加密世界具有巨大的價值！

考慮到我們最近的一些意見（下面鏈接），您可能沒想到會聽到我們的話。由加密障礙鏈結構使資產的數字令牌化可以提高資本市場的效率

The world of crypto holds tremendous value! Given some of our recent opinions (linked below), you probably did not expect to hear those words from us. Digital tokenization of assets, made possible by the crypto-blockchain construct, can boost efficiency in the capital markets, thus greasing the wheels that drive the economy.

加密世界具有巨大的價值！考慮到我們最近的一些意見（下面鏈接），您可能沒想到會聽到我們的話。由加密障礙鏈結構使資產的數字令牌化可以提高資本市場的效率，從而使驅動經濟的車輪潤滑。

Our views on cryptocurrencies and meme coins haven’t changed, but digital asset tokenization is different and could drastically redesign financial markets for the benefit of the capital markets and the economy.

我們對加密貨幣和模因硬幣的看法並沒有改變，但是數字資產令牌化是不同的，並且可能會大幅度重新設計金融市場，從而使資本市場和經濟受益。

What Is Tokenization?

什麼是令牌化？

Asset tokenization is the act of digitizing the ownership of an asset. At a very high level, it is not that different from the way your bank manages your checking account. Your bank doesn’t have a vault stuffed with your cash in it. Instead, it has a computer with a series of 1s and 0s representing your cash balance. Banks essentially digitize our money.

資產令牌化是數字化資產所有權的行為。在很高的水平上，這與您的銀行管理支票帳戶的方式沒有什麼不同。您的銀行沒有金庫塞滿您的現金。取而代之的是，它具有一系列1s和0的計算機，代表您的現金餘額。銀行本質上將我們的錢數字化。

Digital asset tokens represent real-world assets, just as the banks’ 1s and 0s represent your cash. The range of assets that can be tokenized is limitless. Before we get into the details of tokenizing assets, it’s worth sharing some unique examples of how tokenizing assets benefits the sellers and buyers of the tokens. Consider these possibilities:

數字資產令牌代表現實世界中的資產，就像銀行的1和0代表您的現金一樣。可以被象徵化的資產範圍是無限的。在我們了解令牌資產的詳細信息之前，值得分享一些獨特的例子，說明如何使標記的賣方和買家受益。考慮這些可能性：

Movie Property Rights

電影財產權利

A movie producer may issue tokens to fund the production of a movie. Not only would this finance the movie creation, but it might also allow the producer more artistic freedom by avoiding the large studio companies that often dictate budgets and many aspects of the movie.

電影製片人可能會發出代幣以資助電影的製作。這部電影不僅可以為電影創作提供資金，而且還可以通過避免大型錄音室公司經常決定預算和電影的許多方面來使製片人更加藝術自由。

In exchange for their funding, the token owners might receive a percentage of future revenue from the film and the rights or partial rights to the film. Furthermore, they might also receive free premiere tickets as a bonus.

為了換取他們的資金，代幣的所有者可能會從電影中獲得未來收入的百分比，以及電影的權利或部分權利。此外，他們可能還會獲得免費的首映門票作為獎金。

Drug Development

藥物開發

A scientist or pharmaceutical company may source capital to research a new cancer drug via tokens. In exchange for funding, token owners could receive the rights and future revenue from the drug. Not only would this provide a new source of funding for the pharmaceutical industry, but it’s also a new way for individuals to donate to a cause they care about and possibly benefit financially.

科學家或製藥公司可以通過代幣來源資本來研究一種新的癌症藥物。為了換取資金，令牌所有者可以從該藥物中獲得權利和未來收入。這不僅會為製藥行業提供新的資金來源，而且這也是個人捐贈給他們關心並可能在經濟上受益的新方法的一種新方法。

Art

藝術

A painting might be tokenized to share ownership of one painting or a collection of art. Token holders, for their part, could receive revenue if the art is leased to museums. Further, art enthusiast token holders can own a fraction of a prized piece of art. While revenue may or may not benefit the token holder, some ascribe much non-financial value to owning such works of art.

一幅畫可能會被象徵性地分享一幅畫或一本藝術品的所有權。如果將藝術租給博物館，則代幣持有人可能會獲得收入。此外，藝術愛好者代幣持有者可以擁有一小部分珍貴的藝術品。儘管收入可能會或可能不會使令牌持有人受益，但有些人將很多非財務價值歸功於擁有此類藝術品。

Future Earnings of an Athlete

運動員的未來收入

A 16-year-old high school athlete with exceptional baseball skills but little money could tokenize his future baseball income. Token holders who can scout athletes at a young age can provide some income for the kid today and share in his revenue if he makes it to the big leagues.

一位具有卓越棒球技巧的16歲高中運動員，但很少的錢可以使他未來的棒球收入來表達。可以在年輕時偵察運動員的代幣持有者今天可以為孩子提供一些收入，並分享他的收入，如果他獲得了大聯盟。

Hotel Rooms

酒店房間

An investor or company could buy a hotel and fund its purchase with room tokens. The holder of the tokens may receive future revenue whenever the room is rented. Moreover, tokens may give the investor a discount for that room or other rooms owned by the hotel owner.

投資者或公司可以購買酒店，並通過房間代幣為購買資金。每當房間租用時，代幣的持有人可能會獲得未來的收入。此外，代幣可以為投資者提供該房間或酒店所有者擁有的其他房間的折扣。

Here are a few more ideas to highlight just how distinctive and vast the potential to raise and invest capital is:

這裡還有一些想法，可以強調籌集和投資資本的獨特性和巨大潛力：

We get into the tokenization weeds a bit in the following sections. However, whether you stop reading here or at the end, what we hope you take away from this article is that the tokenization process opens many new doors for those looking for capital funding. Equally, it significantly increases the number of unique and diversified investment opportunities for investors.

在以下各節中，我們稍微介入了令牌化雜草。但是，無論您是停止在這裡還是在最後閱讀，我們希望您從本文中脫穎而出的是，令牌化過程為那些尋求資本融資的人打開了許多新的門。同樣，它大大增加了投資者獨特和多元化的投資機會的數量。

More simply, it makes capital markets more effective!

更簡單地，它使資本市場更加有效！

How It Works

它如何工作

The following is a step-by-step summary of the tokenization process:

以下是令牌化過程的逐步摘要：

Token Platforms And Exchanges

令牌平台和交流

The platform and exchanges take the digital token from an idea to a funding mechanism and tradable asset.

該平台和交流將數字令牌從想法到資金機制和可交易資產。

The token platform is like the factory for our product. The platform includes the lawyers, technical analysts, and back offices responsible for creating the digital security. Thus, it is where the tokens are created, hosted, and managed. This comprises regulatory compliance, initiation of smart contracts, and token creation.

令牌平台就像我們產品的工廠一樣。該平台包括負責創建數字安全的律師，技術分析師和備用辦公室。因此，這是代幣的創建，託管和管理的地方。這包括監管合規性，智能合約的啟動和代幣創建。

Ethereum, Binance Smart Chain, Polygon, and Solana are a few of the larger platforms. The token issuer is mainly responsible for managing platform-related tasks.

以太坊，Binance智能鏈，多邊形和Solana是一些較大的平台。令牌發行人主要負責管理與平台相關的任務。

Token exchanges, like the stock exchanges, are where the tokens are traded after they are created on the platform. Some examples include Coinbase (NASDAQ:COIN), Binance, and Kraken. Traders, investors, and broker/dealers are the primary users of the exchanges.

代幣交易所（如證券交易所）是代幣在平台上創建後交易的地方。一些例子包括Coinbase（Nasdaq：Coin），Binance和Kraken。交易者，投資者和經紀人/經銷商是交易所的主要用戶。

Some companies like tZERO offer both platform and exchange services. Furthermore, they are an SEC-registered special-purpose broker-dealer for digital tokens.

像Tzero這樣的一些公司提供平台和交換服務。此外，它們是用於數字代幣的SEC註冊專門經紀人。

The importance of blockchain is that it provides much more transparency than the current financial system. A token’s ownership and its entire transaction history are available for anyone to see. Furthermore, the platforms and exchanges ensure that the tokens are tied to an asset and verified by external data

區塊鏈的重要性在於，它提供的透明度比當前的金融體系更具透明度。代幣的所有權及其整個交易歷史記錄都可以供任何人查看。此外，平台和交流確保令牌與資產綁定並通過外部數據驗證