LEOX is the native utility token of the Galileo Protocol, a multichain peer-to-peer platform that enables brands, owners, and customers to discover, browse, purchase, and create physical Non-Fungible Tokens (pNFTs). FORBES
These pNFTs represent ownership of physical assets, allowing for the tokenization and fractionalization of tangible items such as luxury goods and real estate. COINMARKETCAP
Key Features of LEOX and Galileo Protocol:
Physical Asset Tokenization: The platform facilitates the creation of pNFTs, enabling users to tokenize physical assets, thereby enhancing liquidity and accessibility. COINMARKETCAP
Fractional Ownership: By allowing fractional ownership, Galileo Protocol lowers the barrier to entry for investors interested in high-value assets, making it possible to own a portion of assets like luxury watches or real estate. COINMARKETCAP
Enhanced Trust and Verification: The protocol provides a network of trust by linking verified partners and existing luxury goods outlets through blockchain technology, reducing the risk of counterfeit goods. COINMARKETCAP