The Fractional NFTs recently launched by Binance have caused a positive stir in the cryptocurrency market as investors search for crypto projects that have real-world utility and use cases. There are several new and promising cryptocurrencies that are attempting to fill this void but analysts are excited about one new player in the crypto market called Orbeon Protocol (ORBN), which is still in its presale stage and could complete change the crowdfunding and venture capital business model.
What Are Fractional NFTs?
The floor prices of some NFT collections rise along with their popularity, which is of great advantage for investors, collectors, and artists who entered the market early. The majority of people cannot afford to purchase the more expensive NFTs, so the options provided by fractionalized NFTs become an attractive prospect.
Fractional NFTs push the envelope by allowing ownership of an NFT to be divided amongst various owners making them available to everyone rather than only NFT whales.
Fractional NFTs Benefits For Its Holders
The ability to buy a portion of a bigger and more expensive complete NFT is the biggest advantage. The holders of the NFTs may receive exclusive access to these communities along with other advantages like voting rights depending on the NFT and the platform where the Fractional NFT was acquired.
Some other features for fractionalized NFTs may include staking opportunities for holders where they can receive rewards and additional yields for holding the NFT.
Orbeon Protocol Could Significantly Impact Fractional NFT Holders
Orbeon Protocol, one of the world's first cryptocurrency crowdfunding and VC platforms, enabling users to make fractional investments in some of the most fascinating and promising early-stage crypto businesses.
Startups will be able to generate funds, engage with and build their community by offering reward and equity-based NFTs. Every investment opportunity on the Orbeon Protocol platform will be fractionalized and minted as an NFT, enabling anybody to back and invest in companies they believe in starting with just $1.