> ## Documentation Index
> Fetch the complete documentation index at: https://webdeeds.org/llms.txt
> Use this file to discover all available pages before exploring further.

# Introduction

> Welcome to webdeeds, an expiremental API-driven system for creating and trading digital assets.

## Not a Blockchain or Cryptocurrency

Instead of minting tokens on a blockchain, Webdeeds lets you mint, split, transfer, and prove ownership of digital items via an open **centralized** API and **secret swapping** mechanism. Assets can be tickets, certificates, collectibles, anything you want to track and move around.

Why this matters: It lets people hold and transfer value or rights (like tickets, game assets, vouchers, points, etc.) in a portable, interoperable format that works across apps, chat, QR scans, or email.

### Why a centralized ledger?

In *almost* all cases A digital asset is only valuable when some someone agrees to redeem it for behavior in the world. A cosmetic skin in a video game is only valuable because the game designers fulfill an implicit promise; the "owner" of the skin can change their avatar's appearance in-game. Whether asset "ownership" is tracked on a peer to peer ledger or a centralized database has no effect on the game designer's ability or desire to fulfill their side of the bargain. For these kinds of assets blockchains are security theater!

Webdeeds is designed with full acknowledgement of this reality and seeks to gain trust through long term, grass roots community building in hopes of one day becoming an established, open, public utility on the internet.

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## Where to go next

Useful links to get you up to speed

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