xFRAC - Our Solution

xFRAC is a Fractional NFT Marketplace, the home of rTokens.

xFRAC is XRP Ledger’s First Native Fractional NFT Marketplace. This platform helps to increase the liquidity and tradability of XRPL NFTs using a simple Issuer Wallet, AMM, Native XRPL DEX, XLS-20 NFTs, and XRPL Token concepts. The xFRAC platform allows users to change their NFTs into Fractional NFTs to boost the tradability of the NFT Asset on the XRPL through the Native DEX and AMM. xFRAC's concept of fractional NFTs involves converting them into a fungible derivative of the actual NFTs through the rTokenization process. This process allows for the easy forward and backward conversion of NFTs on the xFRAC platform, and this gives birth to an asset category still on the XRPL Token infrastructure earlier stated as rTokens. The final aim of building the infrastructure is to make NFTs highly liquidity and possibly distribute the ownership of NFTs across many XRPL wallets due to the fungible state of rTokens. The xFRAC Marketplace comprises the following:

• NFT Vaults and rToken issuers known as xFRAC wallets

• An XRPL Native DEX UI for trading rTokens known as xFRADEX

• AMM Liquidity Pools and Token Swaps UI known as xFRAPOOL

• A Utility Asset native to the xFRAC Ecosystem – The xFRAC Token (XFC)

• A rToken and Marketplace Governance Platform

The above integrations will allow for the smooth running of the xFRAC Marketplace and its resulting ecosystem, allowing users to issue and trade fractional NFTs on the XRP Ledger. This paper explains how these assets and integrations allow xFRAC to offer seamless fractional NFT issuances and trading on the XRP Ledger.