Doesn't feel like co-purchasing an NFT anymore? We got you covered.
Having entered an ongoing fractionalization on Ownity by buying the NFT’s portion, you can pull out of it at any time and get a full refund until the listing’s progress bar hits 100% at which point the Ownity protocol immediately buys the NFT from its listing’s original marketplace using the would-be co-owners deposited funds.
In the event an NFT that’s undergoing fractionalization on Ownity is sold or its listing is canceled on the original marketplace, Ownity halts the fractionalization and issues full refunds of the user deposits.
In case the same NFT is relisted at a new price on the original marketplace, the fractionalization members get an alert suggesting moving the deposited funds over to that listing to start a new fractionalization.
Note that deposit refunds do not include the blockchain’s required gas fees.
If you changed your mind and want to withdraw from an ongoing NFT fractionalization you’re participating in, simply click “Cancel” to get a full refund.
Not-100%-Fractionalized NFT Page Cancel Button
The “Cancel Fraction Purchase” window will pop up. Hit “Cancel Purchase”, confirm the transaction in MetaMask, and the protocol is going to issue an immediate full refund to your wallet.
Cancel Fraction Purchase Window
You can quit any fractionalization you entered until it’s complete — people deposited 100% of the listing price — at which point the Ownity protocol instantly buys the NFT.
