Cryptocurrency is like Tesla: industry veterans keep predicting its collapse every day, but it keeps proving them wrong. Even more, it probably makes our world a better place day after day.

If you want to build something big in business, you must think several steps ahead. Although we’re launching crypto-backed loans on demand as our first product, from the very beginning we knew — it’s just a first step.

We have way bigger things in mind here at HODL Finance.

The idea of tokenization is not that new

Tokenization is the process of converting rights to an asset into a digital token on a blockchain, as Nasdaq so simply explains.

Driving force for that is to reap benefits of the two — collect the advantages of cryptocurrency and hold the characteristics of the asset itself.

Tokenization is not such a new term as some might think. It’s just an old practice coming from 1970’s finding it’s path to a new digital economy.

Securitization is the process in which certain types of assets are accumulated so that they can be repackaged into interest-bearing securities.

It is possible to tokenize pretty much any asset. Such assets that are not physical in nature, for instance, trademarks, copyrights, patents etc. are of course way easier to tokenize. Such intangible assets may be also easier to combine with digital blockchain-based systems.

Nevertheless, even tangible assets, such as real estate, art, even expensive wine or champagne, can be tokenized as well.

Champagne tokenized? Why not!

Consider the hypothetical example of John who owns a collection of rare champagne totaling $10M in value. Why? Well because champagne is not only a delicious drink but valuable collectible item too.

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