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Nftfy is a Decentralized Application (DApp) that fractionalizes Non-Fungible Tokens, generating ERC20-compliant Fractions fully backed by the NFTs.
Once your NFT is staked in our Smart Contracts and the Fractionalization process is completed, you receive one million Fractions of your NFT and get instant access to them in your wallet. From that moment, you will be able to make your own Initial Dex Offering, by creating a Liquidity Bootstrapping Pool using Balancer protocol to provide liquidity to your Fractions. In that manner, you create a whole new market and allow anyone to trade your Fractions in the open market. It is a simple, instant, and trustless way of sharing ownership of NFTs.
$NFTFY is the token of the protocol and can be farmed by providing liquidity to different pools containing Fractions and $NFTFY.