I fully agree. The more assets from the Caribbean the better.
I have to learn more about tokenization. Especially for physical assets. Can you point to any primer about tokenization of (physical) assets?
With the EC dollar it might look like for every dollar (fiat money) there is a unique digital dollar (token).
As EC dollars are created by the Eastern Caribbean Central Bank and their value is currently pegged to the US Dollar at (1 usa dollar is 2.7 EC dollar) the Central bank can put that in a basket. Depending on the fluctuation of the US dollar the value of that basket will flow.
There are stock exchanges in the Caribbean. Like the Jamaican Stock Exchange, I think the Trinidat and Tobago Stock exchange also exists and the Dutch Caribbean Stock Exchange (dcsx.cw). All publically traded stocks and bonds could be added to that basket.
Physical assets are a total other game. What is the value of a piece of land on Curacao? Per square meter. I don’t know. Here you probably need oracles like real estate agents that know the value and put those in the smart contracts.
Also for the Caribbean we have hotel assets. The value of hotels is difficult to estimate. But the price of a room of a type of hotels can be found on websites like bookings.com.
The main question is:what does the value of a basket mean? Especially when you have so many assets in it? What can you use it for if you know the value of a basket went from 110 points to 125 points from october 2020 to november 2020?
I use indexes like the Consumer Price Index and the Stayover tourist index for my analysis of small islands in the Caribbean. These indexes mean something to me.
But I cannot imagine what a basket of many assets would mean.