>>60773519
>are you like 12?
Nope. Are you?
>how would you tokenize an asset which you can't even obtain IRL and what do ICE pm data has to do with the ownership of pms?
You won't. You will obviously tokenize a tangible asset first, and once that has happened you can create derivatives of it on chain. This is exactly what is happening right now, but off chain. Derivatives are extremely jewish but if you can't see the advantage of at least having it onchain, you're ngmi.
>and what do ICE pm data has to do with the ownership of pms?
How does tokenization work, have you ever considered the flow? Look that up and then lay that next to a list of Chainlink's product suite lmao. To answer your question, one step of that process entails recording a price for the tokenized asset. Where do you pull the price from?
>inb4: But what if ICE supplies faulty data!?
If they supply data that is incorrect (perhaps unknowingly) they risk getting slashed. A decentralized oracle network runs on the premise that by incentivizing good behavior and punishing bad behavior (and most importantly making it impossible to profit from it), you end up with a system that will output as close to the truth as possible, 100% of the time. That doesn't mean shit data that is impossible to verify will suddenly be trustworthy, it just means you'll get the best data available at any point and should assess risk accordingly.
