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Virtual Returns

MillionaireAsia India

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September - October 2018

Technology has created a brand new asset class which is developingcollectiblesfor the future.

- Anil Rego

Virtual Returns

There was a time when postage stamps, autographs, coins, books, and memorabilia were fun to collect and keep. With the world going digital and intangibles gaining prominence, the need for digital collectibles is now leading to a proliferation of ‘digibles’. Once you own a digible, it is as permanent as the sky or the earth. It doesn’t matter if the company that built it disappears or goes bankrupt, you still own your digital collectible. What’s more, blockchain-based digital collectibles can now be integrated into a wide variety of things in creative ways that makes monetisation easy and fast, while retaining the novelty. Welcome to the future today.

The day is not far when we could be trading in cryptographically secure pets, monsters, and playing cards. Of course, you could do the same for digibles based on politicians. The world of digibles is seeing an explosion, with a tsunami of ideas in the pipeline.

There are now marketplaces and platforms that allow you to buy and sell digibles, while others are opening up platforms to developers, thus paving the way for new digibles to appear on the marketplace.

A NEW WAY

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