Exotic Markets is the first marketplace for tokenized exotic assets and the first ecosystem of decentralized finance solutions on Solana (SOL) blockchain. The Exotic Markets ecosystem includes a platform for managing digital assets, an exchange for trading tokens, and a marketplace for finding investors or buyers for unique or unusual assets. We believe that all these benefits will let Exotic Markets to become the most advanced system of tokenized exotic assets that anyone can use to invest in and trade any asset that cannot be tokenized with standard means. This article will explain why we designed Dual Currency Note as new kind of exotic asset, how it differs from other tokens, and why it’s beneficial to Exotic Markets users.
What is a DCN?
DCN stands for Dual Currency Note. It is a new kind of token that is designed for Exotic Markets as a hybrid security. DCN is a digital representation of a traditional financial instrument that is backed by assets with real value, such as real estate, fine art, or other exotic assets. The value of DCN tokens may be tied to the price of the underlying assets. If a DCN token is tied to an asset with a volatile price, it may provide higher value or lower value over time, depending on the asset’s price. DCNs can be traded on Exotic Markets or on any other decentralized exchange (DEX).
Why do we need DCNs?
DCNs are designed to protect Exotic Markets and its users. They are hybrid securities that combine the advantages of a traditional financial instrument with the advantages of blockchain-based technology. The hybrid nature of a DCN allows it to benefit from the transparency and liquidity of distributed ledgers on the one hand, and from the legal and regulatory framework for traditional instruments on the other. This unique feature allows Exotic Markets to provide money-losing protection for DCN token holders and to protect investors from losing money. The Exotic Markets team will enact the following measures to protect investors: – Freeze Security Holder’s account responsible for the loss – Freeze offending Security Holder’s account – Suspend Security Holder’s account – Legal action against Security Holder responsible for the loss – Legal action against offending Security Holder – Legal action against Exotic Markets
How does a DCN work?
The price of a DCN token may be tied to the price of the underlying assets. If a DCN token is tied to an asset with a volatile price, it may provide higher or lower value over time, depending on the asset’s price. DCNs can be traded on Exotic Markets or any other decentralized exchange (DEX). Eligible investors will receive a Security Holder’s Agreement (SHA) contract. This contract will allow the Security Holder to determine when and how the Security Holder will receive payments associated with the underlying assets. The SHA will be programmed with a default set of rules that will be used if the Security Holder does not make changes to the default rules. The default rules will be programmed to always pay the Security Holder and pay the token holders as soon as practicable, as required by law.
5 benefits of using DCNs in Exotic Markets
- – Tokenized real estate with real asset value
- – Asset-backed tokens with investor money-losing protection
- – Legal framework for investment
- – Protection for token holders
- – Legal and regulatory framework for token
Final words: To invest or trade with Dual Currency Note, or not?
DCNs are hybrid securities that combine the advantages of a traditional financial instrument with the advantages of blockchain-based technology. They are designed to protect Exotic Markets and its users. The advantages of hybrid securities like DCNs include real asset value and legal and regulatory framework for investment. If you are an investor, you should consider using them to trade exotic assets that cannot be tokenized with standard means.