TEND Platform – How the Tokenization of Assets Will Begin
Today’s guest is formerly the Cheif Digital Officer at one of the worlds most prestigious banks, he is a Fin-Tech entrepreneur with over 20 years experience in the industry and is now the founder of the TEND Platform – A Blockchain company that focuses on co-ownership of luxury goods and the tokenisation of real assets.
In this episode, we discuss the TEND platform and how it seeks to take rare and vintage objects that have inherent worth and tokenize them on the blockchain so that more investors can enjoy and profit from them in a safe and done-for-you service.
You can reach out to Marco Abele at:
Excerpts from the TEND Website:
CO-OWNERSHIP OF PRECIOUS, SPECIAL OBJECTS & UNIQUE ASSETS
- Investment objects that fulfil a passion or pursuit of a personally important purpose, sourced as a result of the interests of the clients themselves
- Lowering the entry barriers that exist today, enabling people to get access to special investment opportunities currently beyond their reach
- Receiving an investment return as co-owner, i.e. benefiting from the appreciation or proceeds of the asset
UNPRECEDENTED “REAL-LIFE EXPERIENCE” ATTACHED
- Opportunity to see and enjoy the investment first-hand – creating a tangible, emotional return on investment
- Sharing that experience with family and friends or a community of like-minded people who have common interest to invest together
- Gives unforgettable memories, identity, and passion points of an otherwise unattainable unique experience
Knight Frank Luxury Investment performance by asset class over 10 years Source
FULLY SERVICED OFFERING ON THE TEND PLATFORM
- Super light involvement for the clients, as the TEND platform takes care of the associated obligations of the object owners
- A digital interface that serves as main interaction platform. Next, to communication and information features, the platform provides a wallet for the invested assets as well as allows to buy and sell again these investments.
- Investment-associated experiences are provided together with a strong network of business partners fulfilling the service promise
HOW TOKENIZATION OF ASSETS WORKS ON THE TEND PLATFORM
- First, an asset undergoes the procedure of a due diligence to authenticate the asset
- The asset is then split up in parts/shares and the associated experience per share is defined
- The result is certified and the individual shares are put on the blockchain to be registered and be tradable thereafter
This was a fun episode to record and our conversation on thought experiments and how to foster creativity is excellent in the second half of the episode. I really believe in the crypto space all the way back to one of my first interviews with Jeff Lambert in Episode #002 (if you have not heard this one, you must, it’s awesome!) And if you enjoyed this Episode of The Expat Money Show make sure to sign up below to receive Exclusive Content not found on my website or anywhere else.
Always Remember, Endeavour to Greatness