Step 3: Select Underlying Asset Class

Mandatory

Selecting the underlying asset class is crucial as it identifies the underlying financial nature of the token question, providing the foundation for the token’s value. This step ensures transparency by linking the token to a tangible or verifiable asset, building trust with investors and facilitating accurate valuation. Recording this information as metadata in the token’s smart contract establishes a clear, immutable connection to the asset class.

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Underlying Asset List

Residential Real Estate, Commercial Real Estate, Agricultural Land, Urban Land, Precious Metals, Energy Resources, Base Metals, Agricultural Commodities, Industrial Commodities, Public Securities, Private Securities, Corporate Bonds, Government Bonds, Patents, Copyright, Royalties, Natural Resource Royalties, Art, Gemstones, Cars, Business Revenue, Accounts Receivables, Inventory.

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Why This Step is Important

• Transparency: Reduces ambiguity by defining what the token represents.

• Facilitates Valuation: Assists in pricing the token based on the asset’s characteristics.

• Enhances Trust: Demonstrates a tangible or verifiable link between the token and the asset.

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Actions

1. Select the specific underlying asset from the Underlying Asset List above.

2. Verify that the asset aligns with the chosen asset_type.

3. Record the selected underlying asset as underlying_asset.

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