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to tokenize

to tokenize

7.7
To turn things like art or property into digital units so people can buy small shares
  • verb
  • /ˈtoʊkəˌnaɪz/
  • Specialized
translation icon : tokenizar
  • So we can put digital art, we can tokenize it and own it, but that also means we can tokenize things like IP rights.

So it's basically tokenizing modern art in a way and digitizing it.

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Examples

  • The company plans to tokenize real estate, allowing investors to purchase shares in properties easily.

  • So it's basically tokenizing modern art in a way and digitizing it.

  • But anyway, there is no shortage of people trying to tokenize stuff and sell it.

  • So Science Magic Studios dot XYZ and so that team builds the entire strategy and execution for tokenizing entire economies.

  • Artists can tokenize their work on the blockchain, enabling them to sell digital copies securely.

  • By choosing to tokenize their intellectual property, the creators can offer it in smaller, more accessible units.

Synonyms

to securitize
vsto tokenize
  • Specialized
4 9.1

To convert loans or other assets into things that investors can buy

uses blockchain to make digital tradable units and smaller ownership shares
to fractionalize
vsto tokenize
8.4

To divide something into smaller parts so more people can own it

creates digital units specifically to enable trading and small ownership

Surface Forms

tokenize infinitive
tokenized past
tokenized past participle
tokenizing present participle
tokenizes third person singular

Morphology

tokenize = token (semi-transparent) = token + ize

Morphologically clear (token + -ize), but the blockchain sense is a specialized semantic extension ('make into a digital tradeable token'), which may be less predictable to general learners.

Etymology

Tokenize comes from token ('sign' or 'ticket') and -ize ('to make'), and a token can stand for something valuable. So to tokenize a work of art or a house is to make a digital 'ticket' that represents the thing, letting people buy small parts of it.