WeBuy Fractionization means splitting the ownership of an NFT into smaller fractions. This makes it possible for several people to collectively own a single NFT that is usually too expensive to purchase alone. As most high-profile NFTs usually sell for millions of dollars, group purchase via fractionization makes ownership of these NFTs more accessible and approachable.
Fractionization makes it possible for multiple people to own a single NFT together. As many high profile NFTs can easily cost up to millions of dollars, joint purchases through fractionization not only make it easier to own expensive NFTs but has the effect of providing liquidity to the NFT market. Fractional has revolutionized and opened up new horizons in the field of NFTs. This has allowed more people to invest in NFTs. Additional advantages of purchasing NFTs through Fractionization can be found below.
The live WeBuy price today is $5.73 USD with a 24-hour trading volume of $3,947,276 USD. They update the WE to USD price in real-time. This is up 7.96% in the last 24 hours. The current CoinMarketCap ranking is #2864, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy WeBuy at the current rate, the top cryptocurrency exchange for trading in They stock is currently Huobi Global. You can find others listed on crypto exchanges page.
One of the advantages of fractional is the ability to quickly assess the market value of NFTs. For example, if you want to know the value of your NFT, you can find out the value of your NFT in the market by dividing the NFT and proceeding with fractional sales.
Fractional NFT solves the liquidity problem. When selling expensive NFTs, there is a problem that the sale period can continue for a long time because only a small number of investors can afford the NFT, meaning the target market is limited. If the KIP-17 and ERC-721 NFTs you hold are separated into KIP-7 or ERC-20 tokens and sold partially, the NFTs will receive attention from the public rather than a small group of investors. This solves a significant part of the liquidity problem.
Democratization of Investment
It is difficult for small investors to purchase NFTs through NFT auctions. In the case of NFT auctions, usually expensive pieces are sold, so only a small number of investors can purchase the asset. However, the advent of fractional NFTs has opened up more opportunities for small investors gathered into DAO in NFT markets that were previously only for a select few.
WeBuy focus on accessibility and aim to create a user-friendly platform. Please contact us through [email protected] if you have any suggestions to improve platform.
WeBuy lets users “split” their NFTs with just a click.
A DAO is where people with common interests gather to improve the ecosystem of a project or protocol. Investors of WeBuy will always have a voice to shape the future of WeBuy Coin.
You can sell fractions of the NFT you have or use the SWAP function to purchase the fractions of the NFT you want. Abundant liquidity makes it possible to buy and sell.
WeBuy aims to become a multi-chain platform that supports various main nets. With the support and additional development of EVM-based chains, They will be a platform and service that encompasses the communities and projects of each chain.
WeBuy native token, WE, is backed by tokenomics designed to capture value for our fractionized NFT community.
2022 Q1 WeBuy Website Launch
Deployment of community and WP
2022 Q2 WeBuy v1.0 Beta Release
Add Fractionization and Auction(Multi-chain)
Governance & Staking Integration.
2022 Q4 WeBuy v2.0 Release
DAO Buy Integration
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.