# Fractional 1-pager

### Current Tech & Product:

* Smart contract code completed and audited by Peckshield and Haechi
* Demo of the application live at <https://app.fractional.art/>

### Future Tech Plans:

* Smart L2 integration
  * Users lock NFT on L1 and get minted ERC20 tokens on L2
  * All secondary trading on L2
* TWAP buyout model (most likely needs capital efficiency liquidity like Uni v3)
* Integrations with lending/borrowing markets, NFT liquidity aggregators (ie. NFTX) & NFT galleries
  * Making useful integrations for ERC20 tokens
  * Show NFTs owned in your wallet

### Future Product Plans (outside of supporting tech upgrades):

* Build out mobile app for more retail focused experience
* Abstract gas fees when on L2
* Potentially work to have securitized real world assets

### Current Partners:

* PleasrDAO (SNOWDEN & TOR)
* Div VC Dissected Meebit
* Beanie Maxie Punk Comic
* Lots of interest but concerns about legal aspects of things

### Fractional Governance Token:

* Has governing power over the system
* Accrued value through ownership drip over time of fractionalized assets
* Potentially can be the buyer of last resort for abandoned shares