Token CFG holders can vote on proposals for the development of the Centrifuge protocol. When these features are combined, create a decentralized financial system that enables businesses to access capital more easily by tokenizing their real-world assets.
Here are some examples of how Centrifuge's features can be used:
- A business can tokenize its assets into NFTs and then collateralize these NFTs to borrow funds from DeFi investors.
- A real estate investor can tokenize their apartment building into NFTs and use these NFTs to secure loans from DeFi investors.
Personally, I see Centrifuge as having the potential to liberate real-world assets from traditional financial systems and create a more decentralized, equitable, and efficient financial system. Show Less