Buy A Fraction of Tesla Stock And Trade it For Bitcoin

Have you ever wanted to buy shares in a company but realize you can’t even afford one share? That’s the unfortunate reality for a lot of people. Don’t worry though, that’s all about to change.

The Sologenic platform offers a revolutionary trading experience. Users can tokenize 40,000+ stocks, ETFs, and commodities from 30 global stock exchanges. Anybody can buy fractions of stock, tokenize real-world assets, and trade them with other people, 24/7. There are no middlemen, no brokerage fees, no wait times. Built on one of the fastest blockchain networks, Sologenic users can tokenize assets almost instantly, on a transparent, public ledger.

What is Tokenization?

Sologenic generates stablecoins backed 1:1 with real-world assets. Each stablecoin represents the ownership of real-world assets. Once tokenized, the asset issued on the blockchain is denominated with the suffix Ƨ, for example, a tokenized asset of Tesla stock (TSLA) is represented as TSLAƨ.

To tokenize something means to represent it digitally via a token. Anything in the world, tangible or intangible, can be tokenized. For example, a house can be tokenized. Say there is a person who wants to own some real estate but cannot afford a whole house. They could instead purchase part of a place, e.g., the living room or the driveway. Each part of the house would be worth something individually and represented digitally on the blockchain. The tokenized version would mean the real thing and be backed 1:1.

Another example would be a group of people who would like to put their money together to buy an art piece. Each person can contribute an amount, and their contributions will be represented digitally, as tokenized assets, on the blockchain.

Sologenic Benefits

Why should we tokenize assets? First, blockchain technology is transparent, which means that each transaction appears on a public, decentralized ledger where it cannot be tampered with by someone. There are three other main benefits of tokenization more practical and beneficial than traditional trading.

  1. Pool orders

Pool Orders are a unique trading feature of Sologenic. Pool Orders allow users to buy or sell fractions of shares. For example, Amazon is currently worth more than $3000 per share. If a user only has $100 to invest, they can use a Pool Order. Investing $100 would buy approximately 3% of a share of Amazon, or in other words, 0.03 Tokenized Amazon stock.

On the Sologenic Platform, a pie chart will show how many other users have contributed to the pool. Once there are enough contributions from users to purchase one share, the platform will execute the order, and the tokenized Amazon shares will be available in the user’s Sologenic account.

Pool Orders open up the doors to investing for anybody currently priced out of the market.

2. SOLO Cards

Sologenic users can spend their tokenized assets via SOLO Cards online and in-stores, wherever traditional credit cards are accepted. SOLO Cards come with varying benefits, such as monthly cashback. One of SOLO Cards’ significant advantages is that users can immediately spend their profits. With traditional brokerages, users would have to sell their assets and then transfer their money into their bank account, taking days to settle and involve large fees. With SOLO Cards, users can spend their money right away, without going through so many hoops to access their cash. SOLO Cards users can select which crypto or tokenized assets they’d like to spend, all in a few clicks.

3. 24/7 Trading

Using Sologenic’s Decentralized Exchange (DEX), users can trade tokenized assets for cryptocurrencies such as SOLO and XRP. The DEX is available for users to trade 24/7, even when traditional markets are closed. Unlike some other tokenizing platforms, Sologenic users will hold their wallets’ private keys, providing them complete ownership and authority over their assets. Users can safely store their tokenized assets in the decentralized SOLO Wallet app if they wish.

Who Can Use Sologenic?

Sologenic aims to make the stock market accessible to everyone through the tokenization of assets. There are billions of people in the world who cannot access global assets, such as low-income families, people whose finances are restricted, people who do not have access to learning tools about the stock market, and people who live in risky countries with geopolitical uncertainty. Another problem with the current financial market is that people must go through several hoops to trade on stock exchanges worldwide. For example, a person in Canada must go through multiple brokerages to invest in companies listed in China or Japan.

Seasoned investors and new traders can use Sologenic to tokenize assets. There could be several reasons why an investor would like to tokenize assets, such as:

  • Diversification
  • Dividend income stream
  • Capital appreciation
  • Hedging against other investments

Sologenic offers investors the opportunity to diversify their portfolios, as well as trade with other users all over the world with the decentralized exchange. Traditional brokerages do not provide users the ability to trade with others. Sologenic is therefore breaking down barriers and revolutionizing how we invest. Soon, Tesla stock won’t be out of reach for anybody.

Download the Sologenic App today to start trading!

Available on the Apple App Store and Google Play.

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