How is Tokenization different from typical Crowdfunding and Crypto Utility Tokens?

How is Tokenization different from typical Crowdfunding and Crypto Utility Tokens?

Crowdfunding has gained popularity as a method for entrepreneurs and individuals to raise capital for their projects or ventures. This innovative approach involves collecting small contributions from a large number of individuals, typically through online platforms. By harnessing the power of the crowd, crowdfunding has introduced new and efficient ways for people to access funding and support for their ideas.

Tokenization of Assets

One notable development in this landscape is the tokenization of assets. Tokenization is the process of converting the rights to an asset into a digital token stored on a blockchain. These tokens can represent ownership shares, investment stakes, or specific rights related to the asset. Typically created through methods such as Initial Coin Offerings (ICOs), Security Token Offerings (STOs), or Investment Tokens, tokenization allows for fractional ownership, increased liquidity, and the ability to trade these digital tokens on various platforms.

In contrast to traditional crowdfunding, where funds are raised without providing ownership rights, tokenization involves digitizing assets and offering ownership stakes or rights through blockchain-based tokens. This distinction is crucial in understanding the evolving landscape of fundraising and investment.

Are Crypto Utility Tokens and Security Tokens the same?

It's essential to recognize that Crypto Utility Tokens and Security Tokens, although built on blockchain technology, are distinct and serve different purposes. It is essential to understand the difference between the two, as both entail financial investment.

Security Tokens

  • Purpose: Security tokens represent a category of financial instruments signifying ownership in an asset- in Al-Mabrook's case, Real World Assets, such as company shares or real estate shares. Their value is derived from an external, tradable asset.
  • Regulation: Issuers are required to adhere to legal prerequisites, including registration with relevant authorities, ensuring transparency and investor protection for security tokens.
  • Rights: Holders of security tokens possess legal entitlements such as ownership, profit-sharing (dividends), or voting rights in the underlying asset or company.
  • Shariah Compliance: Al-Mabrook has obtained Shariah compliance certification for security tokens. However, the Shariah board only permits the issuance of Real World Asset-backed securities or security tokens. Therefore, the Shariah ruling for Crypto Tokens is still under debate.

Crypto Tokens

  • Purpose: Crypto tokens, also known as utility tokens, are typically crafted to grant users access to a specific platform, service, or application. They are not intended to symbolize ownership in an external asset; instead, they function as a type of cryptocurrency within a particular ecosystem.
  • Regulation: Utility tokens might be subject to securities regulations in specific jurisdictions if they display traditional securities characteristics, even if not officially classified as securities.
  • Rights: Crypto tokens commonly offer specific access or privileges within a blockchain ecosystem, such as participation in a decentralized application or utilization of a platform.

Before investing in a utility token, thorough evaluation of its purpose and Shariah compliance is crucial. Regulatory ambiguity and potential value volatility pose challenges, making it essential to assess the token's utility for individual needs.

Advantages of issuing Security or Investment Tokens

Advantages of issuing Security or Investment Tokens to Retail Investors include increased liquidity, fractional ownership, and enhanced transparency, making security tokens an attractive option for traditional investors. Moreover, tokenization has democratized access to investment opportunities, allowing individuals from diverse backgrounds to participate in ventures and providing a more diverse capital pool for small businesses.

Advancements in Equity Crowdfunding

The recent data from the State of Security Tokens report highlights the explosive growth of global equity crowdfunding, soaring from $8.61 billion in 2020 to a staggering $113.52 billion last year, an impressive 1,021% increase. Token City, a key player in this space, facilitates Security Token Offerings (STOs), essentially tokenized equity crowdfunding rounds that outshine traditional methods in various aspects.

A recent analysis by Boston Consulting Group and the World Economic Forum suggests that the tokenization of global illiquid assets is estimated to be a $16 trillion business opportunity by 2030, and Citi is forecasting there will be $4 to $5 trillion of tokenized digital securities by 2030.?

How Shariah Compliant Small-Medium Businesses or Enterprise (SME) can benefit from Tokenization

Equity crowdfunding, as a method of raising capital, offers small equity stakes to a large number of investors through online platforms. It broadens the investor pool, lowers entry barriers, and enables companies to raise capital with less restrictive requirements. Mabrook, a Shariah-compliant tokenization platform, has structured a Musharakah model to offer working capital, equity capital, and service financing, providing affordable capital for SMEs to expand.

Tokenization of Debt

Additionally, tokenization extends to debt-based assets, such as Sukuk or bonds, through the process of debt tokenization. Debt tokenization is basically the process of converting debt-based assets like Sukuk or bonds, financing, and other debt instruments into digital tokens on a blockchain. Mabrook offers structured products like Murabhah, Ijarah, and Diminishing Musharakah to help Sharia-compliant businesses raise funds for Capital expense, Inventory or invoice financing, and Lease.

How Tokenization offers efficiency in raising and maintaining funds

Tokenization increases liquidity, allows for fractional ownership, and automates equity crowdfunding processes, lowering costs and complexity. This advancement makes equity crowdfunding more accessible and transparent for both businesses and investors. With regulatory compliance, tokenization expands the reach of investment opportunities for investors worldwide.

Pioneering Islamic Tokenization with Mabrook

As we examine how tokenized crowdfunding is revolutionizing conventional investment models, the field becomes more inclusive of different financial ideologies. An additional unique ethical component to this innovation is provided by Mabrook, a Sharia-compliant tokenization platform. Mabrook's adherence to Islamic finance principles establishes a smooth link between advanced fundraising techniques and moral financial activity.?

Platforms like Mabrook contribute to creating a future where moral conduct and technological advancement can coexist harmoniously in the face of evolving economic circumstances.

Mabrook looks forward to joining hands with the global community, sharing its platform to foster growth in a safe and sustainable environment.

For more information, visit our website https://almabrook.io/

Drop us email at [email protected]?

Whatsapp us: +1 437-553-7017/ https://bit.ly/45GpPd8

Feel free to ask any questions in the comments section. We will be happy to answer and help you in any way we can.?

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References

https://cointelegraph.com/news/tokenization-of-illiquid-assets-to-reach-16t-by-2030-report

https://web-assets.bcg.com/1e/a2/5b5f2b7e42dfad2cb3113a291222/on-chain-asset-tokenization.pdf

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