What types of assets can be tokenized on Immutable X?
Immutable X is a layer-2 scaling solution for Ethereum that enables users to tokenize any asset.
It is designed to be a platform for creating, trading, and managing digital assets. The types of assets that can be tokenized on Immutable X include: 1. Non-Fungible Tokens (NFTs): These are unique digital assets that represent ownership of real-world or virtual items such as art, collectibles, gaming items, and more.
2. Security Tokens: These are digital tokens that represent ownership in a company or asset and provide holders with certain rights such as voting rights or dividends. 3.
Utility Tokens: These are digital tokens that can be used to access certain services or products within a platform or network. 4. Stablecoins: These are digital tokens that are pegged to the value of an underlying asset such as fiat currency or gold.
They provide users with a way to store value without the volatility associated with other cryptocurrencies. 5. Commodity Tokens: These are digital tokens that represent ownership of physical commodities such as gold, silver, oil, etc.
, and allow users to trade these commodities without having to physically own them.
![SafeMoon [OLD]](/images/coins/174x174-white.png)
