a year ago
What Are Fractional NFTs (F-NFTs) and How Do They Work?
Fractional NFTs (F-NFTs) are, you probably guessed it, shares of a single NFT.
You split up the original NFT (remember: non-fungible means it is not equal to any other token) into several fungible tokens (ERC-20 tokens) that represent a claim on the original NFT. It is basically the digital equivalent of receiving an IOU that says "you own X % of this Bored Ape/Crypto Punk."