30 Examples of Assets That Can Be Tokenized
Tokenization is the process of converting rights to an asset into a digital token hosted on the blockchain. To put it simply, tokenizing something means making the storage and management of an asset digitally represented by tokens. These assets can be either physical or digital and our world is surrounded by them.
When something is being tokenized, the asset itself isn’t being changed but, instead, the way the ownership of that asset is managed is being altered.
The possibilities of tokenization are endless as they allow for both proof-of-ownership or fractional ownership.
- Precious metals
- Art
- Funds — Providing liquidity, participation
- Corporate debt
- Corporate equity
- Loans
- Collectibles — Physical & Digital
- Collectible cars
- Real estate — commercial, residential, etc
- Intellectual property — patents, licenses
- Commodities — oil, coffee beans, etc.
- Sports teams, athletes, celebrities
- Licenses
- Certificates
- Gift cards
- Music — when a customer “buys” a song from iTunes, they’re not acquiring ownership of the song, however, they’re purchasing the right, a license, to listen to the music under certain conditions
- Domains
- In-game assets
- Digital asset bundles — gaming and non-gaming
- Asset bundles
- Energy
- Fractional ownership
- Loyalty/Reward points
- Investment options
- Identity
- Keys or passes
- Estate planning
- Supply chain
- Wine
- Luxury goods
Using digital systems linked to assets, aka tokenization, is a feasible solution to simplify many legacy processes. The goal is to achieve the advantages of security, immutability, speed, and ease of transfer by using blockchain and Web3 technology.
Need to quickly launch a token?
Fabrx’s Tokenization Suite allows anyone to create and easily launch a token in less than 5 minutes. No need to learn any code. No need to learn unique protocols. No need to test and audit the smart contracts. Utilize the user-friendly user interface or the super-simple API. More information on how to launch your token here.
Fabrx is your solution to build your applications. We are the bridge enabling your platform to leverage the advantages of web3 without learning multiple protocols, long development times, and difficult learning curves. You just know that it works right out of the box.
