Will Tokenized Assets Become the Future of Investing?
Blockchain company has launched a new asset management solution that could change investments on a global scale, crossing economic, class, and national borders to revolutionize faltering financial markets.
In recent decades, crowdfunding has exploded in popularity in developed nations. With early roots in the subscription business model that has been used for various creative and entrepreneurial projects for centuries, it has evolved into a powerful force in modern culture.
A brief history of the crowd
Even in modern times, crowdfunding started in the arts, with various musicians and visual artists campaigning for fans to underwrite tours, albums, and filmmaking ventures.
Crowdfunding as we now know it is taking many paths. These range from deeply altruistic campaigns to raise money for lifechanging or even lifesaving medical procedures, to rackets that can barely be considered more than extortion.
Another turn crowdfunding has taken is into the world of the initial coin offering (ICO), security token offering (STO), and initial exchange offering (IEO). These blockchain-based capital ventures saw their peak in the ICO boom of 2017.