Frequently Asked Questions

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1 What is Tokenize-IT?

TOKENIZE-IT is the first fully compliant platform for creating, launching and investing in tokenized assets. Equity, debt, real estate, commodities and even art pieces can become liquid, tokenized and sold by fractions.

Tokenize-IT will help you convert rights to an asset into one digital token.

2 What is a Token?

A token is a unit of virtual currency, representing abstract value, in the case of Tokenize-IT, a fraction of value belonging to an asset.

3 How can I prove the legitimacy of assets?

Through our bank-grade compliance standards, we ensure full KYC/AML due diligence is completed before an investor participates on our platform and meets accredited status.

4 Why Tokens?

In early 2018 tokens became very popular with the booms of ICOs–initial coin offerings the de-facto mechanism for startups fundraising, as Ethereum provides a way to create this ERC20 tokens, Tokenize-IT takes this concept to the next logical level.

5 Where is this located?

We’re domiciled in Costa Rica where our existing financial services licenses are legally compliant under the broker-dealer licence legislation.

6 What software is used to support this ecosystem?

The token generation is enabled by the Ethereum blockchain that allows you to generate ERC20 tokens, has decentralized exchanges where you can trade them, and Tokenize-IT provides you with the means to list and receive investments in the same token system.

7 What is a utility token?

Utility tokens are simply app coins or user tokens. They enable future access to the products or services offered by a company. Therefore, utility tokens are not created to be an investment.

8 Are ERC20 generated tokens securities?

No, ERC20 tokens are considered commodities under Costa Rican legislation and under the Broker - Dealer Licence.

9 Is this legal?

Yes, Tokenize-IT is a fully regulated company under Costa Rican law.

10 Can I exchange tokens I get here for other ethereum tokens?

Yes, you can. Using the WETH protocol it can be easily achieved and you can also get Ether in case you want an exit or other currency.