Tokens, as defined by the Oxford English Dictionary, serve as tangible representations of facts, events, feelings, or objects. In the digital world, these tokens take the form of strings of bits, or data containers that might occasionally come with embedded instructions for computer-based representation.
Then we have tokenization. It is the process of leveraging tokens to encapsulate and, in some cases, amplify property or contractual rights. The nature of digital media also empowers tokens to either break apart these rights or craft entirely new ones from scratch.
What are its core functions?
- Firstly representation or the ability of tokens to reflect the inherent transactional attributes of existing properties or contracts.
- Then we have creation or forging rights initiated and residing exclusively in digital environments.
- Finally, deconstruction which is often referred as fractionalization, allowing the partitioning of asset rights and enabling several stakeholders to partake in and spread ownership risks.
Meet ARES, a polymorphic token engineered as the definitive solution for asset representation, creation, and deconstruction. With its polymorphic nature, each ARES token remains distinct yet adaptable. This versatility allows them to capture both absolute and relative rights, combine varied asset classes into a single token, and retain interchangeability even when representing diverse underlying assets.
ARES is poised to establish a revolutionary, lasting standard. Interested? Visit our site be.fluid to stay informed.