The SHD price update as of now is $0.02107. In the previous 24 hours, its trading volume was $0, and its value has increased by 1.69%. As of now, SHD's live market cap is $254,927, and it is ranked as the #1800 on the Coincu. SHD has a circulating supply of 12,099,631 and a maximum supply of 12,099,631.

Exploring ShardingDAO: A Protocol for NFT Fragmentation and Synthesis

ShardingDAO stands as a groundbreaking protocol designed to break down and combine non-fungible tokens (NFTs) on both the Ethereum and Binance Smart Chain platforms. With ShardingDAO, users gain the capability to securitize and fragment their NFTs into ERC20 Tokens, allowing for increased flexibility and accessibility. Resulting shards can then be actively traded and mined within the market.

Acquiring Complete Ownership of an NFT Shard

Owning a shard may inspire the desire to possess complete ownership over the original NFT. To achieve this, individuals can propose a buyout and subsequently secure ownership through decentralized governance voting. Once the buyout garners approval, all existing shards will be eliminated, ensuring the individual becomes the solitary owner of the NFT.