Fracton protocol is an NFT ETF infrastructure that extracts the financial attribute of NFTs from their utility attribute, making blue-chip NFTs affordable and composable into both CEX and Dapps. It allows NFTs to be fractionalized and repackaged to ERC-20 tokens where each ERC-20 token is backed by 1/1,000,000 of the original NFT. Based on a deeply reformed tech design, Fracton is built by state-less centric smart contracts that increase the protocol’s efficiency with lower gas fees and maximized asset security.