What is the concept of fractional ownership in the world of cryptocurrency?

3 answers

• Nov 23, 2021 · 3 years ago
  Fractional ownership in the world of cryptocurrency refers to the practice of dividing ownership of a digital asset into smaller, more affordable units. This allows multiple investors to collectively own a portion of the asset, proportional to their investment. Fractional ownership is made possible through the use of blockchain technology, which enables the creation and trading of digital tokens representing ownership rights. The benefits of fractional ownership include increased accessibility to high-value assets, diversification of investment portfolios, and the potential for liquidity through secondary markets.
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• Nov 23, 2021 · 3 years ago
  So, fractional ownership in the world of cryptocurrency is like sharing a pizza with your friends. Instead of buying the whole pizza, you can buy a slice or even just a bite-sized piece. This allows you to enjoy the deliciousness of the pizza without having to spend a fortune. Similarly, fractional ownership allows you to invest in valuable digital assets without having to buy the whole asset. You can own a fraction of it, which is more affordable and accessible to a wider range of investors.
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• Nov 23, 2021 · 3 years ago
  At BYDFi, we also offer fractional ownership of digital assets. With fractional ownership, you can invest in cryptocurrencies like Bitcoin or Ethereum without having to buy a whole coin. You can own a fraction of a coin, which is perfect for those who want to start small or diversify their investment portfolio. Fractional ownership is a great way to get involved in the world of cryptocurrency and potentially benefit from the growth of digital assets.
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