Launched by Andy Chorlian July 2021, Fractional is an NFT tool that enables users to own fractions of expensive NFTs that they would otherwise not be able to afford. Therefore, Fractional increases the accessibility of NFTs by reducing entry costs.  For users, it has created an avenue for community building around popular NFTs. In August 2022, Fractional announced that it is upgrading from a simple smart contract to a complete NFT infrastructure and rebranding as Tessera.