Hashrate tokenization as an alternative to IPO
Minto creates conditions for the global tokenization of mining capacities, opening up a web3 alternative for individual miners and mining companies to corporatize their capital in order to scale their business.
In terms of this concept, Minto strives to tokenize all available mining power of its own data centers with the prospect of becoming the first mining company to fully digitize (tokenize) its own business in DeFi.
In other words, while in TradFi, corporatization of a company means attracting investments by transferring its ownership to shareholders through an IPO with the prospect of regular dividend payments, in DeFi, the best analogue of an IPO is the tokenization of the basic RWA (Real World Asset) followed by distribution of the issue among key investors and a token free float in the form of appropriate liquidity on cryptocurrency exchanges.
DeFi allows the project to implement mechanisms for decentralized management and decision-making (governance) based on the DAO principles, and also pay out DAILY mining rewards by analogy with annual dividends of joint-stock companies (where the payment of dividends is usually described as an opportunity, but is by no means guaranteed).
Thus, the Minto project is a high-tech web3 business based on the DAO principles and a powerful mining infrastructure, the administration of which has been moved into DeFi thanks to an innovative solution, i.e., the Minto RWA protocol*.
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