Car ownership is full of friction.
I would love to see someone create a token for partial and liquid car ownership.
nobody owns anything not even your own house you think you owe the deed to your house guess what the word start with futile not allodial
and without the original certificate of manufacture you don't even own your vehicle that particular document gets hidden away and sent to the state you don't even know it exists
Actually you own the house just not the land that it's on. You can move it brick by brick to another location if you want.
to another unowned land we come and steal the land from the Indians and claim it but yet no one owns it
Kinda like car sharing. It would make more sense to build a car sharing token, the buy/sell of the vehicle could get messy but if the token gave you a piece of the company, use2drive.
On a serious note, auto loans are in the in top 3 categories that people default on. Right up there with student debt, medical bills, etc.
They make cars out of liquid?
what would be the benefits for that tho?
Imagine if you needed a car for a specific event. Just acquire ownership right before and sell asset after. No messy paperwork, sales tax etc...
Haha that sounds pretty good actually! :D
