Selected as one of the top 0.5% of applicants and awarded the Ethereum India Fellowship 2.0 for Track 2.

The NFT market has a fundamental liquidity crisis. While a tiny fraction of blue-chip NFTs maintain value, over 99% of non-fungible tokens lose value and become completely illiquid after their initial mint. Owners are forced to wait months for a single buyer, and secondary markets see minimal trading volume.

Analysis of CryptoKitties data showed that over a 7-day period, only 1,051 cats traded for a total of $23K. Of those, just 61 trades (5.8%) exceeded $100. The vast majority traded for a few dollars or less.

Fractional NFT Bazaar solves this by breaking high-value NFTs into ERC20 shards. Each shard represents pro-rata ownership of the underlying NFT, turning an illiquid single asset into a liquid, tradeable token compatible with the wider DeFi ecosystem.

Lock — An NFT is deposited into a ShardedWallet smart contract vault

Mint — ERC20 fractions are minted with configurable name, symbol, total supply, and initial price

Distribute — Fractions are offered through a FixedPriceSaleModule or BasicDistributionModule crowdsale

Trade — Fraction holders can trade shards freely on secondary markets

The platform was deployed and functional on the Rinkeby testnet, interacting with live smart contracts for ShardedWallet creation, NFT custody, batch transfers, and fixed-price crowdsales. The subgraph indexed on The Graph provided on-chain data for the dashboard and marketplace views.

NFT holders gain instant liquidity without selling their underlying asset

Fraction buyers access high-value NFTs at a fraction of the cost

DeFi composability — ERC20 shards can be used in lending pools, DEXes, and other DeFi protocols

Price discovery — fractional markets enable more efficient valuation of NFT collections through active trading

Fractionalization unlocks liquidity for the 99% of NFTs that become dormant after minting

ERC20 shards bridge the gap between NFT collectibles and DeFi money legos

The platform demonstrated end-to-end functionality on testnet — from NFT deposit to fraction trading

Awarded fellowship in Track 2, selected from the top 0.5% of applicants. The project was recognized for addressing a critical gap in NFT infrastructure and demonstrating a working implementation on the Rinkeby testnet.