Does anyone on biz know anything about tokenization of traditional assets?
I've been doing some reading and here are my thoughts along with articles I've read
1. 0x could benefit, they mention tokenization on their website and Will Warren talks about it a lot
2. Polymath seems to have a first mover advantage in the space. Victor from crush crypto talks it up and it was his crusher of the month for May
3. Swarm is something I've checked into and seems interesting also
4. Tzero would be nice but I'm not accredited
Links
hackernoon.com
medium.com
crushcrypto.com
Post your thoughts here
Tokenization?
Check out SLT
JNT. Check it out, probably the best chance of asset tokenization actually getting adopted IMO.
I do. It's useless
I don’t think any of the current projects in the crypto space will be the ones to lead tokenization for traditional assets. Due to the massive regulatory oversight required and legal barriers, it is likely an already well established, traditional finance company will come into the space in a few years for this purpose. Then once one makes the leap others will follow and exchanges like the NYSE, NASDAQ, etc. will intergrate these tokenized companies.
Isn't fiat already somewhat tokenized? The majority of transactions are digital as it is, so what would be different?
1.0x? Wont even start in that Shit
2. Poly? Devs are holding 95% of the tokens, they are far off from kyc and AML compliant, so it will stay a vapoware die years.
3. Have to check that one.
Add JNT to your least, will be a big player in the MENA region
JNT should be top of your list.
JCash will be ready in a matter of weeks and they are already working with the Jordanian Central Bank and a European Central Bank also, not to mention have direct investment from the UAE royal family's investment arm.
Mere rumours of these kinds of partnerships in 2017 would have resulted in a multi billiona dollar valuation fot JNT. May the Lord have mercy on you all if we hit another bullmarket. You need 5 JNT at least for suicide insurance.
This
The current usd pairings are convenient for us Crypto investors, but we are talking more about asset tokenization for bigger players.
The big guys could make a lot of money on the1-3% swings for their tokenized asset (sky scraper ect). Currency hasn’t truly been tokenized in my opinion, it will require actual backing and need to be compliant with regulations.
JNT has solid plans and a good team. The market cap of JNT will represent a large portion of the tokenized assets worth. As people add or remove assets, JNT is added or removed respectively to keep the balance. As JNT price fluctuations the smart contract (DAO) will automatically buy / sell to maintain the actual worth of the assets.
Tons of good reading for JNT give it a go. I did a poor job in my opinion but should give you an idea of why people like the project.