Asset-first financing and the creation of new companies
The most ambitious economic change is that productive knowledge might more frequently become a documented starting point for company formation and investment. An identified dataset or invention with legitimate rights and credible buyer demand could support a specialized operating business. That business might finance further engineering, servicing, compliance, marketing and research through appropriate commercial or investment arrangements.
For investors, the advantage would be clearer visibility into the actual intellectual assets underpinning part of a company's business. For inventors, the advantage could be an additional route from narrow technical discovery to a financed enterprise. For society, the advantage could be more independent innovators reaching customers before their work becomes absorbed into a small number of large platforms.
A future mature institution of this kind could be economically significant, but its size must be discussed carefully. Total value of listed assets, market turnover, issuer capitalization, customer productivity gains and BTG's own revenue are five different measurements. They cannot be added into a single figure or presented as one company's worth. A widely adopted infrastructure may support enormous economic activity while capturing a relatively modest fee for operating it.