10 weirdest things ever tokenized... including farts

Brazil’s B3 banal speech made headlines past period erstwhile its tokenized cows went viral.

A husbandman successful confederate Brazil was capable to usage 10 cows arsenic collateral for a 100,000 Brazilian existent ($19,600) indebtedness by virtually herding them into a blockchain based holding pen, demonstrating however farmers tin virtually beverage their assets to entree credit.

And it raises an evident question: if cows tin beryllium tokenized, what can’t be?

From dairy cows to a year’s worthy of farts, present are 10 of the strangest things to beryllium tokenized onchain.

1. A year’s worthy of farts

It was during the pandemic, erstwhile astir radical were baking breadstuff oregon leveling up connected Duolingo, that filmmaker Alex Ramírez-Mallis recorded his ain farts and minted each 1 arsenic a nonfungible token (NFT).

They accidental farts are similar children, and you lone emotion your own. But the novelty origin meant that Ramírez-Mallis was capable to merchantability his for 0.05 ETH each (about $85 astatine the time), proving that each plus has its price.

2. Cows

Better known arsenic a premier root of macromolecule successful Bitcoin circles, the thought of turning 10 Brazilian cows into tokenized cattle... er, tokenized collateral, is not the astir evident usage case.

The woody was structured by Brazilian concern money Target FIDC, giving each cattle a unsocial integer token linked to an encrypted integer identity.

Larry Fink says each plus tin beryllium tokenized. Source: BlackRock

The archetypal indebtedness whitethorn person been worthy conscionable $19,600, but it was a impervious of conception that shows the imaginable to yet support astir $80 cardinal successful livestock-backed financing crossed its farms.

While it sounds somewhat bizarre connected archetypal glance, the agriculture manufacture generated astir $4 trillion successful planetary worth added successful 2023, truthful ticker retired for tokenized sheep, goats and chickens arsenic collateral next.

3. Whiskey barrels

When you deliberation of sharing a whiskey, you astir apt person the liquid golden benignant successful mind, but whiskey barrels are a earthy campaigner for tokenization.

Related: Tokenized RWAs get an agent-ready probe furniture with a caller protocol

That’s because, similar high-end creation and collectibles, Scotch whisky typically increases successful worth arsenic it matures — speech astir lifting your spirits!

Several projects are experimenting with putting whisky casks onchain truthful investors tin bargain full units oregon fractional ownership of tokenized whisky stored successful bonded warehouses.

Just retrieve that if the marketplace crashes, you can’t really portion a integer JPEG of a barrel.

4. Racehorses

Racehorse ownership has agelong been reserved for the ultra-wealthy, those with heavy capable pockets to screen hundreds of thousands of dollars successful breeding, grooming and upkeep, and a fancy chapeau to deterioration astatine the racetrack.

But tokenization is opening to spot distant astatine those elitist barriers, dividing ownership of existent thoroughbred racehorses into integer shares.

Investors tin bargain a involvement successful an carnal and stock successful immoderate prize money, breeding income, oregon aboriginal merchantability proceeds, without purchasing an full horse.

Own portion of a racehorse. Source: Stablemans

A connection of caution for would-be investors successful this benignant of asset, though, whether its watches oregon whiskeys oregon ample 4 legged animals, from Chris Turner, co-founder of interaction concern steadfast KULA:

“Putting a collectible oregon luxury point connected a blockchain doesn’t automatically marque it much liquid oregon invaluable if the ineligible rights, transportation process, and marketplace operation stay unchanged.”

5. Uranium

If your caput turns to treasuries and backstage recognition erstwhile reasoning astir tokenized real-world assets (RWAs), it mightiness beryllium a displacement to see uranium, the radioactive metallic amended known for its relation successful atomic power.

But that’s what Tezos-backed metals.io is doing. Tezos co-founder Arthur Breitman says blockchain exertion excels astatine gathering “reliable, auditable and cost-efficient fiscal rails for immoderate asset,” but is peculiarly aligned with “technology-flavored commodities” similar uranium.

Breitman says trading measurement betwixt November 2024 and July 2026 was $21.5 cardinal implicit astir 18,200 trades and astir 7,400 unsocial wallets.

Related: RWAs go Hyperliquid’s largest trading category

He acknowledges that maturation remains modest, telling Magazine that organization players person shown involvement but are “still shy astir tokenized rails.”

6. Fishy revenue

One of the astir antithetic proposals tokenization level Brickken received came from a Chilean fish-processing institution that wanted to contented tokenized indebtedness with returns tied to the worth of the food it sold.

“The token represented the lender’s contractual claim, portion the involvement payable adjusted according to the company’s verified income performance. In effect, it was a tokenized, revenue-linked indebtedness instrument,” explains Edwin Mata, main enforcement of Brickken.

Mata argues that the thought highlights an important principle:

“Almost immoderate currency travel tin enactment a tokenized fiscal instrument, provided the underlying rights and information tin beryllium independently verified.”

In the end, the food ne'er made it onchain. The underlying food income inactive relied connected audits, commercialized reporting and ineligible agreements that couldn’t yet beryllium automated, proving that, sometimes, the biggest obstacle to tokenization isn’t the blockchain; it’s the existent world.

7. Music royalties

Music royalties person besides recovered their mode onchain, with 1 of the earliest high-profile examples successful 2021, erstwhile DJ and shaper 3LAU gave fans 50% of the streaming rights to his azygous Worst Case done his blockchain level Royal.

Then, successful 2022, rapper Nas used Royal to merchantability streaming royalty rights to 2 of his songs, Ultra Black and Rare.

While the thought of onchain royalties gained traction during the NFT boom, tokenized euphony royalties person yet to go a mainstream plus class. Maybe that’s due to the fact that the streaming platforms wage peanuts.

Nothing says “financial freedom” rather similar owning 0.001% of a way and realizing it needs to beryllium played 5 cardinal times conscionable to bargain a cupful of coffee.

8. Human Skin

If tokenizing farts and cattle wasn’t weird enough, what astir parts of your ain body? That’s precisely what Croatian tennis subordinate Oleksandra Oliynykova did successful 2021, erstwhile she auctioned the advertizing rights to a 15-by-18-centimeter spot of tegument connected her close limb arsenic an NFT.

The winning bidder paid 3 Ether (around $5,400 astatine the time) for the close to take which tattoo she would deterioration during tournaments for a year.

Athletes person agelong sold sponsorship abstraction connected shirts, helmets and contention cars. Oliynykova conscionable took the thought 1 measurement further, giving a full caller meaning to having tegument successful the game.

9. A Burned Banksy

Most creation collectors effort to sphere masterpieces; crypto collectors acceptable them connected occurrence to marque a constituent astir “digital ownership.” In 2021, a radical calling itself Burnt Banksy bought a Banksy people titled Morons (White) for astir $95,000. They livestreamed themselves burning it, and past minted the destruction.

If that leaves you scratching your head, determination was method successful the madness; the thought was that portion the carnal artwork nary longer existed, ownership would unrecorded connected everlastingly done the blockchain.

The NFT sold for astir $382,000, sparking fierce statement implicit whether the radical had destroyed a invaluable enactment of creation oregon simply transformed it into a caller one. It was astir apt the archetypal clip successful past idiosyncratic made a 300% nett from a “fire sale.”

10. The archetypal tweet

Also successful the twelvemonth of our NFT Lord, 2021, Twitter co-founder Jack Dorsey tokenized his first-ever tweet — “just mounting up my twttr” — and sold it arsenic an NFT to crypto entrepreneur Sina Estavi for $2.9 million, rapidly becoming a awesome of the NFT boom.

The first-ever tweet sold for $2.9 million. Source: Jack Dorsey

One twelvemonth later, Estavi tried to resell it for $48 million, but lone received bids worthy a tiny fraction of the asking price, with the highest reported connection coming successful astatine conscionable $6,800.

While anyone tin inactive read the tweet connected X, lone 1 idiosyncratic owns the blockchain certificate tied to it. Whether that’s invaluable oregon not remains an unfastened question. As Mata says:

“Tokenization tin amended access, administration, colony and transferability, but it cannot alteration a mediocre concern into a bully one.”

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