Tessera (previously named Fractional) is a decentralized protocol that enables collective ownership and governance of one or more NFTs. The tokens function as normal ERC20 or ERC1155 tokens which have governance over the NFT that they own.Through Tessera, it will become easy to buy and own a percentage of an NFT. This allows users who have been previously priced out of certain NFTs or artists to be able to buy a piece of their work.Alongside individual NFTs, users will be able to fractionalize entire collections of NFTs and release them under collection-specific fractional ownership tokens (referred to as fractions).&nbsp;

Tessera

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What is Tessera?

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