Throughout our human life we rely on many things/basic needs. In order to run a wealthy life we need many assets. But owning an every asset is not possible. To have an access or to use a particular asset for certain period of time we make exchanges. For example if you want to go to another country it is not possible for us to buy an aeroplane, indeed we buy a ticket in exchange of money to travel to our destined country. So here, money which has a value and aeroplane is an asset; so we exchange value (money) to use asset (aeroplane) for our need. Here air ticket provides right to use that asset for certain period of time. Right!
So the value is termed as capability to use an asset. And throughout our life we exchange the values to get right to use different assets. Example: using a taxi, living in a flat, using computers for work etc. So in this process of exchanging values we actually transfer rights of assets.
The technological revolution transformed our society into internet driven society. The evolution of technology helps to exchange values digitally over the internet. Thus it becomes possible to exchange asset value rights of everything over the internet digitally. In future we can exchange assets such as money, shares, music, votes, patents, copyrights, bonds, real estate and vehicles etc.
In order to achieve exchange of rights digitally, tokanization is required. Cryptocurrencies have proved that tokanization helps to transfer and exchange of rights digitally. Cryptocurrency has a value and it allows to transfer the right and also to exchange it for other asset rights digitally with full transparency and trust.
MUST Protocol provides a single point solution to transfer values from real world to digital world through tokanization of every rights to assets.
Project objective
The main objective of MUST project is to provide a public protocol to securely transfer rights to assets though digitally by tokanization. MUST Protocol has various stages such as verification of real world asset, risk evaluation, status monitoring, identification of holders right to the asset, digitization and tokanization of rights.
Principle of operation
MUST Platform provides an open source protocol which confirms, evaluates and transfer the rights to assets through non fungible tokens. Non fungible tokens are those which are cryptographically stored in wallets with private keys. MUST Protocol tokanizes the real world asset rights on the blockchain technology.
MUST creates a new financial market of stocks and bonds based on the real assets of small and medium sized businesses around the world. MUST platform uses blockchain, decentralization and smart contract technology to make every operation transparent, secured and trusted. Investors get to know the real time flow of money and it's effectiveness of work. MUST protocol allows to verify proof of existence of rights without any intermediaries.
Large financial barriers restricted the small and medium sized businesses; the decentralized apps created on MUST blockchain helps them to get immediate solutions for their problems. The DApps created on MUST Protocol creates a value to the real businesses by providing them innovative tools to overcome their problems.
Tokanization of rights to assets in decentralized blockchain networks makes assets available every time, increases use case efficiency, reduces risk and management costs.
Benefits of MUST Protocol
• Tokanization of personal asset rights increases liquidity; this in turn allows to benefit from low liquidity assets
• Tokanization of assets helps individuals, businesses and organizations to make trade easily
• MUST Protocol helps small and medium sized businesses to access debt financing without any intermediaries
• Tokanization of rights helps in risk assessment and management for banks, real estates and insurance companies
• It helps in the developement of economy
• Tokanization helps large asset holding companies an easy and transparent way to manage them
• DApps created in MUST Protocol help businesses to overcome their problems
Token structure
• Token ticker: MUST
• Price: 1MUST = $0.10
• Softcap: 6.700.000 USD
• Hardcap: 35.000.000 USD
Token distribution
Conclusion
MUST protocol provides tokenization, digitization of asset rights though non fungible tokens. Tokanization helps to increase liquidity. Blockchain implementation allows transparent cash flow. With MUST protocol DApps help small and medium sized businesses get benefits. This helps to develop our economy. It is a very promising project to invest.
Learn more about MUST:
Website: https://must.io/
Read Whitepaper: https://must.io/whitepaper.pdf
Telegram: https://t.me/must_en
Facebook: https://www.facebook.com/mustfinex
Twitter: https://twitter.com/mustfin
Medium: https://medium.com/@ru_must
LinkedIn: https://www.linkedin.com/company/must-io/
Reddit: https://reddit.com/user/ru_MUST/
YouTube: https://www.youtube.com/channel/UCE_f7jxOCOoGL3a0l73AUxQ
GitHub: https://github.com/MUSTprotocol
About Author:
Bitcointalk username: Abhijeetcg
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ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d
