Whitepaper Tokenization: the contemporary token economy

This whitepaper is part of a planned whitepaper series by Detecon, Amazing Blocks (Author: Nicolas Weber) and Metagamehub DAO and will present a general overview to the reader interested in Blockchain on Token Economy, DLT (Distributed Ledger Technology) and related current technologies such as DeFi (Decentralized Finance), DAOs (Decentralized Autonomous Organization), NFTs (Non-Fungible Tokens) and many more blockchain-related technologies. There is still a need of education due to the dynamic and fast development of the market and topics. Looking at the current number of crypto wallets worldwide (around 80 million), the figure is still small in comparison to the total world population of 8 billion humans having access to the technology, the necessary knowledge, and usability standards.

The gap of merging technologies and the reality will become smaller in the future, and new technologies will create unprecedented opportunities for humanity. Some examples include Web 3.0, the metaverse or DeFi to name some which will be described in this whitepaper with examples, and will have an impact on our daily life and will close the gap between the current and the future world by highlighting some of the most current and discussed topics in the token economy area. Tokenization or tokenizing assets in this context is disrupting the way we usually tend to invest in, buy into and manage assets. Therefore, tokenizing assets such as real estate, cars, art, luxury goods and other collectibles is a new way to create markets and increase sales.