Why new digital communities are forming around 'fractionalized' NFTs

<p>Fractional — a crypto startup whose tech allows individual non-fungible tokens (NFTs) to be locked in a smart contract, and then 'fractionalized' into fungible digital pieces — is changing its name to 'Tessera.' </p><p>In addition to the name change, Tessera announced they closed a $20 million Series A earlier this summer in a funding round led by Paradigm.</p><p>In this episode of The Scoop, Tessera co-founder and CEO Andy Chorlian explains how fractionalized NFTs foster new digital communities, and why 'Tessera' is a more suitable name for the direction of the platform.</p><p>According to Chorlian, Tesse...