Blockchain technology is a revolutionary concept that has transformed different aspects of our lives. The creation of cryptocurrencies a decade ago disrupted the financial sector by providing cheap cross-border transactions.
In recent years, blockchain adoption has hit record highs, and new trends have begun to emerge that provide real-life applications for users. For example, the DeFi boom in 2020 enabled retail investors to access novel financial products and services such as staking, lending, yield farming and more.
This was followed by the explosive growth of non-fungible tokens (NFTs) in 2021, where several artists and brands made record sales from minting NFTs. Finally, the Metaverse has emerged as the biggest trend in 2022 and promises a virtual world where users can live, work and earn a stable income.
Tokenization has been touted as the next big revolution in the blockchain world, and for good reasons. In simple to understand terms, tokenization is converting assets or rights into digital tokens built on a blockchain.
What makes tokenization unique is that it provides an easy way for anyone to invest in assets, and getting ahead of this trend is a sure way to benefit financially. However, getting the right platform to invest in tokenized assets can be challenging, and Genius Assets seeks to simplify the process.
An innovative platform for tokenized assets
Genius Assets is an innovative ecosystem where anyone can access diverse tokenized asset classes. Unlike traditional financial platforms, traders have to go through brokers and challenging regulatory checks to access financial assets.
Genius Assets simplifies this process by using GeniuX (IUX), an ERC-20 token that serves as a utility token. The GeniuX token represents a fraction of a user’s investment value and provides holders with access to diverse asset classes and features within its ecosystem.
Real-world assets like properties can be tokenized for investors to invest using their GeniuX tokens. Genius Assets has launched a marketplace where investors can purchase tokenized real estate assets within a few minutes.
These assets can be resold to other investors within the marketplace for profits. In addition, transactions made using GeniuX tokens are cheap and can be tracked on the blockchain. IUX token also provides holders with long-term benefit and those that invest early could receive impressive yields as its ecosystem continues to grow.
A safe ecosystem for crypto investment
It is well known that the crypto market is filled with dubious and scam platforms looking to dupe unsuspecting victims of their hard-earned money. Genius Assets protects investors against such scams and provides a safe ecosystem for anyone to invest without fears of losing their funds.
It also provides educative resources for crypto investors to enable them to navigate the complex world of investing. Thus investors are well educated and able to make the right choices to increase their capital.
Getting real value through fractional ownership
Fractional ownership is a unique way of owning assets based on dividing the value of physical assets into tokens that everyone can purchase. Genius Assets has developed a complete Fractional ownership solution that improves the current real estate industry practices.
The process is relatively simple, Genius Estates Company tokenizes the value of each property, and the tokens are sold to investors on the Genius Assets Marketplace. Once the property increases in value, investors can sell the tokens within the marketplace and receive profits on their investments.
Backed by key players in the blockchain industry
Genius Assets has made strategic partnerships with key blockchain projects, including decentralized oracles platform Chainlink. Chainlink is one of the biggest blockchain protocols and will be providing the technology needed for Genius Assets to place their offline data into the blockchain.
In addition, the Genius Assets team consists of experts with decades of experience in the blockchain and financial sector. Each tokenized asset on its platform goes through a transparent vetting process to ensure investors have the best options.
More developments are expected in the coming months
Genius Assets has already attracted the attention of the crypto sector and has one of the fastest-growing communities of users. The blockchain platform has already highlighted a few developments on its roadmap for the coming months.
Some of which include fully launching its Fractional ownership project, listing the IUX token on more exchanges and launching the official Genius Assets app. Stay up to date with the latest developments by following the links:
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