hi @caribehub
I just wondering if I can tokenize a small apartment and share the net profits with investors
maybe it will be possible in the future. right now cost of entire process would be probably to big
But I know already that some luxurious appartments in manhattan in US are being tokenized. With small apartment it would simply not make much sense from financial point of view.
I see polymath offer advisors that probably can help me with legal & tax issues.
You would have to expect that those services are not cheap
Therefore, these security tokens could not be appropiate for small companies that want crowdfunding.
Surely it's not for small companies. But your business don't have to be as big as it would have to be if you would like to enter wall street. Plus you can have an access to international market.
Under such scenario, there is not decentralization.
I've lost you here.
Great comment buddy,
Yours
Piotr
Hi @crypto.piotr. Thanks for your feedback. I gave some arguments to the extent that cryptocurrencies Will allow any individual to use its benefits. This is utopical. That's the reasoning behind the last comment. In fact, you're comments are valid. The article is also good. It opened this discussion and provided great insight. I Hope to see more of this
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Dear @caribehub
Seriously its great to see how responsive you are. Steemit indeed need more people like you.
Considering fact that author is just 17 years old, I would say that this article is a great piece of work :) right?
Have a great sunday ahead
Piotr