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RE: Tokenization Showing How Exclusive The Present Financial System Is

in LeoFinance3 months ago

Truly, the venture capitalists moving into this space have no idea what they are doing. Everyone seems to think it's a good idea to peg crypto to physical assets. This is an impossible task. Whoever owns the physical asset owns it... and information on the blockchain is pretty meaningless in that context. The ability to counterfeit physical goods is a trivial task even if the digital side is solid.

The only valid use of NFTs is proving ownership over digital assets.
It becomes quite obvious to me that the biggest use-case is online gaming.
I'd be surprised if crypto gaming wasn't a trillion dollar industry within a decade.