Fractional (F-NFT) Metaverse Land
Last updated
Last updated
Here at optimum treasury we will have fractional land sales that will be auctioned to our users via optimum.cash website. This will give everyone the opportunity to own land in the metaverse weather your investment is big or small.
Fractional NFTs (F-NFTs) Explained
The future of digital art investing and virtual assets?
In 2021, Non-Fungible Tokens (NFTs) took the crypto world by storm—we saw digital art, such as pieces from the CryptoPunks, or Bored Ape Yacht Club collections sell for six, or even seven-figures as NFTs. But what if you can’t afford that, yet still want to own one? Read on to find out how fractional NFTs can help.
What are fractionalized NFTs?
Normally, an NFT can’t be duplicated, nor copied, which poses serious limitations in terms of accessibility—the everyday investor can rarely afford to get in. However, with tokenization, the owner of an NFT can decide to create other tokens specifically to represent a certain amount of ownership in his NFT.
As an example, if Bob wants to owns 1 plot of SandBox land, he could buy 10 new plot tokens, that are assigned each 10% ownership of the 1 original plot. Hence, if the value of this NFT land is $1,000, then each of the newly created plot tokens will be worth $100.
Benefits of fractionalized NFTs
As we saw in the example, Bob purchased his NFT newly minted crypto plot tokens. This way, Bob can sell only a portion of his NFT’s ownership, while other, smaller investors can buy in for only $100 instead of the total $1,000. A true win-win situation. This is exactly how fractionalized NFTs (F-NFTs) pave the way for a more affordable digital art market, where everyone can invest at their own level.
Fractionalized NFT land
Fractionalized NFTs have a standing in the recently popularized metaverse realm as well—many of the most desirable metaverses, like The Sandbox, use fractionalized NFTs to auction digital land and property. This method is also used to make the other leading metaverse, Decentraland’s plots cheaper. Gone are the days when players needed to pay tens of thousands to get started with digital property trading and investing—with fractionalized NFTs in the form of virtual land, anyone can get started with a relatively low barrier of entry, and enjoy the benefits of such virtual realities.
Summary
NFTs completely disrupted the digital art world, offering innovative ways of trading, and investing, for anyone who can afford their hefty prices. However, fractionalized NFTs could provide access to this relatively exclusive market for the masses, bringing the future right onto your doorstep. The only question is: will you take the opportunity?