Fractional ownership, which might sound like a complex term initially, is a simple concept. Imagine owning a piece of fancy artwork like the Mona Lisa, but you don't have to buy the whole painting; you can own a part. That's the essence of fractional ownership. It's like going in on a big purchase with friends, but instead of a house or a car, it's a piece of art. Now, how does this apply to digital art? In the digital art world, it's all about using .
This innovative approach blurred the lines between traditional art ownership and modern technology. valued at approximately $5.6 million. Another example of fractional art investment relates to the 1982 Jean-Michel Basquiat painting "The Warrior," which became available for investment on the Masterworks platform. Initially, investors could acquire shares of this artwork for a modest $20 per share. Eventually, the painting was for the investors who were involved.
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