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For this reason, various protocols such as Fractional.art have emerged to democratize the process, allowing users to fractionalize NFTs to make trading more fluid. The objective of this article is to analyze the NFTs fractionated into ERC\u201020 tokens using the Fractional.art protocol, with the aim of determining the contribution of fractionation to the liquidity of the assets, among others. The research method employed is an empirical analysis based on quantitative research to identify key characteristics and trends to support the initial hypothesis. This is combined with a qualitative approach to provide a deeper understanding. The results show that fragmentation has a positive effect on the liquidity of the NFT when the user decides to trade it. This means that fractionated NFTs can benefit from certain liquidity advantages of centralized investment markets, thereby facilitating trading. While NFTs have received increasing scholarly attention, most research on fractionalized NFTs has focused on the theoretical and technical design of fractionation protocols. Although recent studies have begun to empirically examine NFT market dynamics more broadly, there remains limited evidence on whether fractionalization effectively enhances liquidity. This article seeks to contribute to that emerging area by offering a focused, data\u2010driven analysis of F\u2010NFT liquidity and user behavior.<\/jats:p>","DOI":"10.1002\/nem.70027","type":"journal-article","created":{"date-parts":[[2025,9,25]],"date-time":"2025-09-25T05:39:34Z","timestamp":1758778774000},"update-policy":"https:\/\/doi.org\/10.1002\/crossmark_policy","source":"Crossref","is-referenced-by-count":2,"title":["Effects of Fractionalizing NFTS in the Art Market: An Empirical Study of Fractional Art"],"prefix":"10.1002","volume":"35","author":[{"ORCID":"https:\/\/orcid.org\/0009-0005-5732-5492","authenticated-orcid":false,"given":"Jana\u00a0G\u00f3mez","family":"Tabladillo","sequence":"first","affiliation":[{"name":"Universidad de Alcal\u00e1 de Henares  Alcal\u00e1 de Henares Spain"}]},{"ORCID":"https:\/\/orcid.org\/0000-0003-3067-4180","authenticated-orcid":false,"given":"Miguel\u00a0\u00c1ngel\u00a0Sicilia","family":"Urb\u00e1n","sequence":"additional","affiliation":[{"name":"Universidad de Alcal\u00e1 de Henares  Alcal\u00e1 de Henares Spain"}]},{"given":"Mar\u00eda\u00a0Elena\u00a0Garc\u00eda","family":"Barriocanal","sequence":"additional","affiliation":[{"name":"Universidad de Alcal\u00e1 de Henares  Alcal\u00e1 de Henares Spain"}]}],"member":"311","published-online":{"date-parts":[[2025,9,24]]},"reference":[{"key":"e_1_2_7_2_1","doi-asserted-by":"publisher","DOI":"10.3390\/app11219931"},{"key":"e_1_2_7_3_1","doi-asserted-by":"crossref","unstructured":"A.Samudra Non\u2010Fungible Tokens (NFTs): New Renaissance for the Artists SSRN (2022) https:\/\/doi.org\/10.2139\/ssrn.4112932.","DOI":"10.2139\/ssrn.4112932"},{"key":"e_1_2_7_4_1","unstructured":"A. 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