Can Multiple People Own An NFT?

Can multiple people buy the same NFT

Can Multiple People Own An NFT?

This Non-Fungible Token is well known for its unique identification and the one-owner policy. But there is a new variant where you can have multiple owners of one NFT. This is known as fractional NFT.

The core NFT gets split into percentages among a different number of people. This has been processed in a way in which lots of people can acquire ownership of NFTs. This process makes NFT affordable for many people.

Before investing in NFT as having multiple ownership, you must be aware of fractional ownership. Get detailed information about it, how it works, and it’s potential. For example, it’s common in real estate to trust and invest a pool of money with multiple investors.


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Explore most asked questions and answers related to NFTs from here: Best Questions And Answers On NFT