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Fracton Protocol: The Revolutionary NFT Fragmentation Liquidity Protocol

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It is reported that the transaction volume of Fracton Protocol, the NFT fragmentation liquidity protocol, has exceeded 3 billion US dollars 10 months after the launch of its HiNFT

Fracton Protocol: The Revolutionary NFT Fragmentation Liquidity Protocol

It is reported that the transaction volume of Fracton Protocol, the NFT fragmentation liquidity protocol, has exceeded 3 billion US dollars 10 months after the launch of its HiNFT token series. The Fracton Protocol decomposes high-value NFT series (such as “Boring Ape” BAYC and CryptoPunks) into small NFTs, allowing anyone to own and trade them. As of now, the protocol has supported the “decomposition” of 25 blue chip NFT projects. （nftplazas）

NFT fragmentation liquidity agreement Fracton Protocol transaction volume exceeded 3 billion US dollars

Fracton Protocol, the NFT fragmentation liquidity protocol, has become a game-changer in the NFT market since its launch of the HiNFT token series 10 months ago. It has been reported that the transaction volume of the protocol has exceeded 3 billion US dollars, thanks to its ability to decompose high-value NFT series like “Boring Ape” BAYC and CryptoPunks into smaller denominations. With the protocol, more people can own and trade these assets with ease.

How Fracton Protocol Works

Fracton Protocol allows users to break down NFTs into smaller denominations, creating more liquidity and making them available to a wider audience. This fragmentation does not affect the authenticity and uniqueness of the NFT, and anybody can own a piece of an NFT, which was not possible before.
The HiNFT token series, launched by Fracton Protocol, is a type of ERC-20 token that represents a fraction of an NFT. Each token’s value is proportional to the portion it represents, and when combined, the tokens form a complete NFT. These tokens are tradable and can be exchanged for their full NFT value at any time.

The Benefits of Fracton Protocol

Fracton Protocol has numerous benefits for the NFT market, including:

Increased Market Access

Before Fracton Protocol, owning an NFT required big investments, often in the thousands or millions of dollars. However, with the protocol’s fractional ownership feature, anyone can own a piece of valuable NFTs, democratizing the market.

Improved Liquidity

NFTs are assets that can be challenging to sell, but Fracton Protocol’s NFT fragmentation allows for higher liquidity in the market. Users can sell their fractional ownership shares of an NFT on secondary markets without selling the whole NFT.

Preservation of Authenticity

Fracton Protocol’s fragmentation does not change the authenticity of the NFT. The original NFT remains unchanged, and the individual fractional ownership tokens still have proof of ownership.

The Future of Fracton Protocol

Fracton Protocol is rapidly expanding, and it supports the decomposition of 25 blue chip NFT projects as of now. The protocol is making NFTs more accessible and tradable to a wider audience, and it is expected to become more widespread as the NFT market grows.

Conclusion

Fracton Protocol’s ability to fragment high-value NFTs while preserving their authenticity and uniqueness is a game-changer in the NFT market. It has made NFTs more accessible and tradable to a wider audience, increasing market liquidity and democratizing ownership.

FAQs

1. How does the HiNFT token series work?

The HiNFT is a type of ERC-20 token that represents a fraction of an NFT. The value of each token is proportional to the portion of the NFT it represents, and they can be combined to form a complete NFT.

2. Can fractional NFT ownership affect the value of the original NFT?

No, fragmentation does not affect the value or authenticity of an NFT. The original NFT remains unchanged and is still considered a complete asset.

3. What is the future of Fracton Protocol in the NFT market?

Fracton Protocol is expected to become more widespread as the NFT market grows. Its ability to make NFTs more accessible to a wider audience and increase liquidity makes it a game-changer in the industry.

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