nftfy
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How Nftfy works?
Nftfy allows anyone to generate ERC20 compliant Fractions fully backed by a Non-Fungible Token, providing a trustless way of sharing ownership of NFTs and creating a new market to their Fractions.
There are three main processes in Nftfy responsible for providing a Minimum Viable Fractionalization:
  • Fractionalization: the user stakes the NFT in our Smart Contracts, sets the Exit Price, and generates 1,000,000 Fractions backed by that NFT.
  • Redeem: anyone can pay the Exit Price and receive the NFT into the wallet.
  • Claim: all the other users who still hold Fractions of the redeemed NFT can be properly remunerated.
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