to tokenize
- verb
- /ˈtoʊkəˌnaɪz/
- Specialized
- 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.
- So it's basically tokenizing modern art in a way and digitizing it.
- So we can put digital art, we can tokenize it and own it, but that also means we can tokenize things like IP rights.
- And we build software that is accounting software for other tokenized entities that want to track their their assets on chain.
- Now you could tokenize it, which means you can have the recorded ownership, your fraction of ownership that trades on an exchange.
Examples
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The company plans to tokenize real estate, allowing investors to purchase shares in properties easily.
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So it's basically tokenizing modern art in a way and digitizing it.
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But anyway, there is no shortage of people trying to tokenize stuff and sell it.
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So Science Magic Studios dot XYZ and so that team builds the entire strategy and execution for tokenizing entire economies.
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Artists can tokenize their work on the blockchain, enabling them to sell digital copies securely.
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By choosing to tokenize their intellectual property, the creators can offer it in smaller, more accessible units.
Synonyms
To convert loans or other assets into things that investors can buy
To divide something into smaller parts so more people can own it
Surface Forms
Morphology
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.