Unlock Your Dead Capital Today!

Jasiri App
4 min readMay 2, 2024

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Hi there ! 👋😃

We are super glad to introduce you to JASIRI — JASIRI is a very simple-to-use platform that allows you to tokenize your most valuable purchases, from your favorite e-commerce stores, and unlock your dead capital as exchangeable digital assets 💰 and legal property ownership 📜deeds/titles. You can put your digital assets and ownership deeds to work💸 for you later on, still on JASIRI.

JASIRI.

But, you must be wondering, what exactly is “dead capital” ?

I’ll demystify for you what “dead capital” is, very soon. But first, let me ask you, have you ever had a brilliant business idea but hit a wall when it came to funding? Or maybe you’ve dreamed of making a significant asset purchase, only to find your bank account coming up short.

You’re not alone. It’s a common struggle for many of us.

Typically, if you need extra cash or a line of credit, the local bank is your first stop.

🏦 💳 🚶

At the bank, you will meet the bank’s branch or credit manager. As you fill out paperwork and cross your fingers, the manager is going to remind you that you are required to pledge some valuable physical collateral before the bank approves funding for your venture.

Ahah! You recently bought the iPhone 15, and so you innocently inquire if the bank is going to accept your iPhone as collateral, I mean, an iPhone is pretty valuable, right? It's built up of Peruvian Gold, Chilean Copper, African Cobalt, and American Glass — and not to forget the hours of expertise and labor put into bringing it to life and you eventually paying a high price(1,000$ to 3,000$) to own it.

An iPhone for sale on Amazon

Well, the bank doesn’t think it is valuable, and most likely the bank manager is going to have a good laugh 😆 at you for proposing to use your iPhone as collateral.

But, is that really fair? 👎 😢

Banks prefer high-end real estate, high forms of artwork, and cars, as forms of collateral, for many reasons but primary being that they can be easily auctioned for huge profits if you do not pay your loan.

This sadly makes our iPhone dead capital, as it is unrecognized as a valuable real asset by the modern financial system, and thus its true economic value remains locked up.

There exists over 9.8 Trillion Dollars worth of dead capital in the global economy. Examples of dead capital include smartphones, laptops, motorcycles, and more! 📱 💻

consumer electronics

Owners of dead capital cannot access advanced cheap financial services.

That is why we set out to build JASIRI, to help anyone unlock their dead capital! 🙌

Using JASIRI to Unlock Your Dead Capital

To use JASIRI, you start off by downloading the JASIRI E-commerce Extension to your browser.

JASIRI E-commerce Extension For Chrome

There exists over 9.8 Trillion Dollars worth of dead capital in the global economy. Examples of dead capital include smartphones, laptops, motorcycles, and more!
Owners of dead capital cannot access advanced, cheap financial services.
That is why we set out to build JASIRI, to help anyone unlock their dead capital!

You also need to download a smartphone wallet to securely store your newfound assets, and later on access the JASIRI web Console for additional services.

JASIRI Web Console

Ready to start unlocking your dead capital?

Download the JASIRI E-commerce Extension to your Google Chrome browser here.

JASIRI is a very simple-to-use platform that allows you to tokenize your most valuable purchases, from your favorite e-commerce stores, and unlock your dead capital as exchangeable digital assets 💰 and legal property📜 ownership deeds/titles. You can put your digital assets and ownership deeds to work later on, still on JASIRI.

Follow us on our X(Twitter) handle here , for the latest updates and announcements as we race towards a full product public launch. So many more exciting updates and announcements are on the way!

Stay tuned to this blog space as we ship out more articles helping you get up to speed with all things JASIRI.

We set up our Telegram and Discord, and are going to reactivate them after launch for real-time user support.

We share product guides, walkthroughs, and tutorials on our YouTube channel here.

We also plan to redeem testnet rewards for all incentivized testnet participants soon.

This article is authored by Celestino Kariuki, founder at JASIRI. Celestino’s X(Twitter) handle is here.

#newcoolapps #digitalassets #blockchaintechnology #tokenization #amazonshopping #jasiriapp #chromeextension #web3 #web3technology #algorand #algofam #NFTs #unlockyourcapital #personalfinance #inclusivefinance

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