How To Confirm NFT Share

How does a Crowdfunding Club participant confirm his NFT share?

Once the Crowdfunding Club wins, participants' NFT shares will be automatically determined based on their contribution ratio. Before we launch the fractional NFT exchange, we will adopt the fractional NFT scheme provided by Fractional platform.

As an NFT owner, when you come to the Fractional platform you will be able to mint an NFT Vault. This vault will take custody of your NFT and in exchange it will give you 100% of the fractional ownership tokens. At this point, the NFT owner can do whatever they please with the fractions they have. For example, they can sell them in a Dutch auction, add liquidity to Sushiswap or just give them to friends. Fraction owners maintain collective ownership on the locked up NFT. In the instance a buyer emerges, they can send ETH equal or greater to the reserve price of the asset. This initiates an auction. Upon completion, the auction winner will receive the NFT and fraction owners will be able to claim the ETH paid.