Kryptopriser -WeBuy
we
WeBuy
NOK 0.158
24h: -0.66%7d: -5.97%30d: -19.29%1y: -50.48%
NOK 0.158
Webuy (WEBUY) aims to enhance accessibility within the NFT market through a process known as fractionalization. This approach allows for the division of high-value NFTs into smaller, more affordable units.
Fractionalization involves breaking down a single NFT into multiple fungible tokens. This enables more individuals to own a portion of an NFT, potentially lowering the barrier to entry for digital art and collectibles.
Holders of fractionalized NFTs can trade their shares on compatible platforms. The underlying NFT is typically held in a smart contract, with the fractional tokens representing ownership claims to that NFT.