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The iAsset Framework on Injective now support a new asset class: Commodities
Commodities include things like precious metals i.e. gold, energy i.e. crude oil, and agricultural products i.e. soybeans. These products are traded every single day to the tune of $60 Trilion USD in volume per year. ‼️
However, today’s current commodity trading landscape is rife with fraud, non-accessibility, and counterparty risk. That all changes today.
Injective’s onchain commodities offer a multitude of advantages over commodities traded on traditional financial rails.
💡Benefits of iAsset onchain commodities
⚡ 24/7 trading ⚡ Fractional ownership (Start trading with $1 USD) ⚡ No counterparty risk ⚡ No geographical restrictions ⚡ Programmable liquidity & utility ⚡ Seamless Leverage ⚡ Full trading transparency
The iAsset Framework on Injective now support a new asset class: Commodities
Commodities include things like precious metals i.e. gold, energy i.e. crude oil, and agricultural products i.e. soybeans. These products are traded every single day to the tune of $60 Trilion USD in volume per year. ‼️
However, today’s current commodity trading landscape is rife with fraud, non-accessibility, and counterparty risk. That all changes today.
Injective’s onchain commodities offer a multitude of advantages over commodities traded on traditional financial rails.
💡Benefits of iAsset onchain commodities
⚡ 24/7 trading ⚡ Fractional ownership (Start trading with $1 USD) ⚡ No counterparty risk ⚡ No geographical restrictions ⚡ Programmable liquidity & utility ⚡ Seamless Leverage ⚡ Full trading transparency
Start with a fresh view of investing strategy. The combination of risks and fads this quarter looks to be topping. That means the future is ready to move in.Likely, there will not be a wholesale shift. Company actions will aim to benefit from economic growth, inflationary pressures and a return of market-determined interest rates. In turn, all of that should drive the stock market and investment returns higher.
How to Use Bitcoin?
n the U.S. people generally use Bitcoin as an alternative investment, helping diversify a portfolio apart from stocks and bonds. You can also use Bitcoin to make purchases, but the number of vendors that accept the cryptocurrency is still limited. Big companies that accept Bitcoin include Overstock, AT&T and Twitch. You may also find that some small local retailers or certain websites take Bitcoin, but you’ll have to do some digging. That said, PayPal has announced that it will enable cryptocurrency as a funding source for purchases this year, financing purchases by automatically converting crypto holdings to fiat currency for users. “They have 346 million users and they’re connected to 26 million merchants,” says Spencer Montgomery, founder of Uinta Crypto Consulting. “It’s huge.”
