How To Fractionalize an NFT Using Fractional.art

Fractional.art provides a gateway and friendly GUI to interact with the fractional protocol, which is a decentralized smart contract deployed on Ethereum mainnet and accessible to anyone.

Deeze
Deeze
Jul 26, 2021 · 3 min read

This guide walks you through how to use fractional.art to fractionalize NFT(s) and receive a supply of fractional ownership tokens (i.e. ‘fractions’). To learn how to interact directly with the smart contract, click here. Once fractionalized, it is up to you how you would like to distribute the tokens. One way to do this is by setting up a liquidity pool for users to buy the fractions, which you can learn how to do here.

Step 1: Navigate to fractional.art

Step 2: Connect your wallet (i.e. Metamask)

Connect wallet button in the top right-hand corner of the website

Step 3: Select the NFT(s) you’d like to fractionalize. Then set a Name, Supply, Symbol, Reserve Price, and Annual Management Fee.

In this example, I’m selecting three Rinkeby Art Blocks mints. The name of my collection is “Bundled ArtBlocks — Rinkeby Mints” My supply is 10,000, my symbol is BABRM, my reserve price is 100 ETH, and my annual management fee is 5%.

Step 4: Mint the NFT Basket, then…

Once the Fractionalization transaction is confirmed, the vault is created.

Step 5: Now you can click “Settings & Actions” on the vault’s page to:

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Disclaimer: The Fractional Token Company, its officers, team, and community representatives are not registered financial advisors. All opinions shared on Twitter, Discord, or through other public channels are those of the respective individuals alone. Fractions (fractional ownership tokens) are solely intended to increase participant access to collectable, provable ownership of digital art and their respective communities. Fractional does not condone the creation, buying, or selling fractions as a means of investment. The Fractional Token Company is not responsible for how curators choose to market their NFTs. Similarly, The Fractional Token Company does not create, handle, or manage the intermediary platforms, or networks through which fractions can be transferred, sold, or purchased. Publications from Fractional.art are solely for information and entertainment purposes only. Please consult and work directly with tax, legal, financial, and investment professionals before making any fractional creation, transferring, and purchasing decisions.

Fractional

The leading platform for trustless, decentralized, and community-driven NFT fractions