Why Fractionalized NFTs are the Next Big Trend

What’s the NFT frenzy all about? Here are some astute observations by experts:

  • NFTs enabled provable digital scarcity that no one could violate and inherently gave all ownership and transfers rights to the owners of the NFTs. 
  • Forming an emotional attachment to anything does not have to be predicated on visual fidelity or anything else tangible.
  • The value attached to non-fungible tokens is growing beyond mere blockchain-based images or contents.

Since the beginning of the year, interest in the NFT market has risen significantly. There is no sign of slowing down anytime soon, given the new concepts introduced in the space. Analysts speculated that NFTs would drive more returns than cryptocurrency in the future, in the prime of fractionalized NFTs and metaverse