Are there any restrictions or limitations when using the platform to tokenize assets?
Yes, there are certain restrictions and limitations when using the Immutable X platform to tokenize assets.
Firstly, the platform is only available to users in certain jurisdictions. Currently, users in the United States, Canada, Australia, New Zealand, Singapore and the European Union are able to use the platform. Secondly, only certain types of assets can be tokenized on the platform.
These include digital artworks (such as NFTs), digital collectibles (such as CryptoKitties), and other digital assets such as software licenses and gaming items. Thirdly, users must comply with all applicable laws and regulations when using the platform. This includes any laws or regulations related to anti-money laundering (AML) or know-your-customer (KYC).
Finally, users must also adhere to Immutable X’s terms of service when using the platform. This includes not engaging in any activities that could be considered illegal or fraudulent.
