Problem
What made us develop Ownity and what we learned from.
The vast majority of highly regarded NFT collections are quite expensive. And while it’s a mighty rewarding experience to hodl non-fungible tokens for some, ‘every rose has its thorn’, they are way out of reach for the others who are on the constant lookout for opportunities to invest in bluechip collections while the current top NFT owners would eagerly take advantage of the chance to jump even higher up the NFT ladder.
Yes, top-tier NFTs’ exclusivity holds back their liquidity, and the co-ownership approach is about to take over if history is any indication.
The practice of co-investing in and co-owning pricey things has been around since we humans established the idea of property so the NFT realm should not be an exception, and centralized celebrity-run crowdfunders are not a sustainable and ubiquitous solution.
Many projects have so far launched to the market, aspiring to offer a breakthrough in NFT ownership, but virtually all of them feature functionality designed to deal with just a fraction of the issue (pun very much intended) – fractionalization.
What’s worse, the fractionalization functionality features similar limitations across the board: scarce selection – only NFTs already bought by someone and deposited to the platform or those offered by the platform itself can be fractionalized – and very little avenue (if any) for exiting fractional ownership, let alone trade any NFT fractions.
The current fractionalization platforms have not been able to deal with A1 NFT availability and hence the market's liquidity woes at a scale significant enough to make a difference.
Last updated