New Babylon Site 3 (NBS3) is dubbed as "The Disruptor" being the first blockchain and tokenization enabled 210-hectare Economic Zone at the Municipality of Jose Panganiban in the Province of Camarines Norte, Bicol Region, Philippines.
NBS3 poses to generate over 30,000 jobs and export products through various industries such as Defense, Automotive, Tech, Aquamarine and Tourism with support facilities such as an International Airport, Sea Port and Marina that would generate even more employment.
This high impact project is the brandchild of Camarines Norte Governor Ricarte R. Padilla and renowned jeepney manufacturer Mr. Elmer Francisco.
Our mission is to provide a platform where ordinary people, along with affluent investors, can also invest in luxury goods, exquisite items, posh properties and priceless collectibles like rare stamps, wines, watches, exotic automobiles, fine arts, artifacts and many others. We aim to provide a better alternative for people to invest in other than fiat currency or conventional investment instruments. New Babylon provides a platform for those people who have less money but also want to leverage from these asset classes. Our token has a great vision that if you want to become truly wealthy, you must pay yourself first before paying anyone else by setting aside a small amount, at least 11%, of your total monthly income for investment. New Babylon (BYN) is an immutable, transparent, secured and asset-backed token that exists as an ERC-20 protocol token in the Polygon Blockchain Network as a layer 2 solution to scale the Ethereum Blockchain Network, unlike most tokens out there that have no underlying assets or tangible value.
We aspire to include “cryptocurrency in every portfolio.” We envision a world where wealth-building strategies that were once only accessible to affluent individuals to become available to everyone, transferring the power over our financial systems back to the people. New Babylon (BYN) token is going to create a revolutionary ecosystem to bring more people into digital assets and help them invest in tokenized high-ticket investments and crypto currencies at the same time. We strive to create an ecosystem based on sound monetary policies, with a sound and solid decentralized foundation expected with New Babylon (BYN) token as a real asset-based token. New Babylon (BYN) token has the ability to maintain the privacy, security, power and autonomy of the investors.
New Babylon token ecosystem is based on the three important features
Polygon, earlier known as the Matic Network, is a scaling solution that aims to provide multiple tools to improve the speed and reduce the cost and difficulty of transactions in blockchain networks. Polygon is a multi- level platform to scale Ethereum, thanks to a plethora of side-chains, all of which aims to clear with the main platform in an effective and cost- efficient manner. Polygon Network strives to solve the connectivity and advantage issues, not compromising on decentralization and taking up the existing developer community and ecosystem. Decentralized Apps (Dapps) are being suggested in huge numbers, but the current blockchain ecosystem is not ready to scale to match the demands of user applications with mass adoption. New Babylon (BYN) token is leveraging on these features of the Polygon blockchain. Polygon provides the greatest advantages over other blockchains, among others previously mentioned, if a token is launched in the Polygon network, that token will benefit from the capabilities of Polygon’s greater access to interoperable decentralized applications on diverse platforms while still enjoying all the security features of the Ethereum Network.
Asset-backed tokens are digital claims on a physical asset or a portion thereof and those tokens are backed by that asset. Gold, crude oil, real estate, equity, soybeans or just about any other real physical asset can be tokenized and become an asset-backed token. Engagement in asset- backed tokens permits would-be speculators and investors to access the expensive, exclusive and locally regulated capital-raising process required by venture capitalists or banks by issuing a percentage of coins or tokens in exchange for cryptocurrencies through permissionless global blockchain networks. Tokenized assets are very different from cryptocurrencies. Tokenized assets have distinct use-cases as they offer liquidity and access that differentiates it from cryptocurrencies as tokenized assets do not exhibit the network effects such as extreme volatility or rapid appreciation or depreciation of value.
Tokenization is the representation, in the form of a token, of a right, or physical or digital asset. The token is a sort of a container that can hold a property right on a luxury good, a share in a company, or the fractional ownership of a property. Tokenization is like crowdfunding, breaking up the value of a real estate investment into smaller chunks wherein each fraction of a real estate asset is converted into a token, then encrypted with all the details that grant ownership. The transformation of illiquid real estate investments into tokens means that a direct investment in a property is vested with the character of an indirect investment. Issuers can, as a result, secure a higher liquidity. This allows a broader group of investors to invest directly in real estate. Tokenization brings liquidity, fractional ownership, lower transaction costs, transparency and automation to the realm of physical and digital assets investing.
Copyright © 2023 New Babylon LLC