Tokenization
Business Case:
- Tokenize any asset class, whether financial, digital, legal, or collectible, using blockchain technology.
- The platform provides:
- Customizable token standards (ERC-20, ERC-721, ERC-1155) for different asset classes.
- An option to update or modify asset information post-issuance.
- Flexible sale creation, allowing issuers to define prices, fundraising targets, and distribution rules.
1. Pre-Issuance
You need to set up the legal framework for the tokenized asset. However, the Token Market Infrastructure provides a testnet that helps issuers create tokenized assets without committing to the final version.
The platform supports 3 main user roles:
- Market Creator: Oversee and validate asset issuance, ensuring regulatory compliance and setting platform guidelines.
- Asset Issuers: Create and manage tokenized assets, defining asset details and compliance rules.
- Investors: Participate in sales by purchasing fractions of tokenized assets
2. Issuance
The issuance phase is where the actual tokenization takes place. It involves two critical steps: creating the token and launching the sale.
Create a Token
- Choose the appropriate token standard (ERC-20, ERC-721, or ERC-1155).
- Provide essential asset-related data such as the asset's total amount, address, and ownership details.
- Define the accessibility of your market (public, private).
For more details, refer to the Deploy Your Market documentation.
Create a Sale
- Set a Price Tag: Establish the price for each token or fraction being sold.
- Add a Compliance Layer: Ensure that the sale complies with necessary regulatory standards, such as KYC and AML processes.
For more details, refer to the Selling documentation.
3. Post-Issuance
After the asset has been tokenized and issued, the post-issuance phase allows for ongoing management of the token. This includes:
- Freeze/Unfreeze Tokens: Manage the availability of the tokens by freezing or unfreezing them as required.
- Update Data: Modify or update the token’s metadata to reflect changes in the real-world asset.
Updated 3 months ago