Asset Tokenization, a revolutionary concept empowered by the innovative blockchain technology, involves the conversion of real world tangible and intangible assets into digital tokens. These tokens, recorded on a secure and decentralized blockchain ledger, facilitate fractional ownership and seamless trading.
Checkout the diverse types of tokens contributing to the dynamic landscape of asset tokenization.
1. Equity Tokens: Equity tokens specifically represent ownership in a company, similar to traditional equity shares. Which may have voting rights and a share of the company’s profits.
2. Security Tokens: Security tokens represent ownership or rights to a tradable financial assets subjected to regulations such as equities, bonds, or real estate.
3. Utility Tokens: Utility tokens provide access to a specific product, service, or platform. It offers access to features, discounts, or voting rights within a decentralized application (DApp).
4. Real Estate Tokens: Real estate tokens represent ownership or fractional ownership in real estate properties.
5. Commodity Tokens: Commodity tokens represent ownership or rights to physical commodities such as gold, silver, or other precious metals. Tokenization of commodities offers innovative benefits such as trading and ownership transfer on the blockchain without intermediaries and at lower cost.
6. Non-Fungible Tokens (NFTs): NFTs represent uniqueness of assets, often used for tokenizing digital or physical art, collectibles, and unique items. The NFTs are distinct from other tokens in that each token has a unique identifier.
Plume is the innovative RWA Modular Layer 2 Blockchain which simplifies the asset tokenization. Plume's innovative solution enables users to onboard real world assets onchain in just a few clicks.
