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- š« Tokenization in the Desert: Dubaiās $10B Desert Pearl
š« Tokenization in the Desert: Dubaiās $10B Desert Pearl
šŗšø Happy Labor Day!
Presented By:
Goooood Morning, Rainmakers! āļø
Because itās Labor Day Iāll keep this weekās newsletter short and sweet for ya. Letās chat about:
š« Tokenization in the Desert: Dubaiās $10B Desert Pearl
Without further ado, it's time toā¦
Get Liquid š§
A MESSAGE FROM TOKENIZETHIS
Have you registered for TokenizeThis yet? If not, what are you waiting for? TokenizeThis is STMās inaugural 3-day conference starting on our birthday, October 11th! The agenda is being carefully curated to include the most sought-after topics and those best positioned to speak on them.
Whoās speaking?
Keep an eye out on LinkedIn and Twitter for speaker cards announcing the panelists and keynotes like the one above! We want as many of you to be able to make it so weāve decided to make TokenizeThis fully virtual (no travel needed) and FREE to attend.
š« Tokenization in the Desert: Dubaiās $10B Desert Pearl
If youāve been following STM for a while now, youāll remember us preaching the fact that you can tokenize just about anythingā¦ well hereās another exciting example!
Among many things, Dubai is very well known for its amazing architecture and luxury such as as the Burj Khalifa. This past week, at the Burj Khalifa, DDX Global and Zhuzh Designs announced a new resort: The Desert Pearl. The best part: It will be tokenized!
This futuristic development will have hotel rooms, apartments, entertainment, and retail shopping all in the middle of the desert. Want a piece of this? According to their website, DDX is offering 3 types of tokens (each with different rights and benefits):
Land Tokens
Hotel Tokens
Apartment Tokens
Some points from their deck include:
In the short term it will behave like a crypto project, so may be more speculative. This is good for traders.
In the long term, the price should align to real-world pricing as established by 3rd party commercial agents. This is good for investors seeking growth with wealth protection.
This is a development project with an asset-backed token - development takes time (5 years is likely).
Long-term growth expectations should be ārealisticā (300% to 500%).
This isnāt the first time weāve seen hotels get tokenized by the way! Past examples include the St. Regis Aspen and their token buybacks, the Candela Villas in Mexico, and Ryokan Hotel in Japan to name a few!
STM will keep and eye out for further developments, news about the actual investment process, and of course track all $10B of it on STM.Co when it starts trading!
Remember this is not financial advice! Do your own research before making any investment decisions.
š¦ What else is Drippinā
Fireside Chat: Tokenized Stocks, Bonds, and ETFs
The STA Success Network will be hosting a fireside chat with Backed Finance this Wednesday, September 6th at 11am EST.
Our upcoming fireside chat with BackedFi will cover tokenized stocks, bonds, and ETFs. Come learn how this company is tokenizing securities backed by US public stocks and treasuries.
Why tokenize them? Who gets access? Find out on the STA Success Network!
If youāre interested in access to webinars like these, consider subscribing to the STA Insights plan for ONLY $9/month which also includes their email newsletter twice a week detailing whatās going on in the ecosystem, STAās commentary on it, and any insights derived from our advisory and research arm.
State of Security Tokens 2023 - Q1 Extended Report
The Security Token Advisors State of Security Tokens 2023 - Q1 Extended report is brought to you by the Provenance Blockchain Foundation!
Our Head of Research and Institutional, Peter Gaffney, dives deep with updates from across the industry, from issuers to platforms to protocols. This piece will detail the macro trends taking shape within the tokenization space as a function of service providers like transfer agents, broker-dealers, alternative trading systems, custodians, and third-parties, as well as issuers, blockchain foundations, asset managers, investment banks, and activity that Security Token Advisors sees on its advisory side
Take a read for analysis on common themes emerging for both primary and secondary markets!
This is not financial or investment advice.
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If interested, please reach out to [email protected] to find out a way we can work together :)
Everything in this newsletter is for informational and entertainment purposes only. Nothing in this report should be taken as financial advice or as an inducement to purchase or sell any security. Nothing in this newsletter should be used as legal advice. Always do your own research before making any decisions regarding financial transactions of securities.