investors, allowing more people to participate in the NFT ecosystem and promote its development. On the other hand, F-NFT increases the liquidity of NFT artworks, allowing creators to participate more in the benefits of their works. Therefore, it is a very friendly solution for both investors and art creators.

F-NFT has the following characteristics:

1. F-NFT not only has common sharing, but the functions or services provided by the token must also be shared.

2. When purchasing or reselling all or part of the tokens held by other stakeholders, other owners shall not be harmed in any way.

3. Stakeholders must not harm other owners in any way when using tokens. Ideally, different owners must use the token at the same time.

The above is the detailed content of Understanding Divisible NFTs: Breaking down the full picture of divisible NFTs. For more information, please follow other related articles on the PHP Chinese website!

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