Here’s What Creators Should Know About Fractionalized NFTs

Founder Andy Chorlian shares the story behind fractional.art and the unique ways creators are using the protocol to build communities.

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Listen on: Spotify | Apple Music | Google Podcast

Background

Mint Season 3 episode 17 welcomes the founder of fractional.art, Andy Chorlian. From working at MakerDAO to becoming a top collector at NBA Top Shot, and now founding an innovative NFT protocol – Andy is a leading voice worth learning from.

In this episode we discuss:

  • 0:00 – Intro
  • 2:06 – Growing Up 
  • 5:44 – Video Games & Crypto
  • 8:50 – The Beginnings of Fractional
  • 20:41- Artists’ Reaction to Fractionalization
  • 25:49 – Exciting Developments in NFTs
  • 28:56- Fractional in a Multi-Chain Future?
  • 30:44 – Outro

…and so much more.


Thank you to Season 3’s NFT sponsors!

1. Coinvise – https://coinvise.co/

2. POAP – https://poap.xyz/

3. Socialstack – https://socialstack.co/

Interested in becoming an NFT sponsor? Get in touch here!


Intro

Andy, welcome to Mint, man. Thank you so much for being on. How are you feeling?

I’m good. I’m good. Thanks for having me. 

I think we met six months ago at EthCC in Paris and I was like, yo, fractional is sick. Come on Mint! You’re like, yeah, we’ll figure something out, and like six, seven months later here we are. All in good timing though, all in good timing. All right, dude. Let’s get started. Who the hell are you? What should people know about you? But more specifically, what were you like before crypto? 

Alright, honestly, I was basically the same in my opinion, but I don’t know. You can ask Allie, she’d be more insightful to it than me. So prior to crypto stuff, I mean, I felt like basically all my adult life doing crypto stuff. So also like basically prior to crypto stuff, I was in college. But I went to Villanova and studied computer engineering for a while. I thought I actually wanted to get into sports analytics stuff. I spent the summer after college DM-ing every general manager in the NBA on LinkedIn, or like anyone who worked in data analytics is in the NBA trying to see if I could get something there. Fortunately that didn’t work out. So that’s good. It all worked out for the best. I had like a really boring job doing backend stuff and then just kinda found my way to be at a FinTech company writing solidity in 2017. I went to MakerDAO at the start of 2019. I started like January 1st, 2019. Worked there for two years. Left to do like some consulting stuff and other random stuff, and then started fractional in February of this year. Outside of crypto stuff in general, I’ve always been pretty into sports and video games. Those are my big things that I do for fun in my free time. I’m a really, really big basketball and football fan. I used to play a lot of daily fantasy sports and do my own player projection models and all of that kind of stuff. I don’t really do that anymore. I play some underdog cause it’s super, super casual, which is nice. But no more crunching lineups for four hours before tip off and all of that. But those were the good old days.

Growing Up 

Did you play basketball and football growing up? 

I would play with my friends. I played football in high school. 

What’d you play? What was your position? 

I was a tight end and defensive end. I was better on offense than I was on defense. I was a pretty good blocker. I was not a route running tight end. 

Got it. Dude. Growing up, I hated sports. I was a fat ass growing up. I kind of still am, but if you’re a fat ass, you typically lean towards football, right? Like just you’re a good shield. You’re a good brick wall kind of like in the front. So I was very much a lineman. I don’t even remember anymore. That’s how out of tune I was, but I remember in middle school I played football with the local angels league. And then when I got into high school I joined the high school team. It was still like fucking nobody on there and was dirt shit, but it gave me the appreciation of what sports was like. My brother is a basketball player and he’s like six foot something, six foot one. And he was always just a sports person. I was always the music person I’m like pointing right behind me, but yeah. So, you were a lineman basically, right? You were in the front? 

Yeah. 

Okay. And then basketball, you played growing up as well? 

Yeah, not on teams, really. I stopped doing that. So, I hit my growth spurt pretty late. I’m like six feet tall, but I was five one, so like eighth grade. I was like, ah, you know what? Basketball is not for me. And then, I grew a lot like sophomore year of high school. So I just played casually with my friends. We used to, especially like sophomore and junior year, I think. Maybe senior year as well. We would just go to our local rec center and play most days after school. We would like to go play basketball, go back to a friend’s house, play halo or call of duty, and go home for dinner. That was like our normal afterschool evening. 

Into playing video games, I feel like that’s a very underlying common theme amongst many people in crypto, myself included. I started playing Club Penguin and Runescape. Like that was my thing. What’d you play other than a halo? What was it? 

Yeah, so I started out playing on console, doing call of duty was the one that I was best at. I would go to a lot of the local tournaments and stuff growing up, but also played Madden. Then I moved over to playing PC games later on in high school and I was playing StarCraft. I was terrible. And I was playing league of legends, like very early on. I was also terrible. I’ve never been good at League of legends. I still play for fun sometimes. I’ve never been better than gold two in league of legends, even though I have so many hours. But the games that I generally have done better at have been the more strategy style games. Back in college, I was playing Hearthstone pretty competitively. And then more recently kind of like right at the start of COVID and a little earlier than that, I was playing this game called team fight tactics, very competitively. Like I was legitimately considering trying to like, become a Twitch streamer and go pro in this daily. But another one of those moments where like, fortunately it didn’t work out, like let’s do something else. But now I just play it for fun. It’s like a nice game to take four to five minutes and chill and do something else, turn my brain off. 

All right. I love it. The only person that comes to mind, I guess, character wise that I always admired was like Zima in Runescape. Do you remember Zima? 

Yeah. Man, it’s been a long time. 

It’s been a minute, but for whatever reason, that name always stuck out with me. I remember I was playing Runescape and my account got hacked and lost all my shit. I became depressed. I was like in middle school, andI didn’t want to talk to anyone. My parents couldn’t talk to me, whatever. Video gaming, sports, college, got into crypto during college. Studied computer science. 

I actually did not get into crypto in college. I got into crypto one year outside of school. So I guess I got into crypto, like at the end of 2016 and the start of 2017. And then I started doing it full time at the end of 2017. 

Video Games & Crypto

Got it. What do you think are like the biggest similarities between video games that you grew up playing to crypto in general? Like why do you think there’s such an underlying theme amongst a lot of people in the games that they played back in the day? 

Yeah well, I think like… I’m a really large proponent of video games in general. I think that they really help with critical thinking, problem solving, a lot of this stuff, you know, if you’re actually playing games that are competitive or playing games that are challenging. Obviously you can play candy crush all day and it’s not going to do anything for you. But I legitimately think a lot of the way that I think about challenges and stuff has been helped a lot by video games. Whether or not that’s true, who the hell knows, but I believe it. I think that a lot of the people who are big in crypto or really into crypto, probably grew up online a lot. Like I definitely did. And also they’re very good at problem-solving and they also enjoy the PVP nature of crypto. You know, I think crypto is extremely like overall, a rising tide lifts all ships thing, but there is a lot of PVP that happens in the meantime. I think that people who are really into video games and good at video games are good at that, and probably also really enjoy it. Even outside of the making money part, I thoroughly enjoy doing things like degenerate yield farm stuff. Trying to figure out when you should pull out of pool 2 and all of those types of things. To me, that’s fun. And like even without the money side, it’s just like a fun thing to do. I think that there’s definitely a pretty big connection there where people just enjoy doing stuff online with other people, and crypto is like the ultimate online arena for all of that stuff. 

Crypto is the best way to solidify all that and bring it on and actually attach tangible value. I remember when I used to play, like I used to accumulate a lot of coins in Runescape and try to sell it online for actual cash. 

Yeah. I remember the Diablo two or Diablo three, like auction house stuff. My buddy sold something he found for like 400 bucks and we were like, oh my God, that’s crazy, dude. Like what the fuck? 

And all these random ass accounts selling for like tens of thousands of dollars because they have 99 everything. Okay. I get it. I feel you. So when did you kind of buy your first NFT? And do you remember what it was? So two questions. 

So there’s kind of like two answers. I’m pretty sure I bought a couple of crypto kitties back in 2017, 2018, when that was all happening. I don’t know what those wallets were or anything. That was like right when I was getting into all of this and I was like, this is really stupid, and I just bought a couple. So I don’t really count those to be honest. Cause I generally discredited NFTs at that point and like thought it was dumb. I just didn’t really get it. Then probably, I don’t remember the first to be honest. It was probably sometime during DeFi summer stuff. So it was like Summer of last year. So not that long ago, I’m not like some crazy NFT OG who was buying stuff beforeOpen Sea existed. Level A NFT collector by any means.

The Beginnings of Fractional

Got it. So how did that lead to fractional? Like how did you go from getting into crypto, working on projects, going to MakerDAO. What is the narrative behind that story? 

Yeah. So I think for me, with NFTs in particular, what really unlocked a lot for me was the NBA top shot. Just because, like I was saying earlier, I’m a huge basketball fan. And just like doing that and buying stuff, because it was actually just fun for me, as opposed to being like, oh, this is going to make me the most money. It was a very eye opening experience for me. Cause I hadn’t really thought about NFTs that way or I understood the idea that it could be a thing, but I hadn’t had a moment where it was for me, and so it was harder to wrap my head around. And so that was really very helpful in kind of understanding the value prop of NFTs. Prior to being super into crypto, I was writing bots to buy and flip Supreme and Kith and all this stuff and collecting sneakers. I have way more pairs of sneakers and I can fit in my small New York city apartment in my closet. So the value proposition of digital scarcity and collectibles and all that kind of stuff was not new to me. I just hadn’t really totally registered it in the digital world as opposed to the physical. And also like, I’m not a finance guy. To be honest, DeFi is cool. I like DeFi, it has made me a lot of money, but I’m not super compelled to design the next most efficient bonding curve for token swaps or something. That’s not what I studied in school. It’s not what I’m passionate about. You know, collectibles and gaming and sports and like that just all kind of lean towards NFTs more. And then fractional in particular from there it was just a lot of the conversations I was having with people who were coming from the daily fantasy sports world and stuff, primarily in top shot, but then also getting into crypto punks and all this like group buying stuff. And I was like being able to buy things online with your friends should be more than just wiring your one friend a bunch of money or Venmoing your friend and him buying something. There should definitely be a more elegant way to do that. And then you just kinda take it a step further and you’re like, sure, people want to buy stuff with their friends, but then like also people just want to own pieces of things that are exciting and interesting. It’s way more exciting to own 1% of an alien crypto punk than it is to own some random garbage NFT that you can buy on open sea. Just trying to figure out the right way to unlock that for people and make that accessible is really exciting to me. 

By the way, I came across that realization personally, when you guys had that big PR event with the zombie of the living dead. A lot of people kind of came across fractional through that drop, and I was like, fuck, I’m too broke to afford a crypto punk, but shit, this one’s sick. Like I’ll buy it. I’ll buy a piece of this one. You know, like this one’s pretty cool. 

Yeah, no, totally. And I think that one of the things now that we’re really having to figure out and deal with is like that next step from, oh, I want to buy this thing, that’s cool, to like really being able to show and display that you fractionally own something. And really continuing to press into the ownership and collecting side of all of it. That’s something that we’re like spending a lot of time trying to figure out what’s best there and what’s right. What we’ve noticed is there’s a ton of interest at the time of fractionalization. When there’s a cool new thing, that’s fractionalized everyone’s like, oh, this is sick. But then like, sometimes that interest dies out over time, comparatively to other like full NFTs. Well, part of that is just kind of part of NFTs and people are going to buy stuff, not for the right reasons and then sell it because they’re no longer interested, but it’s definitely an interesting challenge to try to work with.

So we talked a little bit about fractional, but I want to backtrack for a minute for those who don’t know what fractional is. How do you explain it to normies? What does that narrative look like for you? 

Yeah, so I guess like the really, really basic version is fractional is a way to buy a piece of an NFT. That’s like the super normy “I don’t understand anything about crypto” version of this. The slightly less normy version is fractional is a decentralized protocol where users are able to trustlessly buy and sell fractions of NFTs or fractionalize their own NFTs. Then the really more complicated version is a decentralized permissionless protocol where you can buy, sell, or mint fractions of things and create any type of other applications on top of that, like a party bid or all of these different things. It really tries to be very low level and unopinionated so that you can do whatever you want. And that’s super important to us to encourage that people are empowered to develop and build whatever they want on top, while being able to plug into like a very trusted, decentralized framework for fractionalization. 

I like how you approached it from the three tiers. It reminds me of the IBM video that came out, like what is blockchain. When they’re trying to explain it to a kid and then like a PhD professor. I guess my next question to you, and we talked a little bit about this, like the feeling of owning a part of something bigger, but why in general, beyond art? Why is fractionalization and co-ownership so important?

Yeah. Well, one of the things that is really interesting is just how much fractional has kind of turned into a social media app in a way. It wasn’t something I completely expected, but it definitely is happening where it’s like one of the biggest use cases for all this is just to own something online with your friends. I’ve almost been calling it like subreddits for NFTs, where everyone who fractionally owns a thing together, they have this set thing that drives them altogether, which is fractional ownership of an NFT in the same way as like a subreddit, maybe it’s MMA or whatever. And it’s not like this crazy intense social graph of people that have tons of responsibilities and they’re driving forward the value of MMA, but they all like it, and they all want to go and kind of talk about it sometimes and talk about it with their friends and post stuff on the subreddit. And I kind of think about fractional ownership in the same way, where we’re like empowering people to own something with their friends and with strangers online and hopefully have as much or as little interaction with them as they desire. And that’s really powerful, and the community that you can build around that stuff is really additive to the NFTs themselves. And it also creates a more open world for NFTs that’s inviting to new people. Like I saw someone tweeting, what are the best NFTs for a Christmas present that are under $50? And like, it’s really hard to find NFTs that people think are really cool and also are under $50. Because it’s kind of like the nature of how things are right now. There’s not enough of a market for that price point of NFT, but fractional can come in and fill that very nicely.

Are you getting into the gift giving world of things? I can honestly see someone building an application layer on top of that, using your protocol, which could be super sick. 

Yeah, I totally agree. It’s something that I would love to see happen. It’s not something that we’re going to explicitly build anytime soon, but those are the types of things that fractional unlocks that I get really excited about where it’s like, how do we create the appropriate infrastructure for people to have a really great way to gift an NFT to their dad for Christmas that like is actually cool and exciting and, is a fun thing to own. As opposed to just, you know, whatever random thing they’re able to find, or I dunno. I think that stuff is really exciting. 

Super cool. You know, one thing that I really admire as to how you guys went to market, not necessarily went to market, but like how you guys think about marketing and driving traffic and users to fractional is, there’s this DAO called Pleaser DAO. A lot of like the big Dick energy that you guys kind of put out there is buying these really, really dope pieces and then attempting to fractionalize them. The most common one is the doge piece that hit shelves across Bloomberg, everywhere. Like everybody was talking about it across Twitter. It was an incredible success. I think about normies coming to the space, understanding what fractionalized NFTs were, experiencing maybe even some of their first tokens, et cetera, et cetera. But I love this whole concept that you guys are kind of like exploring publicly. Building this really powerful protocol, adding a layer that has like a consumer element, but then attaching this collector DAO to it that kind of like practices what they preach, right? In buying these pieces and then using the platform and the protocol to kind of put it into action, which creates a whole nother layer of like social awareness of bringing a product to life, which I thought was super, super interesting. Was that planned, this type of strategy? Did that happen accidentally? Walk me through that, and maybe I’m like talking out of my ass too, but it’s something that I noticed kinda was super cool about you guys. 

Yeah, and honestly, as much as it may seem like it, there’s essentially zero connection between Pleaser DAO and fractional other than that, I am in Pleaser DAO. It all just happened very randomly. I started fractional in February. Pleaser DAO started in April? I don’t remember. And it just kind of was very clear inside of Pleaser DAO that what people wanted to have happen there was fractionalization and buying things and, you know, redistributing them to the larger community and the people who were able to make those things happen and who those items are important to. Like, it was just really funny and fortunate timing that like, I was also working on fractional and then those two things aligned so nicely. I’m also very thankful that the people in Pleaser DAO are supportive of fractional and are excited and happy to use it. And like, obviously I’m biased inside of Pleaser DAO in that I like using fractional. But, I am but a small vote in the larger DAO of people. That’s one of the things that we really focused on with fractional was, like I was saying, wanting to make sure we’re unopinionated so you can kind of really do whatever you want. And I think that was really compelling for Pleaser DAO in fractionalizing the Doge NFT. As Pleaser DAO goes forward and does other things, there’s like no commitment from the Dao by any means to use fractional for everything, and I wouldn’t want them to do that either. To me, it’s just a fun group of people that I’m collecting stuff with. When the situation is right, Pleaser DAO will hopefully use fractional for the right things. To be honest for me, a lot of that just feels super fortunate. It just kind of all fell into place where, you know, a bunch of friends all bought some stuff and I happened to be one of them and we just decided to fractionalize it. I wish I could say that it was like some master plan that I had.

But like, think about it. You know, a lot of products and protocols are launching daily in crypto. If you zoom out for a minute, and you’re like looking at it from above, and you’re like, wow, that’s actually a really cool way to bring something to life. It’s like design the protocol for it and then build a use case around it, and have this crazy PR event. And I dunno, I thought it was a super cool angle to bootstrap users and to kind of create awareness.

Thank you. I think, where for me, like the strategy part of that for fractional comes in, is more just like we’ve been really intentional about building good relationships with collectors and creators and different people to where, when they come to a point where they say, Hey, maybe we want to, fractionalize something, hopefully they think of fractional and they want to use fractional. That’s been extremely intentional. And so far, I think we’ve done a decent job at that. We can always do better, but I’m pretty happy with how that’s gone. And so I think that that’s where the more intentional side was. Pleaser DAO in and of itself just happened to be one of the things that spun up, but fortunately I already had a lot of relationships with people there and friendships, and there was a trust in what we’ve built to put something that was worth so much into fractional. But I totally agree. I think that we’re going to see more and more companies and protocols basically build their protocol and then prove the usefulness through applications, even like mobile apps with all these different things, you know, like you can see it with compound as well, where they have like the compound treasury now where like compound made compound protocol and now they have a significantly different app that’s utilizing compound treasury or utilizing compound protocol called compound treasury, where they’re like working with larger institutions to get them better yield. And so I think we’re going to continue to see those kinds of things spin up more and more. It just makes sense. 

Artists’ Reaction to Fractionalization

You know, and just adding a little bit more to it. Coming out with fractional, other projects kind of like brought more awareness to the platform. There’s this iconic Doge event of Pleaser DAO buying the initial doge piece, then going to fractional and fractionalizing it, and kind of bootstrapping a lot of liquidity and boosting the value of the underlying asset, and then going to NFT NYC and seeing all the dogs everywhere, the Doge is everywhere, right? And adding more character and more culture to the drop itself and how this like piece of technology enabled that, right? It enabled that level of movement and that level of culture, that level of togetherness. I thought it was super, super cool. One thing that I wanted to talk to you also about is, you brought up this concept of creators using fractional, and if they want to fractionalize something, they think of you guys. What has been the response so far of creators seeing their pieces of art being deconstructed to bits and pieces and co-owned by many, many people? What has been the sentiment around that? 

You know, it’s funny. It’s been different based on who you talk to, not surprisingly. Some creators are super excited about it. They’re like, this is awesome. Basically love that I can, you know, reach a broader collector base and all this other stuff. I think other creators kind of enjoy the exclusivity of their work, like rightfully so. That sometimes is a very powerful part of what they’re doing, and so maybe they’re not as big a fan. Haven’t really had anyone be like, Hey, don’t like this, take my NFT down or something. That has not been a conversation we’ve had, fortunately. But it’s definitely been a spectrum. I would say for the most part, people are super excited about it. It’s generally pretty compelling without having to dilute your exclusivity or anything, just have a fractional piece that, you know, the smaller non-whale people can come in and collect and be a part of the community and all that. So I think the most positive response has been around the ability for them to bring in a ton more collectors to their art who otherwise would have been priced out of it. 

I had Tyler Hobbs on mint, actually in the same season, I think he was like episode one or two. And we talked about how he feels about seeing his art on fractional, and what’s really intended to be owned by one person is now being co-owned by many people, and he had an interesting point. He’s like, well, my art is meant to be enjoyed by the masses. Define enjoyment. Enjoyment can come in different shapes and forms, right? If people define their level of enjoyment by owning something, then who am I to say that that should be owned by one person, right? Maybe that should be owned by multiple people. And I thought it was an interesting approach, but I could also see it kind of backfiring when fine artists are really building and designing and creating for one collector right? That’s their strategy, and then that collector goes on fractional, and democratizes it. Like everybody can have it now and enjoy the perks of the piece of art! So I thought that was a super interesting insight. From what I’m understanding that has kind of been the sentiment as well from what you’re seeing give or take.

Yeah, I would say generally. Obviously, you know, every single instance of it is different, but for the most part it’s been a pretty good response from creators who have been excited to have this be a new tool that they can use. 

Have you seen any unique use cases of creators using fractional in a different light than you would have imagined initially? Anything come to mind? 

 I’ve seen some interesting stuff around 10,000 PFP projects with different things that they’ve done with fractional. Like there’s like the punks comic stuff and different things like that. As far as more specifically a creator who’s doing more traditional art, whether it’s photography and stuff, probably one of my favorites has been the photo vault, which there’s now two different photo vaults on fractional, but they’re collections of different photography artists’ NFTs. And the vault has now actually licensed the artwork that’s inside of them to time magazine, which is really cool. I have no idea what that means to be honest with you. I was not privy to whatever the legal conversations were around licensing a fractional vault of NFTs. It was one of those things where I found out the announcement because like time or photo vault had announced it. I had no idea, which to me is like a huge win. Like if stuff like that is happening on fractional and we don’t even know about it, that’s like the ultimate pro. It means people are doing really cool shit that we didn’t even think of or didn’t plan, and that’s exactly what you want. So it was a good thing to have, but one day we saw the tweet in our slack, and I was like, oh, I had no clue. I think that one’s been really, really cool. And I just love in general when there’s been somewhat of a push by different people to use fractional and the fractionalization and, you know, these vaults to support different types of artists or different groups of artists. I know there’s been someone in some of our Twitter spaces lately talking about wanting to create vaults of NFTs around women artists, and like buying more women’s artwork with the proceeds of selling the fractions and all of that. I think there’s just really cool stuff that can be done where you’re kind of creating access for like a ton of people to be able to support different groups of people and stuff. I haven’t seen a ton of explicit use cases of it yet, but I’ve been hearing a lot of conversations about it, and I’m excited to see where that all goes.

Exciting Developments in NFTs

Yeah, I’m also super excited. You know, part of Mint is basically showcasing ways either founders are building for creators either directly or indirectly, and when I had Tyler Hobbs on and he kind of brought up that situation, that use case. It’s like, oh, this is actually a pretty cool way for more creators to kind of explore what asset ownership, what art ownership means to them and their collectors and what that can kind of do from there on out. So, yeah, super interesting. One thing that I’m super excited about that I’m seeing a lot of other people get excited about is photography NFTs. Are you collecting some yourself?

I don’t have a ton, if I’m being totally honest. I have one drifter shoots where my Vans go, which is sick. Those are definitely my favorite, I love them. I need to spend more time really getting into it, to be totally honest. I don’t have nearly as much time now to be like deep in the weeds on foundation, on Zora, and open sea finding like the next thing. A lot of the time I’m just DM-ing and in slack like, “Hey man, what’s, what’s hot. Tell me what should I be looking at”? But yeah, so right now I have some of the fractionalized RAW DAO NFT prior to it being bought out the first time. The twin flames, I had some of that. Right now, the main photography NFT I have is the drifter shoots, but I’m in the market. I need to do some more research. One day I’ll have some free time. Maybe over the Christmas holidays. 

There you go. How do you imagine people would kind of use fractionalized assets to bootstrap the community? I know we talked a little bit about this with the doge drop, but how does it go from there? Is this something you guys are thinking about internally? Because I know you guys have a big community arm kind of leading a lot of the narratives and the voice around fractional next to you. How do you think about that? 

Yeah, it’s something that we’re still trying to figure out internally. In a lot of ways to be honest, it’s like, should fractional be providing infrastructure for people to have larger community discussions on our website or on another website? Should there be forums for different fractional NFTs? Should we be allowing people to plug in full governance to fractionalNFTs, where you can really bootstrap a DAO and do all this other stuff? And like the answer right now is still kind of we’re not totally sure. We’re spending a lot of time. I’m really excited. We just brought in someone to lead product for us who spent a lot of time doing a lot of user research and different things like that in his previous job. Really excited to start doing a little bit more like surveys and just like talking to people and figuring out exactly what it is, when people talk about building a community or bootstrapping a community around a fractional NFT, what does that actually mean? What is it that you really want to be doing there because there’s a million different ways that could go. And so the short answer is yes, definitely. Fractional wants to be supporting and empowering people to build communities on top of fractionalized NFTs. But the long answer is like, yes, but we haven’t quite figured out what that means or how we’re going to do it yet, and so we’re still kind of in the exploratory phase of how much do we need to be supporting people as far as like the technical chops of creating a community. We’re still trying to figure that out. 

Fractional in a Multi-Chain Future?

Yeah, it’ll be super interesting to kind of see how that unfolds. I’m looking on the website right now, and, you know, there’s so many different pillar assets that diverge into smaller pieces of assets that within themselves, each have their own respective communities, right? And a lot of what fractionalization does is it democratizes access to something that otherwise wouldn’t have been accessible. That within itself is like the big ethos of community I feel like. So there’s definitely a twist and a play, and it’s interesting to hear kind of like you’re seeing more of a social side appear through the fractionalization of art. Is it only on Ethereum right now? 

For now, yes. 

Are there plans? Can we do some alpha leaks right now? Are there plans? 

I won’t leak anything too hard. I will say fractional plans to be anywhere that there are valuable NFTs. I’ll leave it at that. So, we are actively working on that. I think the biggest challenge for us there, we take our UI really, really seriously. Not to toot our own horn. I think, you know, maybe it’s not as edgy as some crypto UIs are. It feels a little bit more web 2.0, but I do think it’s really clean and it works nicely and it is intuitive. 

I think that’s why it’s so powerful because it’s not curve finance, right? 

And yeah, we really try to take that seriously. We have a lot of users who are relatively new to crypto and we want to be a place where users who are new to crypto can come and buy stuff and just like, kind of start to test the waters. So, when we do have multi chain support, we want to make sure that it’s a really good experience. I can’t say that a lot of websites do have great experiences when it comes to certain things, and I don’t really blame them. It’s really, really hard. So we just wanna make sure we take the time, make sure we get it right, but it’ll come.

Awesome. I think that’s a perfect place to end off short and sweet. Andy, you’re a rock star, bro. Thank you for being on. Where can we find you? Where can we find fractional? Give us the hot take. 

Outro

Yeah, thanks for having me. This was really fun. The best place to find me is going to be on Twitter. My handle is @andy8052. It’s my handle, basically everywhere. Fractional’s Twitter handle is fractional_art and our domain is fractional.art. But yeah, Twitter is the main place you’ll find us, otherwise we have a discord that you can find links to on our website. Yeah. Thanks again for having me. This was really fun. 

Thank you. 

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