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🔪 Fractionalization: Lock & Mint Shares

Understand how NFTs are locked in vaults and tokenized

Split expensive NFTs into affordable pieces

⚙️ How Fractionalization Works

Fractionalizing an NFT is a multi-step smart contract process that converts a single ERC-721 token into many ERC-20 tokens. Each ERC-20 token represents a fractional ownership stake in the original NFT.

🎬 Interactive: Step-by-Step Simulator

Configure your fractionalization parameters and walk through the process step-by-step.

Number of fraction tokens to mint
Ticker symbol for your fraction tokens
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Step 1 of 4

Lock NFT in Vault

Transfer the original NFT to a secure smart contract vault

vault.lockNFT(nftAddress, tokenId)
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The NFT is locked in an immutable smart contract. Ownership is verifiable on-chain.

Each token = 0.0100%
10,000 FRAC tokens

🔐 Vault Security

  • Immutable Lock: NFT cannot be removed without token holder approval
  • Audited Contracts: Use battle-tested vault implementations
  • Transparent: All actions visible on-chain

💎 Token Economics

  • Fixed Supply: Total tokens never change after minting
  • Proportional Rights: Each token = equal % of ownership
  • Fungible: All tokens identical and interchangeable

🔧 Technical Standards

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ERC-721 (Original NFT)
Non-fungible token standard - locked in vault contract
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ERC-20 (Fraction Tokens)
Fungible token standard - represents ownership shares
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Governance Extension (Optional)
ERC-20 with voting capabilities - on-chain governance

💡 Key Insight

The magic of fractionalization is that you're not modifying the original NFT—you're locking it in a vault and creating new tokens that represent claims on it. Think of it like a company going public: the business (NFT) stays intact, but ownership is divided into shares (ERC-20 tokens) that can be traded freely. The vault ensures the NFT can only be unlocked if holders collectively agree, protecting everyone's investment.

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