Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Zug, Switzerland, 4th July, 2022, Chainwire
While the adoption of cryptocurrencies continues to grow, as evidenced by last year's bull market, there is still an abundant need to integrate real-world assets onto the blockchain.
Bitsliced's purpose is to fill this gap by bridging blockchain technology with the physical world. Through Bitsliced's app and set of smart contracts, Bitsliced will make it intuitive and easy to tokenize and fractionalize assets from different markets such as collectibles, real estate, traditional art, and several other use cases.
Bitsliced's flagship product, Sliced, is a SocialFi app and marketplace where users can mint and trade different NFTs (non-fungible tokens) and tokens that represent real-world assets.
Through the Sliced app, anyone can create a digital representation of an owned asset, be it an art piece, propriety, vehicle, piece of clothing, etc. In doing so, Bitsliced contributes to the creation of a parallel digital market that eases the trading of items across borders and unlocks additional value through novel revenue streams.
Leveraging blockchain technology, the Sliced app guarantees an extra layer of security and transparency through all trades. Further down the line, it will be possible to fractionalize and divide ownership of assets through different users (verifiable co-ownership).
The app will be available on all mobile devices, including the iOS and Android operating systems, and desktop users can also access it through the web browser version.
To increase retention and user engagement, the Sliced app will be gamified. Badges and a leaderboard system will be included in the app’s architecture,
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