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CB's avatar

Enjoy these framework posts! You know we are incredibly early when seemingly obvious use cases for this new technology have not yet been explored or are in the infancy stages of development.

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BowTiedMagpie's avatar

In your first example, STO sits on top of the NBA contract instead of replacing it? Does this mean the NBA pays the investors instead of the player? If they were to pay the player, what's stopping him from losing it all and having no money to pay the investors? I don't see how it is collateralized unless the players' investment in the S&P is also in token form. Sorry, finding the example a bit confusing.

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