DeFi is an open and global financial system built for the internet age – an alternative to a system that's opaque, tightly controlled, and held together by decades-old infrastructure and processes.
It gives you control and visibility over your money. It gives you exposure to global markets and alternatives to your local currency or banking options.
DeFi products open up financial services to anyone with an internet connection and they're largely owned and maintained by their users.
So far tens of billions of dollars worth of crypto has flowed through DeFi applications and it's growing every day.
Thorben
Executive Director CRAYS
When real estate is tokenized, it is fragmented using secured blockchain technology and then is mapped in the form of crypto securities.
The digitization of securities, with an "Initial Exchange Offering" has the potential to permanently change the real estate industry.
This new and innovative financing mehtod helps issuers automate intermediate steps. This increases the liquidity of real estate, allowing new groups of investors to access the market.
An initial DEX offering, or IDO, is a new and exciting type of decentralized platform, which is opening up a new way of fundraising.
If a project is launching an IDO, it means the project is launching a coin or token via a decentralized liquidity exchange.
Use of Asset-Backed NFTs by Crays guest Comunity. As we all know NFTs are already having a significant impact on the blockchain industry.
These digital assets are anticipated to integrate with other blockchain applications to build an entirely new financial infrastructure with significant means and uniting possibilities in the financial sector, which Crays will work on.
With DAOs we don’t need to trust anyone else in the group, just the DAO’s code, which is 100% transparent and verifiable by anyone.
As with a traditional securities offering, you must first decide on legal terms and conditions before starting the real estate tokenization processes. Specialized law firms from Crays partner network support in the legal drafting of the contracts.
The legal contracts are digitally represented by so-called smart contracts. These generate tokens that represent shares in the tokenized property. They automatically execute actions based on the underlying legal contract.
Since tokens are globally transferable around the clock via Crays IEO partner exchanges, liquidity is further increased. The invested capital is no longer tied up for long periods of time, new investors can participate in the market.