There are millions of machines on this planet and they all generate value in one form or another
Some machines can be pretty expensive to build and maintain, and for this reason, they're generally owned by a small % of the world population: Businesses and rich people @peaq's Machine RWAs exploit this problem to create an entirely new economy
🔹 What are Machine RWAs, and why they're a game-changer for crypto Unlike many other buzzwords in Web3, Machine RWAs can actually solve real problems in the physical world Coffee machines, cars, computers, and so much more can be tokenized and the ownership of said machines delegated to the ownership of the token And it's obviously possible to fractionalize the whole as well 🔹 The implications Let's take a self-driving Taxi for example: - You can tokenize it on $PEAQ and divide it into multiple shares - Selling shares can net you enough money to fund part of the Taxi's costs (gas, maintenance) - In exchange, the new owners of the share can earn a % of what the taxi will generate in revenues And this can work with so many different things that there isn't even a point in trying to list them all You can find an interesting list of ideas at the post below ↓
A RoboFarm is already live, can't wait to see a vertical farm and autonomous vehicles kick off as well
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There are millions of machines on this planet and they all generate value in one form or another
Some machines can be pretty expensive to build and maintain, and for this reason, they're generally owned by a small % of the world population: Businesses and rich people
@peaq's Machine RWAs exploit this problem to create an entirely new economy
🔹 What are Machine RWAs, and why they're a game-changer for crypto
Unlike many other buzzwords in Web3, Machine RWAs can actually solve real problems in the physical world
Coffee machines, cars, computers, and so much more can be tokenized and the ownership of said machines delegated to the ownership of the token
And it's obviously possible to fractionalize the whole as well
🔹 The implications
Let's take a self-driving Taxi for example:
- You can tokenize it on $PEAQ and divide it into multiple shares
- Selling shares can net you enough money to fund part of the Taxi's costs (gas, maintenance)
- In exchange, the new owners of the share can earn a % of what the taxi will generate in revenues
And this can work with so many different things that there isn't even a point in trying to list them all
You can find an interesting list of ideas at the post below ↓
A RoboFarm is already live, can't wait to see a vertical farm and autonomous vehicles kick off as well