Fractioneel

Fractional is a decentralized protocol designed to enable collective ownership and governance of one or more non-fungible tokens (NFTs). It allows users to lock NFTs on Layer 1 blockchains and mint ERC-20 tokens representing fractional ownership on Layer 2, facilitating more accessible and liquid NFT investment and governance. This approach lowers the barrier to entry for NFT ownership by enabling multiple stakeholders to hold and trade shares of high-value NFTs.

The protocol’s smart contracts have been audited by Peckshield and Haechi, ensuring security and reliability. Fractional supports governance through its native Fractional Governance Token, which accrues value over time and can act as a buyer of last resort for abandoned shares. The platform integrates with NFT liquidity aggregators and lending markets, aiming to enhance liquidity and utility for fractionalized NFT tokens.

Future plans include smart Layer 2 integration to abstract gas fees and improve trading efficiency, a mobile app for retail users, and potential expansion into securitized real-world assets. Fractional has partnered with notable NFT projects and DAOs such as PleasrDAO and Meebit, demonstrating real-world adoption. Developers can get started by exploring the open-source smart contracts and using the live demo application at app.fractional.art, with comprehensive documentation available for integration and governance features.