The first instance of an ERC-721 token being fractionalized into ERC-1155 tokens.
Deeze (@DeezeFi) of fractional.art fractionalized CrypToadz #5128 into 10k ERC-1155s and valued them at 0.007 each (implied valuation of 70 ETH which was the floor for Murdered by Fronkz CrypToadz at the time of transaction). The reserve price was initially set to 142.69 which could be voted to be changed upon acquiring fractions.
The vault, which eventually sold on December 19th, back to Deeze, for the listed 70 ETH reserve can be viewed at https://fractional.art/vaults/fractional-cryptoadz-5128
No Notifications