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Global Asset Xchange

Global Asset Xchange

Tokenize & trade anything - from art & diamonds to oil & yachts - on the Global Asset Xchange.



Did you know that Bill Gates bought Leonardo da Vinci's journal "Codex Hammer" for $30 million in 1994. If that seems a lot for a 72-page journal, consider this - a lock of Elvis Presley's hair sold for $115,000 in 2002. And Marilyn Monroe's "Happy Birthday Mr. President" dress sold for $1.26 million in 1999.

So far, investment in such "exotic" assets was restricted to billionaires. Now with the Global Asset Xchange you can buy "fractions" of exotic (and even non-exotic assets like stressed assets and oil) for a few hundred dollars.

Global Asset Xchange (G.A.X.) is a permissioned shared blockchain for dematerializing, tokenizing, fractionalizing and trading in any asset. G.A.X. handles the entire smart asset lifecycle process - creation, issuing, trading, escrow, redemption and retirement.

Why GAX?

  1. Since GAX is a blockchain, it removes the characteristic of infinite reproducibility from a digital asset. It confirms that each unit of value was transferred only once, solving the long-standing problem of double spending.

  2. The GAX blockchain can assign title rights because it provides a record that compels offer and acceptance.

  3. By storing data across its network, the GAX blockchain eliminates the risks that come with data being held centrally.

  4. GAX assets are fungible and enable investors to enjoy cash flows accruing from their assets e.g. rent from art displays.

  5. GAX assets undergo scrutiny and due-diligence and all relevant documents are available to each GAX node.

List of GAX asset classes

GAX enables dematerializing, tokenizing, fractionalizing and trading of several multi-trillion dollar asset classes, many of which have given phenomenal returns over decades.

1. Art

This asset class includes:

  1. Drawings,
  2. Paintings,
  3. Photographs,
  4. Sculptures.

2. Bonds & other debt instruments

This asset class includes:

  1. Bonds ( Bonds of Public Financial Institutions, Deep Discount Bonds, Disaster bonds, Dual Currency Linked Bonds, Easy Exit Bonds, Floating rate bonds, Foreign currency linked bonds, Indexed Bonds, Inflation Bonds, Pay-in-kind bonds, Secured Premium Notes, Zero coupon or strip bonds, Zero-Coupon Convertible Bond)

  2. Commercial paper

  3. Debentures

  4. Mortgages

  5. Treasury Bills

3. Collectibles & memorabilia

This asset class includes:

  1. Antiques,
  2. Cars,
  3. Celebrity memorabilia,
  4. Coins,
  5. Diamonds,
  6. Furniture,
  7. Jewels,
  8. Musical instruments,
  9. Shoes,
  10. Sports memorabilia,
  11. Watches,
  12. Wines

4. Commodities

This asset class includes:

  1. Edible Oilseeds and Oil,
  2. Energy Products,
  3. Fibres,
  4. Metals,
  5. Pulses,
  6. Spices

5. Intellectual property

This asset class includes:

  1. Copyright,
  2. Industrial design rights,
  3. Patents,
  4. Plant varieties,
  5. Trade dress,
  6. Trademarks

6. Stocks

This asset class includes shares of startups and other unlisted companies.

7. Real Estate

This asset class includes:

  1. Holiday homes
  2. Islands
  3. Leases
  4. Rental properties

8. Invoices

GAX enables suppliers to sell their invoices at a discount to investors. This enables suppliers to get faster access to money they are owed and enables buyers to get more time to pay. Instead of relying on the creditworthiness of suppliers (usually smaller businesses), the investors deal with buyers (usually large businesses). This can lower financing costs, optimize working capital and improve business efficiency.

9. Loyalty points

10. Luxury assets

This asset class includes:

  1. Cars
  2. Private aircraft,
  3. Yachts

11. Stressed assets

Non-performing assets (NPAs), restructured loans, assets under reconstruction and written-off assets - collectively called 'stressed assets' have become a multi-trillion dollar challenge for the global banking sector. For a list of global NPA statistics, see:

12. Virtual currencies

This asset class includes: asset-backed virtual currencies.