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A comment on NFTs died a slow, painful death in 2023 as most are now worthless. Parent comment

Re:NFTs died a slow, painful death in 2023 as most are now w... by babelchips on Monday December 25, 2023 @04:51PM (#38766478)
"How tokenisation could benefit investors The benefits of tokenisation extend to large investors as well, providing increased liquidity and the potential for additional value through asset fractionalisation.

In this way, we can take a US$100 million private equity asset, tokenise it, and turn it into 100 million US$1 tokens. These tokens can then be listed on a regulated digital securities exchange to trade on a secondary market. By doing this, the minimum investment is now affordable to the smallest investor, while the secondary market creates liquidity."

https://www.abrdn.com/en-gb/corporate/news-and-insights/expa...

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Re:NFTs died a slow, painful death in 2023 as most are now w... by TheNewsIsHere on Monday December 25, 2023 @09:59PM (#38768582)
That link is 404 for me.

This doesn’t seem any different, at least not spiritually, from fractional ownership. What do NFTs do in this regard that we can’t already do?

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Re:NFTs died a slow, painful death in 2023 as most are now w... by babelchips on Tuesday December 26, 2023 @05:18AM (#38770436)
-The complete removal of intermediaries (resilience, trust, immutability) -Instantaneous transfer

Read more about Abrdn and Toko if you want to learn more.

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Re:NFTs died a slow, painful death in 2023 as most are now w... by babelchips on Tuesday December 26, 2023 @07:25AM (#38771202)
Link is fine for me
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