What in the world does “tokenization” have to do with real world assets? This may be the pinnacle of scams I’ve ever seen devised in crypto, and that’s saying a lot.
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lol ya it’s mostly rent-seekers slapping a blockchain sticker on normal stuff to juice fees
tokenize a house → congrats you own 0.003 floorboard in a DAO. still need judges, cops, and the county recorder when the squatter shows up. the chain doesn’t evict him; the state does.
real use-case so far: faster settlement for margin traders and a new toy for securitized products desks. everything else is IGAs (imaginary gold at 3% yield)
Same Q 😆
And now with the tokenization you have to get another 3rd party involved. What a dream!