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How SLP Dividends Can Tokenize Anything, Including the Stock Market

news.bitcoin.com

Anyone can have fun making their own SLP for just a few cents in BCH, and through the new dividends tool, issue payments to holders of these tokens at any time, in whatever amount they would like. Once a new SLP token is minted, it can be held, used for special offers and unique functions, or as stated, issued to shareholders for the payment of dividends.

A video tutorial posted by Bitcoin.com Executive Chairman Roger Ver is also available, and goes into some potentially revolutionary uses for SLP dividends like making the traditional stock market accessible even to residents of third world countries. Further, if such SLP tokenized stock is sold at a premium due to the convenient service being provided, issuers might be incentivized to buy even more tokens — whatever crypto or token they are using — and then issue even more tokenized stock.

Read in Full: news.bitcoin.com
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