Turning NFTs into tokens with ShardifyTL;DR: Meridian Club has launched a new service enabling the fractionalization of NFTs on TON, allowing users to purchase portions of any NFT.
The service has entered beta phase, highlighted by the introduction of the Notcoin Pre-Market voucher pool.
Quick start guide: Visit Shardify and choose the Notcoin Pre-Market collection.
Deposit an NFT into the collection's storage. In exchange, you receive wNOT (wrapped NOT), with each NFT allowing for the creation of approximately 10 million wNOT (minus service commissions). wNOT will be exchangeable at a 1:1 ratio with Notcoin. This system links NFTs to a fungible token (wNOT) backed by NFTs locked in the smart contract.
You can use wNOT for various purposes, such as making transactions or trading on DEXs.
Tokens can be converted back to the original NFT at any time through the unshardifying process.
Developed since Autumn 2023, this initiative reflects Meridian Club's dedication to fostering a community of Web3 enthusiasts and advancing blockchain solutions. Aligning with TON's vision of putting crypto and Web3 in every pocket, this service opens new avenues for NFT ownership, making it more accessible and flexible for a wider audience.
Important disclaimer: The beta version of this service charges a 20% commission fee on transactions. Users are advised to do their own research.
