Will you ever be able to buy stocks in Web3 ?

Vincom

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Quote from: Churchillvv on April 11, 2024, 04:53:24 PM

Although one can still buy stocks on web3 right now but it's rare to see a platform that offers such services but they actually exist.

Perhaps those project which have been promising real life experience on web3 are majorly pump and dump projects that where seeking attention and since they know how interested people in the stock market that lead to the approach of using web3 stock buying as the key marketing strategy.
I also have such experiences of buying some fucked up projects that will die off on your hands while waiting for the price of project to go up or for the project to fulfill it's promises.

Securities in Web3? Is this the future of tokenization and RWA that we are being advertised?

This is part of what we used to mention in the past, when tokenization could increase the liquidity of the stock market: everyone can easily buy, own and profit from bonds and stocks without being limited by geography or nationality. Then the world will be flatter, but I believe that governments are not well prepared for this, when we have many sanctions in the world.

This idea is really good but it is very difficult to apply. Currently, companies are only tokenizing assets and transferring them privately to each other instead of listing them on an open market. I am not qualified to predict the potential of this tokenization trend, we can only continue to follow its development in the future.

Churchillvv

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Although one can still buy stocks on web3 right now but it's rare to see a platform that offers such services but they actually exist.

Perhaps those project which have been promising real life experience on web3 are majorly pump and dump projects that where seeking attention and since they know how interested people in the stock market that lead to the approach of using web3 stock buying as the key marketing strategy.
I also have such experiences of buying some fucked up projects that will die off on your hands while waiting for the price of project to go up or for the project to fulfill it's promises.

Belarge

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Quote from: SamReomo on March 26, 2024, 02:00:23 PM

I think it's not possible to do that right now and even if it becomes possible after sometime, I will still try my best to avoid investing in stocks via Web3 platforms. I believe traditional brokers are still a good option for us and we should stick with those if we want to be safe.

We have purpose, that's why we found ourselves here. I've tried to be safe but it looks like we're here to stack up the necessary profits and accolades the system have to provide. Believe what you think is legit and right and not some false information that are just here to mislead someone. Web 3.0 is one of the advance sector and it will brings more jobs and rvidence of profits. Not available on my sites due to the poor networking down here. I would politely throw some advise, don't invest in projects or sectors you have no clearer visions.

Claymore2

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In simple terms, only approved brokers can sell real-world asset (RWA) stocks like those of NVIDIA. If a web3 project starts selling these stocks, it goes against the idea of decentralization because they're not truly decentralized. Legitimate brokers are able to sell these stocks because they're regulated and centralized. Web3 projects might try to offer similar services, but in reality, they're just providing a virtual representation of the stocks. So, when you trade with them, you're not actually owning the stocks; it's like trading on exchanges where you don't physically own the assets you're trading.

Hispo

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It is not widely available yet, but it is possible to invest in stocks without dealing with brokers.
Also, I understand your frustrations, people living in the developing part of the world for not have the same access to the market of the United States or the European Union, and it becomes difficult to invest in blue chip stocks and companies in general. In comparison, it is way easier to buy and hold decentralized assets like Bitcoin, which do not require the middle man in the long term.
The most reliable solution I see, would be the creation of tokens within the blockchain of Solana/Ethereum/Cardano or Polkadot, which would be pegged to the value of those stocks, using other assets as colateral, through that mechanism, the organization or the smart contract emiting those tokens mimicking stocks would not even need to have actual stocks, only the collateral to back the value of the tokens.

It would be a very similar mechanism which is used to keep the value of DAI pegged to the United States Dollar, by using Ethereum as collateral. It has worked so far, DAI had been around many years. It would take people to be willing to convert their Ethereum/Polkadot/Cardano/Solana into stock tokens, for the sake of profit.

o48o

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Quote from: mk4 on March 26, 2024, 11:52:30 PM

You can already 'buy' stocks in crypto.

1. You can do so through PERPs/futures

2. You can do so through RWA truly-asset-backed stock protocols

I've known platforms for both that are actually available for use, but unfortunately, I forgot the names so I'll have to research them.

Those are futures, not stocks, also all the tokenized "stock" markets i have seen in crypto so far have been synthetics, not real stocks. Real stocks that would be tied to tokens would require on chain kyc, reversable transactions and much more. Current existing blockchains don't offer solutions that would make sense to use them for real stocks, as permissionless transactions to pseudonymous wallets would break AML laws and there's no stock issuer that could allow them.

In short; just a token transaction isn't a legit contract that you could transfer something like company, car or house ownership with. Not at least without a specific platform planned for it, with kycs, reversable transactions and such.

Kelward

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Quote from: Reatim on March 26, 2024, 10:17:35 PM

I think it would actually be harder to buy stocks
without a middleman. I mean we already have cryptocurrency
that we are able to buy without third party so why still find
something else? Stocks have a lot of rules and regulations that
probably a normal person wouldn’t know everything about so I think
it is much safer to buy stocks from a stockbroker.

Buying stocks in web3 is not popular yet, and the buyers should research and know if it's convenient and safer to do this compered to buying it through a stockbroker, I'm not so knowledgeable about stocks and it probably requires some technicalities, so I won't have a problem buying stock through a broker. If buying stock with crypto is normalized, then it's a plus for the crypto space, but in this early stage I wouldn't mind buying through a middleman, a traditional certified stockbroker, to be on the safer side.

Sayeds56

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Quote from: Len Saldua on March 27, 2024, 11:31:05 AM

Stocks would be a good way to park the money you have made during a crypto bull run.
You can't expect them to do a 10X but it's a way to maintain your wealth if you invest
in something well established like Apple or Nvidia. You can still double your money in the long run.

Certainly, transitioning some profits earned during the bull cycle in crypto to stocks would be a prudent move. It would be also good from diversification point of view. However, we should not expect explosive growth in stocks unlike in crypto. However, stable companies like Apple, Tesla and Nvidia offer potential stability and potential long term gains.

Establishment of such trading and investment platforms providing access to both stocks and crypto markets is currently in progress and is expected to materialize in the near future.

Len Saldua

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Stocks would be a good way to park the money you have made during a crypto bull run.
You can't expect them to do a 10X but it's a way to maintain your wealth if you invest
in something well established like Apple or Nvidia. You can still double your money in the long run.

Len Saldua

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Quote from: mk4 on March 26, 2024, 11:52:30 PM

You can already 'buy' stocks in crypto.
I've known platforms for both that are actually available for use, but unfortunately, I forgot the names so I'll have to research them.

Realio is one of them. And I don't think their platform is ready.

Sayeds56

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Quote from: electronicash on March 26, 2024, 03:57:01 PM

this is yet not possible unless BlackRock and a few more of them tokenize every stock in the market.
they did announce this to happen already so most probably if they do, we can buy stock but for now, even the altcoins can be considered a stock/share.

this is very timely because the stocks are crashing, the big investors are selling as they were announcing also. Thiel, Bezos and Zuckerberg are selling their tech stocks. this would be a good opportunity if we could just do it on the crypto exchanges today.

You are absolutely correct, if BlackRock and other major institutions were to tokenize their stocks, it would pave the way for such assets to be traded alongside cryptocurrencies on crypto exchanges and open the door for new opportunities This would represent a significant shift in how traditional instruments are bought and sold. It would offer numerous advantages such as increased liquidity, opportunities for fractional ownership and the potentially extended trading hours.

Sophokles

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Not directly but indirectly you can. MakerDAO has invested in various stock and bonds so if you buy their token then you are already have exposure to those stock. Also tokenized stock can be seen in the market as tokenized assets are already in play so big institutions can use this method to offer them to their communities. Usually crypto people don't invest in stock as they are slow moving asset and there isn't any volatility there. Without margin, your gain will be nominal.

mk4

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You can already 'buy' stocks in crypto.

1. You can do so through PERPs/futures

2. You can do so through RWA truly-asset-backed stock protocols

I've known platforms for both that are actually available for use, but unfortunately, I forgot the names so I'll have to research them.

Reatim

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I think it would actually be harder to buy stocks
without a middleman. I mean we already have cryptocurrency
that we are able to buy without third party so why still find
something else? Stocks have a lot of rules and regulations that
probably a normal person wouldn’t know everything about so I think
it is much safer to buy stocks from a stockbroker.

electronicash

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this is yet not possible unless BlackRock and a few more of them tokenize every stock in the market.
they did announce this to happen already so most probably if they do, we can buy stock but for now, even the altcoins can be considered a stock/share.

this is very timely because the stocks are crashing, the big investors are selling as they were announcing also. Thiel, Bezos and Zuckerberg are selling their tech stocks. this would be a good opportunity if we could just do it on the crypto exchanges today.

Sayeds56

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Quote from: Len Saldua on March 26, 2024, 01:50:15 PM

I know there is a number of crypto projects who claim they will offer stocks and real estate under the "real world assets" banner.
I've heard this since 2020. Meanwhile, it's already 2024 and I still CAN NOT buy Nvidia stock in Web3. There are also other interesting companies to invest in outside of US, so I believe the potential is huge outside of the top 6 Tech stocks everyone knows about ( Microsoft, Apple, Nvidia, Meta, Tesla, Amazon ).
Unfortunately you still have to do it through a broker and they put all sorts of restrictions on what you can do and how. Now, of course I fully expect KYC to be a requirement once stocks are made available in Web3, but I will say if there was ever a time to do away with the middleman this is it ! We do not want brokers to handle our business for us.

It is understandable that you feel frustrated with the current limitations in accessing traditional assets like stocks and real estate through Web3/crypto platforms. Although, there has been progress in this direction but very slow due to regulatory restrictions. It is important to note that there has been advancement in tokenization of assets, widespread adoption may still take time.

batang_bitcoin

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Only verified and approved brokers can do that. If a web3 project starts selling RWA stocks like NVIDIA then there's no essence of being called as a web3 because they're not decentralized. While most of these brokers are centralized and regulated, that's why they're able to sell those stocks. But, these web3 projects can actually sell and do the same as the legitimate brokers but it's like a projection that they're selling you stocks but in paper, they don't sell you real stocks from those companies that you want to buy. In short, you only buy and sell that stock on them but in reality, you don't own it. It's the same setup when you've got money in the exchanges.

SamReomo

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I think it's not possible to do that right now and even if it becomes possible after sometime, I will still try my best to avoid investing in stocks via Web3 platforms. I believe traditional brokers are still a good option for us and we should stick with those if we want to be safe.

Len Saldua

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I know there is a number of crypto projects who claim they will offer stocks and real estate under the "real world assets" banner.
I've heard this since 2020. Meanwhile, it's already 2024 and I still CAN NOT buy Nvidia stock in Web3. There are also other interesting companies to invest in outside of US, so I believe the potential is huge outside of the top 6 Tech stocks everyone knows about ( Microsoft, Apple, Nvidia, Meta, Tesla, Amazon ).
Unfortunately you still have to do it through a broker and they put all sorts of restrictions on what you can do and how. Now, of course I fully expect KYC to be a requirement once stocks are made available in Web3, but I will say if there was ever a time to do away with the middleman this is it ! We do not want brokers to handle our business for us.

Topic: Will you ever be able to buy stocks in Web3 ? (Read 163 times)