Bitsliced, the revolution behind asset tokenization


As cryptocurrency adoption continues to grow, as evidenced by last year’s bull market, there is still an abundant need to integrate real-world assets into blockchain. Bitsliced ​​aims to fill this gap by connecting blockchain technology to the physical world.

Through its application and its set of smart contracts, Bitsliced ​​will make it intuitive and easy to tokenize and split assets from different markets such as collectibles, real estate, traditional art and several other cases of use.

Introducing the Sliced ​​app

Bitsliced’s flagship product, Sliced, is a SocialFi app and marketplace where users can create and trade different NFTs (non-fungible tokens) and tokens that represent real-world assets.

Using the Sliced ​​app, anyone can create a digital representation of an owned asset, be it a work of art, property, vehicle, clothing , etc. By doing so, Bitsliced ​​is helping to create a parallel digital marketplace that makes it easier to trade items across borders and unlock additional value through new revenue streams.

Leveraging blockchain technology, the Sliced ​​app ensures an extra layer of security and transparency across all trades. Later, it will be possible to split and distribute the ownership of assets among different users (verifiable co-ownership).

The app will be available on all mobile devices including iOS and Android operating systems and desktop users will also be able to access it through the web browser version.

Unique characteristics

To increase user retention and engagement, the Sliced ​​app will be gamified. Badges and a ranking system will be included in the application architecture, incentivizing users to continue using Bitsliced’s services.

The Slice app will also include social media elements. Bitsliced ​​will leverage an innovative approach to socializing through Bitsliced’s NFT channels. Acting as a personal digital space, NFT Channels will allow users to socialize in a unique way while showcasing their wallets and NFTs in a kind of “digital gallery”.

NFT Channels will be a place where the Bitsliced ​​community can hang out, connect and discuss their favorite topics, whether in real estate, collectibles, fashion and any other industry disrupted by sliced ​​NFTs.

Bitsliced ​​expects to build a vibrant and active community of investors, collectors, and NFT enthusiasts through high-profile channels.

Another component of the Bitsliced ​​SocialFi app is staking and yield farming. Several passive income opportunities will be available to SLICED token holders.

By staking and helping to keep the network running, users can be rewarded with an Estimated Annual Yield Percentage (APY) of 15%. Alternatively, SLICED token holders can also earn an expected 25% APY by providing liquidity to the Bitsliced ​​protocol and marketplace.

The SLICED token will be the cornerstone of the application, powering all exchanges in the market. Every trade in the market is immediately rewarded with 1% cash back, with real estate purchases potentially having up to 8% cash back depending on the broker.

The Bitsliced ​​debit card will also be introduced, providing users with a convenient way to spend their crypto funds and cashback earnings on purchases or converting them to fiat.

Sliced ​​NFTs – legal background

Thanks to Bitsliced’s exclusive Sliced ​​NFT system, we will be able to issue universal digital certificates with a trust seal. All certificates are unique NFTs that represent ownership of a specific asset.

Sliced, alongside its network of partners and brokers, will be responsible for ensuring that all necessary legal due diligence is carried out upstream. The proprietary Bitsliced ​​code will then verify data integrity, and only then will the NFT certificate be created.

About Bitsliced

Bitsliced ​​is a blockchain-based protocol aimed at the tokenization of real-world assets. Its platform allows anyone to mint, collect, and trade physical items on the blockchain.

The Bitslice ecosystem, consisting of a SocialFi app and an NFT marketplace, offers an innovative business model through which a parallel digital economy is born. Anything related to real estate, collectibles, fashion clothes, and several other physical items can be traded efficiently across the world.

The Bitslice app also features social and gaming elements, allowing the community to socialize, compete and display their NFTs in “digital galleries”, as well as the ability to stake and win SLICE, the native token that powers the Bitsliced ​​ecosystem.

Learn more about Bitsliced ​​and join the Bitsliced ​​community: Official site | Twitter | Telegram | instagram

Disclaimer

All information contained on our website is published in good faith and for general information purposes only. Any action the reader takes on the information found on our website is strictly at their own risk.

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