Gradian's platform supports NFTs consistent with ARC3, ARC19, and ARC69 standards, including fractional NFTs.

Fractional NFTs Overview

A fractional NFT is an NFT asset with only 1 minted in total, but with decimals greater than 0. This unique structure allows ownership to be represented directly as a proportion of the entire asset in decimal form.

Fractional NFTs democratize access to the NFT market by increasing liquidity and enabling more investors, fans, and collectors to participate. They allow multiple investors to co-own a piece of digital art, real estate, or any other digital or physical item tokenized as an NFT. Fractional NFTs provide more efficient and easier monetization for artists and creators, as well as better opportunities for retail investors to generate profits or preserve value.

Benefits of Fractional NFTs

• Increased liquidity in NFT secondary markets
• More efficient monetization for artists and creators
• Greater accessibility for retail investors

Algorand and Fractional NFTs

Algorand, a decentralized network that is mathematically proven to be forkless, supports the creation of fractional NFTs. The Algorand Standard Assets (ASA) functionality allows developers to tokenize digital and physical goods on Algorand's Layer-1 blockchain. ASAs support both fungible and non-fungible tokens, enabling the creation of fractional NFTs.

Algorand's Unique Security

Algorand's unique protocol relies on the Pure Proof of Stake (PPoS) algorithm, making the network unforkable, decentralized, and secure. This ensures your NFTs can never be duplicated or replicated, preserving their value.

Gaming Use Cases for Fractional NFTs

Developer Perspective

1. Revenue Sharing: Fractional NFTs can represent a proportion of revenue or profit shares for contributors to a game project. Payments can be automatically distributed based on the ownership proportion represented by the amount of fractional NFTs owned, facilitated by a smart contract.
2. Crowdfunding: Game developers can use fractional NFTs to raise funds for game development. Investors can purchase fractional NFTs representing ownership in the game, and in return, receive a share of the game's future revenue.
3. Collaborative Game Development: Fractional NFTs can represent ownership stakes in game assets co-created by multiple developers, such as characters, environments, or in-game items. Developers receive a share of the revenue generated from the use or sale of these assets based on their fractional NFT ownership.