AssetFi is Launching on Starter!
Introduction
New models are erupting daily around Blockchain technology. One of its biggest disruptors is asset tokenization, which is completely changing how Starter.xyz see the financial industry. There are currently trillions of dollars locked in assets which cannot be exploited, and to which there is little access. Markets such as real estate, IP, art, scarce and valuable resources are mainly owned by institutional investors, allowing little room for the retail investors to enter these markets. This means that retail investors are only left with the possibility of investing in debt or equity markets, where there’s high volatility and risk.
This is where asset tokenization comes into play. Through tokenization, AssetFi will open new markets to anyone in the world, allowing readily available capital to flow into illiquid markets, opening a world of opportunities. AssetFi is focused on tokenizing a wide range of assets and offering broader quality investments formerly reserved for institutional investors.
What is AssetFi?
AssetFi is a groundbreaking solution aimed at solving financial exclusion by providing a platform for converting physical assets, NFTs and companies to tokens for micro-ownership by small investors.
With the vision to “enable ownership for all” AssetFi aims to make ownership more transparent, accessible, inclusive, and efficient. It intends to cut out the middleman, throw out the barrier to entry, enable direct transferability of assets, and make insurance easier and more accessible.
$AFI Token
$AFI is the native token of the AssetFi platform. It allows investors in the AssetFi Platform to access instant liquidity in secondary markets.
Token Description
Token Name: AssetFi
Ticker: $AFI
Token Type: BEP-20
Token Supply: 500,000,000
Nominal Token Price: $0.015
Diluted Token Valuation: $7,500,000
Token Utility
$AFI token is the lifeblood of fractionalization. When an asset or company is fractionated on AssetFi, the base currency for transacting the said asset is $AFI.
$AFI is the currency for accessing secondary liquidity markets or trading on the DEMA (Decentralized Marketplace).
The token utility is built tightly into the platform. When assets are offered up in the DEMA, users can only purchase using the native token, $AFI.
Tokenomics
Token Allocation
Total Tokens: 500,000,000
Platform Usage: 450,000,000
For Sale: 50,000,000
No Private Sale
Public Sale Allocation: 50M (10%)
Public Sale Price: $0.015
Public Sale: 50M (10%)
30% released at TGE
10% monthly linearly release
Team: 50M (10%)
12 months cliff
4% monthly release
Advisors: 25M (5%)
12 months cliff
4% monthly release
Liquidity: 90M (18%)
Reserved for DEX and CEX liquidity providers
Ecosystem: 160M (32%)
1 Month Cliff
4% Monthly Release.
(Reserved for partnerships, user acquisition and platform development)
Marketing: 75M (15%)
5% unlock 10 Days Post-TGE
5% monthly release
Reserve: 50M (10%)
IDO Detail
AssetFi is launching on Starter.xyz
Token Ticker: $AFI
Chain: BSC
Token price: $0.015
Total Type: BEP-20
IDO Date: March 14, 2022
IDO Time: 16:00 UTC
How to Participate
To participate in AssetFi IDO, simply follow these steps:
- Buy START on Starter.xyz
- Bridge START via AnySwap
- Stake START, ELIXIR or START/MATIC ELIXIR/MATIC on Starchi.gg
- Buy $AFI when the IDO starts
For a more in-depth guide on how to take part in a BSC based IDO, please see their docs:
https://docs.starter.xyz/faq/how-to-guides/how-to-take-part-in-a-sale-on-binance-smart-chain-bsc
About AssetFi
AssetFi is an end-to-end asset tokenization and issuance ecosystem, consisting out of a set of protocols for enhanced ownership, The AssetFi Platform serving as a user-friendly interface, connecting investors with issuers and their provenance architecture (Oracle providers) which ensures the safety and compliance of the whole process. They serve both, as a technology and infrastructure provider, as well as a primary market for issuance.
About Starter.xyz
Starter is a community-oriented launchpad originally created on the Binance Smart Chain and now multichain with deployment on Polygon and more blockchains to follow, including Cardano, Solana, Ethereum, and more. Starter provides developers with a simple, safe, and effective platform for STARTing new projects.
📰 INFO
https://starterxyz.medium.com/assetfi-reimagining-ownership-and-investing-8722dce26f2a
