Asset-Backed Tokenization: Everything You Wanted to Know

Written by Jane | Published 2020/03/19
Tech Story Tags: asset-tokenization | asset-backed-tokenization | tokenization-top-story | tokenized-assets | what-is-asset-tokenization | advantages-of-tokenization | real-estate-tokenization

TLDR Asset-Backed Tokenization: Everything You Wanted to Know. Tokenized asset markets are open 24 hours a day, seven days a week and 365 days a year. Asset-backed tokens are correlated with an external real-world asset with tangible value. They are offered to investors using a process called security token offering, commonly abbreviated as STO. The value of these tokens during the token sale or when traded on third-party exchanges is purely contingent upon this element of speculation rather than the tokenomics model.via the TL;DR App
no story
Published by HackerNoon on 2020/03/19
ABOUTHow hackers start their afternoons. We publish tech stories and build publishing software.

READEntirely free library read by hundreds of millions to learn anything about any technology.

WRITEHackerNoon elevates quality technology writing far and wide across the interwebs.

PARTNERHackerNoon works directly with tech companies to place ads by content relevancy