tl;dr: All or nothing collectible, art, and other markets are about to get “unbundled”

In the crypto futura, it will be possible (and commonplace) for people to own a small percentage of assets which they would otherwise not be able to afford.

This post from Fred Wilson explains how he purchased 1% of a collection of Air Jordan original edition sneakers.

As Fred explains, this isn’t a pure crypto business because the assets aren’t secured by or run on a blockchain…yet. However, in the future, when things get faster on the tech side, they will be.

The downside today is that you have to trust Otis, the company behind the offering, that they have the shoes and you actually own a percentage of it.

The upside is that this is a “crypto-adjacent” business because it shows what the potential of crypto will be when it comes to opening up markets to millions of more people.

While you may not be able to own the entire collection, you can now own a piece of it, which makes it more exciting and, more importantly, available to anyone.

Now, extend this concept to other assets like art, houses, boats, gold bars, diamonds.

Each of those markets will grow because they can be fractionalized and the proof-of-ownership can be guaranteed.

That’s why the “Layer 1” chains where they will be recorded, tracked, and traded all offer some huge potential, leading to multiple Trillion dollar networks.

Today, it may be shoes. Tomorrow, it may be the tokens.