Multiple Ownership

One way that a NFT can have various proprietors is through an interaction called "co-possession". This implies that at least two individuals can together possess a NFT, and every individual has an equivalent offer in the responsibility for the NFT. This should be possible by setting up a smart contract with the goal that every individual has an equivalent say in how the NFT is utilized or sold.

Fractional ownership is an idea that has been around for some time, however it's as of late that it's been applied to NFTs. Partial possession implies that a resource is claimed by more than one individual, and every individual claims a "share" of the resource.

Benefit of Fractional ownership

There are a couple of advantages to fractional ownership, particularly with regards to NFTs. In the first place, it permits individuals to possess a share NFT that they probably won't have the option to manage in the event that they needed to buy the whole thing. Secondly, it empowers individuals to sell their share of NFT on the off chance that they never again need it, without going through the issue of selling the whole thing.

Joint ownership in Island NFTs

In AquaTank our players can have joint ownership of our Island NFTs. As each Island is dedicated towards minting of a certain type of pet NFT. It can be shared with other players through an ID address of the Island NFT.