What is fragmented NFT? Fragmented NFT, which enables people to own part of NFT to reduce the economic burden. This fragmentation process allows the ownership of the NFT to be shared through a set of replaceable tokens bound to the original NFT.
From the perspective of artists or owners, NFT is a unique digital asset that exists on the blockchain - such as art, music or collectibles - which allows artists to monetize their creations. Fractionation allows users to decompose NFT into smaller replaceable fragments with various use cases.
The fragmentation pattern of NFT is still relatively new. NFT adoption, but there is no doubt that the fragmentation NFT is clearly a revolutionary concept and a changing NFT world.
The new NFT appears in the new use cases. NFT was originally used as digital collections, game items, music and art works. However, this is only the beginning. Financial NFT is looking for new use cases, such as representing insurance policies and liquidity provider positions.