NFT Examples

By representing physical assets as digital tokens on a distributed digital ledger or blockchain, it’s possible to unlock the value of real-world assets and exchange them in real-time.

 

Token-based assets are rapidly gaining widespread acceptance.

 

https://youtu.be/inL9TaIeDf4

 

According to IBM’s Institute for Business Value, today, it takes a few clicks to buy an airline ticket or a new sweater, but if you want to buy stocks or get a mortgage, transactions are more time-intensive. Whether it’s waiting for documents or settlement, many types of transactions aren’t instant. Assets like gold, real estate, fine art, or carbon credits are more difficult to transfer, often obligating buyers and sellers to contend with mountains of paperwork and lengthy procedures.

 

By representing physical assets as digital tokens on a distributed digital ledger or blockchain, it’s possible to unlock the value of real-world assets and exchange them in real-time.

 

For one property owner in Coinco, Chile, ‘real-time’ exchange AND overcoming the problem of expensive residential and commercial real estate are two key value propositions for digitizing his Dome dwellings.

 

As a starting point, the owner is tokenizing his physical assets by accepting cryptocurrencies for access to ‘stays’ in unique Dome dwellings. Think ‘AirBnB’ meets ‘crypto-payments’. The initial intent is to get ‘tokens’ cash flow leveraging a traditional ‘service’ – accommodation stays for short/long term stays by leisure travelers and digital nomads. Accepting cryptocurrencies makes it easier to trade with people globally, increases revenue streams from new forms of payment, and attracts purpose-driven crypto-enthusiasts.

 

Over time, the owner anticipates offering Dome dwellings in multiple locations and offering fractional ownership opportunities to social-impact investors that value access, community, and co-creating impact over expensive-exclusive ownership of bricks-and-mortar.

 

The visionary and Dome Host is Angelo Ortega, an impact coach/consultant whose massively transformative purpose (MTP) is to ‘Empower and Connect Communities through Spoken English Using Tokenization”. He is Director of an International Centre Language School in Chile. And, he works directly with two blockchain utility tokens – as a Marketing Team Member of the ExO Economy and Ambassador for Rutanio.com.

 

Click here to learn more about Academy 3.0 with ExO Economy

https://economy.openexo.com/academy/

https://economy.openexo.com/#/

 

Academy | ExO Economy

https://economy.openexo.com

https://economy.openexo.com/digitize-your-physical-asset-from-idea-to-implementation-for-crypto-friendly-accommodations/

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