# Objects

Every object:

• has a unique bytes32 id
• can have a parent
• can be tokenized. When an object is tokenized it becomes an internal token and can be traded using the market facet.
• can own internal tokens (other tokenized objects)
• can be paid a distribution in the denomination of any other tokenized object (internal or internalized external token)
• can have an additional data structure associated with it to hold data (Entity, Policy, etc.)
• can belong to a group within the context of another object in the Access Control List (ACL)
• external addresses for contracts(ERC20) or wallets can be referenced in the system by converting the address to bytes32