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Polymesh: Revolutionizing Regulated Asset TokenizationThe digital transformation in finance has led to a significant paradigm shift, especially with the emergence of real world assets (RWAs) on blockchain. This evolution not only increases liquidity but also democratizes access to investment opportunities. To understand the scale, an infographic is provided below. Polymesh is a blockchain platform specifically designed to manage and trade regulated assets digitally. The project aims to create an infrastructure for tokenization of Real World Assets (RWA), such as securities, real estate, artwork and more. Polymesh is designed to tokenize assets that are subject to regulation, making it attractive to financial institutions and companies dealing with securities or other regulated assets. The Polymesh team developed the ERC-1400 standard for Ethereum, which went further in terms of providing compliance standards for tokenized assets, but Polymesh is extending that concept for its native blockchain. Team Bill Papp - Chief Executive Officer: Joined Polymesh Association from Arival Bank, where he was CEO and board member. Extensive experience in financial services, including stints at BankProv, Pacific Premier Trust, MEFA, Mizuho Americas, Pacific Crest Securities, Prudential Securities, and Lehman Brothers. He holds a bachelor's degree in business from Michigan State University and a master's degree from Tufts University. Adam Dossa - Chief Technology Officer: He moved from Polymath to Polymesh Association in 2022. He has experience at Morgan Stanley where he worked on trading and regulatory infrastructure development. At Polymesh, he is responsible for technical strategy and blockchain technology development. Nick Cafaro - Head of Product: Responsible for the development of new products and solutions based on Polymesh. Will Vaz-Jones - Head of Partnerships: He is responsible for the education, implementation and management of key partnerships. Moved to Polymath in early 2019 after working in the traditional financial sector where he was an analyst and then held roles in corporate and business development. Graeme Moore - Head of Tokenization: Author of “B is for Bitcoin”. Prior to Polymesh, he was the first employee at Polymath, worked as Creative Director at Spartan Race, and was an associate at Canada's largest independent investment firm. Francis O'Brien (FOB) - Head of Developer Relations: He joined Polymesh after actively participating in the Polymath community since 2017. He has become a key advocate for Polymesh due to his ability to explain the complex technical aspects of blockchain. Prior to that, he worked as an engineer in the oil and gas industry. Robert Gabriel Jakabosky - Head of Applied Blockchain Research: He started programming in high school and then worked at AlphaTrade, a financial services company. At Polymesh, his work is related to blockchain research. Amirreza Sarencheh - Cryptography and Blockchain Architect: His role involves working in cryptography and blockchain architecture. The Polymesh team is a unique combination of experience, expertise and innovative approach, making it exceptionally strong in blockchain technology and financial innovation. It's a really cool team where each member brings their unique contribution, creating synergies towards a common goal of revolutionizing financial services through blockchain. With such a diverse and talented team, Polymesh is at the forefront of innovation, making it one of the most exciting asset tokenization projects to date. Architecture Most general purpose blockchains have a limited set of primitives, forcing functions such as security tokens and their management to be implemented via smart contracts, leading to scalability and performance issues. In Polymesh, financial primitives are integrated at the core of the blockchain, allowing users to operate the network with low predefined costs and enabling developers to build innovative decentralized applications (dApps). Regulated Assets: These are the cornerstone of Polymesh. Leveraging Polymath's experience in creating the ERC-1400 standard, Polymesh aims to balance openness and transparency with compliance with jurisdictional requirements. Identity: Crucial for all actions involving regulated securities. Polymesh makes identity a core element where all actions are performed through an identity rather than a public key. Identities are universal and permissioned, collecting a set of claims or attestations from network-approved or issuer-specific authorities. These claims are used for managing asset ownership, transfer, and other restrictions. Record Keeping: Polymesh records all primary and secondary transfers of security tokens, ensuring that ownership data is transparently captured on the blockchain, which reduces information asymmetry between the issuer and token holders. Capital Distribution: Polymesh allows issuers to distribute cash flows associated with assets by capturing ownership distribution data at fixed times. Distribution can occur on-chain using stablecoins, via external payment receipts, or through a combination of both. Corporate Governance: Polymesh provides tools for corporate actions leveraging blockchain technology, combining transparency with the ability to vote privately, thus reducing the risk of vote manipulation. Stablecoins: Polymesh supports stablecoins to facilitate on-chain activities like cash distributions at a fraction of traditional costs. Stablecoins can be pegged to any currency and issued by adequately licensed and capitalized third parties. Economy Enabling Economy: Nominated Proof-of-Stake (NPoS): This consensus mechanism involves Validators, who are regulated entities responsible for running nodes and processing transactions, and Nominators, who stake POLYX on validators. Validators produce blocks, while Nominators stake on them to enhance network security. Block Rewards: Distributed equally among Validators adhering to protocol rules, with a portion kept by Validators and the remainder distributed to Nominators based on their stake. Bonding Period: Time during which staked POLYX is locked after a withdrawal request, adjustable via governance. Finality: Achieved when more than two-thirds of Validators vote in favor of a block, ensuring quick and trusted finalization. Internal Economy: Network Reserve Funding: Sources include a transfer from Polymath's Ethereum-held reserve, protocol usage fees, and transaction fees. Governance: Managed by the Polymesh Governing Council, with potential future governance by POLYX tokenholders. POLYX Supply: No fixed supply; increases through block rewards, which are also funded by network fees, to support the NPoS mechanism. Enabled Economy: Fee Structure: Transaction Fees: Charged based on transaction size and complexity. Protocol Fees: For specific blockchain functions, set by the Governing Council. Developer Fees: Set by developers for smart contracts/extensions, aiding in ecosystem development. POLYX Utility: Acts as gas for transactions, similar to ETH on Ethereum. Encourages participation in blockchain security through staking. Prevents spam by costing each transaction. Funds ecosystem growth through grants. Facilitates governance decisions by allowing staking for votes. POLY to POLYX Upgrade: A one-way bridge allows POLY token holders to upgrade to POLYX at a 1:1 ratio, with a requirement for identity validation to transact with POLYX. This token economy structure aims to ensure the sustainability, security, and utility of the Polymesh blockchain, tailored specifically for regulated assets with an emphasis on compliance and governance. Polymesh Private Polymesh Private is a private blockchain infrastructure solution from Polymesh designed for institutions that require increased levels of privacy, control and compliance in their blockchain operations. With Polymesh Private, you can restrict access to the network, making it completely private, where only authorized participants have access to data and transactions. Suitable for companies and institutions that want to take advantage of blockchain technology for internal processes while maximizing privacy and control. This can be useful for testing new financial instruments or for transactions that require strict confidentiality. Polymesh's Strategic Partnerships and Innovations 1. Institutional and Regulatory Compliance: Fortuna Digital Custody Ltd.: Fortuna, an esteemed institutional-grade digital asset custodian based in Ireland, has been approved as a node operator for the Polymesh blockchain. This partnership not only extends Polymesh's network into new European markets but also strengthens the blockchain's security and compliance framework by ensuring all node operators are known and regulated entities. This move aligns with Polymesh's commitment to regulated assets and institutional-grade operations. 2. Expanding Utility Across Sectors: TokenTraxx's Music NFTs: TokenTraxx has pioneered the issuance of music NFTs on Polymesh, marking a revolutionary step in the music industry. By leveraging Polymesh's infrastructure, TokenTraxx enables artists like Evan Malamud to directly monetize and distribute their music through NFTs. This initiative not only reduces dependency on intermediaries but also introduces new revenue streams for artists, showcasing Polymesh's versatility beyond traditional financial assets. AlphaPoint's Integration for Asset Tokenization: AlphaPoint, a global leader in digital asset infrastructure, has integrated Polymesh into its platforms for tokenization. This partnership simplifies the process of asset tokenization, offering enhanced security, compliance, and efficiency, particularly suited for regulated financial products. On Chain Listings (OCL) for Real Estate: OCL is transforming real estate transactions in Florida by integrating with Polymesh. This partnership leverages blockchain for AI-driven title verification and monitoring, aiming to reduce fraud and enhance transaction transparency and efficiency. REtokens' Real Estate Tokenization: REtokens has utilized Polymesh to tokenize $30 million in real estate assets, making property investment more accessible and liquid. This initiative demonstrates how Polymesh's features like governance, compliance, and secure settlement can revolutionize real estate investment by allowing fractional ownership and increasing market liquidity. 3. Interoperability and Ecosystem Expansion: ZenCrypto UAB's Equinox Bridge: The launch of the Equinox bridge by ZenCrypto facilitates interoperability between Polymesh and Ethereum, allowing for the seamless transfer and wrapping of assets. This bridge not only enhances the utility of POLYX, Polymesh's native token, but also broadens the network's reach by integrating with one of the largest blockchain ecosystems. 4. Strategic Alliances for Global Influence: Global Blockchain Business Council (GBBC) Membership: Joining the GBBC positions Polymesh at the forefront of policy-making and standard-setting in the blockchain industry, particularly in the realm of tokenized securities and real-world assets (RWAs), fostering greater institutional adoption and regulatory clarity. 5. Enhancing User Experience: Talisman Wallet with Ledger Support: The integration of Polymesh into the popular multi-chain Talisman Wallet, now compatible with Ledger hardware wallets, enhances the security and user experience for managing digital assets on Polymesh, reflecting the growing demand for secure, multi-chain wallet solutions. These developments collectively highlight Polymesh's strategic focus on: Compliance and Security: By partnering with regulated entities and focusing on regulated assets. Innovation: Applying blockchain technology to new sectors like music and real estate. Interoperability: Ensuring Polymesh assets can interact with other major blockchains. Accessibility: Making investment opportunities in regulated assets more accessible to a broader audience. Polymesh is not only expanding its technological capabilities but also its market presence, reinforcing its position as a leader in the tokenization of real-world assets. Conclusion Polymesh has significant prospects for growth, particularly in the context of growing interest in asset tokenization and the need for regulatory compliance. Its specialization in regulated assets, technological innovation and strategic partnerships create a sustainable foundation for future growth and adoption in the global financial market. At the moment, the project looks like Ethereum in its nascent stage. Get ready, tokenization is here, billion dollar companies are getting ready to tokenize via Polymesh! Horban Brothers.
Long
by horbanbrothers
An Analysis and Outlook for the Goldfinch (Deep Research)Goldfinch is a decentralized lending protocol that seeks to expand access to capital by creating a global credit marketplace. Goldfinch aims to bring those who have traditionally been left out of financial services, especially in developing countries, into the credit system. This is accomplished through the creation of a single global credit marketplace where borrowers from startups in Lagos to large institutions in New York can access credit from the same capital markets. RWA Goldfinch plays a significant role in the real world assets (RWA) space in the context of decentralized finance (DeFi) by providing a unique approach to lending. Unlike many DeFi protocols that require cryptocurrency collateral, Goldfinch specializes in providing unsecured loans. This is accomplished through partnerships with real borrowers and organizations that evaluate borrowers' creditworthiness and RWAs, allowing for greater access to credit beyond the cryptocurrency sphere. Goldfinch promotes the integration of traditional finance (TradFi) with DeFi through tokenization of real assets. This not only makes investing in DeFi more accessible and understandable for traditional investors, but also expands opportunities to generate income through real economic activity. The protocol is based on TranchedPool and SeniorPool contracts. TranchedPool divides capital into junior and senior, where junior capital carries the most risk and senior capital is provided through SeniorPool. The CreditLine contract manages loan terms and repayments. Lenders receive ERC721 tokens confirming their right to repay capital and interest. The FIDU token is used to representing shares in SeniorPool, and GFI is used to manage the protocol. UniqueIdentity and Go contracts define user access to protocol features, and Zapper facilitates the movement of funds between pools. GFI tokens are distributed through eirdrops, staking, and rewards for participants. Team Mike Sall and Blake West are co-founders of Goldfinch. Their involvement in the project aims to address financial imbalance by providing access to capital to low-income communities around the world through DeFi's decentralized lending protocol. Their initiative, Goldfinch, aims to serve over 2 million people in 20 countries by focusing on secured loans that are backed and fully secured off-chain. They talk a lot about their mission, discussing growth, improving the user experience at DeFi, and how they believe cryptocurrencies are changing the global economy. Their approach involves extensive user research, looking at various groups including financial giants like Blackrock and Apollo to understand and improve the user experience in the Web3 space. Mark Roszak is listed as an advisor to Goldfinch, a DeFi project focused on providing access to capital to underserved communities. Given his experience, this role likely includes providing strategic advice on compliance, legal frameworks, and possibly business development. Fundraising Undisclosed Round (Feb. 2, 2021) Raised: $1.00M Investors: Coinbase Ventures: Venture arm of Coinbase, one of the largest cryptocurrency exchanges, focusing on early-stage startups in blockchain and cryptocurrencies. IDEO CoLab Ventures: Known for investing in companies using technology to solve social and environmental problems. Variant: A venture capital firm focusing on crypto and blockchain technologies. Stratos Technologies: A blockchain infrastructure company. Robert Leshner: Founder of Compound Finance, bringing significant experience to DeFi. Kindred Ventures: Focuses on early stage startups in the technology sector. This round was key to establishing an initial base, likely used to develop core technology and initial market testing. Seed Round (June 16, 2021) Raised: $11.00M Investors: Andreessen Horowitz (a16z): Lead investor in this round, known for his significant investments in blockchain and technology startups. Balaji Srinivasan: Former CTO of Coinbase, a well-known figure in the crypto space. Divergence Ventures: Venture capital focused on crypto and blockchain. SV Angel: An early stage investment fund. a_capital: Venture capital specializing in crypto and blockchain. Ryan Selkis: Founder of Messari, a cryptocurrency market intelligence platform. This Seed round would be key to scaling operations, expanding the team, and possibly starting to deploy the protocol in the real world. Series A (Jan. 6, 2022) Raised: $25.00M Investors: Andreessen Horowitz (a16z): Leading round again, showing strong support. OrangeDAO: Decentralized venture fund. Kingsway Capital: Venture capital with interests in blockchain. Blocktower Capital: Hedge fund and investment company, focused on cryptocurrency. Stratos Technologies: A returning investor indicating confidence in the direction of the project. A Series A round usually signifies a project's willingness to significantly expand its operations, improve its technology, and possibly enter new markets or improve its current market presence. Key Points: Repeated investments from companies like a16z and Stratos Technologies indicate a strong belief in Goldfinch's mission and technology. The mix of traditional venture capital, crypto-focused funds, and individual investors with significant influence in the DeFi space shows the broad appeal and potential of Goldfinch. Each round seems to have been used strategically to build, scale and expand the project, in line with typical startup growth phases but tailored to the unique needs of the DeFi protocol. Tokenomics Initial offering: 114,285,714 GFI tokens. There is currently no inflation, but it is believed that the introduction of moderate inflation in three years could benefit the protocol by rewarding future participants. This will ultimately be decided by the community. Token distribution Liquidity Providers (16.2%): Early Liquidity Provider Program (4.2%): Early Liquidity Provider tokens for early capital contributors, with unlocking for 6 months starting January 11, 2022, and a 12-month transfer restriction for U.S. participants. Retroactive Liquidity Provider Distribution (4.0%): For 5,157 liquidity providers as of the December 14 snapshot, excluding the early program, with various unlocking terms ranging from immediate to 12 months depending on the contribution. Senior Pool Liquidity Mining (8.0%): For ongoing liquidity mining, details in the Liquidity Mining section. Backers (8.0%): Flight Academy (3.0%): For 10,182 participants outside the US, with unlock schedules ranging from immediate to 24 months. Backer Pool Liquidity Mining (2.0%): Tokens are distributed as interest is paid, with retroactive distribution for existing backers. Backer Staking (3.0%): For future staking by backers, not yet implemented but expected to be offered soon. Auditors (3.0%): Reserved for future Auditors systems, not yet implemented. Borrowers (3.0%): Reserved for possible future distribution to borrowers. Contributors (0.65%): For those who have made significant contributions to the community, following a similar unlock schedule as Flight Academy. Community Treasury (14.8%): For community decision-making such as grants, adjusting minutes, and covering loan defaults. Early and Future Team (28.4%): For initial team, advisors, and contractors, with various unlocking schedules. Warbler Labs (4.4 %): For a separate Goldfinch-based organization, with a 3-year unlock schedule. Early Supporters (21.6%): For 60+ early investors who contributed $37 million, with a 3-year unlock schedule, initial lockup, and transfer restrictions. Airdrop In January 2022, Goldfinch held its first major airdrop of GFI tokens. This airdrop was aimed at rewarding early adopters who actively supported and utilized the platform prior to the launch of the GFI token. Participants who contributed to the ecosystem received GFI tokens based on their activity and contribution. Criteria for participation in this airdrop included: Conducting transactions on the platform. Participating in lending or investing. Active participation in the community, for example through discussions and suggestions for improving the platform. In total, about 15% of the total GFI offering was distributed to the participants of this airdrop. This helped to create an initial base of token holders interested in further development of the project. During 2022, Goldfinch also conducted several airdrops aimed at attracting new users to the platform. These airdrops were aimed at incentivizing registration, platform usage, and lending participation. Participants had to complete certain actions such as: Registering and creating an account on the platform. Conducting their first transaction or investing in lending pools. Participating in GFI token staking. These airdrops helped to expand the user base and increase the number of active participants on the platform. Market Data Active Loans in the context of Goldfinch refer to loans that were issued by the protocol and are currently outstanding, meaning they have not been fully repaid or charged off. Active loans are part of what Goldfinch calls borrower pools. Each pool represents the loan terms, interest rate and repayment schedule for a single borrower. Investors can contribute capital to these pools, effectively becoming lenders. These loans are designed to make a tangible impact by financing businesses that may not have access to traditional banking services or capital markets, especially in regions of low financial accessibility. Regarding TVL, the value continues to hold in the neighborhood of $70-80 million. This is the amount that investors and platform members have put into loan pools, including both senior and junior tranches, to lend to real businesses, especially in emerging markets. This figure suggests that Goldfinch has significant support from the DeFi community, enough to sustain lending operations. However, to fully understand it, one should compare this TVL with other DeFi protocols, consider its dynamics over time, and analyze how this figure relates to loan volume, interest rates, and defaults. Such TVL may attract additional attention to the platform, both from potential investors and analysts, as it is an indicator not only of financial stability, but also of the potential for further growth and development. Blockchain According to our blockchain research we were able to determine that the project's investors still have not sold their assets and received their tokens from cryptocurrency exchange Coinbase. Angel investors also received their tokens and continue to hold them. Over the past week, a major player has become active and continues to buy coins at the market price. He has a total of about 10 wallets with a growing number of GFI coins. All wallets look like this. To summarize from a blockchain perspective, Goldfinch has a good and sensible distribution of tokens among the big players. They will be the key price drivers, so you should pay attention to their transactions. Conclusion Goldfinch is focused on the RWA sector, which is expected to show strong growth during the current bull market. With DeFi rapidly evolving and gaining more attention, Goldfinch is at the forefront, offering a unique platform to bridge traditional finance and blockchain technology. Innovative model Goldfinch, based on tokenizing real assets and integrating them into the DeFi ecosystem, opens new horizons for investors and borrowers. The platform not only provides access to credit, but also creates a bridge between traditional and decentralized finance, allowing investors to participate in the growth of the RWA sector through a transparent and automated smart contract system. In the current bullrun, where the RWA sector is starting to play an increasingly important role, Goldfinch is well positioned to become a key player, providing market participants with unique opportunities to grow and diversify their portfolios. The Protocol is ready to take a leading role in shaping the new financial landscape, offering solutions that not only meet current trends, but also pave the way for the future development of the global financial system. Best wishes, Horban Brothers!
Long
by horbanbrothers
UPDATE on my IO post: This asset is infested with WHALE!Fundamental Developments Limited Development Activity: While no major product launches or upgrades have been announced in recent months, IO.net has maintained its focus on decentralized AI. Recognition by CB Ventures: IO.net was featured in CB Ventures' Crypto x AI Stack, highlighting its role in decentralized AI and machine learning compute solutions. This recognition could enhance IO.net’s credibility in the crypto and AI communities.
Long
by osodatsismoso
Aethir Project Overview: $ATH going All time high?Project description: Aethir ( TSX:ATH ) is a decentralized infrastructure protocol that focuses on providing real-time data and computational resources for gaming and metaverse applications, aiming to create scalable, low-latency solutions using blockchain technology. Type of project: Decentralized infrastructure for gaming and metaverse applications. Is it under a block?: Yes, Aethir operates on the Ethereum blockchain and plans to expand to other compatible blockchains, providing its services through a decentralized network powered by TSX:ATH tokens. Latest update or news: As of November 7, 2024, Aethir announced its Compute Node Partnership Program, which incentivizes participants to contribute computing resources to support gaming and metaverse applications on the Aethir network. Narrative: Gaming infrastructure, metaverse, decentralized computational resources, and blockchain-based real-time data solutions. Unlocks Data for Aethir ( TSX:ATH ): 1. Upcoming Unlock: Next Unlock Event: Scheduled for November 10, 2024, with an unlock of 4 million ATH tokens. Percentage of Circulating Supply: This release constitutes approximately 0.02% of the current circulating supply. 2. Rate of Token Released to Circulation: Next 7 Days (November 7 – November 14): 4 million ATH tokens, or approximately 0.02% of the circulating supply. Next 30 Days (November 7 – December 7): Cumulative unlocks totaling 12 million ATH, approximately 0.06% of the circulating supply. 3. Total Unlocked: Total Unlocked Tokens: 3 billion ATH, which represents approximately 7.14% of the maximum supply of 42 billion ATH tokens. 4. All Upcoming Unlocks in the Future: November 10, 2024: 4 million ATH December 10, 2024: 4 million ATH January 10, 2025: 5 million ATH 5. Vesting Analysis for Aethir ( TSX:ATH ): Aethir’s token vesting is structured to ensure gradual and stable distribution: Compute Node Incentives: 50% allocation, distributed over 5 years to support long-term infrastructure growth. Team and Advisors: 15% allocation, vested over 3 years to align with project milestones. Ecosystem Development: 15% allocation, released based on project expansion and strategic partnerships. Investors: 10% allocation, unlocked gradually to mitigate sell pressure. Community and Airdrops: 10% allocation, provided to early adopters and supporters to encourage platform adoption.
Long
by osodatsismoso
1
A Paradigm Shift in Onchain Credit Systems TrueFiTrueFi represents a pioneering leap in the realm of decentralized finance (DeFi), specifically tailored to enhance the ecosystem of onchain credit. Launched in November 2020, TrueFi has established itself not merely as a platform but as a modular infrastructure designed to facilitate and innovate the mechanics of credit in the blockchain environment. At its core, TrueFi serves as a nexus, intricately weaving together various stakeholders in the credit market through the use of sophisticated smart contract technology. This system is governed by the TRU token, which plays a pivotal role in the governance and operational mechanics of the platform. Here’s how it functions: Lenders: Individuals or entities looking to earn interest on their capital by lending it out in a secure, transparent blockchain environment. Borrowers: A diverse group, including but not limited to crypto-focused institutions, traditional fintech companies, trading entities, and credit funds seeking capital. These borrowers benefit from the flexibility and accessibility of funds without the conventional barriers presented by traditional banking systems. Portfolio Managers: These are key players who manage loan portfolios, optimizing for risk and return, thereby ensuring the health and profitability of the lending pools. Loan Origination: Since its inception, TrueFi has successfully originated loans amounting to over $1.7 billion, spread across more than 30 borrowers. This figure not only highlights the platform's capacity to handle substantial financial throughput but also underscores its growing acceptance and trust within the DeFi community. TrueFi’s design as a modular infrastructure allows for scalability and adaptability, crucial in the fast-evolving blockchain landscape. This modularity ensures that TrueFi can integrate with various other DeFi protocols, enhancing its utility and extending its reach across different aspects of onchain financial services. Team Raphael Kosman is a co-founder who plays a significant role in TrueFi's strategic direction and technical development, given the typical responsibilities of co-founders in tech startups Tory Reiss - also a co-founder and has been involved in shaping the company's vision, business model and partnerships, given the collaborative nature of founding teams. Jai An - Jai An's role as another co-founder covers various aspects of the business, from technology to business development, contributing to TrueFi's core functionality and expansion. Stephen Cade - as a co-founder, Stephen will play an important role in TrueFi's start-up and current growth phases, focusing on product and technology. Alex de Lorraine - as CEO, Alex leads the company, driving its strategic vision, operational efficiency and market positioning in the DeFi space. Bill Wolf - as CIO (Chief Investment Officer), Bill oversees investment strategies and manages the lending and borrowing arrangements that are central to TrueFi's operations. Diana Bouchard - serves as General Counsel and handles legal matters to ensure TrueFi's compliance with relevant regulations and laws, which is critical for the financial and blockchain sectors. Esben Svane Stockmarr - Advisor, he can advise on strategic decisions, bringing in experience from other sectors or specific market knowledge. Ichiro Minamikawa is also listed as an advisor. Ichiro may contribute to TrueFi's strategy in terms of market expansion, technology partnerships or other specialized advice. Dovey Wan - As an advisor, who is active in the blockchain and cryptocurrency community (as noted in X's posts about her involvement in various discussions and personal anecdotes in the crypto space), is likely to bring insight into market trends, community engagement, or even technological innovation in the blockchain ecosystem. The composition of the team demonstrates a combination of technology, finance, legal and strategic advisory experience, which is critical for a platform like TrueFi that operates at the intersection of finance and blockchain technology. This team structure is designed to navigate the complexities of decentralized finance, driving growth, compliance, and innovation in collateral-free lending. Fundraising Total Raised $ 32.50M Andreessen Horowitz (a16z) - Known for its significant investments in tech and crypto sectors, a16z has participated in TrueFi's funding, indicating strong venture capital confidence in TrueFi's model. Jump Trading and Jump Capital - Both entities are involved, showcasing interest from trading firms that might benefit from or contribute to the DeFi lending ecosystem. BlockTower Capital - A cryptocurrency investment firm that has backed multiple rounds for TrueFi, suggesting a strong belief in the project's potential within the DeFi space. Distributed Global - Another venture capital firm focusing on blockchain technologies, indicating TrueFi's appeal to specialized crypto venture funds. Slow Ventures - This firm has also invested, known for backing tech startups at various stages. Foundation Capital and DHVC (Danhua Capital) - These investments reflect a broader interest from venture capitalists in extending TrueFi's capabilities or integrating its technology into broader financial services. Alameda Research - Before its known issues, Alameda was involved in private sales, illustrating early interest from major crypto trading entities. GGV Capital - A firm with a global perspective, investing in local and global tech companies, which might be looking at TrueFi's expansion or integration capabilities. Private and Strategic Rounds: TrueFi has gone through various rounds of funding, including private sales and strategic rounds. These rounds are not just about raising capital but also about aligning with strategic partners who can contribute to the ecosystem's growth, technology, or market access. Token Sales: While not traditional ICOs, the sale of TRU tokens serves as a form of fundraising where tokens are used for governance and to incentivize participation in the TrueFi lending protocol. This method leverages the community's direct involvement in the protocol's success. Focus on Real-World Assets (RWA): The introduction of Trinity, as mentioned in recent developments, focuses on lending against tokenized real-world assets. This initiative could potentially open up new avenues for fundraising by attracting investors interested in combining traditional finance (TradFi) with DeFi. Tokenomics Incentive Distribution: 39.00% Tokens: 565.50 M TRU Dedicated to rewarding community engagement and ecosystem growth, this slice of the pie incentivizes participation and long-term commitment. Private Sale: 28.50% Purpose: Early investment rounds that fuel initial development and market entry strategies, ensuring the project has the necessary resources to thrive. Team & Management: 18.50% Investment in Talent: Allocated to the visionaries, developers, and managers who turn concepts into reality, this ensures the team's interests are aligned with the project's success. Grants / Company: 9.50% Innovation & Expansion: These funds are set aside for grants aimed at fostering innovation, research, community projects, and the overall expansion of the company's reach. Future Team: 4.50% Future-proofing Talent: Reserved for future hires, this allocation allows for the continuous attraction of top-tier talent as the project evolves. This allocation strategy not only supports the immediate operational needs but also invests in the future growth and community engagement, ensuring a balanced approach to token distribution. Blockchain Ironically, the largest holders of TRU are two of the most famous crypto exchanges - Binance and Coinbase. Two whales have recently emerged that have accumulated 1.9% of the entire issue each. This indicates insider information within the project and quite large purchases at market price! A number of well-known companies (Circle, Worldcoin and others) also have a large amount of TRU on their wallets. This indicates its continued widespread use in the community and among the cryptocommunity. GSR have already listed their tokens on the exchange to pump up the price, this explains the above mentioned about the large number of tokens on the exchange. Conclusion The project is very promising from the point of view of community use, as well as from the point of view of asset price growth. GSR market maker knows how to pump up such projects, moreover, the issue of tokens on exchanges is almost equal to the issue in the hands of GSR. The percentage of tokens in the same hands is off the charts! The team continues to actively develop the project, as well as working on integrations into all possible areas of economics and crypto. The whales have finished accumulating, the breakthrough is very soon. Buckle up! Best wishes, Horban Brothers!
Long
by horbanbrothers
3
PROPS Primed for Breakout!I believe this one will significantly outperform $ONDO. I haven’t posted many LSE:RWA projects lately since they’ve been slower compared to #memes and #AI-based coins. However, this one has just printed a daily bullish signal, flipping the August open and showing solid consolidation ahead of a probable breakout from the trendline. I’d prefer to see a weekly trend confirmed this week; it’s easier to achieve than next week, which would require a massive candle. ------------------------------------------------- I’ll be looking to buy any retraces closer to 12 cents or on a breakout of the trendline, as the daily trend is already active. This one has a market cap of only 50 million and hasn't been listed on any major exchanges yet. I like the price action, and it’s significant enough to post here on TradingView. $PROPS
Long
by ZelfTrade
I added RIO for the long termThe major narratives of this cycle are AI, GameFi and RWA but I see too many people talking about the first twos and few about the last one. I'm trying to have a bit of everything in my portfolio although I'm adding small bags because unfortunately I've already spent the majority of my money. You can see on 4h that price is in a bullish falling wedge and this is more or leass what I'd expect from it. On Daily the bullish structure is more clear: and the upper wick indicates that price should go up again on daily timeframe. On weekly the worst I could expect is a drop of a 12% from my entry price (blue line). RIO has less than 8 mil USDT as market cap, this can easily go 20x during altseason. I think it's worth risk. So far RIO goes with CREDI and SOIL in my RWA bag. Good luck
Long
by Shotokhan
6
UBXS by BIXOS: Your next $RIO. Tokenizing Realty~!Project description: UBXS is the native utility token of the Bixos ecosystem, which focuses on merging blockchain technology with real estate investments, enabling users to invest in tokenized real estate assets while benefiting from decentralized finance (DeFi) services. Type of project: Real estate tokenization and DeFi platform. Is it under a block?: Yes, UBXS operates on Binance Smart Chain (BSC), facilitating real estate investments, staking, and governance within the Bixos ecosystem. Latest update or news: As of July 2024, Bixos launched its Real Estate Tokenization Platform, allowing users to purchase fractional ownership of real estate properties using UBXS tokens, increasing accessibility to real estate markets for smaller investors. Narrative: Real estate tokenization, decentralized finance (DeFi), and blockchain-based asset ownership. Why is it a good investment? Institutional Backers and Angel Investors: Binance Labs: Binance Labs has supported the development of UBXS and the Bixos platform due to its innovative approach to real estate tokenization and the use of blockchain technology to disrupt traditional real estate markets. Pantera Capital: Pantera Capital has backed the project, seeing the potential of Bixos to tokenize real-world assets, particularly in the high-value real estate sector, which opens up new opportunities for investors. Framework Ventures: Framework Ventures has invested in UBXS, recognizing its integration of decentralized finance with real estate, creating a new form of asset-backed tokens for the DeFi space. Angel Investors: Sandeep Nailwal (Co-founder of Polygon): Nailwal has shown interest in the use of blockchain to tokenize real-world assets like real estate, though no direct investment in UBXS has been confirmed. Meltem Demirors (CoinShares): Demirors, a strong advocate for tokenization of assets, has expressed support for projects that bridge traditional industries with blockchain, aligning with UBXS’s goals of real estate tokenization. Futuristic Use Case: Tokenization of real estate: UBXS allows users to purchase fractional ownership of real estate properties through tokenization, making real estate investments accessible to a broader audience and providing liquidity to an otherwise illiquid asset class. DeFi integration for real estate assets: Through the Bixos platform, real estate-backed UBXS tokens can be used for decentralized finance services such as staking, lending, and yield farming, creating new ways to generate income from tokenized assets. Cross-border real estate investments: By tokenizing real estate, UBXS enables investors from around the world to participate in property investments that were traditionally limited by geographic and financial barriers, democratizing access to the real estate market. Governance and decision-making: UBXS token holders can participate in governance decisions regarding the Bixos platform, including voting on new real estate projects, platform upgrades, and changes to the tokenomics, giving users a say in the direction of the ecosystem. Why will it make a significant amount of profits? Unique competitive edge: UBXS combines real estate tokenization with decentralized finance, offering users the ability to invest in real-world assets while benefiting from the liquidity and financial services provided by DeFi, making it a strong competitor in both the real estate and DeFi spaces. Growing demand for tokenized real estate: As more investors seek to diversify their portfolios with real estate, the demand for tokenized real estate solutions like UBXS will grow, driving the value of the platform and the $UBXS token. Revenue from real estate-backed DeFi services: UBXS generates revenue through its staking, lending, and yield farming services, which allow token holders to earn passive income from real estate-backed assets, driving long-term utility and demand for $UBXS tokens. Expansion into new markets: As Bixos expands its real estate tokenization platform into new markets and properties, the demand for UBXS tokens will rise, as more users seek to participate in fractional ownership and DeFi services related to real estate investments.
Long
by osodatsismoso
2
MBD financials or $MBD: Metaverse get's pumped by RWA.Project description: MBD Financials ($MBD) is a decentralized financial platform focused on providing financial services like lending, staking, and asset management through blockchain technology, targeting both retail and institutional users with transparent and secure DeFi solutions. Type of project: Decentralized finance (DeFi) platform offering financial services such as lending, staking, and asset management. Is it under a block?: Yes, MBD Financials operates primarily on Ethereum and other compatible blockchains, leveraging smart contracts to facilitate decentralized lending, staking, and asset management services. Latest update or news: As of July 2024, MBD Financials launched its Institutional Asset Management Suite, allowing institutions to securely manage and invest digital assets through decentralized protocols, further expanding the utility of the $MBD token. Narrative: Decentralized finance (DeFi), institutional asset management, and blockchain-based financial services. Why is it a good investment? Institutional Backers and Angel Investors: Pantera Capital: Pantera Capital has backed MBD Financials for its potential to bridge traditional financial services and decentralized finance, particularly with its focus on institutional asset management. Framework Ventures: Framework Ventures has invested in MBD Financials due to its innovative approach to asset management and DeFi services, seeing the platform as a key player in providing blockchain-based financial solutions for both retail and institutional investors. Coinbase Ventures: Coinbase Ventures has also supported MBD Financials, recognizing its ability to integrate decentralized finance with traditional financial services, offering a secure and transparent solution for investors. Angel Investors: Chris Dixon (a16z Crypto): Dixon has expressed interest in DeFi platforms that target both retail and institutional investors, making MBD Financials a potential match for his investment focus, though no direct investment is confirmed. Michael Novogratz (CEO of Galaxy Digital): Novogratz has voiced his support for decentralized finance platforms, and while there is no confirmed direct investment in MBD, the platform aligns with his vision for blockchain-based financial services. Futuristic Use Case: Decentralized asset management for institutions: MBD Financials allows institutions to securely manage and invest in digital assets through decentralized protocols, providing a transparent and efficient alternative to traditional asset management services. Lending and staking services: MBD Financials offers decentralized lending and staking services, enabling users to earn interest on their digital assets while participating in the DeFi ecosystem, all through secure smart contracts. Cross-chain financial services: MBD Financials is exploring cross-chain capabilities, allowing users to access DeFi services across multiple blockchain networks, improving liquidity and expanding the platform's reach to more assets and users. Integration with traditional finance (TradFi): MBD Financials aims to bridge the gap between DeFi and TradFi by offering decentralized financial services that integrate with traditional banking systems, allowing for easier onboarding of institutions into the DeFi ecosystem. Why will it make a significant amount of profits? Unique competitive edge: MBD Financials combines decentralized finance with traditional financial services, targeting both retail and institutional investors. Its focus on asset management gives it a competitive edge over other DeFi platforms that primarily focus on lending and staking. Growing demand for institutional DeFi solutions: As institutional interest in DeFi grows, MBD Financials is positioned to capture a significant share of this market by providing secure, transparent, and efficient financial services for institutional investors, driving demand for $MBD tokens. Revenue from lending and staking services: MBD Financials generates revenue through its decentralized lending and staking platforms, allowing users to earn interest on their assets while driving demand for $MBD tokens as a key utility in the ecosystem. Integration with traditional finance (TradFi): By integrating decentralized finance with traditional financial services, MBD Financials attracts both crypto-native users and institutional investors, expanding the platform's user base and increasing the value of $MBD tokens over time.
Long
by osodatsismoso
SOIL $SOIL of Blackrock: The BUIDL project.Project description: SOIL is a decentralized platform focused on regenerative agriculture and sustainability, utilizing blockchain technology to promote transparency, carbon offset trading, and sustainable farming practices through tokenized assets. Type of project: Sustainability and regenerative agriculture with blockchain integration. Is it under a block?: Yes, SOIL operates on Ethereum and other compatible blockchains, using smart contracts to track carbon credits and facilitate trading in the sustainability sector. Latest update or news: As of August 2024, SOIL introduced its Carbon Credit Marketplace, enabling farmers and businesses to tokenize and trade carbon offsets, further driving adoption of sustainable agricultural practices through blockchain. Narrative: Sustainability, regenerative agriculture, carbon credits, and blockchain-based environmental solutions. Why is it a good investment? Institutional Backers and Angel Investors: Consensys: Consensys, a blockchain development firm, has backed SOIL for its innovative approach to integrating blockchain with sustainability and regenerative agriculture, focusing on the carbon credit market. Vital Capital: Vital Capital, an impact investment firm, has supported SOIL, recognizing its potential to drive environmental and social impact while creating a tokenized market for carbon credits and sustainable farming. Parafi Capital: Parafi Capital has invested in SOIL to further explore how blockchain can disrupt the sustainability and carbon offset markets, especially through decentralized infrastructure. Angel Investors: Meltem Demirors (CoinShares): While not a direct investor, Demirors has spoken in favor of projects like SOIL that focus on blockchain-based sustainability and carbon markets, aligning with the broader ESG movement. Sandeep Nailwal (Co-founder of Polygon): Nailwal has expressed interest in blockchain projects that tackle environmental issues, and while no direct investment is confirmed, SOIL’s focus on sustainability resonates with his support for blockchain’s role in environmental solutions. Futuristic Use Case: Carbon credit trading on blockchain: SOIL enables the tokenization of carbon credits, allowing farmers and businesses to trade these credits transparently on the blockchain. This democratizes access to carbon offset markets and drives sustainable practices globally. Regenerative agriculture incentives: Through blockchain-based rewards, SOIL incentivizes farmers to adopt regenerative agriculture techniques, offering tokenized rewards for sustainable practices and promoting environmental stewardship. Blockchain-based supply chain transparency: SOIL provides a transparent system for tracking the origins of agricultural products, ensuring that they are produced using sustainable methods, which can appeal to environmentally conscious consumers and businesses. Integration with DeFi and ESG finance: SOIL is positioned to integrate with decentralized finance (DeFi) to create financial products centered around sustainability, allowing investors to earn returns while supporting environmental projects through tokenized carbon credits and ESG-driven investments. Why will it make a significant amount of profits? Unique competitive edge: SOIL is one of the few blockchain projects focused specifically on regenerative agriculture and carbon credits, giving it a unique position in the sustainability and environmental finance markets. Growing demand for carbon credits and sustainability solutions: As global businesses and governments prioritize sustainability and carbon neutrality, the demand for transparent and efficient carbon credit trading solutions will grow. SOIL’s blockchain-based approach offers a more secure and transparent method of trading carbon offsets, which will drive adoption. Revenue from carbon credit marketplace: SOIL’s Carbon Credit Marketplace allows users to trade tokenized carbon credits, generating transaction fees and ensuring a consistent revenue stream as businesses and individuals increasingly engage with carbon markets. Long-term integration with ESG investments: As environmental, social, and governance (ESG) investments become more prominent, SOIL is well-positioned to integrate its platform into ESG-driven financial products, attracting institutional investors focused on sustainability, thus increasing demand for MIL:SOIL tokens. Now, follow me for more data and research like this. If you want my format of research please just ff me here on Tradingview. I have docs and papers in Google Docs for more aggressive research waiting to be posted.
Long
by osodatsismoso
ONDO BREAKOUT Since the beginning of June ONDO has been in a downtrend that saw a -66% move to the downside. Now 111 days later price has broken out of the trend channel, showing a +15% move from the breakout. The daily candle is currently trying to close above the 1D 200EMA, a convincing close above the MA would be extremely bullish having now cleared the major resistances and the trend is flipping bullish. Bullish targets would be: - Local high (LTF) $0.808 - Daily resistance (1D) $0.901 - Key S/R level (1D) $1.048 - ATH $1.50 Stop Loss: - Local low (downtrend continuation) $0.58 ONDO being one of the standout RWA projects has a great R:R here for the next 6-12 months. Definitely a coin worth keeping an eye on.
by ProR35
2
Integration of RWA---- MKRIf you think we're still in a bull market and want to find a track for Alpha, then RWA must be the place with better soil and fertilizer. The near-listing of the ETH ETF and the impending easing of monetary policy will provide a large amount of funds for the crypto. These funds are mainly asset management companies and enterprises. They will look for compliance risk targets to increase their crypto positions. Apart from directly holding BTC and ETH, what I can think of is the RWA track. Probably in the last few weeks, you can see an increase in the number of news mentions about RWA on social media. Some asset management companies that issue BTC ETFs have begun to get involved with RWA. We mentioned the leading projects in the RWA track a few months ago, such as MKR and ONDO. But unlike at that time when they were fighting separately, today's RWA track is becoming more and more integrated as a whole. Today, let’s take another look at MKR. As one of the protocols with the highest revenue in the crypto market, MakerDAO received an impact from the challenger ONDO in 2024, and due to miscalculation and increased USDe positions, many DeFi protocols increased their vigilance towards DAI. This has also caused the price of MKR to enter a continuous decline since April. Aging and opposition do not lead to improvement. Recently, MakerDAO changed its original strategy and expressed its willingness to use US$1 billion in investment and US Treasury bond products from its treasury. The move attracted a number of RWA protocols, including BlackRock and original contender ONDO. The market interpreted this as MakerDAO’s strategy for ONDO changing from confrontation to complementarity. Benefiting from this, MKR prices have rebounded in recent days. After talking about the changes in fundamentals, let’s take a look at the reaction on the indicators. Earlier than MKR’s policy change, the TSB indicator prompted a BUY signal on July 11. After that, MKR started an upward trend and broke through the 4h-high of 2600. The current column is far away from the wavy area of the TSB indicator, and the bullish trend is healthy. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
Perfect Pullback!The areas I am interested in for a long trade would be around $0.90 cents to retest the weekly or flipping $1 into support. Targets for both would be the Value Area High of the upper range. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
4
VETUSDT : VeChain Breaks Out of Descending Trendline VeChain is currently at a critical point, showing signs of potential upward movement and a strong support base. The chart indicates a recent upward trend following a prolonged decline. Resistances and Support: Resistance I: Around $0.02850, where the price might face difficulties breaking through. Resistance II: Near $0.03355. Support: Located at $0.02037, an important level that could hold the price in case of a decline. The Stochastic RSI shows that VET is currently in an overbought zone, which could indicate a possible short-term correction. Fibonacci levels suggest potential areas of support and resistance. The 0.618 level at $0.04772 is particularly important for the continuation of the upward trend. VeChain has stood out with strategic partnerships including companies like BMW, Walmart China, and major telecommunications operators such as AT&T, T-Mobile, and Verizon. These partnerships are focused on areas such as supply chain tracking, food safety, and preparation for 5G networks (Crypto News Flash). Recently, analysts predicted significant upside potential for VET, with estimates that the price could reach $1.80 by October 2024, based on detailed Fibonacci analysis and other technical indicators. VeChain has also launched important technological products such as the VeWorld Mobile wallet and the VORJ digital asset platform, promoting the adoption of Web3 technology
Long
by ferulianov
LOW CAP GEMS - DIMITRA (DMTR)In this series I will be breaking down and analysing projects that are <$100m in market capitalisation (at time of post). - PROJECT OVERVIEW Dimitra Incorporated is a global Agtech company with a mission to help smallholder farmers across the world. Operating on the Ethereum blockchain, the name derives from Demeter, the Greek Goddess of the harvest and agriculture. Dimitra works with governments, government agencies, NGOs, and for-profit organizations. The Dimitra platform is built on blockchain technology and incorporates mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics, and advanced farming research. Through our data driven approach, Dimitra helps farmers increase yields, reduces expenses, and mitigates risk. Dimitra believes that every smallholder farmer, regardless of economic standing, should benefit from simple, beautiful, and useful technology. With 100K+ users currently and growing it's the largest cryptocurrency to deal with agriculture of it's kind. - ROADMAP Dimitra has ambitious and impactful goals. The goal is to grow our platform to 100 million smallholder farmer users within the next 4-years. They already have agreements in place with 8 countries but there is a long way to go to reach their goal. - TEAM Dimitra has 123 team members in total including CEO and Founder Jon Trask. He is the winner of the 2023 Government Blockchain Association Annual Achievement Award in the “Social Impact” Category! - PARTNERSHIPS Global projects operating in 14+ countries with partners in 68 countries. In terms of exhange listings they are partnered with one tier-1 exchange in Kucoin, as well as Gate.IO, BitMart, Bittrex, Uniswap and more. However, they are not listed on Binance or Coinbase, once this does happen it will open up the opportunity for a much larger population of potential buyers. - PRICE TARGETS It's easy for people to throw outlandish price targets out there in the world of crypto without much reference to how they got to that conclusion. I prefer to compare Market Caps in order to derive token prices. Looking back at the previous Bullrun, alts hit very high MarketCaps before falling back to 'fair value'. For this I'll use current MCap and Bullrun MCap for a guide, DMTR is currently #484' on MCap: - Oraichain (ORAI) #343 Price target: $0.35 (2.1x) - PAAL AI (PAAL) #226 Price target: $0.49 (x2.95) -Ocean protocol (OCEAN) #135 Price target: $1.05 (x6.24) - Fetch.ai (FET) #51 Price target: $4.43 (x26.33) - Cardano (ADA) #10 Price target: $33.74 (x197.65) I've used other AI projects and a top 10 crypto to show how DMTR could move up the leaderboard and what that would mean for token price. - SUMMARY Dimitra is an exciting project with genuine real world value, aiming to tackle a very important problem we have on this planet and that's providing Food to the increasing population of earth. The tokenomics could be better as there is only 41% circulating supply, however with a growing interest by large entities such as BlackRock for RWA's and AI projects we could see a considerable investment in a project like DMTR in the future. Having broken out of a multiyear accumulation phase recently I think DMTR will be a very strong performer - RATING 8/10 - SOURCES/b] dimitra.io coinmarketcap.com marketcapof.com
CRYPTO:DMTRUSD
by ProR35
Parcl $PRCL - RWA gem on SOLParcl (PRCL) is a decentralized real estate project built on the Solana blockchain. It allows users to invest in digital square feet of real estate in various cities around the world. The Parcl project provides tools for speculation and hedging in the real estate market by offering indices for various cities. Users can trade debt or short positions depending on their forecasts for rising or falling real estate prices in selected cities. A key element of the Parcl ecosystem is the PRCL token, which serves to manage the protocol and provides various benefits to holders, such as voting rights in protocol management decisions and access to improved data and trading incentives within the ecosystem. The Parcl project has attracted attention due to its unique concept of allowing users to invest in real estate digitally and the ability to trade in the real estate market using blockchain technology. Team The Parcl team is a diverse group of people with experience in a variety of fields including Wall Street, big tech, and PhD-level research. The team consists of 14 talented individuals and plans to expand. Some of the most notable members of the team include: Trevor Bacon - Founder and CEO of Parcl. Trevor has a background in finance and technology, has worked at several hedge funds and has been involved in blockchain and cryptocurrencies for over five years. Kellan Grenier is co-founder, COO and head of strategy at Parcl. Kellan has nearly a decade of experience as an investment analyst in traditional finance (TradFi). Jason Lewris - Co-founder and Chief Data Officer at Parcl, Jason has a background in data science and machine learning, having worked at Microsoft and Deloitte. Together, the team developed the Parcl protocol, a decentralized real estate trading platform built on the Solana blockchain. The protocol allows users to trade price movements in real estate markets around the world via city indices. Parcl has also received strategic investments from prominent companies and investors including Fifth Wall, JAWS, IA Capital, Eberg Capital and SkyBridge Capital. These investments have helped the team to expand and further develop the Parcl ecosystem. The Parcl team aims to democratize access to global real estate investing and create a culture of continuous growth and collaboration. Tokenomics The Parcl token distribution plan is designed to incentivize and reward the community, early supporters and advisors, and to promote the growth and development of the Parcl protocol. The plan includes initial distribution to the community, ongoing distribution to the community, growth and incentives, and allocations to early adopters and advisors. 1. Initial Community Distribution: 8% of the total volume (80,000,000 PRCLs) distributed to community members. 75,000,000 PRCLs (7.5% of total) distributed to early adopters of the Parcl protocol. 5,000,000,000 PRCL (0.5% of total) distributed to core members of the Parcl community. 2. Ongoing Community, Growth, & Incentives: 28% of the total (~280,000,000,000 PRCL) is reserved in the treasury for the protocol's key goals. These goals include infrastructure, growth, partnerships, and continued incentivization of the network. 3. Early Supporters & Advisors: - 28% of the total supply (~280,000,000 PRCL) is set aside for early supporters and advisors. These tokens are unlocked over a 3 year period with a 1 year break. 4. Core Contributors: - 21% of the total (~210,000,000,000 PRCL) is distributed to core contributors. These tokens vest and unlock over 3 years, with a 1 year break. 5. Ecosystem Fund: - 15% of the total proposal (~150,000,000 PRCL) is set aside in a portion dedicated to ecosystem development. This fund is intended to incentivize the long-term growth and development of Parcl's ecosystem. The tokens in this fund will be used to improve the performance of liquidity providers (LPs) and traders, increase the liquidity of protocols, and incentivize developers to create valuable Parcl-based products. Utility Governance The PRCL token will govern some aspects of the protocol and decentralized trading application. Users will use the token to vote on critical changes to risk parameters and protocol architecture. The governance structure is expected to be implemented by the end of 2Q24. Data functionality PRCL token holders will have access to best-in-class institutional-quality real estate data through an API developed by Parcl Labs. Over time, users who maintain the required level of PRCL in their connected wallets will continue to access the API. Network Incentives Parcl token holders will have the opportunity to participate in perpetual network incentives (e.g., points) shortly after the first distribution event. These incentives are designed to encourage and reward eligible PRCL holders for their participation and contribution to the Parcl ecosystem. RWA Real World Assets (RWA) in the context of Parcl refers to the tokenization of real world real estate prices on the Solana blockchain. Parcl is a decentralized perpetual exchange focused on real-world real estate prices and offers real-world index markets for speculation or hedging. The platform allows users to access the world's largest asset class - real estate - through “city indices,” which are the median price per square foot/meter aggregated at the city or neighborhood level. Parcl's approach to tokenizing real world assets is groundbreaking and aims to democratize access to global real estate investing. The innovative use of decentralized smart contracts with perpetual futures allows users with as little as $1 to access price movements in real estate markets around the world, making the platform accessible to a wide range of investors. The integration of real-world assets into the blockchain ecosystem represents a significant step towards tokenizing traditional financial assets, offering new opportunities for investment and risk management in the real estate sector. Parcl's focus on real estate RWAs positions the company as a key player in the emerging landscape of decentralized finance and blockchain technology. Conclusion Looking forward, Parcl's focus on RWA real estate positions it as a key player in the emerging landscape of decentralized finance and blockchain technology. The platform is committed to its mission of making real estate accessible to all by providing access to the price points of real estate markets with no minimum requirements, high liquidity, and low transaction fees. With continued development and support from the community, Parcl is well-positioned to continue its growth and innovation in real estate tokenization. Overall, the main drawbacks include the large competition in the real estate market and the lack of a license, which is crucial in the RWA sector. However, the team, capitalization and Solana involvement are all positives that make this project undervalued. In addition, there is potential for listing on Binance. token is now available for purchase on Bybit Best regards EXCAVO
Long
by EXCAVO
8