An idea I've had rattling around in my head for awhile now - unlocking the liquidity that NFT's can hold.
Inkify - Value Proposition
The ERC721 standard enables NFT's (Non-Fungible Tokens) to be created as digital collectibles - but it also enables physical products to be "digitized" and therefore ownership rights of the physical to be assigned to the digital copy, all transcribed and signed on a distributed ledger.
By design, NFT's are non-fungible (it cannot be split into smaller units) like ERC20 tokens.
If you want to sell an NFT it is a 1:1 swap and you get the whole token - but what if you want to release a % of its value, not the whole amount?
Deposit your NFT + any notes to be transcribed to token i.e. Assigned Rights, attachment to legal documents etc.
Set amount of ERC20 tokens to be minted in ratio to NFT i.e. 1:15000
Name your new ERC20 token
Set rules i.e. lock up of % of tokens etc
The NFT remains locked in escrow - the owner can only unlock the NFT if they send the TOTAL amount of minted tokens to the escrow contract.
Each token represents a % of NFT ownership.