Nftfy is a Decentralized Application that provides the fractionalization of Non-Fungible Tokens. It is the trustless way of sharing ownership of NFTs, allowing the connection to all the DeFi functionalities and bringing instant liquidity to the NFT ecosystem.

It is a permissionless protocol that allows anyone to generate ERC20-compliant fungible Fractions fully backed by the NFT. Once you do that, you create a whole new market full of possibilities, being able to integrate the NFT Fractions into all the other DeFi applications.

To learn more about this project, check out our deep dive of [Nftfy](https://coinmarketcap.com/alexandria/article/what-is-nftfy).