Asset Tokenization Platform-ICO App Factory
What is an Asset Token
or Asset Based Tokens ( ABT )?
With the emergence of Blockchain, the concept of
‘Tokenization Blockchain’ is becoming mainstream. Lets go back a little and
start with Cryptocurrency. The era of crypto witnessed many
coins being born ( Bitcoin, Ether, Neo, Zcash etc. ). It became clear to the
world that anyone can create a coin based on an algorithm and pre-defined logic
( There are 4000+ coins at this moment ). This trend shifted to people creating
Utility tokens, which are again a cryptocurrency that was used to facilitate an
event or transaction in a business logic ( Ex: XRP is used to transfer money
across borders ). These coins or tokens were priced and traded. This gave
launch to something called the Initial Coin Offering (ICO ).
But then many ICO’s crossed the barrier of being just a
Utility token, to being a share of the issuing company. The regulatory bodies
across the globe took notice and started issuing strict warning on this. So,
was born the Security Tokens. These Security Tokens were created with the prime
Moto of issuing shares or stocks of the company. It followed all regulations
the bodies like SEC required. It gave rise to the Security Token Offerings ( STO ) via. Which people were able
to raise funds for their business idea from across the globe seamlessly. Think
of it like a normal IPO, but more scalable in nature.
As Security Tokens and STO became a trend, there was more
research going into tokenising more assets. People wanted to tokenise other
things like Commodities, Real Estate, Gold, Agriculture yield, Art, Credit
Card… anything …you name it. Soon was born the concept of Asset Tokenization.
These tokens were backed by real world assets. They were called as Asset token
or Asset Based Tokens (ABT). Investors who bought the Asset
Tokens were given Proof of Asset Tokens which they can hold or trade these
tokenized assets in Asset token exchanges. Also was born the trend of Token
Generation Event (TGE) or Initial Token Offering (ITO). Since any Asset of any form
was tokenised, this trend also got to be known as ‘Tokenizer for X’ or ‘Token
for X’ ( where X can be substituted by any Asset or commodity etc. ).
How does Asset
Digitization work?
In the modern world, digitizing assets of any type is
possible in a snap. The Asset can be anything ( Real Estate, A High Rise,
Apartment, Gold, Art, Agriculture, Cannabis, Textile etc.). Using an Asset
Tokenizer, you digitize the asset by splitting it into any number of Asset
Tokens. Once the Asset Digitization is done, you can price each asset token and
sell it. Using an Asset Tokenization Platform, you can sell the Asset Based
Tokens ( ABT ) to investors world wide.
Thanks for watching our content, to know more about our
services. Kindly Visit our Website:
ICO App Factory
101, Kumaran Colony 3rd
street,
Vadapalani, Chennai-600026
+91-7397224461
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