Tokenomics / Tokenisation / Token Economy

[TrendFollower 438]

I thought it was a good time to start a completely new thread in relation to the next phase after Blockchain and Cryptocurrencies. This next phase is tokenisation. I include some links below which will help those who are not too familiar with the concept. 

Tokenomics

https://decryptmedia.com/resources/tokenomics

 

Tokenomics - A Business Guide to Token Usage, Utility and Value

https://medium.com/@wmougayar/tokenomics-a-business-guide-to-token-usage-utility-and-value-b19242053416

 

Token Economy

https://tokeneconomy.co

 

EToro Acquires Firmo With A Plan To “Tokenize All Assets On EToro”

https://thetokenist.io/etoro-acquires-firmo-with-a-plan-to-tokenize-all-assets-on-etoro/

The above is a very good example of IG's competitor trying to steal a march on its rival and be proactive. 

[JamesIG 254]

Thought this was related:  https://www.coindesk.com/the-sec-just-released-its-crypto-token-guidance

[TrendFollower 438]

@JamesIG,

Thank you very much for sharing this. It is very much appreciated. I want this IG Community to be proactive and ahead of the game in relation to the 'Cryptocurrency and Blockchain' section.

I believe that there is some serious traction in 'Tokenisation' and some really exciting opportunities being developed too. 

We may have to add 'Tokenisation' to the section title very soon in the future once people start understanding what is happening now and what plans are in the pipeline for the coming future. It may well be:

Cryptocurrency, Blockchain and Tokenisation

[TrendFollower 438]

I wanted to share this report released by the EU Blockchain Observatory:

Tokenization of physical assets and the impact of IoT and AI

https://www.eublockchainforum.eu/sites/default/files/research-paper/convergence_of_blockchain_ai_and_iot_academic_2.pdf?width=1024&height=800&iframe=true

[TrendFollower 438]

I thought this was a very interesting article which is exciting for the future as well.

MeaWallet launches multi-scheme merchant tokenization

https://www.finextra.com/pressarticle/78158/meawallet-launches-multi-scheme-merchant-tokenization

This next article supplements the article above nicely:

What Is Network Tokenization?

https://www.paymentsjournal.com/what-is-network-tokenization/

Now this next article is explaining the potential of tokenisation - A look into the future!

Here's Why Interest In Tokenizing Assets Is Starting To Surge

https://www.forbes.com/sites/laurencoleman/2019/04/25/heres-why-interest-in-tokenizing-assets-is-starting-to-surge/#4799455140a5

Those who understand 'tokenisation' and how significant it is going to be will be able to try and identify those assets which they could invest in which could offer potentially lucrative returns in the long term. There are some really interesting early stage companies and start ups operating in this arena which are gaining traction and momentum. 

 

[TrendFollower 438]

I am getting a few readers who have read this thread and would like me to explain in simple terms what tokenisation is. So here goes...

Tokenomics is basically about understanding the utility role of a token. Now once you have a use case and purpose, users will start demanding that token. So for example one of the use cases being discussed right now is for the 'Toll'. Based on reports I have read it seems Jaguar Land Rover have teams up with IOTA (Crypto Token) to deliver this service of drivers being able to pay Tolls using tokens. This in its simplicity is tokenomics. When enough tokens are being used to pay for goods and services seamlessly without having to find loose change or go to an ATM which can be inconvenient at times then it will become the 'Token Economy'. 

So when any goods or services can be provided in exchange for tokens (seamlessly) then this is in essence 'Tokenisation'. 

[TrendFollower 438]

Tokenized Securities Exchange Currency.com Launches to the Public

https://www.coindesk.com/tokenized-securities-exchange-currency-com-launches-to-the-public

[TrendFollower 438]

Here are some really interesting developments that some of you may be interested in.

Enterprise BaaS Kaleido unveils upgrade and tokenization tools

https://www.ledgerinsights.com/enterprise-baas-kaleido-unveils-upgrade-and-tokenization-tools/

Resolute.Fund to Launch Tokenized Real Estate Fund through Swarm

https://www.securities.io/resolute-fund-to-launch-tokenized-real-estate-fund-through-swarm/

The reason why I am sharing these articles is for those on the IG Community who are interested to see some of the developments taking shape in this area.

[TrendFollower 438]

This whole new technology and asset class is going to find a way of tokenising goods and services and this revolution has began. 

Tokenisation is coming to all goods and services near you. 

[TrendFollower 438]

Visa Token Service expands in Europe

https://www.finextra.com/pressarticle/78472/visa-token-service-expands-in-europe

A lot of investors are not realising that tokenisation is happening now. There are a lot of interesting start ups in this space. 

[TrendFollower 438]

Some more encouraging news within this area.

Standard Tokenization Protocol Raises $7 Million in Funding

https://www.crowdfundinsider.com/2019/05/147880-standard-tokenization-protocol-raises-7-million-in-funding/

 

CRE Equity Tokenization: A Path for Enhanced Liquidity

https://www.cpexecutive.com/post/cre-equity-tokenization-a-path-for-enhanced-liquidity/

 

[TrendFollower 438]

Some of you who are new to this concept of 'Tokenisation' will find this link rather informative. 

Tokenization, Explained

https://cointelegraph.com/explained/tokenization-explained

This next article is interesting when you start digging deeper into the tokenisation and how it can be used and applied by a business.

Irina Heaver: Tokenising a football club

https://www.coinrivet.com/irina-heaver-tokenising-a-football-club/

 

[TrendFollower 438]

This is an interesting article from Deloitte's on Tokenisation of assets and how it is disrupting the financial industry. 

https://www2.deloitte.com/content/dam/Deloitte/lu/Documents/financial-services/lu-tokenization-of-assets-disrupting-financial-industry.pdf

I appreciate there is a lot of scientism on tokenisation but I shall let you decide if you perceive this as a credible source or not rather than a company or website with an article that not many have ever heard of.  

The Bank of France is closely looking at the tokenisation of assets as explained in the article below:

French Central Bank Governor: The Bank of France is Observing Tokenized Securities, other Digital Assets “With Great Interest”

https://thetokenist.io/french-central-bank-governor-the-bank-of-france-is-observing-tokenized-securities-other-digital-assets-with-great-interest/

For some of you who do not fully understand or appreciate this area then I would urge you to start at the beginning of this thread and go through the information and obtain the necessary knowledge and understanding before jumping to a strong opinion or view either way. 

[TrendFollower 438]

The Middle East seems to be embracing 'Tokenomics'. Please see the article below for further information. 

UAE second in global token sales

https://www.arabianbusiness.com/banking-finance/422182-uae-second-in-global-token-sales

The UAE wants to apply government transactions on the blockchain and apply it to Dubai's smart city ambitions. UAE are embracing this technology as they realise they are in the middle of the globe in terms of payment transactions and supply chain from west in to east and vice versa. It wants to be the hub for global trade both from the physical sense and digital sense and this includes digital transactions.

[TrendFollower 438]

This is an excellent article that I have come across this morning which highlights the Bank of England (BOE) Governor looking at tokenised assets.

‘Billions’ May Be Saved By Tokens Backed With Central Bank Money: BoE Chief

https://www.coindesk.com/billions-could-be-saved-by-tokenized-assets-backed-with-central-bank-money-boe-chief

All I would say is for people to keep an open mind and not allow any stubbornness or bias to cloud their judgement or thinking. 

[TrendFollower 438]

Visa are beginning to flex their muscles in relation to tokenisation. This article has just been released.

Visa Buys Rambus Payments To Tokenize Any Transaction On Any Network

https://www.pymnts.com/visa/2019/visa-buys-rambus-payments-to-tokenize-any-transaction-on-any-network/