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The 21st-century economic landscape is changing, offering asset owners new opportunities to manage and leverage the worth of their real-world collectibles. Traditional markets for asset management often face certain challenges like restricted accessibility, limited liquidity, and intermediary complications, preventing asset owners from truly realizing their real-world asset's potential. In this complex scenario, Aconomy emerges as a transformative force, promising to break the age-old constraints and introduce a new era of possibilities for real-world assets.
This article will offer “asset owners” a comprehensive understanding of how to harness the Aconomy platform to bring their real-world assets on-chain and how to maximize their value.
The Role of Asset Owners in Aconomy
The tokenization landscape is thriving, with the market value of assets on-chain reaching $2.15 billion as of May 2023 and tokenized money markets and treasuries exceeding $650 million in AUM by September 2023. This upward trajectory is set to continue, with a projected growth of $400 billion in global transactions by 2028. A significant contributor to this growth is the boom in tokenized Art NFT sales, which escalated from $19 million between December 2022 and January 2023 to an impressive $80 million in 2023.
This emerging sector offers a stark contrast to the challenges faced in the luxury pre-owned assets market, such as vintage watches, poised to become a $85 billion market by 2033. While these high-value collectibles are attractive for investment, their conversion into liquid cash or as collateral for loans is fraught with difficulties. The primary issue lies in the lack of liquidity in the secondary market. Unlike more fluid assets like stocks or real estate, these collectibles suffer from a limited buyer base and a highly specialized market. Moreover, the hesitancy of financial institutions to accept these items as collateral, mainly due to appraisal challenges, further impedes the ability of owners to monetize their investments.
In contrast, Aconomy, an asset tokenization platform, presents a more accessible and liquid avenue for asset owners to leverage the value of their unique assets. Leveraging its Advanced Tokenization Engine, Aconomy enables asset owners to tokenize a diverse array of RWAs - from exquisite art pieces and vintage watches to rare antique scriptures - into asset-backed NFTs. By doing so, you can tap into the previously untapped liquidity of such illiquid pre-owned assets. Not only this, but Aconomy also offers a viable option for asset owners to secure loans by using their tokenized assets as collateral. This capability marks a significant advancement in asset monetization, blending the realms of traditional high-value collectibles with the dynamic world of tokenization.
The Process of Tokenizing Assets in Aconomy: From On-Chain Upload to Pi-NFT Conversion.
Here’s all you need to know about onboarding your assets on-chain using Aconomy:
Begin by bringing your assets on-chain. This crucial step requires you to provide detailed information about the asset. It includes specifying the asset's origin date, relevant documentation, and other essential data, which collectively form the basis of your Asset NFT. This meticulous documentation is key to creating an asset NFT on Aconomy.
In the Aconomy ecosystem, as an asset owner, you have the exclusive right to select a validator from a pre-approved list for the authentication of your asset. Once you have chosen a validator, you initiate the validation process by sending your Asset NFT to them. The validator then conducts a comprehensive examination of your asset, delving into its history, documentation, and compliance with Aconomy's standards.
Note: You can connect with an asset validator via Aconomy's “In-built Messenger” to communicate directly and securely, ensuring seamless verification and validation of your assets.
Once the validator authenticates your Asset NFT, the asset validator will convert it into a Pi-NFT. This conversion involves adding validator collaterals to the asset NFT, which serves as a form of certification or endorsement of the asset's authenticity. So, when the asset NFT is transformed into validated Pi-NFT, you can list them on Aconomy Marketplace to engage in on-chain activities.
This process ensures that all assets are verified, secure, and ready for decentralized trading, maintaining the integrity and trustworthiness of the Aconomy marketplace.
Trading Opportunities with Pi-NFTs in the Aconomy Ecosystem
Once your asset is converted into a Pi-NFT, you unlock a variety of trading options. You can flexibly list your Pi-NFTs on Aconomy Marketplace for:
This on-chain trading capability in the Aconomy ecosystem not only enhances the liquidity of illiquid asset classes but also provides a dynamic and secure platform for managing and growing your on-chain assets portfolio. Moreover, its decentralized approach enables you to have complete control over your assets and facilitates direct peer-to-peer transactions, eliminating the need for intermediaries and ensuring a smooth and effective trading process.
Advantages of Tokenizing RWAs using Aconomy?
At Aconomy, we are revolutionizing the way asset owners manage and capitalize on their holdings. Here’s a detailed breakdown of the transformative benefits we offer:
Thus, Aconomy stands as more than a mere asset management platform; it's a revolutionary ecosystem that promises to redefine the way we perceive and handle real-world assets. For asset owners, the future is not just decentralized; it's brimming with opportunities hitherto unseen. With Aconomy, the next phase of asset management evolution is well truly here.
By transcending traditional barriers, providing unmatched liquidity, and establishing a truly decentralized, and transparent ecosystem, Aconomy offers a visionary approach to real-world assets. Its fusion of cutting-edge technology with real-world assets is not just an advancement; it's a revolution. Asset owners are now presented with an avenue that not only amplifies the value of their holdings but also promotes adaptability in a decentralized asset economy age. As we stand on the brink of this new frontier, Aconomy reminds us that the future of asset management is not just about possession, but about limitless potential and empowerment.
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Aconomy is a platform designed to transform physical assets into asset-backed NFTs, allowing asset owners to participate in the on-chain asset economy. It offers benefits such as enhanced liquidity, direct peer-to-peer transactions, and exposure to decentralized asset management.
The process involves uploading detailed information about the asset on-chain, selecting a validator for authentication, and once converted into Pi-NFT - listing, selling, auctioning, lending, borrowing, or swapping them on-chain on Aconomy Marketplace. This makes the asset ready for decentralized trading on the Aconomy Marketplace.
Pi-NFTs are a specific type of asset-backed NFTs created in Aconomy after a validator authenticates and adds collateral to an asset NFT. They signify a higher level of certification and trust, enabling the asset owner to list them for various trading activities in the Aconomy ecosystem.
Yes, Aconomy provides an “In-built Messenger” for asset owners to communicate directly and securely with validators, facilitating seamless verification and validation of assets.
Once an asset is converted into a Pi-NFT, owners can list it on the Aconomy Marketplace for various trading activities. This includes selling, auctioning, lending, borrowing, or swapping the Pi-NFTs, offering a spectrum of liquidity options.
Aconomy is a decentralized asset tokenization platform that empowers individuals to seamlessly tokenize and trade their real-world assets on-chain. With a vision to foster a parallel on-chain asset economy, Aconomy enables its users to tokenize real-world assets ranging from vintage watches and luxury art to rare books. As an asset tokenization company, Aconomy is revolutionizing interactions with tangible assets by democratizing on-chain asset ownership through the dematerialization of RWAs. With the focus on enhancing liquidity in real-world asset classes, Aconomy enables the asset validators to stake their validator collateral (if required) in USDT in asset-NFT to not only validate & vouch for the asset's authenticity but also transform them into Pi-NFT (with 1:1 backing & induced liquidity). This transformation opens up a pathway for numerous asset trading opportunities on-chain like selling, auctioning, lending, swapping, and redeeming - all in a secure and transparent manner, which are not often available in the traditional economy.