S1 E18: Democratizing Access to NFTs (Cryptnotiq)

DAOn the Rabbit Hole

On this episode of DAOn the Rabbit Hole, we’re chatting with Cryptnotiq, founder of Fraktal. Fraktal is an NFT fractionalization ecosystem consisting of the Fraktal Protocol, their native governance token ($FRAK), and the Fraktal DAO.

Cryptnotiq brings us back to the first days of Fraktal - a project that began as a workaround for sharing revenue generated from music NFT sales. The result is a protocol that allows many people to share ownership over one NFT, opening the doors to all types of new applications.

Cryptnotiq explains the many use cases for fractionalizing NFTs, including increased liquidity and co-ownership. We also discuss the advantages of NFT fractionalization as well as some common misconceptions.

The Fraktal Protocol is entirely governed by Fraktal DAO - a decentralized community of $FRAK holders that protects against any wrongful extraction, and gets rewarded in the process.

Cryptnotiq looks to the future of NFTs and DAOs with optimism, and shares his thoughts on the potential impact of this new technology.

To continue this conversation and stay up to date on all things DAOn the Rabbit Hole, you can follow Diana on Twitter @ddwchen and RabbitHole @rabbithole_gg. You can learn more about Fraktal on Twitter @FraktalNFT and on their website https://www.fraktal.io/.

⌛ TIMESTAMPS:

0:00 Intro

0:57 Cryptnotiq Intro

2:03 NFT Fractionalization

3:02 Use cases of fractionalized NFTs

4:50 Advantages of fractionalized NFTs

5:50 Misconceptions of Fractionalized NFTs

6:36 Fraktal Protocol

7:46 Fractionalization and NFT pricing

8:38 Fraktal and Charged Particles

11:06 Fractionalized NFTs and NFT DAOs

11:59 Fraktal DAO

15:56 How to get Frak

16:36 Fraktal Sub DAOs

18:18 Incentivizing Fraktal DAO

12:10 Comparing Fraktal and Fractional.art

21:38 DAO Structure

23:14 The future of NFTs and DAOs

26:48 Government and DAOs

29:18 This or that

30:29 Follow Cryptnotiq!

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DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.