Marius Zoican
Finance professor at University of Toronto. Interested in securities exchanges, technology, and investments.
Prepared by: Marius Zoican
Southern Finance Association November 2020
(Blair Vorsatz)
Solution: Tokenization
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Having a 50% stake in "Mona Lisa" is not the same thing as admiring "Mona Lisa" 50% of the time!
I would pay $20/hour to see Mona Lisa
I would pay $25/hour to see Mona Lisa
Easy to implement, but value is inherently lost....
Art has value only if people can admire it!
I would pay $20/hour to see Mona Lisa...but I cannot!
I would pay $25/hour to see Mona Lisa...but I cannot!
50% ownership
50% ownership
I'm getting $20-25/hour for my right to see Mona Lisa.
I am paying $20-25/hour to see Mona Lisa!
50% ownership
50% ownership
Thoughts
By Marius Zoican
Discussion of "Collectibles Tokenization & Optimal Security Design" at the 60th SFA Meeting (November 2020)
Finance professor at University of Toronto. Interested in securities exchanges, technology, and investments.