For ease of expression, we will use BAYC as our target NFT to be fractionalized. The following rules will apply to other NFT collections, such as CryptoPuns, Sandbox, and Otherdeed. In the previous chapter, we have introduced the different NFT fractions of Fracton Protocol - Blind Box, People's BAYC and hiBAYC. More importantly, Fracton designed the Meta-Swap mechanism to support multi-way exchange in the system, which allows users to trade, arbitrage, and redeem in one stop. What is Met...

For ease of expression, we will use BAYC as our target NFT to be fractionalized. The following rules will apply to other NFT collections, such as CryptoPuns, Sandbox, and Otherdeed. In the previous chapter, we have introduced the different NFT fractions of Fracton Protocol - Blind Box, People's BAYC and hiBAYC. More importantly, Fracton designed the Meta-Swap mechanism to support multi-way exchange in the system, which allows users to trade, arbitrage, and redeem in one stop. What is Met...

The previous article introduced some parts of the fractionalization fundraising of Fracton Protocol. This article will explain further the fundraising process by introducing two critical elements of Fracton - People’s BAYC and Blind Box. For ease of expression, we will use BAYC as our target NFT to be fractionalized. The following rules will apply to other NFT collections, such as CryptoPunks, Sandbox, and Otherdeed. What is People’s BAYC？ Each People’s BAYC represents a 1/1000 ownership of a...

The previous article introduced some parts of the fractionalization fundraising of Fracton Protocol. This article will explain further the fundraising process by introducing two critical elements of Fracton - People’s BAYC and Blind Box. For ease of expression, we will use BAYC as our target NFT to be fractionalized. The following rules will apply to other NFT collections, such as CryptoPunks, Sandbox, and Otherdeed. What is People’s BAYC？ Each People’s BAYC represents a 1/1000 ownership of a...

Overview Non-fungible tokens have recently gained momentum in crypto markets, and half of the ETH gas burned due to NFT mintings and transactions. However, as their name suggests, NFTs are indeed non-fungible, non-divisible, and therefore illiquid. For instance, the average cost of buying a BAYC on the secondary market would be more than 80 ETH, and these well-established collections are restricted to crypto whales and the rich. Therefore, here we aim to solve the pain point of poor liquidity...

Overview Non-fungible tokens have recently gained momentum in crypto markets, and half of the ETH gas burned due to NFT mintings and transactions. However, as their name suggests, NFTs are indeed non-fungible, non-divisible, and therefore illiquid. For instance, the average cost of buying a BAYC on the secondary market would be more than 80 ETH, and these well-established collections are restricted to crypto whales and the rich. Therefore, here we aim to solve the pain point of poor liquidity...

The first two chapters of Fracton Protocol Acadamy introduced the fundraising process through Blind Box and BAYC fractions (People’s BAYC), which can be considered 1/1000 of a BAYC. However, since the ERC-1155 token is still indivisible, the liquidity issue for Blind Box and People’s BAYC still exists despite their contribution toward making blue-chip NFTs accessible for everyone. The lack of liquidity increases the difficulty of asset valuation, reducing the effectiveness of price discoverie...

The first two chapters of Fracton Protocol Acadamy introduced the fundraising process through Blind Box and BAYC fractions (People’s BAYC), which can be considered 1/1000 of a BAYC. However, since the ERC-1155 token is still indivisible, the liquidity issue for Blind Box and People’s BAYC still exists despite their contribution toward making blue-chip NFTs accessible for everyone. The lack of liquidity increases the difficulty of asset valuation, reducing the effectiveness of price discoverie...

Fracton Protocol ("Fracton") has many product design innovations to balance between being decentralized, having sufficient liquidity, and meeting all kinds of transaction needs. We recommend our users spend some time understanding our product to achieve a smoother user experience. In the coming week, we will publish more articles to introduce our product functions and their logic. For the convenience of expression, the narratives below will take BAYC as an example. Other NFT collections such ...

Fracton Protocol ("Fracton") has many product design innovations to balance between being decentralized, having sufficient liquidity, and meeting all kinds of transaction needs. We recommend our users spend some time understanding our product to achieve a smoother user experience. In the coming week, we will publish more articles to introduce our product functions and their logic. For the convenience of expression, the narratives below will take BAYC as an example. Other NFT collections such ...