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Fracton Protocol
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About Fracton Protocol

Fracton Protocol is a platform for fractionalizing and trading blue-chip NFTs. It allows users to buy, own, and trade fractionalized tokens representing portions of NFTs, facilitating price discovery and equity distribution. NFT fractionalization involves dividing an NFT into smaller, tradable pieces, enabling shared ownership. On Fracton, users can participate in fundraising rounds to acquire People's NFTs (ERC-1155 fractions) and exchange them for $FFT tokens (ERC-20) at a 1:1000 ratio. If the fundraising succeeds, Fracton acquires the target NFT and deposits it into a treasury, allowing fraction owners to redeem NFTs with enough People's NFTs. If it fails, Fracton repurchases $FFT tokens. Meanwhile, fractions owners can trade $FFTs on DEX and CEX for arbitrage opportunities.

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