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Tokenization explained Simply | From concert tickets to real estate
1. What role do middlemen play in traditional ownership systems?
✅ They check paperwork and manage transfers
2. Why is tokenization important for the future of ownership?
✅ It cuts out hassle, saves money, and opens markets to more people
3. What does a QR code on a concert ticket represent?
✅ Your right to attend on that date, in that seat
4. What can you do with a tokenized concert ticket that's difficult with traditional tickets?
✅ Sell it directly to someone else without paying massive resale fees
5. What makes a tokenized digital certificate special?
✅ It can't be forged, can't be lost, and moves instantly between owners
6. How can tokenized real estate change ownership?
✅ In minutes instead of weeks
7. What makes a tokenized concert ticket different from a regular QR code?
✅ It lives on the blockchain and is secure, impossible to forge
8. What fees does tokenization help you avoid?
✅ Banks, title companies, and auction house cuts
9. Besides concert tickets, what other things can be tokenized?
✅ Real estate, art, stocks, and rare collectibles
10. What is built into tokenization technology that replaces middlemen?
✅ Verification
11. Who do you normally have to trust when buying traditional concert tickets?
✅ The venue, ticketing company, and third-party sellers
12. What do you normally need when buying expensive artwork traditionally?
✅ Certificates, insurance, secure storage, and galleries for selling
Wrapped Tokens: Why They're a Crypto Game-Changer!
1. What is one major use of wrapped tokens in DeFi?
✅ Lending on platforms like Aave
2. Which cryptocurrency is mentioned as an example of a wrapped token?
✅ Wrapped Bitcoin (WBTC)
3. What locks the original token when creating a wrapped token?
✅ A bridge or custodian
4. What technology is mentioned to make wrapped tokens safer in the future?
✅ ZK-proofs
5. How do wrapped tokens maintain their value?
✅ Pegged 1:1 to another crypto's value
6. Which platform bridged $5 billion in 2024, as mentioned?
✅ Chainlink's CCIP
7. What are wrapped tokens designed to do?
✅ Enable crypto to work on different blockchains
8. What percentage of DeFi relies on wrapped tokens in 2025?
✅ 40%
9. How much was lost in bridge exploits in 2024?
✅ $1.9 billion
10. What is the market cap of Wrapped Bitcoin in 2024?
✅ $10 billion
11. What is a major risk associated with custodial bridges?
✅ They can be hacked
12. By 2030, what percentage of cross-chain volume could wrapped tokens represent?
✅ 80%
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