/biz/ - Business & Finance

>>25048522
i dont get it either but theres a lot of hype around it

>>25048522
this shit will make your ass vulnerable for hackers to stick their long codes ;)
i sugest you research it properly

>>25048522

Tokenization is the future of this world. This is why blockchain is considered one of the most attractive technologies. Because of its ability to Tokenize.

Tokenization platforms will be a huge thing in future m

>>25048620
That's what I'm doing actually.
The companies that do that seem somehow legit but I don't fully understand since it's not explained in full

>>25048671
it is but you maybe need to read more info on it
it's positive cause money will move faster

>>25048671

To understand Tokenization in full, awareness and education is needed. These Tokenization platforms shouldthemselves create a series of content on Tokenization.

>>25048671
Let's say you want to get a mortgage on your house. What are you going to do? You will provide banks with your credentials and they give you a rate and you'll pick the best offer. That's how the banking jew gets rich.

How might that work in the future? You tokenize your house and get a mortgage on some decentralized platform. That will cut away a lot of middleman because you can directly get a mortgage from people and you will be able to get a better rate than at a traditional bank.

Think about how decentralized exchanged enabled everyone to become a market maker. Tokenization of real world assets will allow everyone to become a bank.

>>25048771
good description over here
there is some platform for tokenization available

>>25048750
watch for what rivex posted on their medium its a series of articles about tokenization
but basically my picture

>>25048620
we need something user-friendly not the hackers/developer stuff. something that can be used by an ordinary folks without that much technical knowledge.

>>25048522
it's complete bullshit lol
if your internet is down you own shit
dont be dumb people think ahead

>>25048934
lol actually rvx took a big hit if you see the charts and just hit the bottom
i dont think it can recover

>>25048934

I read this series too. So informative, and so easily explained things around Tokenization about their sonce platform.

Great job by rivex

>>25048989
Yes, you're completely right. I think there's 2 problems which need to be solved before DeFi can be adopted by the masses:
1. bring real-world assets into blockchains
2. make it normie-friendly; right now if you lose your 12 words seed or get it stolen your funds are just gone and can't ever be recovered

>>25049000
That's basically like saying if your internet is down you don't own your bank account because you can't access the online-banking.

>>25049041
>>25048989
i've been hodling rvx for quite some time now, i am not satisfied how they rolled in the last month or two but i know that the pump is coming. especially because they working with nfts now. and tokenization really looks accssesible to all crypto users.

>>25048522
2020: tokenized real assets
2022: tokenized tokens for deleveraging

>>25049170
well I think if it's a new tech people should learn how to use it not just be handed things they can't understand

>>25048934
>>25049082
>>25049183
Will look into it but people are somehow skeptical and also my friend took a big hit on that

>>25049243
people can barely click hahahaha
why you want them to use tokenization lol
to counter thiefs we will have to be all nerds
world of nerds

>>25049170
rvx claims that with sonce you can take your real-world assets and bring it in the digital world.
regarding the 12 words, man, just keep it safe. that is not a problem at all. i still can believe someone can lose those.

>>25049243
Even if you understand the tech, someone can just hold you at gunpoint and demand the 12 words seed and then you'll immediately lose your whole net worth. Or you get into a car accident and forget the seed and where you wrote it down. The funds you have in a bank account are secure from scenarios like that. Imagine losing access to your whole life savings and your (tokenized) home because of some freak accident.

>>25048522
tokenization makes fractional ownership possible

for instance, right now, if you want to earn passive rental income for a $500k house, you need to secure a $50k deposit and take out a $450k mortgage. In return, you get $2000/month rent.
But what if you can't afford $50k?
If the house was tokenized, you could buy 1/10th of the house, pay 1/10th of the mortgage, and get paid $200/month in rent.
Nothing fundamentally changes, but it makes different investments and rewards way more affordable.

It's the perfect solution for the broke zoomer generation

>>25049041
just wait and see it go past $1 in one month lol
don't say i didn't warn ya

>>25049400
to add, it also opens up fractional ownership of things you could either never afford, or be allowed to own.

Imagine being a fractional owner of a bridge and earning tolls on it. Or being the fractional owner of the Yankees stadium and earning a portion of the ticket sales

>>25049319
>regarding the 12 words, man, just keep it safe. that is not a problem at all. i still can believe someone can lose those.
No, you can't trust normies with that. Normies get phished all the time. They're going to enter their seed phrase into some web form at some point and lose everything. Look at this StackExchange thread, that's what normies are like:
https://bitcoin.stackexchange.com/questions/100096/is-there-a-btc-refund-department

>>25049170
so if it's down for a month and your supplies end? what then

you clearly haven't thought this through

what do you think people will eat

>>25049422
in the end, all of you had a couple of chances to get some money out of the rvx if you only knew how to play it right.
maybe there wasn't any ath but i can see a revival in q1

>>25049170
well I think if it's a new tech people should learn how to use it not just be handed things they can't understand

>>25049450
there is not an excuse about that and i don't think it should be up to debate.
if you can't rationalize that those 12 words are your bread and butter then go fck yourself.
it's the first thing you learn.

>>25049454
How do you buy shit now when you have no internet? Cash and credit/debit card (which can give you more cash by accessing an ATM). Crypto debit cards are a thing now already.

>>25049594 and >>25049682
see >>25049363
Even if you're very careful and own a hardware wallet, someone can steal it and extract the private key from the microcontroller (see the Trezor exploit for example). That might sound retarded, but I think it's a realistic scenario if you have six-figures or more on your wallet.

>>25049501
revival my ass they are digging the way down shoveling as fast as they can.

>>25049501
i can't wait to try tokenize something with Sonce.
still brainstorming because i wanna make it count.
is there any other platforms where you can do it easily

stop shilling shitcoins please.
no one is interested.

>>25049442

Fractional Ownership and binary trading are the two really great features of Rivex

Tokenizations bring so many good things to space. Rivex is now bringing better things.
Sonce will be a game changer for the industry

>>25050451
Rivex doesn't look to have a strong product imo. Its not easy to bring Tokenization in space. Rivex only looks like a staking earning project n no use case

>>25048522

Simple answer OP: tokenization increases liquidity, liquidity increases leverage, leverage fuels growth. The eternal cycle of our economic system.

Short-term this is good, long-term who knows.

>>25050993

Let it launch first bro. Then create the fud. Lol. You new to this business.


At least read about it

>>25051523

Lol these noobs are so dumb.

Rvx and yrx are creating big hype in tokenization space

Praised by best people in the industry

Making a good name

Token will also gain popularity on it a listing and then money money money

>>25048522
You are aware that blockchains are just read-only databases?