In the future, I think every asset will be coded.
This means that stocks, bonds, title deeds, music rights – everything of value – will be secured by their ownership rights by the blockchain.
This is because in the future, decentralized technology will evolve into the third generation of the Internet, called Web 3.0.
This version of the Internet will combine the power of blockchain applications (such as bitcoin, Ethereum and many more) … artificial intelligence … and cutting-edge computer technology.
And with Web 3.0, we’ll send more than just data to other people…we’ll send assets, too. All with a click of the mouse and without The need for a third party to manage the transaction.
We will be able to do things like lend or borrow money, transfer real estate, even auction off parts of the value of famous paintings… and that will affect nearly all of the $844 trillion in assets around the world.
To be clear… these transactions will remain secured, verified and tracked.
But instead of going through a bank or lender, nearly every transaction flowing on Web 3.0 will pass through a tamper-proof blockchain application…
Like a “Digital Collection Kiosk”, these apps will charge a fee every time a token is exchanged… and the owners of these fee kiosks – regular investors like you and me – will collect the profits.
Let me explain…
Tollbooth for web 3.0
Even if you are new to cryptocurrency, hearing “Ethereum” is like hearing Walmart or Home Depot. Together with bitcoin, it is the “boring” blue chip of the crypto world.
The sexy altcoin I recommended at $9 was no longer in 2016.
But as the digital collection kiosk in the midst of Web 3.0, it’s poised for it At least 10 times the growth From the current prices with its development over the coming years.
Ethereum is the most widely used blockchain development platform in the world… and hosts more than 37,000 decentralized applications (called “dApps”) – the most of any blockchain.
This represents a tenfold increase in the number of orders since early 2020.
Furthermore, nearly 4,000 active developers are working on the Ethereum network… that’s a 74% jump in two years.
But Ethereum is not just an ecosystem of dApps. It is also at the heart of decentralized finance (DeFi).
As you know firsthand, finance companies are the ultimate intermediaries.
They borrow money cheaply from one party and lend it to another at a great profit. They buy shares from one group of investors, and then immediately sell them to another group.
All the while, they hunt the broker spread (the difference between the buy and sell prices).
According to analyst estimates, the financial sector extracts more than $9.28 trillion annually from the global economy … and this is more than the utilities, communications services and real estate sectors combined.
But DeFi will turn this model on its head and replace one high-cost medium with a low-cost one.
Take the real estate sector, for example…
A typical real estate transaction involves agents, brokers, attorneys, and insurance companies. But Ethereum has the potential to replace each of these brokers with “smart contracts.”
The smart contract will automatically execute the transaction if all conditions of the sale are met – at a fraction of the cost of a traditional real estate transaction.
And if the smart contract is implemented on Ethereum, both parties will pay a small token fee in its native token, ether…
Source: CB Insights
Ultimately, Ethereum will make banking, borrowing, lending and investing cheaper and more accessible to billions of people.
And its implementation in Web 3.0 will eventually transform us from a “centralized middleman” economy to a “decentralized service” economy.
So simply by holding the cryptocurrency, the average investor can collect some of the fees paid in these transactions…
Gateway to $844 trillion in tokenized assets
Based on my research, it is clear that Ethereum will eventually be the most important global trading network in the world.
It’ll be at the heart of nearly every Web 3.0 transaction… and we’re already seeing it used for tokenization in the collectibles space.
Let’s say a seller owns a $100,000 painting…
Using a coding platform, today an owner can split the board into 10,000 parts… with each part consisting of a $10 crypto token.
If the painting subsequently sells for $1 million at auction, each token will be worth $100.
By coding the board, the seller can create a record of ownership… and many people can buy a stake in the board.
So thanks to tokens and Ethereum, the average investor can now profit from a market that was previously limited to the super-rich.
Now, if you think art coding sounds familiar, it’s because… The key to coding these assets is NFT (non-fungible tokens) technology.
But before you close your eyes and write off NFTs as heresy, understand that there is more to CryptoPunks or Bored Apes.
Using NFT technology to secure copyright in digital art was only the first use case – similar to how the first pervasive use case of the Internet was email.
And just as we use the Internet for more than just sending emails today…the same will be true for NFT technology in the future.
This is because you can tokenize and trade almost any asset class on Ethereum using NFT technology and smart contracts.
As you can see in the chart below, we estimate the total value of all global assets to be around $844 trillion.
In time, I expect Ethereum to swallow up these assets. We will see the price of ether rise with it.
If only 1% of the world’s assets were converted to tokens on the Ethereum blockchain, it would generate approximately $22.8 billion in network fees annually.
Putting that from the perspective of a similar high-growth tech company like Amazon or T-Mobile, that puts Ethereum at roughly $20,505 per token.
This is an increase of 1,211% – more than 10x – over today’s price…
Web 3.0 is not a fad
If you want to know more about Ethereum and its connection to Web 3.0, I presented the whole issue in the November issue of Palm Beach Message service… Paid subscribers can read it here.
And if you’re not a paid subscriber, you can click here to learn more about becoming one today.
If you join me, you’ll not only get instant access to the November issue, but you’ll also get my own report, Trophy Millionaires: How to Buy and Sell the World’s Most Valuable Trophy Assets for Huge Profits.
It’s a strategy I’ve used to outperform all of my traditional investments combined over the past two years…and one you can start using today with a small investment of $50.
Click here to find out more.
Friends, I understand that cryptocurrencies are in a bear market. It’s probably the most hated asset class in the world right now. But this is the best time to buy world-class assets like Ethereum – when it’s so cheap… and yet it’s poised for amazing growth.
Just imagine a world where just about everything is publicly traded… every home… every car… every piece of art… every restaurant… every bestselling novel.
Now imagine a world in which you can participate directly Which of these things?.
These are Ethereum’s future offerings.
When we finally move to Web 3.0, investors who put themselves in Ethereum will now reap the biggest rewards.
So please consider buying some Ethereum today… and remember, in crypto, you don’t need much to earn much. So don’t bet the farm for any idea.
Let the game come to you!