IRON is well suited for an asset backed token. As can be seen from the table, both IRON and COPPER have annual production in the $100-300 Billion range annually on a global basis. However, financial bets on these GDP growth bets are very different. Whereas Copper financial bets are $ 13,000 Billion annually, Iron financial bets are only $3 Billion. The difference is probably due to the fact that iron rusts and has a lower value pr. ton. These facts creates a fantastic opportunity for investors, if a trusted IRON asset backed token is created.
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