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Author Topic: What is the future of asset tokenization? Tokenizing a house and such.  (Read 1673 times)
Nascor
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July 19, 2017, 01:05:00 PM
 #21

In the future you will get a fine for not flushing the toilet

By that time we'll have some "official" virtual ID linking all our finances and personal information to the government's database

Upon entering a public restroom, cameras will accurately ID you (they'll identify your physical characteristics, something called "biometrics") and respectively charge your wallet/account a small fee.. for not flushing the toilet

I'd imagine by that time flushing would get automated everywhere, but you get the idea.. same can be applied to: crossing red lights, littering etc.

Welcome to the future
btctube
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July 19, 2017, 01:41:09 PM
 #22

If its possible, I will tokenize my fish pond business where I can harvest milk fish every 6 months and will divide the profit to the investors I have. This kind of set up I guess will require the asset Issuer to submit financial reports right?
Asimmo
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July 20, 2017, 06:46:54 AM
 #23

Partial ownership sales are difficult itself, bu nature..
Do you have listed all the potential dilemmas/problems in this whole tokenization process?

We are working on them and already have a working Test Net platfrom which you can access here https://wallet.latoken.com/login

Thanks

Wish you success..
nutildah
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July 22, 2017, 03:22:11 AM
 #24

What is your funding goal?

I realize I'm in TestNet but it says it costs 3 ETH to get 1 LATP?

If you're issuing one billion tokens for sale that means you're trying to raise $663 billion at that price.

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ozaz
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August 30, 2017, 12:05:21 PM
Last edit: August 30, 2017, 12:35:26 PM by ozaz
 #25

@latoken,

There are a number of platforms that offer fractional ownership in property, a share of rental yield, and the ability to trade your shares.

e.g. a couple from where I live.
https://www.propertypartner.co/
https://propertymoose.co.uk/properties/crowdfunding

I expect there are many platforms like this all around the world. As far as I understand, these platforms don't use Blockchain.
Is your project essentially the same, but Blockchain-based?

Also, I know the full name is Liquid Asset Token, but do you pronounce the abbreviated name "lah token" or "eh-lay token" ?

Thanks  


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