OnPlace is a FinTech platform that is creating a decentralised Over-the-Counter Investment Industry. OnPlace aims to make the VC world more efficient by using Blockchain technology to dispose of unnecessary complexity, allowing to elicit maximum potential of investments. The concept of the Private Assets Tokenization System (PATS) protocol lies in tokenising over-the-counter (OTC) assets for customers to invest into, and creating liquidity for the OTC environment.
How it works
What happens when we tokenizing private assets
Tokenization of the process of investing into shares of private companies has a number of serious advantages in comparison to the approaches existing in the market today:
- The threshold for investors is essentially cut from tens of thousands of dollars to a dollar available to any beginning investor.
- Transaction expenses are lowered by 50 times.
- The usage of digital tokens allows one to overcome difficulties of inputs and withdrawals from deals, ensuring high liquidity which has only been available through the usage of tools located on exchanges.
- PATS protocol token will provide maximum information in regards to an asset that is at its basis, which expands the opportunities of investment analysis.
- For this reason, the realization of such a wide range of tokenization advantages will lead to the expansion of all parties involved in the transaction in an incredible way (from the “closed” circle of qualified investors to the broad community of the crypto-industry).