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We are thrilled to announce that following a highly successful early access period, Aconomy, a real-world asset-backed DEX, is now opening its doors to the public with the launch of our Open Testnet. This milestone marks a significant step forward in our mission to seamlessly democratize on-chain asset ownership with the dematerialization of physical assets. It provides users with a robust asset tokenization platform to explore, trade, and utilize their physical assets and manage them on-chain.
Seize the opportunity, redefine asset management on-chain, and thrive in the era of the Asset Economy!
Embracing the Future of Asset Management with Aconomy, Asset Tokenization Platform
Aconomy is transforming the on-chain asset management space, propelled by its innovative approach to asset tokenization and decentralized trading. By tokenizing the traditional handling of physical assets, the platform introduces a new level of precision, autonomy, and offers an array of opportunities for managing and leveraging assets on-chain.
Therefore, Aconomy is revolutionizing asset management, blending asset tokenization with expansive trading opportunities and user autonomy, thereby reshaping the future of on-chain asset investment and ownership.
Explore, Engage, and Create on Aconomy, an Asset Tokenization Platform
The Aconomy Testnet is now open for everyone, offering an exciting opportunity to test and create your own asset NFTs. Based on feedback from our early access users, it's clear that the Aconomy asset tokenization platform is greatly needed by both asset owners and validators. This underscores its potential as a cornerstone in the future of the on-chain asset economy. We invite you to explore the platform and contribute to its enhancement by sharing your valuable feedback.
Here’s a guide to help you navigate the Aconomy, an asset tokenization platform with ease, from setting up your account to engaging in various transactions with Pi-NFTs.
Accessing the Platform:
Starting your journey on Aconomy isn’t that complicated like finding a pawn shop in the traditional market!
Account Creation and Profile Setup
Setting Up YourAccount:
Voila! You finally become the part of Asset Economy. Now engage, explore, and experience the power of 1:1 tokenization.
Access Test Tokens
NOTE: If you are getting an error “insufficient balance” (while engaging in any trading process) then you are required to mint test tokens i.e., "aUSDTC" again from the same faucet to proceed with the transactions.
Note: After claiming the test tokens, you’re required to refresh the platform to confirm whether you’ve received the test tokens or not. You can check the Test Token balance in the Profile Card.
Now, you’ve got everything you want. So don’t delay, capture the shot of being a part of the Asset Economy.
Minting Process:
Note: Lazy Minting feature i.e., minting your asset NFT involves no gas fee. However, you are required to pay a certain gas fee for all other transactions using a test token which you can easily claim as mentioned above in the “Access Test Tokens” section.
With just a few simple steps, you can create your first Asset NFT on Aconomy for more to come!
Validating and Managing NFTs:
Note: A validator will examine the documentation and authenticate the asset NFT, transforming it into a tradable Pi-NFT.
Engaging in the Aconomy, RWA-backed Marketplace:
Who thought trading physical assets on-chain could be that seamless? Well, we thought that for you!
Managing Your Physical Assets
Well, you can’t complain that we won’t consider your financial requirements!
Interacting with Other Users
Engage in numerous on-chain activities with no intermediary or third party!
Finalizing Your Experience
We have unfolded every aspect of Aconomy with you, now, it’s your turn to access Aconomy and leverage all it has to offer to realize your physical assets potential. Don’t forget to share your insights and feedback with us!
Creating a New Age of Capital Optimization
Aconomy is revolutionizing asset tokenization space, providing an asset economy ecosystem that enables capital optimization like never before. By making our asset tokenization platform accessible to a broader audience, we are fostering an environment where liquidity is no longer a privilege but a standard. We are committed to creating a seamless, user-friendly experience, ensuring that everyone, regardless of their background or expertise, can participate and thrive in the evolving asset tokenization ecosystem.
In our pursuit to broaden participation and enhance the user experience, we are gamifying the Open Testnet experience. Partnering with Zealy, we will be soon launching a campaign designed to reward participants who explore our open testnet and complete specific tasks. This adds an element of fun and competition and incentivizes users to deeply engage with our asset tokenization platform, providing valuable feedback that will play a vital role in refining our offerings.
So now, who says the traditional market is the only way to capitalize assets worth? When Aconomy, an asset tokenization platform is here to revolutionize the pathway - providing a platform for everyone to bring their unappreciated, hidden treasures on-chain and lead a journey where the future isn’t uncertain.
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Aconomy is a real-world asset-backed decentralized exchange (DEX) that focuses on democratizing on-chain asset ownership and facilitating asset tokenization. Its Open Testnet is a public platform where users can test and interact with Aconomy, create their asset NFTs, utilize on-chain trading features, and share their insights & feedback with us.
Aconomy provides opportunities for businesses like art galleries or auction houses to expand into the asset tokenization space. It also allows investors to access a variety of high-value, validated assets for their portfolios, enhancing investment diversity and efficiency.
Aconomy offers a decentralized platform where both users and asset validators have full control & autonomy. Users can effectively manage their assets on-chain, while asset validators can approve or reject validation requests leveraging your expertise and judgment.
Users can mint asset NFTs using the test token from Matic Mumbai or Arbitrum Testnet. Once minted, these assets can be traded in various ways, including selling, auctioning, lending, borrowing, or swapping on the Aconomy Marketplace.
To engage in on-chain trading on Aconomy, obtain "aUSDTC" test tokens, mint these tokens by clicking on the “Mint aUSDTC” button on the platform, and use them for various transactions like buying, lending, or bidding on Pi-NFTs. If faced with an "insufficient balance" error, remint "aUSDTC" tokens from the same source. These tokens are freely accessible and incur no charges.
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.