Tessera
Overview
What is Tessera?
Tessera (formerly Fractional) is an NFT fractionalization protocol enabling shared ownership of high-value NFTs through tokenized vault mechanisms.
How does Tessera work?
Tessera enabled NFT fractionalization into ERC-20 governance tokens for collective ownership, earning fees on vault creation and secondary trading before winding down.
Who governs Tessera?
Tessera (formerly Fractional.art) was co-founded by Andy Chorlian and backed by a $20M Paradigm-led Series A; it shut down in May 2023.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.
