Preparing to Launch a Asset Backed Token

Its been a busy couple of days, I will reply to everybody that reached out on DM within a day. Thank you.


Anybody can answer if its feasible to launch a DEX pool with just 10 tokens, and a liquidity of about 5 ETH?
The PV of a token should be at no lower than 1500 usdt.

Everything points out to possibility of sharks draining the liquidity out before we can even understand what happens. Is this accurate? Or a misunderstanding?

Let's say I'm well versed in Fin. But when it comes to DEXs which is a concept borrowed from traditional finance, I get the impression is like you're about to run through a mud pit surounded by thousands of medieval spear hunters, trying to get you for lunch. Traditional markets are taimed compared to DeFi.
 
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Skip FB/Meta, target relevant online communities & build relationships. Launchpads? Focus on good-rep ones, negotiate revenue share if possible. DEX is risky but explore smaller Market Makers.
 
Build organic community - content, AMAs, influencers. Showcase value & build trust.
 
Tolonfel said:
Build organic community - content, AMAs, influencers. Showcase value & build trust.
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Hi @Tolonfel. Thanks for your suggestions. However, community building is more for projects open to the masses. Our project is everything but that. The PV of a token would float at, or above 1,500 USDT. This is prohibitive for traders, small RI and hodlers.

Influencers. As I said in one of my earlier posts, unless is a person of the caliber of Cameron, Shannon or even Stephens, hiring or collaborating with a influencer can end up damaging the imagine of the project.


Asteranl said:
Skip FB/Meta, target relevant online communities & build relationships. Launchpads? Focus on good-rep ones, negotiate revenue share if possible. DEX is risky but explore smaller Market Makers.
Click to expand...

@Asteranl Hello. Yes! FB/Meta is useless for this niche! As I mentioned in my original post, I know this from our core business marketing operations. The smaller MM we have found, and had calls with 3 of them, are just not giving us too much confidence. This is to put it nicely.

The larger ones. Fees much higher than what a traditional MM would ever charge. Baseless.



Anybody can answer the DEX question please? Feasibility to launch with limited number of tokens and a high PV? Its a question that in theory answers itself, so it sounds quite silly, but then again, nothing I've seen so far in DEX pools makes too much sense, or has a coherent pattern. I'm interested if anybody actually has experience in similarly formed LPs, regarless of the DEX platform.
 
alphamaterx said:
An airdrop is sending/spending tokens and taking in consideration these are/will be actual Asset Backed Tokens, this can end up costing us quite a bit, as we as a company underwrite the deal for the issuance of these tokens.

However, that vesting period similar to shares is a great input @INCC. Thank you for that. If this is something that takes shape you'll be on the Airdrop List.




A team. Well yes. I thought thats self evident.
This is a Asset-Backed-Token.

An actual physical valuable asset, that offers a value anchor.
The tokens are/will be designed to offer convertability back to the asset.

And yes, our team though relatively small, is quite a standard 'size' judging by standards in the Fin world. Not sure about the crypto world, as I've seen projects where you fall asleep reading thru the names of the ''founders'' and their ''amazing'' achievements.
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I guess building your team was very difficult. I'm inspired by your project.
 
Adantere said:
I guess building your team was very difficult. I'm inspired by your project.
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@Adantere Thank you!

Our main business is not related to blockchain, or anything token related. We're a FinTech startup. We're building a platform that combines the interactive features of the classic MT, with a line of first in class Fin products. We have signed licensing directly with a medium size underwrite, since Feb of this year.

All of the above, and customer acquisition requires roughly 200-300% more funding than we initially budgeted. The AB-Token came as an idea while we were thinking of ways to boot strap liquidity. We have the network to underwrite, launch and sustain this type of asset-backed token.

This is to say that the team was built before we came up with this AB Token idea. Small team, but we have extensive experience and capable if I may say in our respective fields.

ghaithcrypto said:
h

how can i get in touch i dont know but you can search for my name and you can find it and get in touch in t+g
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@ghaithcrypto I just DM-ed you. Check please.
 
alphamaterx said:
I'm part of a project within the fintech space. Very small startup but we've secure a few points that **really** make us stand out. This does not change the fact that the space is overcrowded.
We're bootstrapping funds for our main service-on-demand offering, and in this process we've came to the realization we have the network to start an Asset Backed Token.

As appealing as it first sounded, we're hitting the same damn wall.. marketing. Getting the leads of the people we need. Our type of customers. And doing this in a cost effective way. (FB/META is a waste of time for anything in our niche. This is a fact.).

We've looked at some launchpads, but its so hard to figure out which ones are trapping and which do deliver on their end.
Not to mention that we've seen the top launchpads asking for eye watering upfront fees. We thought of course to go onto a DEX and launch, but the waters are full of piranhas. And to hire a Market Makers, is financially prohibitive, to put it nicely. And all goes to the same root: funding. Which we lack, that's why we're starting this in the first place, to bootstrap funding.

SUGGESTIONS PLEASE on how to reach out to potential participants / buyers of tokens (be it in pre-sale or post-launch).
ANYBODY with *ACTUAL Experience* in this field, please drop a comment with recommendations, advice or offers.


Thank you
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Interesting, seems like a good plan to me. Good luck with your project.
 
ABT tokens are the most boring niche for crypto man, this will be a challenge for sure.
Just look at the list of current AbT projects with their daily traded volume... its very low
https://www.coingecko.com/en/categories/asset-backed-tokens

Unless you are big and are back by tangible investors with solid roadmap.. this is going to be a hard one

Lately you have all the investors looking for RWAs....not much love for ABT
 
juztin said:
ABT tokens are the most boring niche for crypto man, this will be a challenge for sure.
Just look at the list of current AbT projects with their daily traded volume... its very low
https://www.coingecko.com/en/categories/asset-backed-tokens

Unless you are big and are back by tangible investors with solid roadmap.. this is going to be a hard one

Lately you have all the investors looking for RWAs....not much love for ABT
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Hi @juztin Are RWAs not identical with ABTs?

Secondly, the trading volume / valueation per token is something that concerns us.
We may find ourselves with a runaway valuation per token, which is improbable, unless we employ MM.
Or, most common case, we have tokens sold at discount which is an arb for users.

With AbTs that actually give CGC the aim is people buy it from underwriter. Trading pool buits itself, as the assets in compo give the value.
 
alphamaterx said:
Hi @juztin Are RWAs not identical with ABTs?

Secondly, the trading volume / valueation per token is something that concerns us.
We may find ourselves with a runaway valuation per token, which is improbable, unless we employ MM.
Or, most common case, we have tokens sold at discount which is an arb for users.

With AbTs that actually give CGC the aim is people buy it from underwriter. Trading pool buits itself, as the assets in compo give the value.
Click to expand...

They are within the same class, but are quite different:
  • RWA (Real World Asset): These are tokens that represent tangible assets existing in the physical world. This can include real estate, commodities like gold, artwork, or even financial instruments like bonds. RWAs essentially bridge the gap between traditional finance and DeFi (Decentralized Finance) by bringing these assets onto the blockchain.
  • ABT (Asset Backed Token): ABTs are a broader category that encompasses RWAs. ABT can represent any kind of asset, whether physical or digital. This could include things like intellectual property, loyalty points, or even the value of a company itself. So, all RWAs are ABTs, but not all ABTs are RWAs.

Check RWAs here:
https://www.coingecko.com/en/categories/real-world-assets-rwa

I think if there is a way for you guys to shift into the RWA narrative, you can definitely get some grants from existing protocols in that area. I think Ondo and Mantra got grants available for such projects. They are in need to expand their portfolio in that niche


About the MM options forget about it, you guys dont have the fund for it and with low liquidity provided from both side, it wont be sustainable, you will be wasting fund.
 
juztin said:
They are within the same class, but are quite different:
  • RWA (Real World Asset): These are tokens that represent tangible assets existing in the physical world. This can include real estate, commodities like gold, artwork, or even financial instruments like bonds. RWAs essentially bridge the gap between traditional finance and DeFi (Decentralized Finance) by bringing these assets onto the blockchain.
  • ABT (Asset Backed Token): ABTs are a broader category that encompasses RWAs. ABT can represent any kind of asset, whether physical or digital. This could include things like intellectual property, loyalty points, or even the value of a company itself. So, all RWAs are ABTs, but not all ABTs are RWAs.

Check RWAs here:
https://www.coingecko.com/en/categories/real-world-assets-rwa

I think if there is a way for you guys to shift into the RWA narrative, you can definitely get some grants from existing protocols in that area. I think Ondo and Mantra got grants available for such projects. They are in need to expand their portfolio in that niche


About the MM options forget about it, you guys dont have the fund for it and with low liquidity provided from both side, it wont be sustainable, you will be wasting fund.
Click to expand...

I got your point now.
To clarify our ABT will be tokenized physical assets, which will ultimately allow the conversion back into the physical asset.

As for the MM, the whole purpose of their service is to generate liquidity and ensure stable parameters. However, their fees are just out there.

Our core business deals with actual, real Market Makers for the comm and secs markets, and even a company like Jane Street does not charge the levels a blockchain MM does (% wise).
 
Dexterity said:
any progress on this? Interested to know.
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I was preparing to write a complete update, as we had ups and downs that make the update similar to an action novel. I will trim it down and by next week I will post it here.

Its been interesting.
 
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