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About Sologenic (SOLO)
Sologenic describes itself as a "sophisticated ecosystem" built atop of the XRP ledger.
It facilitates investing and trading among blockchain assets (cryptos) and non-blockchain assets, such as stocks and commodities futures.
SOLO is the Sologenic ecosystem’s native token. It’s used for market making and liquidity provisioning, according to Messari.
Take Tesla stock, in a given example, per the Sologenic white paper; in this example, TSLA would be presented on the platform as a tokenized stablecoin ("TSLAƨ"). These stablecoins are thus tradable and redeemable against XRP.
"SOLO creates a dynamic bridge between crypto assets and non-blockchain-based assets," Messari said.
Sologenic as of December 2021 was set to airdrop $1 billion of SOLO to XRP holders, it said.
How to buy Sologenic (SOLO)
With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
1. Go to Uphold.com and click sign up.
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
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