🖼 Will we finally see the real Mona Lisa painting tokenized one day? It’s a dream (we know) but what’s already happening is still pretty exciting. We recently saw that Hong Kong is emerging as a leader in the art tokenization space 🇭🇰🪙

RWAs have been key to the city's booming art trade, worth over $13.4 billion in 2023! But have you ever been keen to learn how art tokenization works? Let's break it down ⌛

1️⃣ An artwork is 'minted' into a fungible or non-fungible token on a blockchain (after it is verified, valued, and labelled with smart contracts).

2️⃣ You can then trade or own the token on a dedicated marketplace fractionally or outright.

3️⃣ With fractional ownership, it opens the market to a diverse range of investors globally who can keep the token as an investment or use it as collateral on a DeFi platform.

4️⃣ Thanks to smart contracts, the original owners or artists can benefit from royalties through secondary sales.

At Patex, we’re harnessing the transformative power of blockchain to bring these possibilities to life in Latin America. By tokenizing art and other RWAs, we’re opening new doors for creators and investors ✍️💵

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