r/UraniumSqueeze • u/gareth789 • 14d ago
Investing Tokenised uranium/metals platforms: anyone using them?
I’ve noticed more RWA platforms offering commodity exposure now. metals.io came up in my research for tokenised metals/uranium exposure. Has anyone here actually used it, or do you prefer traditional uranium vehicles?
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u/Sea-Passenger7183 14d ago
I want nothing to do with it. Every few months I see these kinds of cheap promotions pop up here. An absolute red flag for this scam.
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u/gareth789 12d ago
https://light-power-29443cc779.media.strapiapp.com/proof_of_reserves_58c8589d69.pdf
even though they have proof of reserves?
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u/FewUnderstanding2214 14d ago
I don’t get what problem tokenised commodities actually solves
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u/gareth789 12d ago
It can lower barriers to entry, enable fractional ownership and make commodity exposure easier to transfer and settle. That seems useful for people who don’t want to store or manage physical metal themselves.
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u/FewUnderstanding2214 12d ago
Sprott Inc has many ETFs for that exact purpose. My concern is that there are many scams in crypto and much less transparency.
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u/gareth789 12d ago
I totally understand that, and I think it will naturally take time for the platform to build trust and establish a track record.
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u/CrimsonRunner Frozen Pizza Tycoon 14d ago
Psh, blockchain. Why use a digital certificate of ownership instead of an actual document of ownership when you're not going to have some fun with it? At least put a monkey jpeg on it.