Security Token Asset Manifest
DIRECTOR GENERAL, FOUNDER, ELASTICO
1. BLOCKED CHOICE
Security tokens should choose very popular blockchains. Thus, the main thing in the blockchain is the speed of its adoption. Not its scalability, speed and consensus. It is easier to fix the technical problems of the existing blockchain than to launch a new one.
2. REGULATION DOESN'T ADD ECONOMIC VALUE
Regulation is necessary, but does not guarantee the success of the security token. Regulation does not create new qualities of a digital asset. This value is overrated.
3. FRIENDLY OWNERSHIP
Fractional possession is necessary, but does not guarantee the success of a security marker. Fractional ownership adds secondary market liquidity to existing assets, but does not create new qualities of digital assets.
4. DECENTRALIZED PROPERTY
Registering property on the blockchain reduces the cost of changing property registration. This provides multiple origins, reduces barriers to securitization, and improves liquidity in the secondary market for existing assets. It does not create new qualities for digital assets.
5. CONTINUOUS SECURITIZATION
Decentralized ownership reduces the minimum size of portfolios required for access to capital markets. This includes the process we call Continuous Securitization. Continuous securitization is a key process for lowering capital market barriers for traditional security assets.
6. INSTANT AUDIT
Instant audit, asset tracking and valuation create new qualities of digital assets. This is important for securitizing assets that are rare or do not have access to securitization, such as films or art objects. This creates new qualities for digital assets.
7. TOKS = SECURITIES
7.1. Security tokens are a digital representation of traditional financial instruments in the capital market: stocks, securities, commodities, and commodity futures. They do not require new regulation, because it already exists.
7.2. Security tokens will be sold as tokens on stock exchanges and as securities or commodities on traditional stock exchanges of securities or commodities.
7.3. Utility tokens and currencies continue to exist in a parallel universe with security tokens. Two different in nature.
7.4. Security token offers will be an alternative to IPO.
8. CLASSES OF SAFETY ASSETS
Crowdfunding does not work, institutional capital markets work: group tokens into Security Token Asset Classes. This is the process of creating the Token Asset Class:
8.1. The sectoral transaction settlement standard and cash flow contracts are the basis of the Security Marker Class. It allows you to combine assets into portfolios.
8.2. Combining allows diversification. Diversification reduces the risk to investors. Tokenization eliminates boundaries and provides global access for investors.
8.3. Instant digital cash flow audit creates portfolio transparency. Decentralized ownership allows you to combine portfolios from multiple stakeholders. Continuous portfolio securitization provides granular refinancing and access to capital markets, eliminating the need for all intermediaries such as banks, placement agents, etc. This reduces capital costs for asset holders and opens liquidity.
8.4. Blockchain is not controlled by one organization. It should not be Token The asset class is controlled and dominated by one issuer. Ownership, auditing, and operations should be decentralized in the same way as securitization of traditional assets.
8.5. Stable coins backed by merchandise or decrees. They are important for avoiding currency volatility and for the security of movement of funds through the blockchain. The latter is a prerequisite for institutional capital associated with security tokens.
9. MARKETS CAPITAL WILL DOUBLE
Security markers will allow new issues of Security Markers Asset Classes and trade in capital markets, resulting in a volume comparable in size to the current $ 200 trillion in traditional securities that circulate annually in capital markets around the world.
10. FOR BIG GOOD
Newborn classes Token Asset Classes will improve access to capital for people who create new things, qualities and meanings. This will reduce the role of financial and legal intermediaries. This time, all of humanity not just 1 percent will be eligible to receive a share of these financial benefits.