March 15, 2024 – SimplyTokenized, a platform specializing in real-world asset tokenization, announces its collaboration with Q Development AG, a key contributor to the Q Protocol.
Through this strategic alliance, SimplyTokenized aims to redefine asset tokenization across various sectors, including real estate, art, and finance. SimplyTokenized will use Q Protocol’s smart contract platform for the asset tokenization process. Furthermore, SimplyTokenized and Q Development will explore novel ways to govern tokenized assets through innovative DAO structures, leveraging Q’s governance features and infrastructure.
Integrating the Q Protocol into the SimplyTokenized platform marks a significant milestone in democratizing access to investment opportunities and enhancing liquidity in traditionally illiquid markets. Through this collaboration, SimplyTokenized endeavors to achieve the following goals and objectives:
- Enhance Security: Building on the Q Protocol with its robust security model supported by its two-tier node structure to ensure best-in-class security.
- Increase Efficiency: Using Q’s low-cost, high-throughput blockchain to streamline the asset administration process, reducing time and costs associated with asset tokenization.
- Innovate on governance: Exploring novel governance structures for tokenized assets, including elements of Decentralized Autonomous Organizations (DAOs) to enhance governance security.
- Improve Accessibility: Leveraging the collaboration to provide a more user-friendly platform, enabling non-technical users to participate in asset tokenization and DAO administration.
- Expand Asset Tokenization Models: Collaboration on developing new tokenization models to accommodate a broader range of assets, thus expanding the market.
The technical integration of the Q Protocol into the SimplyTokenized platform will enable the seamless creation, issuance, and management of tokenized assets on the Q blockchain. The integration of DAO elements into the governance framework for tokenized assets will empower users and investors with the goal of enhancing the overall performance and reliability of asset ownership.
“This collaboration with Q Protocol signifies more than just technological integration,” stated Paul, CEO of SimplyTokenized. “We’re laying the groundwork for a revolution in how organizations are structured, making asset tokenization and DAO administration more inclusive, efficient, and secure than ever before.”
“We are excited about SimplyTokenized choosing Q as its platform for asset tokenization,” says Martin Schmidt, Administrative Council of Q Development. “Tokenizing assets is not just a technical challenge. Technology, governance and legal aspects need to go hand in hand, and this is where the Q Protocol excels.”
For more information about SimplyTokenized and its integration with Q Protocol, visit SimplyTokenized.com or follow us on social media.
About SimplyTokenized
SimplyTokenized is a leading technology company specializing in tokenizing assets across multiple industries using the Organic Finance Framework. Our mission is to unlock investment opportunities and enhance liquidity in markets worldwide through innovative blockchain solutions. By simplifying the process of asset tokenization, we aim to provide secure, transparent, and accessible investment options for everyone. For more information, visit our website at SimplyTokenized.com or follow us on social media.
Media Contact: John Doe
Paul Pöltner
About Q Development AG
Q Development AG is a private company based in Gamprin-Bendern, Liechtenstein. Its main purpose is to develop the Q blockchain, launch Q and support the Q ecosystem. Q Development AG is 100% owned by Q International Foundation, a Liechtenstein-based not-for-profit foundation which is the initiator of the Q protocol. Q is supported by industry heavyweights, including Greenfield, HashKey, Deutsche Telekom, LexDAO, and Nethermind, and academics from MIT, NY Stern, and the University of Toulouse.
With a vision to foster innovation and drive the next wave of growth in the decentralized ecosystem, Q is a testament to the perfect blend of decentralized technology and robust governance principles.
Media Contact: Esther Katz
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