3 Projects Tokenizing Assets On The Blockchain
2018 was supposed to be the year of the STO (Security Token Offering). Real estate, agriculture, stocks, just about any asset can be digitized and issued using the blockchain. Unfortunately at that time, the world was not quite ready for this revolutionary and disruptive technology. Fast forward the clock several years to today, and now the regulatory and technological roadblocks that once hindered these projects are now clear. Countries are becoming more progressive towards cryptocurrency and are ready to utilize it with a real and legitimate use case on the blockchain.
Below, is a quick look at 3 projects hanging around from 2018 that are now ready to revolutionize the industry.
Smartlands (SLT)
This is a small cap gem that has huge growth potential. The Smartlands platform will be going live very soon, and is currently in negotiations with several JV's and HNWI's about potential projects to launch on their platform. (The CEO is also currently in negotiations with a Tier 1 exchange.) Smartlands leverages blockchain technology to reduce cost of upwards 50% to entrepreneurs raising funds, companies digitizing and issuing their assets on the blockchain, and fund managers who want to digitize their funds for investors. This platform uses the Stellar network, which utilizes the Stellar Consensus Protocol to efficiently verify transactions on the blockchain. The SLT token will be used to pay for fees on the platform, and 33% of fees received will go back to SLT owners who have their tokens staked. This project is one to keep an eye on and has great potential ROI in relation to it's current market cap.
Max Circulating Supply Only 7.1 millions Tokens
Market Cap 27 Million
Current Price $5.54
Polymath (POLY)
Polymath is another platform that can be used to create, issue, and manage assets on the blockchain. The Polymath network is a decentralized platform, and the POLY token is its utility token. This token can be staked and is used as "Fuel" to run transactions interact with smart contracts on the network. Polymath's all time high was $1.56, and is still a way off from its current price, so it should have some good growth potential there. The Polymath network was set to go live with Polymesh at the end of March but has hit a delay due to regulatory hurdles.
Max Circulating Supply 1 Billion Tokens
Market Cap 260 Million
Current Price $.43
Ravencoin (RVN)
Ravencoin is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. RVN is actually a fork on the bitcoin code and has been around since January 3rd, 2018. It utilizes POW (Proof Of Work) to verify and initiate the transfer of assets on the blockchain. RVN has been on quite the run lately, and in over a little over a month it has gone from $.07 to $.18.
Max Circulating Supply 21 Billion Tokens
Market Cap 1.5 Billion
Current Price $.18
I wanted to keep it short and concise on each project, but to do it real justice I would need to write a lot more information. These projects will are poised to do really well because they have a real use case that is ready to be unleashed. Please feel free to comment below about anything I left out or about exciting things that are coming up on the projects listed!
submitted by /u/Bildozer1909
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