Blockchain Creativity Is Carving Out The Future
Tokenization Changes Everything
I began blogging about Crypto and tokenization back in 2016. Seeing how far we have come in such a short period is amazing. In those days, the idea of tokenization was more of an experiment conducted by a minority. The ICO boom triggered an awakening regarding tokenization, and though not immediate, was the beginning of what we are now enjoying regarding WEB3 and tokenization.
BlackRock is now catching on to the idea of tokenizing real-world assets, shares, and other financial instruments. However, their perspective is not necessarily in harmony with the average WEB3 advocate, but we can still leverage their decisions and approaches. That’s an important point to remember. Investors need to consider knock-on effects and reactionary responses from the market.
The world will be a very different place in 10 years. Tokenization will eventually eat into every financial and economic model. The foundational building blocks of future economic models are being laid in the present. Pioneers and innovators are busy carving out the future. In a recent article, I address the concept of DeFi and the tokenization of real-world assets.
No Backing Out
This is where the “shift” will affect even those opposed to Crypto and blockchain technology. As the tokenization of real-world assets accelerates, the average man on the street will find himself exposed and reliant upon blockchain technology to some extent. It might not be a conscious decision. However, tokenization will become a part of everyday life, even for those opposed.
Just as the ocean carves a path through solid stone by continuously washing up against it, blockchain technology is busy carving out the future of finance and economic activity. Not only economic activity but all transactional activity, including social communications. SoFi will expand beyond what we currently understand it to be. It will incorporate payments and other beneficial aspects.
When you consider that payments occur socially every day, it’s not a stretch to imagine many of these payments taking place via social applications. Reward structures of various companies and services will tie into the concept of tokenization and SocialFi. However, much still needs to unfold within the SoFi sector, indicating that the sector is primed for future expansion.
The decisions currently being made by institutions, business entities, and even governments are a clear indication that Crypto and blockchain are more than a mere trend. The future is busy being shaped and industry leaders are beginning to catch on. Investments might display volatility in the short term. However, hindsight will validate those who took action before mainstream adoption and inclusion.
Final Thoughts
The future always begins in the present. The seeds we sow today create the realities of tomorrow. For some, this shift might be daunting. However, it is certain. It’s best to become acquainted with this technology as an investor as it presents the single best investment opportunity of the decade, at least in my opinion. All the best, enjoy your weekend and I will see you next time!
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.
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