DIVIDE
NFT INTO
100,000
parts
You can easily own one
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DECISION-MAKING OVER NFT THROUGH
In NFT DAO, the initiator performs decentralized governance of the organization through DAO tools. Besides tools and trading, there are communication and collective decision-making.
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HELP
Confti is an open-source protocol consisting of a series of smart contracts that operate on Ethereum. Its builds NFT division tools and the one-stop decentralized solution for NFT issuance, crowdfunding, division, and trading for NFT investors.
Currently, Confti supports NFTs from Zora and Foundation. Soon, OpenSea and other popular marketplaces will be supported.
A party is a decentralized organization that participates in auctions through crowdfunding. A party can pool assets of its participants to join designated NFT auctions or buyouts. In crowdfunding and at auctions, a party keeps and manages funds and assets via decentralized audited smart contracts.
First, you need to hold some ETH.
Go to Parties on the Confti website and choose the NFT you wish to buy through crowdfunding.
Next, choose a party that meets your requirements and invest a certain ETH amount.
You successfully joined a party!
Go to Parties on the Confti website and choose the NFT you wish to buy through crowdfunding.
Next, choose a party that meets your requirements and invest a certain ETH amount.
You successfully joined a party!
There are two possible scenarios:
1. If the party you joined wins an NFT auction, you will get a certain number of fractionalized tokens of that NFT (we call them “parts”) according to your investment amount;
2. If the party you joined does not win an NFT auction, you won’t get NFT parts. You will be able to recover the ETH you invested in the party.
1. If the party you joined wins an NFT auction, you will get a certain number of fractionalized tokens of that NFT (we call them “parts”) according to your investment amount;
2. If the party you joined does not win an NFT auction, you won’t get NFT parts. You will be able to recover the ETH you invested in the party.
Sure! Go to Parties on the Confti website, choose the desired NFT, and start a party. You and other users can join it.
Division refers to NFT fractionalization operations. They include:
1. Fractionalization of NFT(s);
2. Trading of NFT parts;
3. Governance of fractionalized NFTs.
1. Fractionalization of NFT(s);
2. Trading of NFT parts;
3. Governance of fractionalized NFTs.
Fractionalized NFTs are in custody of audited distributed smart contracts.
Not any. There are various NFT minting standards. Currently, Confti supports division of NFTs minted under ERC-721 and ERC-1155.
During division, NFTs are pledged into a smart contract and their respective parts are issued. We call such a division project a “vault.”
We call an ownership token (ERC-20) issued through division a “part.”
Market valuation of parts = the total supply of parts × the current market value of a part.
Market prices of parts are dynamically established in various liquidity pools.
Market valuation of parts = the total supply of parts × the current market value of a part.
Market prices of parts are dynamically established in various liquidity pools.
1. You can join a party, and after your party wins an NFT, you can claim your parts after the NFT division.
2. You can buy parts in the secondary market.
2. You can buy parts in the secondary market.
1. A part means you partially own the NFT in the vault.
2. You can determine the auction reserve price of the vault as per your share of the total number of parts.
3. You can use parts to provide liquidity in the secondary market and earn rewards for it.
4. You can get a share of the vault buyout amount as per your share of the total number of parts.
2. You can determine the auction reserve price of the vault as per your share of the total number of parts.
3. You can use parts to provide liquidity in the secondary market and earn rewards for it.
4. You can get a share of the vault buyout amount as per your share of the total number of parts.
Yes. After division, you can buy NFTs at a vault auction. Winning a vault auction means you bought the entire vault with all NFTs in it.
