common-close-0
BYDFi
Trade wherever you are!

What is the significance of NYC-based Tessera in the NFT fractional paradigm?

avatarabcDec 25, 2021 · 3 years ago3 answers

Can you explain the importance of Tessera, a company based in NYC, in the NFT fractional paradigm? How does Tessera contribute to the development and growth of NFTs?

What is the significance of NYC-based Tessera in the NFT fractional paradigm?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Tessera, a NYC-based company, plays a significant role in the NFT fractional paradigm. They provide a platform that allows users to fractionally own NFTs, making it more accessible for a wider range of investors. This democratization of NFT ownership opens up new opportunities for both creators and collectors, as it increases liquidity and allows for easier diversification of NFT portfolios. Tessera's platform also ensures the security and authenticity of fractional NFT ownership, providing a trusted environment for users to engage in fractional ownership transactions. Overall, Tessera's contribution to the NFT fractional paradigm is crucial in driving the growth and adoption of digital assets.
  • avatarDec 25, 2021 · 3 years ago
    Tessera, based in the heart of NYC, is revolutionizing the NFT fractional paradigm. By allowing users to own a fraction of an NFT, Tessera is breaking down barriers to entry and making NFTs more accessible for everyday investors. This opens up a whole new world of possibilities for both creators and collectors, as it creates a more liquid market and allows for greater diversification. With Tessera's platform, investors can now participate in the NFT space without having to commit to the full value of an NFT, making it a game-changer in the digital asset landscape.
  • avatarDec 25, 2021 · 3 years ago
    In the NFT fractional paradigm, Tessera, a NYC-based company, stands out as a key player. Their platform enables fractional ownership of NFTs, which means that investors can buy a percentage of an NFT rather than the whole thing. This has several advantages. Firstly, it lowers the barrier to entry for investors who may not have the financial means to purchase a whole NFT. Secondly, it increases liquidity in the NFT market, as fractional NFTs can be easily bought and sold. Lastly, it allows for diversification of NFT portfolios, as investors can now own a fraction of multiple NFTs rather than putting all their eggs in one basket. Tessera's contribution to the NFT fractional paradigm is significant in making NFTs more accessible and attractive to a wider audience.