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Across the NFT sector, it is standard knowledge that tokens are indivisible. For collectors, this means that when purchasing an NFT or a tokenized asset, you must source all funds as put on its price tag. Considering the high cost of buying some NFTs, crypto lovers and art enthusiasts have largely been cast away for their limited resources. Not for long, though.
Now, crypto and art lovers can invest in NFTs within their budget through SmarterWorx. This DeFi protocol has pioneered fractionalized NFTs (F-NFTs), which allow for collective ownership of NFTs and yield revenue to the investors. And household NFT players, like Decentraland and the Sandbox, are stunned.
SmarterWorx is the protocol that crypto investors didn’t know they needed. The protocol leverages NFT technology to add value to physical artwork and allows investors to own a share of the art pieces through F-NFTs. SmarterWorx acquires masterpieces from talented artists in the market and then generates their NFTs. These asset-backed NFTs create a digital footprint of the physical artwork to keep off counterfeits.
F-NFTs simplify art and NFT investment since you don’t need deep pockets to get started. In turn, SmarterWorx generates revenue from the art pieces and connected NFTs when it resells them for a marked-up price. The profits accrued in the transaction are sent to F-NFT holders as income for investing in the art pieces.
SmarterWorx has designed a framework to make the project self-sustaining. First, part of the revenue from art sales is plowed back to purchase new physical artwork, ensuring SmarterWorx’s asset portfolio is ever-growing. Then, the platform also
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