A slice of the punk: Cryptopunk NFT to be split into 56,000 pieces
A valuable Cryptopunk nonfungible token is set to be fractionalized as more than 56,000 addresses sign up for a share of ownership. Nonfungible tokens (NFTs) continue to capture the imagination of the cryptocurrency space , with some of the most popular projects attracting hundreds of millions of dollars from investors. Projects like Cryptopunks and the Bored Ape Yacht Club epitomize the exclusivity of the most lucrative collections, with each NFT far from accessible to the average investor. A new campaign intends to give a wider base of investors a stake in some of the most valuable NFTs by fractionalizing ownership to reinstate accessibility. Unique Network, an NFT infrastructure running on the Kusama and Polkadot networks, will split the ownership of a Cryptopunk to more than 56,000 addresses that have signed up for a share. The campaign offers users a chance to participate in what has become a highly siloed environment, as Unique Network CEO Alexander Mitrovich explained in a sta...