The fractionalization of NFTs will lead to better social tokens

Social tokens are starting to gain traction.

2. Fractionalize ownership with royalty-bearing NFTs: “Fractional ownership” is one of the more widely discussed use cases around NFTs. Here, a fraction of a song is sold as an NFT, with the owner then being entitled to the equivalent portion of royalties generated from the commercial exploitation of the song.

If digital art and PFPs are good news for visual artists, fan tokens unlock a whole new value stream for the rest of the entertainment industry (film, music, sports in particular). They also break the stranglehold that LA has over film and music, better connecting up-and-comers, growing the pie for all creators, and slashing LA producer “take rates... See more