Tokenization… is eating the world

Well, not quite yet, but welcome to the 21 century and asset digitalization and tokenization.

Imagine a world where everyone including those still in childhood could invest and track their favourite (yeah it’s the Canadian spelling- live with it) teams, heroes, movies, and or memes.

If you have not yet heard of Block-chain, you most certainly will. Thus far it appears to have been a technology looking for an excuse to exist.

Count yourself lucky if you have not been raped and pillaged in the rush to get rich quick in the Decentralized Finance (DeFi ) world. Most of the tokens/coins are scams promising ludicrous returns. ps: I made a few bucks, and got out with my money and dignity mostly intact. The DeFi craze has been a good exercise in proving that at least some people can collaborate and pool money into useful investments without big brother interfering. Humans are incredibly annoying, but resourceful.

Turns out that this Block-chain technology can be used for splitting up and monetizing almost anything. This process called “tokenization” will be the next thing in the investment world. Image some celebrity or sports team split up into tokens and sold on a digital exchange. Anyone cold own and trade shares in almost anything without the need for Wall Street or Big Banks.

Stay tuned for future updates.