02-23-2020, 12:52 AM
Tokenizing a commodity?
<!-- SC_OFF --><div class="md"><p>I know the idea of tokenizing tangible assets has been hot (and cold). But let's say, a physical product was tokenized like an island. X number of interested investors purchase this "Island" token. The price of the token goes up and down, just like any other investment. Fine. But what happens when the island is purchased? Do the investors receive the money from the purchase? Who would be the custodian of the island in this case?</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>I know the idea of tokenizing tangible assets has been hot (and cold). But let's say, a physical product was tokenized like an island. X number of interested investors purchase this "Island" token. The price of the token goes up and down, just like any other investment. Fine. But what happens when the island is purchased? Do the investors receive the money from the purchase? Who would be the custodian of the island in this case?</p> </div><!-- SC_ON --> Kind Regards R