SS G maybe the best comment we’ve received. Thank you. Glad you enjoy.

@@Interaxis My friends, accountant, family wants to learn about crypto after seeing what I have done for myself. I'm building a playlist for them from basic to intermediate. Your videos will be on the playlist. You are a great teacher.

SS G We’re creating a membership are so people can learn how to do it safely. It will include videos as well as regular live sessions.

@@Interaxis Great

But look forward to seeing what you put together if you don’t mind sharing. We like to see what others find important and useful

Wow, thank you!

Exactly! If you have access to the Internet usually have the same access information as everyone else does. The question is what are people spending their time on? People always complain about not having any currency (Not to be confused with money) but yet they are not helping themselves with the information that is out there to improve their situation.

thats the point! happy to be here :)

We're so excited about it. Why are you excited?

Thank you for the kind words

Thank you so much. Really appreciate it.

Thank you. Glad you enjoyed and the video helped. ' Launching an Academy to help teach more about investing in and using Crypto and DeFi.

@@Interaxisyeah could you please share a video on how will blockchain impact financial markets..

That's a pretty broad concept, and our entire KZfaq Channel is really about that. We do have some projects working. One is a book, and the other is a video series to go along with a book, showing the journey from Bitcoin to DeFi.

@@Interaxis okay thank you really looking forward to that.. One more thing for the topic I mentioned what according to you should be the main points which should be there if one is making a ppt on it.. Would really help sir

Hi @Julio Rosario, Very interesting. I have just filed for a patent in this very space. We would be interested in developing this project for you. Let me know if you are interested and we can connect.

Thanks, Matt. I wish I could get to my Medium post from early 2019 talking about portfolios of tokenized assets, and the transparency, liquidity and collateralization

@@Interaxis 1. what cryptos/investments do u recommend? (#NotFinancialAdvice) realio? swarm market? ondo? ...? 2. I understand the importance for cybersecrutiy while dealing with RWA. If everything becomes tokenized the internet needs to become a much more secure place. (Now this is my personal take) I've been researching Internet Computer (ICP) and from what i can tell they are building the futur of internet: not just networks as known today, but the internet on the blockchain, making cybersecurtiy/ransomwear not a problem anymore. (there is way more to it, but i thought this was an interesting topic especially considering the need for cybersecurity with RWA on the internet of today) Have a great day

Unless you would set a cap for the average person, but these type of investments usually requires a lot of funds so they are reserved for high certified net worth individuals. What this means is that if there is any loss the high net worth individual would not feel the loss compared to the person using all his $20 to invest.

Thank you so much. We appreciate it.

WNDR ON FTX

Centrifuge is doing this now

Thank you

Thank you

Sologenic on the XRPL

Transparency and more liquid

They will likely adapt or be phased out.

apologies, the presale target is 70M over 180 days

Layer 2 solutions. Think Loopring will take a big part in this soon

have u ever seen whats eth2.0 roadmap? tx fees close to 0

YES YES YES! So glad you got that. Technically, security tokens are NFTs - Non-Fungible Tokens. We have just seen the NFT meme get taken by art and collectibles, but an NFT is really any token that represents some real world asset.

Good question, Sam! Thanks!

You can put a charge on the title so that it can't be sold unless you agree to the terms

If you look well in the diagram, there is a custodian which is responsible for all tokenized asset. Without a custodian the program would fail.

Hmmm i need to know who is on the team

Are you asking about the custodian that is holding the Real Estate Token? Or the actual real estate company?

@@Interaxis actually for both. I am trying to figure out what impact real world problems may cause to everybody involved.

Actually really good to think about. Keep in mind that the tokens are just digital representations of your ownership in some asset. If we're talking real estate, there is still a company that has bank accounts, and is buying property. Those properties have revenue and expenses. If, for some reason, that company that yo've invested in goes bankrupt - can't pay its bills - they can sell the real estate, or go through some sort of restructure. As an owner it is no different than if any other company did the same. The custodian of the tokens is really a place to hold your digital representation. The tokens are created to allow for all the legalities to be encompassed in a format that allows for greater transparency and transfer. For many of these, you can custody on your own hardware or software wallet. If there is a digital asset custodian, they are probably also a transfer agent, which means they are providing a marketplace for you to sell the tokens, and have the legal and regulatory approval to transfer official ownership along with it. If that custodian goes bankrupt, you still have your tokens. They live on a public blockchain, and you can move them to another custodian, or to your own wallet. Of course, there hasn't been much in the way of actual case studies yet, so much of this is theoretical.

@@Interaxis thanks a lot for your time and explanation - much appreciated!

Happy to help. Feel free to email us if there are more questions info (at ) interaxis.io

Thank you for the comment. These smart contracts still need to match up with the current legal structures around real world assets, for now. Eventually the hope is that private investments, real estate, etc., use blockchain technology to denote ownership and transfer. Please don't conflate these smart contracts or tokens with the current tokens you see mostly in crypto. Smart contracts are programmable, so there can be ways to protect against having multiple tokens representing the same asset.

Many of the platforms have the ability to take on the process of checking the investors for accreditation status, taking the payments, and converting to tokens. We have another video on Security Token Issuers that might help. kzfaq.info/get/bejne/rbOXnM6Q0b_GZaM.html

Publicly available securities like public stocks and bonds are tradeable on a secondary market. Private investments are not

Cash flows won't be hard to sync. The tough part will be legal ownership, and enforcement.

i have the same question and line of thought! it seems like it can only be done by accredited people. aka: wealth staying within wealth

@@marcuszamani4075 Yeahhh.... sad.

labs group

Hi David, we do get this question quite a bit in light of hacks, exploits, etc. It's important to note that we can write the smart contracts for these tokens in just about any way we want, of course conforming to the token standard. That means we can write in that if you lose access to your wallet, or you get hacked, we can burn the lost tokens and issue new ones. This isn't a completely decentralized process. The tokens just represent the assets, but they are not the assets. We will still have to fall back on laws that govern property to guide us, and the tokenization aspect just makes accounting for and settling the transactions more efficient.

@@Interaxis Thanks for answering! But if I lost my keys, how can I prove that I am the rightful owner? Would require KYC for everyone involved then I guess?

We're not tax experts, but we believe the answer is yet. If I buy BTC, and trade it for ETH later, I am taxed on the dollar value of the gain in BTC over that time.

@@Interaxis Yes, a capital gains tax

It is my understanding that as long as you are shifting from one asset to another without converting to fiat during the process, that you do not pay capital gains tax on that crypto-to-crypto shift. The problem is that many centralized exchanges do involved settling/converting to fiat in the backend, which makes the conversion a taxable event. I haven’t seen a lot on this, but to me that is one of the biggest implications of Visa starting to settle certain transactions in USDC; Now you could theoretically pay for something with a crypto back VISA card and only be paying the sales tax at the POS rather than capital gains.

@@Interaxis I could be wrong though, as I also am not a tax expert; Though after discussing with my accountant, that was the answer he came to.

@@lukevarnell9939 Which is the answer?

Are you asking about the blockchain fees like gas, or overall fees? The quick answer is that it completely depends on the asset, and the reason you're tokenizing it. If you're looking to tokenize an investment, and distribute tokens to the investors, that can get expensive. You still have legal costs, plus the coding, etc. If you own something of value, like art or a car, and want to tokenize to sell parts of it, that can be much less expensive, since much of it can be done on-chain.

@@Interaxis I'm referring to what kind of fees are incurred in tokenizing the asset, if a third party is used for tokenization.

No. There are apps that will allow you to create smart contracts now, without knowing any coding. Just like you can build a website in a few minutes.

Good question. It can be a REIT, but just using the token to more efficiently track the ownership. The tokenization means that all the legal aspects can be encoded. So, in theory, you could then sell some or all of your tokens, which represent your ownership, in the REIT. The biggest issue with REIT's is the lack of liquidity. That is because of what a PITA it is to re-paper a new owner. If all that were taken care of programmatically, the official transfer happens on-chain through a transfer agent, then by REIT is now liquid. Liquidity also means it can be used as collateral, since I can pledge the tokens, and if I don't pay the loan back, the lender can take ownership of the tokens. Hope that helps.

@@Interaxis first of all, thanks for taking the time to reply. This does solve the issue of illiquidity in non traded REITs. I think I don’t understand the part about encoding of the legal aspects. I need to read more about this.

We have another video about the security token issuers that might help. kzfaq.info/get/bejne/rbOXnM6Q0b_GZaM.html We're also happy to explain it sometime if you want to contact us.

Labs group is it better than REIT?

That's a good question. We don't think there is a "winner" here. There are several chains and protocols that fit for the tokenization of assets. Each issuer and project will just have the ability to choose the chain that best fits for its purposes. For example, a company issuing a Real Estate token may choose Tezos for certain longevity properties related to the fact that Tezos does not fork their code. However, a company that is issuing invoices might use Ethereum because of the access to more DeFi protocols. A company issuing debt may choose a permissioned chain like Provenance because they need access to the banking partners. The chain will be determined by the issuer based on properties, goals, benefits, and many other factors.

Easy...you just do it and then it's done.

@@KQKQKQKQKQKQ okay go to hell

@@tayneilson That escalated quickly

@@KQKQKQKQKQKQ always does. But for real I have assets but idk how to sell the tokens properly

Kind of. Each casino token has to be backed by the requisite amount of dollars

I hit dislike in error