What is Tokenization on blockchain?
Tokens (or digital assets) can be almost anything. But, to be exchangeable, it should have some value to someone else across your business.
That value doesn’t have to equate to money. A token can have value as a reward or a token can split an asset that would normally be difficult to trade, turning it into a unique, immutable, and transferable asset.
There are three types of assets:
This isn’t a physical asset. It exists only as a value whose ownership can be exchanged. Think loyalty programs, copyrights, carbon credits, contracts, etc.
These are assets that never change in their core components. Think about gold or wheat or most commodities. No matter how many times you split an ounce of gold, it will always be gold.
These are assets that can’t be broken down into pieces and traded, making them not easily tradable (illiquid). Imagine trying to sell the Mona Lisa after you cut it into a million pieces? Once you alter the state of a non-fungible asset the value of the asset can be greatly reduced.
Why Fabriik Tokenization?
There are 3 reasons why Fabriik is the right financial choice for you.
Build a loyalty program or digitize your assets. However you want to exchange value, Fabriik facilitates near-limitless simultaneous, low-cost transactions.
Launch your program without hiring a team of developers. Leave that to us. You’ve got business to take care of.
A process so simple that your ideas can be out in the real world in no time at all.