LEOX is the native utility token of the Galileo Protocol, a multichain peer-to-peer platform that enables brands, owners, and customers to discover, browse, purchase, and create physical Non-Fungible Tokens (pNFTs).
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These pNFTs represent ownership of physical assets, allowing for the tokenization and fractionalization of tangible items such as luxury goods and real estate.
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Key Features of LEOX and Galileo Protocol:
Physical Asset Tokenization: The platform facilitates the creation of pNFTs, enabling users to tokenize physical assets, thereby enhancing liquidity and accessibility.
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Fractional Ownership: By allowing fractional ownership, Galileo Protocol lowers the barrier to entry for investors interested in high-value assets, making it possible to own a portion of assets like luxury watches or real estate.
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Enhanced Trust and Verification: The protocol provides a network of trust by linking verified partners and existing luxury goods outlets through blockchain technology, reducing the risk of counterfeit goods.
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