The Bridge between Real World Assets & Digitalised Assets 🌉

A lot of people still believe that crypto is a scam & isn't substantial because they can't see real world stuff.

I'd say it's lack of knowledge but with or without their education the crypto space keeps evolving.

Sometime last week, I went to the Park with one of my Senior colleagues,

and we had to purchase tickets before having access to the central park which we did 🎟️

We got talking & he made a statement, 'If I have to leave here now to the external aspect, it means I'd have to get another ticket'

What if there was a pass that gives us an automatic access, more like a MINT PASS.

It is definitely a great idea, isn't it?

I began researching and found out that something similar to that has been made available in the Crypto space

I stumbled upon two very interesting projects:

📍Propbase & Galileo Protocol

These opened my eyes to a sphere of Real World Assets'& a world where luxury can also be digitised 🌷

We'd be discussing briefly, both projects:

Firstly, here are some terms we'd be making use of frequently ⬇️

➡️Fractionalisation:

This allows the division of an asset between multiple owners.

Each owner is registered on the blockchain and holds a visible stake in the asset.

➡️Tokenization: This is the process of converting something of value into a digital token usable on a blockchain application.

Now, we've gotten a hold of these terms, let's fudge ahead 😉.

Let's start off with Propbase

➡ What's @Propbase all about?

Propbase is a real-estate market place which uses the system of fractionalisation,

which gives multiple holders the right to an asset & yields/ profit that come forth.

It is being built on the Aptos Chain which is known for its high nō of txns handled per second.

You might be wondering what sets @Propbase apart from the traditional real estate …

Shall we?

📍 Reliability & Safety of asset:

Being a holder, you can be certain that your assets won't be sold off due to unreliable agents interference

📍 Goodbye to landing fees:

You can now say bye to every extra fee which you could've paid because you own a landed property.

Propbase gives you an edge while providing you with a safe house…

📍 Easy access to luxury: Due to the fractionalisation technique,

you can be a part owner of a house with as low as $100…

My mind is blown🤯.

Chill, I know you want to get onboard real bad but let's head down to the second exclusive platform!

Galileo Protocol, here we go!

➡ ️ What's Galileo Protocol?

Galileo Protocol is a cutting-edge tokenisation platform that aims to transform how luxury goods and real-world assets are owned and authenticated.

The protocol enables asset tokenisation through blockchain technology,

allowing the creation of “pNFTs” to encrypt, store, and transfer data securely.

Okay, let's take this slowly.

➡ The term pNFTs refers to ‘physical Non-Fungible Tokens’, tokenised physical assets. These can apply to almost anything where

ownership is essential (real estate, luxury watches, cars).

PNFTs are a response to a fundamental problem in the luxury goods market: counterfeiting.

Are we clear now?

Ok that's great!

Tokenization & Fractionalisation of Real World Assets have brought about:

📍Easier access to luxury:

In the Real Estate Market, fractionalisation has the potential to open up this market to those unable to afford such luxury.

📍Swifter transactions:

The hustle and bustle of performing these transactions using traditional finance,

has been made seamless due to the speed of the blockchain technology.

📍 Authenticity check:

Just like a reality check, you can check the authenticity of your goods.

For example, the Louis Vuitton brand - known for luxury,

has made available a digital NFT collection to prevent counterfeit goods & trades!

So we can see that truly the gap between the Real World Assets & digitalisation has been bridged.

📍 Now that we have some knowledge on both, let's talk about getting onboard:

✓Propbase has carried out two rounds of IDO successfully

The 3rd round is coming soon

You can hop on the sales of the token to secure your spot.

Check the website below 👇:

https://www.propbase.app/

Also do well to connect via 👇

Social link: https://linktr.ee/propbase

✓ @GalileoProtocol

You can join waitlist for marketplace launch 👇

https://waitlist.galileoprotocol.io/

Also do well to connect via👇

Social link: https://linktr.ee/galileoprotocol

Do well to like, retweet, comment & follow if you enjoyed this thread 🧵🌱

My twitter account: @dynazyn1

My Linktree:

https://linktr.ee/The_Dynaayo?utm_source=linktree_profile_share&ltsid=d078a355-5658-4438-bc3d-20a643cfab8b

GM GM buds 😊