10/Risks
Calculated risks, calculated success.
As per any other project, there are risks involved.
Potential Failure points
Real World Asset Tokenization fails to take off
Regulators ban tokenization of assets
Team dismantling
While the above risks are present, the good news is there are mitigation measures in place:
The team has studied the real world asset tokenization trend intensely before starting the project, both real world events and expert analysis has proved that real world asset tokenization is here to stay and it will happen
The team has carefully conducted pilot tests before planning the token utility and publicising it to the world. These token utilities are planned in a manner where the company acts as the greatest underlying asset supporting the token. Unlike most Web3.0 projects which do not have the backing of a proper company, Frac has provisions in place to tie the token ecosystem and the business ecosystem firmly together.
Regulations are always a risk - this is why for Frac, we focused on very much consummable goods such as gemstones/jewellery/precious liquids, these assets tend to come under less scrutiny by the regulators and offers a blue ocean market for Frac to take advantage.
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