Tokenization is reshaping industries by allowing fractional ownership of assets, from real estate to entertainment, making previously exclusive opportunities accessible to a broader audience.
Roundtable anchor, Rob Nelson, and Armando Pantoja, Futurist and Founder of Quant Index, explored the transformative potential of tokenization across various sectors, emphasizing its implications for creators, investors, and industries reliant on substantial capital.
Nelson set the stage by highlighting the potential for tokenization to empower creators, saying, "You don't need to just sit on YouTube and hope that you get a million views. You can tokenize your content, your fans, your audience, your supporters." He underscored how this model enables a more participatory investment landscape.
Pantoja elaborated on the barriers faced by artists in traditional industries, explaining, "It requires a lot of capital upfront, which is limited to the types of people that can get involved." He pointed out that record deals often saddle artists with loans that carry exorbitant interest rates, stating, "Those loans are sometimes as high as 40%."
Discussing the benefits of tokenization, Pantoja noted, "If they were able to get capital from regular people through tokenization, everybody would be better off." He emphasized that this approach increases capital available to artists while allowing fans and smaller investors to partake in an artist’s success or an asset's growth.
Tokenized media properties like Coinage, which allow NFT holders to own a piece of the brand, or blockchains dedicated to tokenizing creations like Lumina1 have made strides in using Web3 to help creators.
Extending the discussion to real estate, Pantoja said, "If there's a big commercial building or skyscraper going up, people can now take part in that. It's not just limited to very rich individuals or organizations." He concluded that tokenization represents "a bright future" and is poised to become a major driver of cryptocurrency adoption.