hiBAYC ($HIBAYC) is a fractionalized token of 6 Bored Ape Yacht Clubs' NFT by Fracton protocol, which is an NFT-based liquidity infrastructure, aiming to provide unified solution for NFT liquidity.
The protocol is implemented as a set of smart contracts, designed to prioritize censorship resistance, security as well as gas efficiency.
Fracton Protocol enables the NFT liquidity with 2-step fractionalization, making expensive non fungible assets into affordable shares.