ERC 3643 and how that benefits RWA Tokenization?
The Ethereum community recently approved ERC3643 as the first tokenization standard. It was proposed in 2021 and originally developed by Tokeny and later open-sourced. It has a huge potential considering the growth of RWA sectors as projected by renowned institutions like BCG. From $0.6 trillion in 2023 to 16 trillion by 2030 is estimated to […]
Tokenization & How it’s Changing Traditional Finance and the Global Economy
Tokenization – a term once relegated to the tech-savvy and financial futurists, has swiftly moved from the peripheries to take center stage, reshaping traditional finance and the global economy with remarkable verve. Picture yourself on a speeding bullet train, rapidly hurtling towards the future. Now imagine that train is tokenization, and its terminal station? A […]
How To Design Tokenomics: Understanding The Key Pillars
Tokenomics, the economic model behind a blockchain project, plays a crucial role in the overall success of a decentralized network. It not only determines how the network is funded but also how incentives are aligned to encourage good behavior and secure the network through game theoretical concepts. Game theory is a branch of mathematics that […]
Tokenomics – A New Demand Generation Framework for a New Generation
What a difference 17 years make! Back in 2000, when a small startup proposed the economic design of allowing people to lend their storage space for money, this would have been met with absolute skepticism – Thumbs Down all around. Fast forward to 2017. The use of blockchain tokenomics, has created a whole new way […]
Comprehensive guide on Tokenized real-world assets
Currently, the token economy is flourishing, and many industries benefit from it. One of the buzzwords related to the economy is asset tokenization which means tokenizing real-world commodities. Investing in real word assets such as — company shares, paintings, real estate, and many more are promising. However, one of the significant problems is the lack […]
Dynamic NFTs : Unlock a whole new world for NFTs
Non-fungible tokens (or NFTs) have become a popular feature of the Web3 platform community, with several high-profile public figures launching their own NFT issues. These tokens also lend themselves to numerous uses involving P2P trading and digital payments, which has drawn an unprecedented amount of interest and attention among the public. These tokens and the […]
A Simple and Comprehensive Guide on Non-Fungible Tokens
Whether it is the rise of fintech or e-commerce, digitalization has played its part in improving accessibility for assets and enabling the frictionless transfer of value over the Internet. However, the current system still needs more credibility. Any user buying a branded item is always concerned about its origin. For instance, after buying a diamond, […]
Tokenization of Assets – How Blockchain is rewriting the asset management
Blockchain is often thought of being just an immutable ledger but the true powers of this new piece of technology go beyond just a secure database. Blockchain-based Tokenization of Assets is changing the way assets are managed and traded. The immutable ledger blockchain acts as a single source of truth for any data stored in […]