Our solution for slicing NFTs
Last updated
Last updated
Fractionalization is a simple process. Initially, Bitsliced users must deposit their NFTs into a digital vault.
Afterward, users will be given the option of selecting how many "slices" they wish to split the NFT. Selecting ten slices, for example, will result in the NFT being split into ten different ones.
The NFTs are then listed on our NFT marketplace, where anyone can buy them. The original owner will receive royalties for each subsequent sale of a sliced NFT.
After slicing, the original owner of the NFT will also receive a replica. This replica, also an NFT, can be sold only within our platform. If the original owner sells the replica, all the slices will be burned, and owners of the "sliced" NFT will receive their respective share of the total sale value.