teckel: bartering

Non-fungible tokens (NFTs) catapault bartering, the oldest form of commerce, into the modern era. teckel utilizes the power and attributes of the Ethereum blockchain to enable the trustless barter with “top-up” of real-world assets (RWAs).

The World Economic Forum estimates that by 2030, the tokenized real-world assets market could reach $16.1 trillion, accounting for about 10% of global GDP.†

† https://cointelegraph.com/news/a-brief-history-of-real-world-assets-why-they-matter

A simple example of a barter transaction with top-up would be the barter of two pieces of NFT-represented digital artwork, each owned by a unique party, where, as part of the transaction, one or both parties wants an additional amount of ether (ETH) in addition to the other’s respective artwork.

teckel: bartering

Non-fungible tokens (NFTs) catapault bartering, the oldest form of commerce, into the modern era. teckel utilizes the power and attributes of the Ethereum blockchain to enable the trustless barter with “top-up” of real-world assets (RWAs).

A simple example of a barter transaction with top-up would be the barter of two pieces of NFT-represented digital artwork, each owned by a unique party, where, as part of the transaction, one or both parties wants an additional amount of ether (ETH) in addition to the other’s respective artwork.

The NFT could also represent any RWA.