There has been a flood of Altcoins in the last year as smart contracts opened opportunity for people to pursue their dreams.
Needless to say there are those who will use this opportunity to earn a few quick bucks then there are those who are enthusiastic and believe in the future of Cryptocurrencies. One main theme that I have picked up on is that virtually no Altcoin provides any securitization for their token - and that the use of their token is confined to the platform that they developed.
The most simple case example of a "securitized Cryptocurrency" would be a gold backed Cryptocurrency!
The Cryptocurrency would need to be convertible into gold - meaning you can pay in the cryptocurrency and take delivery of the gold itself, and the amount of Cryptocurrency paid in would need be burned in order that supply of Crypto = supply of Gold.
However - the following would need to be addressed;
Who would put up enough gold to ensure the creation of such a Cryptocurrency?
How will they be able to establish trust that the Crypto is interchangeable with Gold?
Is this Cryptocurrency securitized upfront or would it need to raise funds via crowdsale and then securitize it?
In the mean time we have created ARTIS with the aim to securitize it with other Cryptocurrencies under what we call the AARP program (ARTIS Affiliate Rewards Program). Under AARP - Holders of ARTIS will be entitled to a share in the revenue of the coming Artis Turba Exchange Platform. This payout will be paid in the underlying Cryptocurrencies traded such as BTC, LTC, Dash, XRP, XMR, BCH, ETH and even ARTIS itself! Additional currencies may and will be listed in the future and those then would be added to the AARP list.
Ultimately this means that ARTIS value will be correlated to;
Values of the Underlying Cryptocurrencies
Trade volume of the Underlying Cryptocurrencies
Check out the link to learn more about AARP!
https://medium.com/artisturba/artis-affiliate-reward-program-df940cd36a61