Become a partial owner of collectible NFTs you otherwise could not afford. Fractional delivers a unique way to unlock NFT liquidity and provides community access to owning parts of iconic and historic NFTs.
How you make money
NFTs are stored in vaults on Fractional, and vaults are able to be auctioned off for a value agreed upon by owners of the fractional tokens. An auction is a public sale of a vault and all its contents, which is triggered when someone deposits and offers an amount of ETH greater than or equal to the vault’s reserve price. The individual offering the highest price at the time the auction completes wins the buyout. At auction completion, the NFT will be withdrawn and fractional owners will be able to trade in their tokens for ETH.
How Fractional makes money
Fractional does not currently have any revenue or charge any fees. It is unclear at this time what the platform has planned in regards to future fees or costs.
Is it safe?
Fractional has raised over $8 million through multiple rounds of funding to date.
NFTs have exploded in popularity the last couple years, with the NFT market in 2021 worth an estimated $41 billion. That being said, investing in hard assets will always have volatility risk. There is no guarantee that the NFTs you choose to invest in will actually increase in value over time, and returns could vary drastically.