Intro

Welcome to Weset

Weset is a platform for buying, trading and managing Non-Fungible Tokens (NFTs) representing real-world assets, specifically properties. It provides a user-friendly interface for users to interact with NFTs and blockchain technology, making it easier for users to invest in real-world assets through NFTs.

"The tokenization of real-world assets and their use in DeFi provides a number of advantages over the status-quo, many of which derive from the properties that make public blockchains and DeFi valuable." - Chainlink

• Increased efficiency: A blockchain’s ledger serves as the golden source of truth, reducing friction during post-trade reconciliation. Atomic settlement also removes the need for delayed T+2 settlement, as assets can be simultaneously delivered with payment.

• Reduced costs: Self-executing autonomous protocols reduce the need for intermediaries at every step. Early results show an up to 90% reduction in the cost of bond issuance when using blockchain-based record keeping and an up to 40% reduction in fundraising costs.

• Increased transparency: Public blockchains are auditable in real-time, opening up the ability to verify the quality of asset collateral and systemic risk exposure. Disputes around record keeping can also be mitigated through public dashboards showcasing on-chain activity.

• Built-in compliance: Complex compliance rulesets can be programmed directly into tokens and applications offering services involving tokens. Privacy-preserving KYC tools can be implemented to shield user privacy while remaining compliant with the relevant regulations.