Empowering Asset Owners to Bring RWA On-chain

Introduction‍

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.
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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.

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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: 
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• On-Chain Asset Upload 

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. 

• Choosing and Engaging a Validator:

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. 

• Conversion to Pi-NFT:

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.

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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.
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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:

• Transforming Physical Assets into Liquid Capital:  By converting your physical assets into asset NFTs, Aconomy facilitates your participation in the on-chain Asset Economy. This process ensures the retention of your assets’ intrinsic value, while simultaneously providing a conduit to liquid capital. It opens up new avenues for income generation, portfolio diversification, and exposure to the new world of decentralized asset management and asset tokenization. 

• Enhanced Liquidity through Pi-NFT: Aconomy's innovative approach is its ability to introduce unprecedented liquidity to assets traditionally seen as illiquid. Through the creation of Pi-NFTs, you as an asset owner can now access liquidity in a manner previously unattainable. Your assets are no longer bound by only traditional selling methods. Instead, you can access the validator's induced liquidity from the Pi-NFTs within the validation time period. This approach to liquidity represents one of Aconomy's standout features, allowing for flexible financial management.

• Trading and Utilization Flexibility with Pi-NFT: The transformation of your asset NFT into a Pi-NFT within the Aconomy ecosystem opens a gateway to a multitude of trading and financial activities. You gain the ability to sell, auction, lend, borrow, or swap your Pi-NFT, offering a spectrum of liquidity options. Not only this but you can even utilize them multiple times in the Aconomy’s ecosystem until they are eventually redeemed back to their original form.

• Effortless Asset Swapping:  In the traditional asset management world, the idea of swapping assets remains a rarity. But, Aconomy's Inbuilt Swapping Engine revolutionizes this aspect, transforming it into a seamless on-chain experience. This advancement enables you to swap one asset for another easily like exchanging your pre-owned watch for rare art, harnessing the full potential and versatility that the Web3 space offers. By breaking away from traditional limitations, Aconomy introduces a dynamic approach, allowing you the “asset owner” to optimize your asset's potential in new and previously unattainable ways within our self-sustaining ecosystem. 

• Wider Exposure for Tokenized Assets: By tokenizing your physical assets on our asset tokenization platform, you make them accessible to a wider audience, opening up unparalleled opportunities for business growth and network expansion. This exposure ensures that your assets are not limited but accessible to all. 

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.
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Conclusion

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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Key Takeaways: 

• Introduction of Aconomy: Aconomy emerges as a transformative platform in the 21st-century economic landscape, offering asset owners innovative ways to manage and leverage the value of their real-world collectibles.

• Overcoming Traditional Market Challenges: Aconomy addresses and resolves the typical challenges faced in traditional asset management, such as limited accessibility, liquidity issues, and intermediary complications.

• The Role and Opportunity for Asset Owners: Asset owners have a unique chance to capitalize on the growing tokenization market by using Aconomy's advanced Tokenization Engine to turn their real-world assets like art, vintage watches, or antique scriptures into asset-backed NFTs.

• Detailed Tokenization Process: The article outlines the comprehensive process of tokenizing assets on Aconomy, from on-chain asset upload, selecting and engaging a validator, to the conversion of Asset NFTs into Pi-NFTs.

• Trading and Liquidity Enhancement with Pi-NFTs: Once assets are tokenized into Pi-NFTs, asset owners can engage in various trading options on the Aconomy Marketplace, enhancing the liquidity of traditionally illiquid asset classes.

• Diverse Advantages of Using Aconomy: The platform offers multiple benefits, including transforming physical assets into liquid capital, providing unprecedented liquidity, enabling effortless asset swapping, and giving wider exposure to tokenized assets.

• Revolutionizing Asset Management: Aconomy is positioned as a revolutionary ecosystem that redefines real-world asset management, emphasizing decentralized, transparent operations, and amplifying the value of asset holdings.

• The Future of Asset Management: The platform heralds a new era in asset management, focusing on limitless potential and empowerment in a decentralized asset economy.