What Can be Tokenized? The Tokenization of Everything

Written by sparsh-singhal | Published 2019/08/09
Tech Story Tags: tokenization | security-token | crypto | cryptocurrency | technology | finance | latest-tech-stories | tokenize-everything

TLDR Asset Tokenization is one of the greatest visions of the 21st century. The world is becoming increasingly fractionalized everyday, providing us with the ability to shape our own financial destiny. It may be hard to believe, but soon you could earn a fraction of Christiano Ronaldo’s earnings. A security tokenis any cryptocurrency that pays dividends, profit shares or invests in a project with the expectation of profit. It derives its value from an underlying real world assets. For instance, a million dollar property could be divided into 100 security tokens, whereby each security token represents a 1% stake.via the TL;DR App

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Written by sparsh-singhal | Blockchain Analyst at Liquefy
Published by HackerNoon on 2019/08/09