What is a fractional NFT?

A non-fungible token (NFT) is a non-transferable data unit held on a blockchain, which is a type of digital ledger. NFTs can be linked to digital assets that can be reproduced, such as images, movies, and audio. NFTs use a digital ledger to offer a public certificate of authenticity or proof of ownership, but they leave the underlying digital files open to sharing and copying. This is all about the decentralized digitization of all types of ownership.

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NFT can be the digital conversion of any type of asset such as pictures, photos, songs… In addition, many cryptocurrency projects have included NFT as their token utility. For example, HubCoin’s NFT Marketplace, a game-related project, gamers can create their NFT products by demonstrating their game skills and monetizing them. These NFTs will also be tradable on platforms like Open sea