NFracTion IDO Launch on the OccamRazer Launchpad!
NFracTion, a unique NFT fractionalisation protocol which distributes high-end digital arts into multiple ‘puzzle’ pieces, will launch on the OccamRazer decentralized launchpad on the 30th of September. NFracTion is blockchain agnostic, but will extend its fractionalisation capabilities to NFTs minted on the Cardano blockchain.
By fractionalising NFT artwork, NFracTion will provide additional value for collectors, who can free up capital on exclusive pieces of art in their portfolios, and help generate higher revenues for NFT artists.
The NFTA token, first available through the OccamRazer launchpad, plays a central role in the NFracTion ecosystem and functions similarly to a DEX token. By fractionalising NFTs, there is potential for higher transaction volume than traditional NFT marketplaces. on their Cross-chain NFT Marketplace and benefits traders, collectors and artists. In addition to traditional trading between parties, NFT Puzzle pieces will be obtainable by opening Puzzle packs, and made tradeable through NFracTion’s secondary market trading venue.
In addition to NFracTion’s NFT marketplace and Puzzle functionality, it will host NFT raffles, personalized NFTs, mystery puzzles and other special features — as well as tailor-made NFT capabilities for sports fans with authenticated releases in the MMA, football, basketball, and racing sports communities.
Elio Artic, CEO at NFracTion, says:
“Our NFT marketplace and fractionalisation venue will be blockchain agnostic, but we are nevertheless particularly interested in the growing NFT ecosystem on Cardano. Working with OccamRazer gives us the insight and opportunity to explore the Cardano blockchain and it’s strong community, to enable us to tailor NFracTion to best serve their needs. We are excited to launch our IDO on the OccamRazer launchpad.”
NFracTion’s primary goal is to create a user-friendly platform, that is exceptionally easy to use and manage for any NFT holder or artist. To deliver this, NFracTion will also launch a mobile app.
Elliot Hill, Head of Communications at Occam.fi, says:
“The NFT space isn’t showing any signs of slowing down, and with the cost-effective nature of transactions on Cardano, and the ease of minting a token, we may see a second wave of new users in the world of NFTs. We’re pleased to work with projects like NFracTion, which are working hard to bring down barriers to entry and make the NFT industry accessible to all.”
About NFracTion
NFracTion is a unique NFT Fractionalizer, “cutting” digital arts into puzzle pieces and providing additional value for collectors and much higher revenues than standard single-piece NFT`s — Play & Earn concept — targeting the Sports fans community at first with some major partnerships. NFracTion also delivers a superb Multi-chain NFT Marketplace to the crypto community, launching on BSC Network and soon after that adopting Cardano, Solana and other networks.
📰 INFO
https://medium.com/occam-finance/nfraction-to-launch-ido-on-the-occamrazer-launchpad-7ee14ebf0e85
