TEND to Tokenize Purebred Racehorses in a Pioneer Program
TEND is a daily life venture platform founded on an Ethereum-run blockchain which permits the co-proprietorship of valuable properties. The firm yesterday declared the pioneer collaboration with Highclere Thoroughbred Racing (HTR) to provide a purebred racehorse syndicate, being the pioneer tokenized assets that is exceptional globally.
The syndicate is a collaboration between Marco Abele, founder and CEO of TEND, and Harry Herbert, initiator and leader of HTR. They want to make it possible for members of TEND to plunge themselves in the enthusiasm of races by co-possessing a purebred racehorse.
The Use of Blockchain Technology
The association will be divided into virtual asset-based shares to be transacted on TEND’s stand. The platform will host share-owners as well as a myriad of other facility associates. The syndicate’s usage of blockchain goes a long way in offering a crystal clear account of the history of an asset.
Being one of the most prosperous racehorse syndication firms all over the globe, HRT will expedite the change from property to experience. The professionals in horseracing will supervise the whole enchilada from taking care of and preparing the racehorses to organizing experimental days for virtual asset holders. On the other hand, the management will be tasked with the responsibility of implementing smart contracts on the blockchain.
The Sport of Royals
According to Marco Abele, co-owners of the racehorses will be granted the chance to watch the horses develop through each phase of their lives, from young and enthusiastic yearlings, bursting with prospects and optimism, to a completely mature racehorse.
The spectacular grounds of the Highclere Stud additionally compliments to the vast experience as well as appreciating the magnificent days out during events like the Derby, Royal Ascot as well as the Glorious Goodwood.
On his part, Harry Herbert is of the idea that the collaboration will result in bringing the sport of the royals to a wide range of people, thus turning the dream of owning a winning horse into an actuality. The collaboration is the epitome of that ideal. It therefore seems very natural that the firm partnered with TEND to come up with a truly exceptional and ground-breaking opportunity.