Asset-based cryptocurrencies are backed by physical assets like gold, diamond or real estate. Well, what that means actually? In simple language, when you own any asset-backed cryptocurrencies, you own a share of the asset on which it is based. In crypto world, this type of currencies also known as smart coins or stable coins, as their value does not fluctuate much as typical cryptocurrencies.
The real estate is the largest asset class in the world. So tokenization of these assets can open many doors for small investors and many developers are stepping in here. For example, i-house.com global real estate blockchain cloud platform ensures the high security and low-risk investment for its users by the real-estate baked digital currency IHT. i-House is world’s first ATO project, creating and increasing operational efficiency of the global real estate market. This should create more value for the whole industry including all of IHT hodlers.
Final words: IMO, cryptocurrency investment is still in high-risk era while asset baked digital currencies lower the risk and my BP too. As I don't need to be tensed 24x7, I feel free to invest in it and let the developer teams do other things for me.
Some useful links for IHT: Website: https://ihtcoin.com Medium: https://medium.com/@ihtcoin Telegram: https://t.me/IHTcoin