What if you owned 1% of Facebook? Google? Apple? IBM?
Obviously, if that was the case, you would be sitting on a pile of wealth. The same would be true if you even had .1%. Each of these corporations are worth a ton. Having a small piece of them would be very valuable.
Here we see the power of fractional ownership. Having a part of a very large piece can add up to a lot.
Another way of looking at this is to think about having a portion of the Internet. What if you were able to have .001% of the value of that. Naturally, it cannot be captured but it is something to consider.
This is what Web 3.0 is offering. It is a value capture mechanism that we never saw before. Through the tokenization process, we can seek all that was just mentioned.
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The Value of the Internet
Web 3.0 is going to replace Web 2.0. At some point, many years (decades) down the road, we are going to look back and be amazed at the transition. Because of this, we will have the Internet quantified.
Consider the idea of what is being built. Protocols and networks are being tied to cryptocurrency. That means we have market activities based upon those aspects. This is completely missing today. There is nothing tied to TCP/IP. With a blockchain, whatever is built upon it adds value to whatever is designed at the base layer.
Here we see the potentiality to capture the infrastructure that is being laid. That also can be tokenized. In fact, if it is decentralized, it has to be so as to provide incentive. It is a major transition.
What is the Internet worth? This is anyone's guess but people have estimates over $50 trillion. By now, it might even be $100 trillion. Just think of the commerce that takes place on this medium. Finance is an enormous industry and most of it is online. That is just one example.
How would you like to own a piece of that? Would it be nice to quantify your holding?
That is what tokenization does.
Open to Anyone
One powerful aspect is that this is open to anyone. No longer are we dealing with a closed system. Blockchains are permissionless. So many are many of the projects being built. For this reason, the inclusion is much larger than before.
An ecosystem like Hive certain is showing the path forward. Many other blockchains reflect the present system in the sense people have to buy in. Even with mining, the costs are so great that it is a essentially a pay-to-paly.
Naturally, this excludes much of the global population. Those without the initial resources are not going to be able to benefit financially.
This all changes with Hive. When you give the people to accumulate based upon their activities, this is a real game changer. As more communities form, this concept should branch how. It will also envelop gaming and an assortment of other activities.
Fractional Ownership
This concept was introduced with the establishment of the corporation. It introduced the idea of the shareholder, where people were able to purchase stock in different companies. Of course, this was originally open to the aristocrats since they were the ones with the money. Over time, this did spread to include more people yet, even today, incorporates only a small fraction of the total population around the world.
Tokenization is going to allow for billions of people within the next few years to have stake in different projects and ecosystems. This will quickly surpass the 400 years of progress of the public corporation.
In the United States, it is estimated that roughly 150 million people own stock. This is a bit misleading since that number drops to about 15% of the population when you consider direct ownership. Either way, there are still a lot of people left out of the equation even in the US.
Therefore, if you own some coins or tokens, you are already ahead of most of the world when it comes to fractional ownership. You have a piece of an asset that has the potential to appreciate.
Consider how this idea can spread over the next decade. Every area of life can be penetrated. Whatever is of interest to people, that can be tokenized. This could simply be something social such as a hobby or sports team or a business that generates profits.
Web 3.0 is the natural evolution of the digital world. This is going to incorporate more of our lives, simply as the Internet keeps growing in use case. It is a transition that will allow billions to participate. Of course, we see how the established entities will resist this. To them, things are just fine as they are.
It is a fight. The few who are truly involved now are the trailblazers. They are also the warriors in this battle. Ultimately, they will be the ones who are able to capture the value of what is being created.
This is the power of fractional ownership.
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