Hi Henry, thank you for your response to this article. Probably you are right, it might be hard to create unique portfolios. However, it might also be the opposite — REITs are big and dispersed across various markets and many times act more like indexes. Tokenizing single real estate properties might create different results, as the tokens themselves…
Great article Melanie. There’s this article I worote some time ago. It certainly is not up-to-date as it was published in 2017, but some concerns like raising all in one go are pointed out. In my view, ICOs should evolve further after this 2nd run we had with the raise of Ethereum (the 1st being the pre-eth era).
I agree, but… New technologies are most times unregulated or even considered illegal, until a new law or exemption is introduced to regulate the new technology. By reversing the process we tend to diminish the potential influence new technologies have, e.g. putting horses on cars to make them work like carriages. To make cars driving at 50–100 km/h…
Spot on. Incentive is everything, but this doesn’t mean it’s not already present in security tokens. The right mechanics, however, can align incentives for active participants.
Great question. The PropToken smart contract code is standardized, where each individual PropToken smart contract manages a unique set of 100,000 digital shares. This means 100,000 tokens of one property are separate from 100,000 tokens of another.
Thank you for stopping by, I love it when people put deep thought in their comments and produce elaborate answers.
If the fed would always accept your one dollar, burn it and give you a new one in return, but this time represented in ERC20 token format, would you considered that to be a good usd-pegged stablecoin?