RE: Tokenized Debt For El Salvador Hotel: It Is Beginning
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This is very exciting news. I actually like that a big centralized entity partnered with an established company [Hilton hotel] is the one experimenting with this. We want this to succeed as a proof of concept. Since it is done by known companies, there is sure to be a lot of supporters, and the chance of success is high. This can inspire others to do something similar.
If this was done by some shady company, there were a lot of risks involved, and it could easily fail. I've seen a lot of condos started by unknown builders fail, and it burned a lot of people off investing in those types of assets.
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They want their piece of the pie. It is the phase we are in. The next few years, in my opinion, will be the hybrid period.