What is Fracton Protocol?
Fracton protocol is an NFT financial infrastructure that extracts the financial attribute of NFTs from their utility attribute, making blue-chip NFTs affordable and composable into both CEX and Dapps. It allows NFTs to be fractionalized and repackaged to ERC-20 tokens where each ERC-20 token is backed by 1/1,000,000 of the original NFT. Based on a deeply reformed tech design, Fracton is built by state-less centric smart contracts that increase the protocol’s efficiency with lower gas fees and maximized asset security.
At Fracton protocol, the team is dedicated to becoming the standard of NFT fractionalization, making the ownership of NFT to be as frictionless as possible. At the same time, continue innovating new use cases using Fracton’s fractionalized NFT as the cornerstone.