> For the complete documentation index, see [llms.txt](https://delnorte-terra-vision.gitbook.io/delnorte-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://delnorte-terra-vision.gitbook.io/delnorte-docs/full-representation-of-real-world-structures/design-considerations-for-blockchain-based-representation.md).

# Design Considerations for Blockchain-Based Representation

**Primary Features of the System**

1. **Tokenized Structures for Diverse Asset Types**
   * Assets or entities are represented as **tokens** on a blockchain.
   * Different token types for:
     * Ownership shares.
     * Usage rights (e.g., timeshare tokens).
     * Income distribution rights (e.g., dividend-bearing tokens).
2. **Automated Governance**
   * Voting mechanisms to guide decisions related to management, operations, or asset sales.
   * Token holders influence governance directly, ensuring a decentralized decision-making process.
3. **Secondary Token Offerings (STOs)**
   * Fundraising through token issuance tied to specific goals, such as property acquisition or operational expansion.
   * Escrow mechanisms ensure tokens are only issued upon achieving pre-set fundraising goals.
4. **Buy-Back and Settlement Options**
   * Future settlement dates for buy-backs provide investors with liquidity exit strategies.
   * Mechanisms to enforce buy-backs if predetermined conditions are not met.