TesseraWhat is Fractional?
Fractional is a decentralized protocol where NFT owners can mint tokenized fractional ownership of their NFTs. These tokens then function as normal ERC20 tokens which have governance over the NFT that they own.Fractional NFT OwnershipThrough Fractional, it will become easy to buy and own a percentage of an NFT. This allows users who have been previously priced out of certain NFTs or artists (such as Beeple) to be able to buy a piece of their work. Alongside this, fractionalizing an NFT allows...
TesseraYou Spoke, We Listened! - Fractional.art
A recap of the fractional.art launch weekWow, what a week! Hard to believe fractional.art only just launched on Monday from all the excitement and buzz traveling through the cryptospace so we wanted to take a moment and give a special thank you to everyone in our discord and highlight some community members as well at the bottom of this page 🎉 If you missed it, we have detected an influx of new vaults from the fractional protocol, which you can view and collect fractions of on our explore pa...
TesseraFractional.art Refresh — New Page Designs and ERC-1155 Fractions
gm Fractional Fam! ☕🌅 The rumors are true, and we’re here to provide you with a quick rundown on the big UI/UX changes and ERC-1155 fractions live on Fractional! Since launch, we’ve had our heads down building out new features and designs which we’re excited to announce are now in production.🥳 We’ve listened very closely to the feedback you’ve been sharing with us across our thriving community channels, and your feedback is at the core of how we decided to design and prioritize the new feat...
TesseraWhat is Fractional?
Fractional is a decentralized protocol where NFT owners can mint tokenized fractional ownership of their NFTs. These tokens then function as normal ERC20 tokens which have governance over the NFT that they own.Fractional NFT OwnershipThrough Fractional, it will become easy to buy and own a percentage of an NFT. This allows users who have been previously priced out of certain NFTs or artists (such as Beeple) to be able to buy a piece of their work. Alongside this, fractionalizing an NFT allows...
TesseraYou Spoke, We Listened! - Fractional.art
A recap of the fractional.art launch weekWow, what a week! Hard to believe fractional.art only just launched on Monday from all the excitement and buzz traveling through the cryptospace so we wanted to take a moment and give a special thank you to everyone in our discord and highlight some community members as well at the bottom of this page 🎉 If you missed it, we have detected an influx of new vaults from the fractional protocol, which you can view and collect fractions of on our explore pa...
TesseraFractional.art Refresh — New Page Designs and ERC-1155 Fractions
gm Fractional Fam! ☕🌅 The rumors are true, and we’re here to provide you with a quick rundown on the big UI/UX changes and ERC-1155 fractions live on Fractional! Since launch, we’ve had our heads down building out new features and designs which we’re excited to announce are now in production.🥳 We’ve listened very closely to the feedback you’ve been sharing with us across our thriving community channels, and your feedback is at the core of how we decided to design and prioritize the new feat...
Share Dialog
Share Dialog
Subscribe to Tessera
Subscribe to Tessera
<100 subscribers
<100 subscribers
This guide walks you through how to use fractional.art to fractionalize NFT(s) and receive a supply of ERC-20 fractional ownership tokens (i.e. ‘fractions’). To learn how to interact directly with the smart contract, click here. Once fractionalized, it is up to you how you would like to distribute the tokens. One way to do this is by setting up a liquidity pool for users to buy the fractions, which you can learn how to do here.
Step 1: Navigate to fractional.art
Step 2: Connect your wallet (e.g., metamask)
Step 3: Select the NFT(s) you’d like to fractionalize. Then set a Name, Supply, Symbol, Reserve Price, and Annual Management Fee.
Name: Name of your vault.
Supply: The amount of fractionalized tokens to be created by the vault
Symbol: Symbol/Ticker representing the fractions
Reserve Price: Price needed to trigger an auction/buyout of the fractionalized NFT(s)
Annual Management Fee: The asset under management fee distributed to the curator on a yearly basis
Step 4: Mint the NFT Basket, then…
Approve the NFT basket
Approve each NFT (each NFT needs individual approval)
Transfer the NFT(s) (each NFT needs to be transferred individually)
Fractionalize the NFT(s)
Once the Fractionalization transaction is confirmed, the vault is created.
Step 5: Now you can click “Settings & Actions” on the vault’s page to:
Add description: Edits the description of the vault.
Update auction length: Set an auction length between 3–14 days. Default is 7 days.
Update reserve price: Updates your vote for the reserve price. The more tokens you own, the higher weighting your vote holds. Learn more here.
Redeem NFT(s): You can burn the fractionalized tokens (if you still own 100% of the supply) and redeem the underlying NFTs.
Add to Metamask: Adds the ERC-20 fractional ownership token symbol to Metamask for easy tracking.
Comments, questions, or feedback? Join us on Discord!
Disclaimer: The Fractional Token Company, its officers, team, and community representatives are not registered investment advisors. All opinions shared on Twitter, Discord, or through other public channels are those of the respective individuals alone. Nothing discussed in this article should be relied upon for investment decisions nor is it investment advice. Fractions (fractional ownership tokens) are not intended to be investment contracts and The Fractional Token Company is not responsible for how curators choose to market their NFTs. Similarly, The Fractional Token Company does not create, handle, or manage the intermediary platforms, or networks through which fractions can be transferred, sold, or purchased. Publications from Fractional.art are solely for information and entertainment purposes only. Please consult and work directly with tax, legal, financial, and investment professionals before making any fractional creation, transferring, and purchasing decisions.
This guide walks you through how to use fractional.art to fractionalize NFT(s) and receive a supply of ERC-20 fractional ownership tokens (i.e. ‘fractions’). To learn how to interact directly with the smart contract, click here. Once fractionalized, it is up to you how you would like to distribute the tokens. One way to do this is by setting up a liquidity pool for users to buy the fractions, which you can learn how to do here.
Step 1: Navigate to fractional.art
Step 2: Connect your wallet (e.g., metamask)
Step 3: Select the NFT(s) you’d like to fractionalize. Then set a Name, Supply, Symbol, Reserve Price, and Annual Management Fee.
Name: Name of your vault.
Supply: The amount of fractionalized tokens to be created by the vault
Symbol: Symbol/Ticker representing the fractions
Reserve Price: Price needed to trigger an auction/buyout of the fractionalized NFT(s)
Annual Management Fee: The asset under management fee distributed to the curator on a yearly basis
Step 4: Mint the NFT Basket, then…
Approve the NFT basket
Approve each NFT (each NFT needs individual approval)
Transfer the NFT(s) (each NFT needs to be transferred individually)
Fractionalize the NFT(s)
Once the Fractionalization transaction is confirmed, the vault is created.
Step 5: Now you can click “Settings & Actions” on the vault’s page to:
Add description: Edits the description of the vault.
Update auction length: Set an auction length between 3–14 days. Default is 7 days.
Update reserve price: Updates your vote for the reserve price. The more tokens you own, the higher weighting your vote holds. Learn more here.
Redeem NFT(s): You can burn the fractionalized tokens (if you still own 100% of the supply) and redeem the underlying NFTs.
Add to Metamask: Adds the ERC-20 fractional ownership token symbol to Metamask for easy tracking.
Comments, questions, or feedback? Join us on Discord!
Disclaimer: The Fractional Token Company, its officers, team, and community representatives are not registered investment advisors. All opinions shared on Twitter, Discord, or through other public channels are those of the respective individuals alone. Nothing discussed in this article should be relied upon for investment decisions nor is it investment advice. Fractions (fractional ownership tokens) are not intended to be investment contracts and The Fractional Token Company is not responsible for how curators choose to market their NFTs. Similarly, The Fractional Token Company does not create, handle, or manage the intermediary platforms, or networks through which fractions can be transferred, sold, or purchased. Publications from Fractional.art are solely for information and entertainment purposes only. Please consult and work directly with tax, legal, financial, and investment professionals before making any fractional creation, transferring, and purchasing decisions.
No activity yet