That’s what crypto is really about and that’s what’s going to make it blow, since it:
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Fractionalizes ownership
This opens up the public to countless more wealth generating opportunities and takes crowdfunding to a whole other level. If you have a project that needs funding then fractionalization provides you with a mechanism to spread control and reduce concentration amongst your stakeholders. Crypto is a tool for decentralization, it’s all about decentralization. -
Decentralizes share flotation
Use of the tokenization tools and smart contracts underpinning Web3 technology and dApps (decentralized apps) to automate and simplify floating shares of ownership. Layer-1 currencies like Ethereum, Solana, Polygon etc enable you to list a Layer-2 currencies or token of your own on their blockchain infrastructure.
This is way cheaper than listing your company on a stock exchange, catch is that the dApp your token is attached to has to generate enough value to justify people exchanging their L1 currency (bought with fiat money) to buy and sell your L2 token. Really opens up the possibilities to how and what economic activities are valued.
- Decentralization of influence and controlBlockchain technology and smart contracts is essentially automated fiduciary responsibility but more efficient and flexible. Even when whales elbow their way in as is becoming the case with BTC, these mechanisms make it easy for others to break away and do their own thing by forming another coin of their own.
The blockchain soon enough will enable us to incorporate at the scale of a public company with the ease of one that’s independent in today’s day and age.
submitted by /u/ForPOTUS
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