Putting a license on the internet isn't innovative. Putting a license that can be owned in fractions is.
Most deals in the real world are already fractionalized. If someone is building a new housing complex, he is likely going to raise funds from a bunch of investors, each of which will get a share of ownership based on their investment and negotiation skills. The only way to invest in these deals is if you know people and are in the right place at the right time. There are gatekeepers aplenty and you need big capital to get in.
If you were to tokenize the same new housing complex, anyone, anywhere can buy it up. Ownership records are transparent. There are no gatekeepers. And ownership is fully democratized. You might have $1 to your name but you can still claim to have ownership of this spanking new housing complex (even if its 0.0001%) - no intermediaries involved.
It opens up previously unavailable opportunities to anyone, not just the people with the connections and the big wallets.
Most deals in the real world are already fractionalized. If someone is building a new housing complex, he is likely going to raise funds from a bunch of investors, each of which will get a share of ownership based on their investment and negotiation skills. The only way to invest in these deals is if you know people and are in the right place at the right time. There are gatekeepers aplenty and you need big capital to get in.
If you were to tokenize the same new housing complex, anyone, anywhere can buy it up. Ownership records are transparent. There are no gatekeepers. And ownership is fully democratized. You might have $1 to your name but you can still claim to have ownership of this spanking new housing complex (even if its 0.0001%) - no intermediaries involved.
It opens up previously unavailable opportunities to anyone, not just the people with the connections and the big wallets.