Hmm.
Overall interesting concept. As others have raised - the "ipo" price is very relevant - is the 53 Mantle a 2.5M card? Not in my book. Would definitely need a high degree of transparency.
Per OP - "There is also the element of stocks and bonds where they are really just pieces of paper"
By that logic so is every business contract, mortgage, eviction notice, lease, etc. With Stocks those "pieces of paper" are shares of ownership in an ongoing underlying business. Bonds - a legal obligation of an underlying company to return the investment with interest.
Not poo pooing, just approaching realistically - it has possibilities. Not of particular interest to me, but if it were, would need to do much more due dilligence.
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