Topic: [ANN][$RWA] AssetX - Worlds First Tokenized Asset Exchange (Read 216 times)

We are a team of three: I have previous experience in asset management and trading, while our two developers specialize in Web3 Development and Tokenization. Currently based in Bengaluru, often referred to as the Silicon Valley of India.

I don't see team information.

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Introduction

In a world abundant with valuable assets, from select artworks to prime real estate, accessibility often proves challenging due to issues like illiquidity, exorbitant costs, and intricate ownership processes. Acquiring a masterpiece or investing in foreign properties may demand extensive resources, trusted intermediaries, and involve considerable documentation. This results in prolonged and costly transactions. These hurdles hinder the asset market's potential, perpetuating inefficiencies and inequalities.


What is AssetX?

AssetX is a revolutionary platform that grants users access to exclusive, carefully curated high-yield generating assets through the power of blockchain technology. With AssetX, individuals can partake in the benefits of asset ownership, including income generation, capital appreciation, and diversification, without the burdens of asset management and upkeep. The platform leverages smart contracts to create and oversee tokenized assets, ensuring compliance with regulatory standards.


Why AssetX?

AssetX addresses critical issues faced by investors in the traditional asset market:

Lowering Entry Barriers: AssetX allows users to buy and sell fractional ownership of high-yield assets with as little as $1, making investment opportunities more accessible.
Boosting Liquidity: The platform establishes a global marketplace, enabling users to trade tokenized assets 24/7 with minimal fees and swift settlement, mitigating the challenges of illiquidity.
Streamlining Transactions: By harnessing blockchain technology, AssetX eliminates intermediaries, paperwork, and bureaucracy, ensuring transparency, security, and immutability throughout the asset transaction process.
Enhancing Interoperability and Scalability: AssetX breaks free from the limitations of native blockchains, offering a more efficient and interconnected market for tokenized assets.


How does AssetX work?

AssetX consists of three main components:

Asset owners: These are the entities that own the real-world assets and want to tokenize them. Asset owners can use AssetX to create tokenized assets, set the terms and conditions of the token sale, and distribute the tokens to investors.
Asset investors: These are the users who want to invest in tokenized assets. Asset investors can use AssetX to browse and buy tokens that represent fractions of real-world assets. Asset investors can also sell their tokens on the secondary market or redeem them for the underlying asset (subject to availability and conditions).
Asset managers: These are the entities that manage and maintain the real-world assets on behalf of the asset owners and investors. Asset managers can use AssetX to monitor the performance of the assets, collect and distribute income from the assets, and handle any issues or disputes that may arise.


What is $RWA token?

$RWA is the native token of AssetX. It is an ERC-20 token that serves multiple purposes on the platform, such as:

Exclusive Access: RWA opens doors to a curated selection of high-yield generating assets that were once out of reach.
Fixed supply: RWA Token has a fixed total supply of 100 million tokens. No more tokens will be minted or burned in the future.
ERC-20 standard: RWA Token is an ERC-20 token that runs on the Ethereum blockchain. This means that it is compatible with most Ethereum wallets and decentralized applications (DApps).
Governance rights: RWA Token holders can participate in the governance of AssetX by voting on proposals and suggestions that affect the platform. Each RWA Token represents one vote.
Fee discounts: RWA Token holders can enjoy lower fees when using AssetX services, such as creating, listing, buying and selling asset-backed tokens. The fee discounts are proportional to the amount of RWA Tokens held by the user.
Staking rewards: RWA Token holders can stake their tokens on AssetX to earn passive income. The staking rewards are generated from a portion of the fees collected by the platform. The staking rewards are distributed to the stakers based on their stake ratio.


$RWA Distribution:

Presale: 20,000,000
Public sale: 9,700,000
Team and advisors: 14,550,000
Partnerships and ecosystem: 14,550,000
Staking pool: 19,400,000
Validators and oracles: 9,700,000
Reserve fund: 9,700,000
UNCX fees: 580,000
Total: 100,000,000


AssetX Roadmap

Q3 2023 - Research and Development, Idea Presentation, Initial Funding
In the third quarter of 2023, AssetX is fully focused on its research and development efforts. This phase is dedicated to refining our platform's concept, conducting in-depth market research, and presenting our innovative ideas to potential stakeholders. Additionally, we will seek initial funding to kickstart our project and lay the foundation for its development.
Q4 2023 - Traditional Crypto Trading Platform Launch, Add Reputed Asset Managers On Board
In the fourth quarter of 2023, AssetX will make its debut with the launch of a traditional crypto trading platform. This platform will serve as our entry point into the blockchain ecosystem and allow users to trade cryptocurrencies seamlessly. To enhance our credibility and attract investors, we will also onboard reputable asset managers who will oversee the initial assets on our platform. This step will set the stage for the next phase of our development.
Q1 2024 - Multi-Asset Marketplace with Asset Managers (AssetX Will Limit Trading Between Countries for Legal Purposes)
In the first quarter of 2024, AssetX will take a significant leap forward by transitioning into a multi-asset marketplace. Users will have the opportunity to trade not only cryptocurrencies but also tokenized real-world assets. Asset managers will play a crucial role in this phase, ensuring the secure and transparent operation of our platform. To navigate regulatory complexities, AssetX will implement trading restrictions between countries to comply with legal requirements.
Q2 2024 - Enhance Platform Features and User Experience
In the second quarter of 2024, AssetX will focus on enhancing platform features and improving the overall user experience. We understand the importance of continuous innovation, and during this phase, we will introduce new features and functionalities that cater to the evolving needs of our users. This could include advanced trading tools, improved user interfaces, and additional asset classes for tokenization.
Q3 2024 - Open to All Asset Owners
In the third quarter of 2024, AssetX will achieve a significant milestone by opening its doors to all asset owners. This means that individuals and entities holding various real-world assets, such as real estate, art, or commodities, can tokenize their assets on our platform. AssetX will provide a streamlined process for asset owners to create tokenized assets, set terms and conditions, and offer them to a global audience of potential investors. This step will mark a new era in asset investment, making it accessible to a broader range of participants.

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