The pallet
pallet-fractional-nft (runtime index 67) splits a unique item into fungible shares: mint the item, fractionalise into N shares, distribute or sell them, and — if a holder accumulates all shares — redeem the whole. pallet-oracle (47) supplies a reference valuation for the item so shares can be priced and, where designed, so buyout rules can trigger.
Eoonia's Creator Studio documents this as the Fractional NFT Studio, mapped to FractionalNft + Oracle.
What is native about it
Shares are pallet-emp-assets entries, so they appear in Eoonia without a token list, trade on the native DEX, and inherit pallet-compliance rules if the underlying asset requires holder restrictions. Royalties on the underlying still apply on a whole-item resale via pallet-nft-royalties.
The regulatory line
A share in an artwork sold to the public is, in most jurisdictions, a security. The ecosystem does not pretend otherwise:
- With test assets on a testnet, fractionalisation is an engineering exercise.
- With real value, it belongs under
pallet-compliance,pallet-sanctionsandpallet-identity-ssi— holder eligibility enforced on every transfer — and under a licensed issuer, which the ecosystem does not have. - The ecosystem removed language from its sites that declared any token "not a security"; that determination is not the issuer's to make on a web page.
Status
Pallet and oracle in runtime 220. Fee for creating a collection 0.00012 DMS; fractionalisation fee unmeasured. No asset has been fractionalised on the public testnet. No oracle feed is live. The page this replaces announced a gaming festival in a city.
For a builder
On the testnet, fractionalise a test artwork, list shares on the DEX, run a buyout. It exercises three pallets and an oracle nobody has combined. Document what breaks.
Based on Eoonia_Wallet/docs/creator-studio/INDEX.md, PALLET_REFERENCE.md and the September 2026 site audit.