Introduction
Brikken Tokenization Platform
Brickken is a platform that allows users to tokenize real-world assets, like real estate, art, or company shares, essentially dividing ownership into smaller, tradable digital tokens on a blockchain, making it possible for a wider range of investors to access fractional ownership of valuable assets; it aims to streamline the process of creating, selling, and managing these digital assets while adhering to relevant regulations and legal frameworks
Body
- This is a little complicated and filled with terminology, so lets start from the beginning with some definitions and concepts.
What are real world assets?
What is tokenizing real-world assets?
Real-World Assets (RWAs) Explained | Chainlink
Tokenizing real-world assets involves representing the ownership rights of assets as onchain tokens. In this process, a digital representation of the underlying asset is created, enabling onchain management of the asset's ownership rights and helping to bridge the gap between physical and digital assets.
What does it mean to Tokenizing Real-World Assets
- According to Chainlink's webpage this means...
Tokenizing real-world assets involves representing the ownership rights of assets as onchain tokens. In this process, a digital representation of the underlying asset is created, enabling onchain management of the asset’s ownership rights and helping to bridge the gap between physical and digital assets.
Video Explanation by Chainlink
Let's go back to Brikken Tokenization Platform
- I think that now that we have a better understanding of this real world assets noun, and this tokenization verb, and the complicated stuff which has to happen to move a real world asset on chain as a digital token.
Okat, so maybe now we can better understand the answer to the question: What does Brikken Do?
Brickken is a platform that allows users to tokenize real-world assets, like real estate, art, or company shares, essentially dividing ownership into smaller, tradable digital tokens on a blockchain, making it possible for a wider range of investors to access fractional ownership of valuable assets; it aims to streamline the process of creating, selling, and managing these digital assets while adhering to relevant regulations and legal frameworks
this video is Brikkens explaination of what they do:
Next Brikken is easy to use.
Brikken User Interface
- according to interviews with the Brikken founder, their user interface has been the biggest part of their success. They focused on a easy user experience to help stimulate adoption of their project, and currently they command the largest Total value locked on their primary blockchain Binance.
- So lets look at their interface:
What is special about how Brikken performs this job of tokenizing your assets?
- Brikken has broken down the process, and studied how to make easy for the client / customer, by automating all the hard work and performing it for the customer, so the customer doesn't worry about the technology or the regulatory compliance. The customer focuses on the other aspects of their business nd that's what makes Brikken Special.
- They do the tech and the refer you to people to help you with the regs which is the bane of every crypto businesses exist.
- The important details companies skip over, which later bring them down and land them in trouble with the law and governments.
How does Brikken do this job:
Function:
Enables the tokenization of real-world assets (RWAs) to enhance liquidity and accessibility to a broader investor base.
source
Benefits:
Allows for fractional ownership, easier fundraising, global market access, and streamlined investment processes.
source
Target users:
Real estate developers, asset managers, investors, businesses looking to raise capital through tokenization.
source
Focus on compliance:
Prioritizes regulatory adherence and legal compliance in the tokenization process. source
- Currently refers you to lawyers and CPA to help you sort the details.
Technology:
Leverages blockchain technology to facilitate secure and transparent token transactions. source
- This looks pertty easy to use.
- Lets check out a few things.
- Lets learn where Brikken is based, what blockchain, what utility token, how big is it? How many clients? How old is the company? Who runs it?
How old is Brikken?
The Token Suite deployed on Binance Smart Chain (BSC) on February 8, 2024.
source
How Big is Brikken?
- It is the largest tokenization project on Binance Smart Chain.
- Furthermore, the Token Suite is quickly climbing the ranking on Base, Ethereum, and the broader Tokenization Ecosystem.
source
Where is Brikken available, as in which Blockchains?
The Token Suite is quickly climbing the ranking on Base, Ethereum, and the broader Tokenization Ecosystem.
source
Wow.. how can I learn more about Brikken?
Look here for my next post: Brikken Part 2
@shortsegments
Other articles I wrote on asset tokenization
https://inleo.io/@shortsegments/what-is-asset-tokenization-fnw
https://inleo.io/@shortsegments/understanding-asset-tokenization-fractional-ownership-platforms-4xw
About the author @shortsegments
- @shortsegmentments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, Stablecoins, Digital dollars, Bitcoin, Etheteum, and decentralized finance for over five years.
- LINKPlease follow @shortsegments on Twitter
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- Tokenized Social Media Platform, which means you post content, upvote content and comment on content to earn or get paid in cryptocurrency tokens called Hive. You can then sell these tokens for your countries currency, US Dollars or other cryptocurrencies like Bitcoin, Ethereum or Stablecoins like USDT, USDC
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Tokenized Real World Assets RWA
Learn more about RWA and tokenization, join a group to help you learn more about tokenization.
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Every journey starts with unknowns.
Posted Using InLeo Alpha
Brikken, that is another one which I know anything about
Thanks, what does that mean? an onleo error?
Good morning. I wanted to say that I haven't known about the Brikken tokenization before
I am glad the post was informative.
#hive #posh