Fractional NFTs, or F-NFTs, allow multiple individuals the ability to invest in a single asset. Essentially, an F-NFT gives multiple investors shared ownership over a single asset. This shared ownership model enables a group of investors to collectively own and trade a specific NFT.
One of Klover Network’s exclusive features with F-NFTs or the Klover NFT License is that Game publishers can divide ownership of a particular NFT into fractional shares. This allows investors to buy and sell portions of the NFT, rather than needing to purchase the entire NFT outright. The fractional ownership model also provides more liquidity for the NFT market, making it easier for investors to exit their position if they choose to do so.
Let’s take a quick look at how F-NFTs or Klover NFT License operate.
- The Klover Marketplace allows users to purchase Fractionalised NFTs (F-NFTs) or Klover NFT Licenses using $KVN, the native cryptocurrency of the Klover Network.
- By purchasing Klover NFT Licenses, users gain ownership of NFTs and can also divide ownership of a particular NFT into fractional shares.This shared ownership model gives investors more leeway to buy and sell.
- Once a user owns an F-NFT, they can stake their Klover NFT License, to build their own online casino platform. However to build their own platform within the aggregator, they must stake $KVN as usage credit. The amount of $KVN required to build the platform will depend on the terms and conditions stipulated by Klover Network.
- Each user can build an unlimited number of casino platforms, but they must stake $KVN for each platform they build. The specific amount of $KVN required will be stipulated by Klover Network’s policies and agreements.
- If a user wants to expand their credit usage on the casino platform they’ve built, they can stake additional $KVN to increase their credit usage limit. This allows users to have more flexibility within their casino platform and gives rise to the potential of more returns.
- Klover Network also offers additional benefits to game publishers and NFT owners, including promotional services to drive drive traffic and awareness toward their NFTs and also offer game-exclusive designs to enhance the visual appeal of their NFTs.
- Klover Network will distribute some of the profits generated from this business model back to the Land Aggregator ecosystem or the liquidity pool to support ongoing development and growth.
- As part of the Klover Network’s dividend program, game publishers, F-NFT owners, and players can receive stable coins or $KVN in return for staking their $KVN in that pool. The specific rewards will be determined by Klover Network and its agreements with users.
The Fractional ownership model makes the barrier of entry to invest substantially lower, which essentially attracts more investors. The Klover Network License also attracts more investors by giving game developers more flexibility and freedom when developing games on a third party platform.