If you can't afford expensive things it may no longer be a problem in the future
So if you can't afford to buy a fine painting or an asset as a whole in the past you had to find joint investors or raise money. Now with the decentralized future we may be able to purchase things as a group using decentralized autonomous organizations (DAO) and other creative financing mechanisms.
Like people who think it's crazy that we used to have pay per text message or pay extra to make a long distance call that was outside of our region or even area code we one day may be shocked that we couldn't raise money via a DAO in the past to purchase something.
Here is a excerpt from a recent VC Letter with places where you can engage in fractionalized ownership.
Why it matters
High-quality assets tend to have above average returns.
Most of us can't afford to buy fine art, an entire commercial building, or a billion dollar company.
Fractionalization democratizes ownership. Don't have millions for a Rembrandt or a Monaco condo?
No problem. Buy shares instead.
Fractional.art: Buy, sell, and mint fractions of NFTs.
Royal: Buy ownership in songs directly from artists.
Republic: Invest in startups, real estate, and crypto projects.
FranShares: Earn cash flow from franchises without operating.
Pacasso: Buy shares in a second home.
House of Tiara: A CryptoPunk bought by Crypto Cookout.
ConstitutionDAO: An attempt to buy a copy of the US Constitution.
CryptoPunk #7171: A fractionalized hoodie punk.
Trippy Apedog: A pair of NFTs from BAYC and BAKC.
WhaleShark: DAO with a token backed by NFTs.
Crypto Cookout: A group that pooled funds to buy several CryptoPunks.
PleasrDAO: The group behind iconic NFT purchases.
CityDAO: An experiment in decentralized land ownership.
So in a way buying ownership in the above may be like buying stock in a company and saying that you own a piece of Apple or Tesla.