My latest at The Defiant:
Investing in individual non-fungible tokens or NFTs is a problematic task. The NFTs that seem likely to do well as investments are selling for astonishing sums pricing out both newcomers and established collectors. For those seeking exposure to high-flying NFTs, fractionalization may well be the answer.
NFT fractions, also known as shards, are created by issuing an ERC-20 token that represents the underlying asset, whether that asset is a single NFT or a basket of NFTs. A growing number of services now make it possible to invest in NFT fractions and even to fractionalize one’s own NFTs.