LIQUID8 IS A BETTER WAY TO EVALUATE YOUR ASSETS
Human operations have been continually limited by the actions of financial institutions who adopt a centralized approach to quantify real life assets. Usually, financial institutions can claim that the value of a person’s asset is way lesser than it actually should be, making people unable to maximize the full potential of their assets.
At the moment, If a person needs to obtain a loan from a bank, the traditional banking industry adopts a strategy whereby people are forced to put up a certain asset as a collateral even when the asset is worth more than the financial request.
Issue like these have plagued the financial sector, making people unable to benefit from the minutest opportunities which their assets should avail them.
What Is Wrong With The Status Quo?
At the moment, there are numerous disadvantages that make the traditional strategies inefficient, some of them include
The lack of liquidity. Majority of the assets we have in the real world cannot be easily liquidated. One of the issue that is holding the industry back is the high transaction cost which is required to liquidate the millions of real estate properties and other assets all over the world.
Another challenge is the ability for people with smaller amounts to be a part of the investment opportunities. At the moment, the minimum allowable amount which is accepted as down payments is roughly hovering around 20%.The need for such high capital has stood in the way of people, making them unable to cash in on these opportunities.
What Does The Industry Need?
Looking at the existing issues, there is a need for modules that will be easily affordable, cheap, and with simplistic transaction processes. The system also needs to adopt a strategy that will create adequate storage spaces for some other assets like precious gems and jewelries.
A Solution In View
Looking atthe dilapidated industry, a new blockchain project is taking a leap towards helping asset owners benefit massively from their assets.
The project. Liquid8, will be adopting a tokenized strategy towards digitalizing the real world assets. Liquid8 will also combine a unique off chain and on chain protocol as a modus to proof the existence of most assets.
According to the team, Liquid8’s digital platform will birth a brilliant ecosystem which will leverage on real world utilities. It will capitalize on the uniqueness of the ethereal blockchain technology to make life easier for members of the cryptocurrency community.
Why Liquid8 Stands Out
Liquid8 remains a one in a million project which will simplify the ownership and transferability of real world assets with digital footprints which will be validated by smart contract modules.
The platform which will help people tokenize their assets will adopt the LQ8 token as a means for value exchange on the platform.
The ICO for the LQ8 token is ongoing. It gives you a chance to join the team as a major stakeholder. TO get on board this amazing project, please click on any of the links below:
Decentralized P2P Multi-Functional PlatformPrivate Sales Starts: 27th June
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