Honey wake up, they put a cow on the blockchain
People are starting to understand what tokenization means…and by people I mean those that actually own assets…gonna unlock a huge amount of liquidity…banks big mad tho and fighting tooth and nail, they will lose
>>62518523>Give cow ID>Suddenly blockchainBeing tech illiterate isn't a crime but then posting tech news should be
>>62518523That's pretty cool
>>62518523>using 10 specific cows instead of just 10 good and deliverable cowswhy? That loan contract must be interesting
>>62518523>an ai powered collarcan aliens or some shit please simply genocide humanity
>>62518662Sub 80 iq post
>>62518523I live in Brazil.
>>62518962lucky you
1. Requirements for Using LivestockClear ownership: You must prove you own the animal completely without existing liens.Health and value: The cow must be healthy, marketable, and properly valued by an appraiser.Identification: Lenders require official ear tags, brands, or microchips to track the asset.2. Legal Process and UCC LiensUCC-1 filing: Lenders file a public Uniform Commercial Code form to claim the asset.Blanket liens: Banks often secure the loan using the entire herd rather than one cow.Offspring inclusion: The loan agreement usually includes future calves as part of the collateral.3. Alternative Agricultural CollateralFarm equipment: Tractors, harvesters, and milking systems.Real estate: Farmland, barns, and storage silos.Crop inventory: Harvested grain, hay, or future crop yields.
>>62518962Fag
>>62518998are these cows on a blockchain?
>>62519075One day
>>62518721This
>>62518523let me know when i can buy livestock with chainlink
lol, holy crap, nobody even understands what this means…I guess it’s not surprising since most people don’t own any hard assets anymore…
>>62518962what happens if you tip a cow?
>>62519338She goes mooooooooooooooo
>>62518706they're on the blockchain
>>62519363kek. Is she drinking her own milk?
>>62518721this
Using everything but crypto itself lol lmao
>>62518523the sad part is that there still exist people so retarded they cannot comprehend the possibility of someone tampering with the collars, or the vault, or whatever other means of "securing" the asset that is being tokenized, which means "tokenization" is just another pinky promise that will fall apart at the slightest breeze
>>62519501Ya just like all those insurance companies that fall apart insuring people’s assets like they have forever….dumbass
>>62519523are you not familiar with the vast amount of money that is spent fighting insurance fraud and how much is lost anyway? and how often insurance companies scam their users? retard
>>62519067No.
>>62518523Vechain bagholders SEETHING
isn't this just the NFT model?KEK
>>62518523And what happens if he kill the cow or refuse to give to lenders?
>>62518523Lmao.I just searched and learned something today.Cow/livestock as collateral is normal and very risky, if the cow dies he loses the money. They can change the collateral but still very risky to do.So nothing new introduced with crypto...
>>62518523Cowcoin going to the MOOOO-N
>>62519531Ya…as with everything, grow up
>>62520268Why would the cow die? I lease land to cattle ranchers and haven’t seen a cow die in 20 years.If you are just parking the loan money somewhere to earn interest and not spending it then you have almost no riskSay you have land worth 5 million, you can tokenize, borrow stablecoin, park in high yield, earn 5% apy…that’s like 250k per year nigga
>>62520368It's very normal for cattle to die for a number of reasons... I hope you're not just larping on biz
>>62520698No it’s not, if they are allowed to live naturally (plenty of space and grass and water) it’s not rocket surgery
milkcoin finna go hard
>>62518523>AI powered collarWhere does AI fit in here?
>>62518523just shut it down holy shit
>>62521458Yes how dare the common man make a fair yield on his assets…that yield should belong to the bankers
>>62521464I have just tokenized the rights to free-use this man's bussyTaking bidders now, reply with your price
>>62521471Times up Moshe, banks no longer needed
my cows are PRINTINGUHEUEHUEHEUEUHEUEHUEHUEHU
>>62519431>A calf gives milk.
this is why nft tech is the future
