> For the complete documentation index, see [llms.txt](https://nft-standards.gitbook.io/nft-standards-wiki/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nft-standards.gitbook.io/nft-standards-wiki/standards/erc864-divisible-nfts.md). # ERC864 Divisible NFTs Relates to: ERC1633 Re-Fungible NFT ## Simple explanation "Each unique, non-fungible token can be separated into equal, similar, fungible parts. An example for this idea would be a smart contract that track multiple startups and the equity of their founders. While a startup could have multiple co-founders, none of them could be considered as the sole owner of the startup. Looking at things backwards, NFTs as they stand now are NFTs with a percentage of ownership locked at 100% (a divisibility of 1)." - The ERC Author ## Further reading * Divisible contract example: