BUSINESSR/DEFI
Fractional ownership of a real cargo ship through NFTs is either the most interesting RWA concept i've seen or i'm missing something obvious.
A company is offering fractional ownership of a commercial cargo ship through 10,000 NFTs on Ethereum, allowing retail investors to participate in cargo shipping revenue. Each NFT represents a stake in the vessel and holders will receive proportional profit sharing from actual cargo operations. The concept aims to make cargo shipping accessible to retail investors, an industry that generates significant revenue but has been inaccessible due to high costs.