Aenco X-files: What is Personalised Tokenization?

Hi Aenco Community,

Welcome back to our X-files!

Have you thought of tokenizing yourself on blockchain? Do you know how is that possible? In this episode, we will take a look on the fun facts on personalized tokenization.

Human IPO

As we all know, there are often times private companies launching their initial public offerings (IPOs), to offer their shares to the public during a new stock issuance. It is a common way for corporations to raise capital from investors. Here comes an intriguing idea to raise capital for a human through tokenization, and sharing the rights of the public investors to utilize the time or service of the tokenized human.

Speaking of one of its first initiations, Spankchain founder Ameen Soleimani launched a token offering people the rights to redeem for his Twitter retweets. While it might be a fun concept, at the same time providing a self-explanatory utility, it is reiterated that this should not be regarded as an investment

Support Aspiring Individuals

After having prolific individuals initiating personal tokenization, some youngsters started similar projects on their own. One of the most famous examples is $ALEX launched by Alex Masmej, a youngster who wanted to experiment with the idea back in 2020. By tokenizing himself, he raised $20,000 on Ethereum.

Quoting from Alex Masmej,

“The reason why I chose crypto is that it has a very low barrier to entry, unlike AI or 3D printing startups. I tokenized myself and asked people to vote for my habits to get some attention as I wanted to do something in a light, funny, and innovative way to raise funds. It’s a great way to know your audience, engage them and trigger the discussion. I know this can’t become a $1 billion company, but it was a fun experience, and my token went up.”

By investing in $ALEX, the public investors are granted with rights to decide some of his life decisions. But after all, many investors stated that their main purpose in participating in the IPO, would be supporting the youngster in an innovative way, and they are not treating this as a serious investment choice.

Closing Thoughts
Blockchain and Tokenization allow us to cultivate our imaginations and many seemingly impossible ideas can happen in the crypto-sphere! What do you think about personal tokenization? Would you invest in any of these kinds of projects? Let us know your thoughts in the comments below! You are also much welcomed to explore more on our AEN Exchange platform: https://aenxchange.com/. Multiple recurring promotions are available for your trading with us. Join to maximize your benefits (and joy)!

References:
https://www.forbes.com/sites/colinharper/2020/05/06/people-are-tokenizing-themselves-on-ethereum-why-personal-tokens-raise-red-flags/?sh=517ec3246680

https://www.coindesk.com/man-who-sells-himself-now-wants-buyers-to-control-his-life

Find Aenco:

✔𝘛𝘦𝘭𝘦𝘨𝘳𝘢𝘮:
English: t.me/Aenco

Chinese: t.me/AencoCN

Korean: t.me/AencoKorea

Vietnamese: t.me/AencoVietnam

✔𝘔𝘦𝘥𝘪𝘶𝘮: 𝘮𝘦𝘥𝘪𝘶𝘮.𝘤𝘰𝘮/@𝘢𝘦𝘯𝘤𝘰𝘪𝘯/

✔ 𝘐𝘯𝘴𝘵𝘢𝘨𝘳𝘢𝘮: 𝘪𝘯𝘴𝘵𝘢𝘨𝘳𝘢𝘮.𝘤𝘰𝘮/𝘢𝘦𝘯𝘤𝘰𝘪𝘯/

✔𝘓𝘪𝘯𝘬𝘦𝘥𝘐𝘯: 𝘭𝘪𝘯𝘬𝘦𝘥𝘪𝘯.𝘤𝘰𝘮/𝘤𝘰𝘮𝘱𝘢𝘯𝘺/𝘈𝘦𝘯𝘤𝘰

✔𝘛𝘸𝘪𝘵𝘵𝘦𝘳: 𝘵𝘸𝘪𝘵𝘵𝘦𝘳.𝘤𝘰𝘮/𝘈𝘦𝘯𝘤𝘰𝘪𝘯

✔𝘍𝘢𝘤𝘦𝘣𝘰𝘰𝘬: 𝘧𝘢𝘤𝘦𝘣𝘰𝘰𝘬.𝘤𝘰𝘮/𝘈𝘦𝘯𝘤𝘰𝘪𝘯

✔𝘋𝘪𝘴𝘤𝘰𝘳𝘥: 𝘥𝘪𝘴𝘤𝘰𝘳𝘥.𝘨𝘨/𝘕𝘟𝘱𝘍𝘤𝘒𝘘

✔𝘠𝘰𝘶𝘛𝘶𝘣𝘦: 𝘠𝘰𝘶𝘛𝘶𝘣𝘦.𝘈𝘦𝘯𝘤𝘰𝘪𝘯.𝘤𝘰𝘮

✔𝘝𝘪𝘣𝘦𝘳: 𝘈𝘦𝘯𝘤𝘰 𝘝𝘪𝘦𝘵𝘯𝘢𝘮

✔𝘡𝘢𝘭𝘰: 𝘻𝘢𝘭𝘰.𝘮𝘦/𝘨/𝘷𝘷𝘨𝘭𝘮𝘫886

All Rights Reserved. 2021. Aenco Limited consists of a team with strong corporate management experience from global investment banks and financial institutions, as well as blockchain technologists and enthusiasts. Aenco believes that an end-to-end solution platform is essential to fully support fintech innovation. Aenco focuses on real life challenges of digital financing for both fintech projects and the investing community. This is the Aenco Ecosystem.

Aenco Blockchain Supports Customisable Business Applications, Financial Transactions, and Healthcare Technology Innovation