Last updated 3 months ago
In 2024, a man tried to sell a rare watch, but buyers doubted its value due to no trusted verification. Assetique tries to solve it by verifying luxury identity with Product Lifecycle Record and NFT.
Assetique makes luxury goods become verifiable and high liquid financial asset with on-chain records, vault custody, and RWA/NFT, enabling trusted trading, lending and real financial utility.
Please provide your proposal title
Assetique- The Luxury Trade Asset Protocol of RWA and NFT
Enter the amount of funding you are requesting in ADA
200000
Please specify how many months you expect your project to last
12
What is the problem you want to solve?
In 2024, a man tried to sell a rare watch, but buyers doubted its value due to no trusted verification. Assetique tries to solve it by verifying luxury identity with Product Lifecycle Record and NFT.
Supporting links
Does your project have any dependencies on other organizations, technical or otherwise?
No
Describe any dependencies or write 'No dependencies'
No dependencies
Will your project's outputs be fully open source?
No
Please provide details on the intellectual property (IP) status of your project outputs, including whether they will be released as open source or retained under another licence.
Open Source Components: 1.Product Lifecycle Record Data Standard (MIT Open Source) ⮕ Establishes Cardano as a leading data layer for real-world assets. 2.Multi-Party Data Collaboration Smart Contract Interface (Open Standard) ⮕ Enables cross-service data flow and ecosystem-wide coordination. 3. NFT Metadata Binding Protocol (MIT Open Source) ⮕ Accelerates RWA tokenization across Cardano.
Proprietary Components:
Please choose the most relevant theme and tag related to the outcomes of your proposal
RWA
Describe what makes your idea innovative compared to what has been previously launched in the market (whether by you or others).
Assetique’s innovation lies not in a single feature, but in integrating authentication, data, trust, and financial utility into a unified, verifiable, and continuously evolving luxury RWA platform.
① Digital Twin × Continuous Authentication × On-chain Lifecycle Record (First-of-its-kind Integration)
Assetique transforms luxury authentication from a one-time service into a continuous, on-chain lifecycle system.
Every extraction, service, repair, or re-authentication automatically updates the asset’s immutable record, consolidating data from authenticators, vaults, and service providers into a single verifiable asset identity.
② Trust as Asset: A Three-Stage Model
Assetique innovatively breaks luxury asset financialization into three measurable stages:
③ Multi-dimensional Lifecycle Data × Dynamic Risk Pricing
By leveraging complete on-chain records, Assetique can price identical luxury items differently.
The same watch model can receive 30–80% LTV variation depending on maintenance history and usage patterns. Assetique makes "condition data” become financial credit for the first time and create new investment opportunity to an $8T underutilized asset class.
④ Smart Contracts × Privacy-Preserving Verification
Financial institutions can validate authenticity and lifecycle status without accessing pricing, transaction history, or ownership details.
This achieves “data usable, trust verifiable, privacy preserved” . It's a critical model for real-world asset adoption.
⑤ Lightweight Continuous Verification (50–70% Cost Reduction)
Assetique uses a lightweight authentication process in short term exit and re-entry vault , cutting recurring verification costs by 50–70%.
This makes lifecycle data accumulation natural and low-cost, eliminating redundant full authentications and accelerating the completeness of asset records.
Describe what your prototype or MVP will demonstrate, and where it can be accessed.
I. MVP Core Objective
The Assetique MVP aims to validate three fundamental value propositions:
The MVP uses real luxury asset data combined with simulated scenarios to prove feasibility with minimal cost.
II. MVP Components
① Smart Contracts and On-chain Data Architecture
Validation: Luxury goods can be reliably digitized and stored on-chain.
② Digital Twin + NFT Minting
Validation: NFT = verifiable digital identity of the physical asset.
③ NFT Marketplace Prototype
Validation: Luxury assets become tradeable and liquid.
④ User Interface
Validation: Clear, intuitive end-to-end user experience.
III. MVP Demonstration Scenario
Using real luxury data (watches, handbags, jewelry), the MVP will simulate:
Proof: Assetique’s full technical is operational.
IV. MVP Location and Partners (Taiwan Market)
① Primary Pilot Location: Taipei City
Reasons:
Secondary locations: Taichung, Kaohsiung
② Potential MVP User Segments
③ Potential Second-hand Merchant Partners in Taiwan
④ Vault and Custody Partners in Taiwan
⑤ Authentication Partners in Taiwan
Describe realistic measures of success, ideally with on-chain metrics.
Assetique’s MVP KPIs are not only designed to measure internal success—they directly expand Cardano’s on-chain activity, RWA capabilities, open-source standards, user adoption, and financial utility.
Below is how each KPI translates into real, measurable benefits for the Cardano ecosystem.
① On-chain Technical KPIs → Enhance Cardano’s Core Activity & RWA Infrastructure
1) 1,000+ Mainnet Transactions
→ Boosts Cardano’s smart contract usage and on-chain throughput
Includes asset registration, lifecycle updates, NFT minting, listings, settlements—
high-frequency operations ideal for stress-testing Cardano’s UTXO model and contract stability.
2) 100+ Complete Asset Lifecycles Recorded
→ Establishes Cardano’s first structured RWA data layer
Luxury lifecycle data is high-value, high-frequency, and long-term—
perfect for demonstrating Cardano’s ability to host real-world, multi-source data.
3) 100+ Independent Wallet Interactions
→ Expands Cardano wallet adoption and DeFi entry points
Every mint, signature, query, and transaction increases ecosystem engagement.
4) Query Response Time < 10 seconds
→ Demonstrates Cardano’s suitability for enterprise-grade RWA applications
Fast, reliable on-chain retrieval is crucial for supply chain, luxury, and financial use cases.
② User Experience KPIs → Position Cardano as the Most RWA-Friendly Chain
1) 1,000+ Platform Interaction Tests
→ Validates Cardano’s ability to support mainstream, UX-friendly RWA applications
2) 99% Accuracy in Lifecycle Retrieval
→ Highlights Cardano’s strength in data integrity and immutability
3) 85%+ NFT Transaction Completion Rate
→ Demonstrates the efficiency of Cardano’s UTXO-based marketplace execution
4) 80%+ User Satisfaction
→ Strengthens Cardano’s positioning for enterprise and consumer-facing adoption
③ Business Validation KPIs → Bring Traditional Finance & Real-World Partners Into Cardano
1) 2+ Authentication Partners Signing LOIs
→ Shows real-world supply-side data providers adopting Cardano
2) 1+ Financial Institutions validating data-service integration
→ Positions Cardano as a credible chain for consumer asset financing
3) 2+ Luxury Resale Partners joining MVP
→ Connects Cardano to a USD $8 trillion second-hand luxury market
4) 1+ Vault Custody Partners participating
→ Demonstrates a full “off-chain custody → on-chain identity” RWA model
Above success metrics demonstrate high value for Cardano chain adoption.
Please describe your proposed solution and how it addresses the problem
1. Blockchain Asset Passport (Full On-Chain Lifecycle Record)
Every authenticated and vault-stored luxury item receives a tamper-proof on-chain “Asset Passport,”
containing authenticity records, maintenance logs, ownership transfers, vault status, market valuation trends, and transaction history.
This creates a trusted, verifiable data standard for buyers, insurers, and financial institutions.
2. Secure Vault Custody for Stable, Verifiable Physical Assets
Assetique partners with certified vaults to provide professional custody services, including:
Vault custody ensures the item remains stable, protected, and verifiable,which is a requirement for financialization.
3. NFT/RWA Tokenization for Enhanced Liquidity
Each luxury item is minted as an NFT or RWA token representing full ownership and custody rights.
Holders can:
This transforms luxury goods into liquid, collateral-ready financial assets.
4. Redeemable NFT Mechanism
When users wish to retrieve the physical item, they simply:
The NFT is then burned or marked as redeemed, preventing duplication or fraudulent claims.
5. Financial Integration: APIs, Lending, and Asset Verification
Assetique provides standardized APIs and risk assessment reports for financial institutions, enabling:
This establishes the first real bridge between the luxury goods industry and the financial system, bringing real-world assets into Web3 finance.

Please define the positive impact your project will have on the wider Cardano community
Assetique will become a foundational pillar of Cardano’s Real-World Asset (RWA) ecosystem, delivering measurable, long-term value to the chain through standardized data infrastructure, real-world adoption, and sustainable on-chain financial activity.
① The Core Infrastructure for Decentralized Asset Verification
(Cardano’s first structured data layer for high-value movable assets)
The global luxury and collectible markets lack a trusted, unified system for on-chain verification.
Assetique integrates, for the first time:
This framework applies not only to luxury goods, but also to artworks, collectibles, vintage items, and other high-value physical assets.
Ecosystem benefits for Cardano:
Establishes Cardano’s RWA Metadata Standard adopted by future asset-tokenization projects
Positions Cardano as the leading chain for high-value asset identity
Brings authentic real-world data (authenticator → vault → merchant) onto Cardano
Enables cross-project interoperability for RWA applications
⮕ Cardano becomes the reference chain for high-value physical asset identity.
② A Global Leader in RWA Financialization
(The first full lifecycle: On-chain verification → NFT/RWA → DeFi lending)
The USD $8 trillion global luxury market remains almost entirely outside Web3.
Assetique is the first platform to implement a complete, verifiable financialization cycle:
On-chain authentication → Full asset lifecycle → NFT/RWA → Collateralized lending
This unlocks liquidity for luxury assets that previously could not be financed or collateralized.
Ecosystem benefits for Cardano:
Attracts real financial institutions (banks, insurers, asset managers) to Cardano
Brings high-net-worth (HNW/UHNW) users into the chain
Increases demand for stablecoins across Cardano DeFi
Creates a defensible, differentiated “luxury finance” moat exclusive to Cardano
⮕ Cardano becomes the most advanced RWA-finance chain in the Web3 industry.
③ Sustainable On-Chain Activity & Financial Circulation
(A long-term engine for Cardano’s transaction volume and liquidity)
Unlike speculative dApps, luxury assets generate continuous, multi-year on-chain activity:
This creates a self-sustaining, compounding economic loop.
Expected quantifiable impact on Cardano:
• Million-dollar TVL from RWA lending pools
Luxury-backed liquidity enters Cardano DeFi.
• Daily 100+ NFT/RWA transactions
Becoming the chain with the most significant real-world asset trading activity.
• Increased stablecoin velocity
Driven by fees, settlements, borrowing, and repayments.
• 60–80% long-term retention
Because users hold real, valuable physical assets instead of speculative tokens.
• Stable, recurring transaction fees
Providing Cardano with predictable, long-term on-chain activity.
Assetique is not just a luxury asset platform, it is a foundational RWA engine for Cardano: establishing standards, bringing real-world data on-chain, expanding financial utility, generating sustainable transaction volume, and attracting high-value users and institutional partners. Assetique strengthens Cardano as a global leader in real-world asset tokenization.
What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?
The secondary luxury market has a clear and urgent need for authenticity verification, transparent provenance, and secure custody.
High-value asset owners consistently look for better preservation, valuation transparency, and liquid trading channels.
Collectors are already accustomed to paying for authentication, maintenance, vaulting, and insurance. Assetique simply upgrades an existing demand, no market education is required.
Unlike Ethereum, Solana, BNB Chain, or Polygon,
Cardano’s architecture is uniquely aligned with the requirements of luxury asset provenance, on-chain identity, and financialization.
(1) eUTXO is ideal for asset provenance & lifecycle tracking
Luxury assets require:
Cardano’s extended-UTXO model offers:
⮕ Luxury asset provenance maps perfectly onto eUTXO.
(2) Native Assets (NFTs) without smart contracts -> safer, cheaper, more scalable
For luxury items, NFTs act as digital twins.
On Cardano:
⮕ Ideal for large-scale onboarding of watches, handbags, jewelry, and collectibles.
(3) Plutus smart contracts excel at complex financial logic
Luxury-collateral lending requires:
Cardano’s Haskell/Plutus foundation provides:
⮕ Luxury RWA lending needs “zero tolerance for error”. Cardano is built for this.
(4) Cardano offers the lowest “data uncertainty risk” among major chains
RWA cannot tolerate:
Cardano is designed for:
⮕ Essential for regulated markets and institutional-grade assets.
(5) Cardano excels in long-cycle, data-dense applications
Luxury assets have 10–30 year life cycles:
This requires a blockchain with stable, predictable, long-term data management.
⮕ Cardano’s architecture is a natural fit.
The global luxury resale market exceeds $300B and keeps growing.
Authentication companies, vaulting providers, and resale merchants already operate mature businesses that can integrate directly with Assetique.
Financial institutions, like banks, insurers, and wealth managers, urgently need verifiable asset data.
Assetique’s APIs provide:
Cardano’s data integrity gives institutions confidence in using NFT/RWA as financial reference data.
Luxury RWA requires extremely high security and traceability.
Cardano enables:
Combined with physical vaulting, this minimizes fraud risk and prevents item substitution or data manipulation.
Milestone Title
UI/UX Development & Data Architecture Design
Milestone Outputs
Acceptance Criteria
Evidence of Completion
Delivery Month
3
Cost
60000
Progress
20 %
Milestone Title
On-chain Data Integration & NFT Minting
Milestone Outputs
Acceptance Criteria
Evidence of Completion
Delivery Month
4
Cost
60000
Progress
50 %
Milestone Title
NFT Marketplace & Light Verification Function
Milestone Outputs
Acceptance Criteria
Evidence of Completion
Delivery Month
3
Cost
50000
Progress
80 %
Milestone Title
Milestone 4 — Full MVP Integration & Public Beta
Milestone Outputs
Public demo environment in Mainnet
Full documentation package (API specs, technical docs, user guides)
100+ simulated luxury asset cases
Acceptance Criteria
Evidence of Completion
Delivery Month
2
Cost
30000
Progress
100 %
Please provide a cost breakdown of the proposed work and resources
Core Development ($ADA 65,000):
Smart Contract ($ADA 40,000):
UI/UX + Interface ($ADA 45,000):
Testing & Hosting ($ADA 20,000):
Security & Audit ($ADA 15,000):
Documentation ($ADA 15,000):
Total $ADA 200,000
How does the cost of the project represent value for the Cardano ecosystem?
Assetique turns high-value luxury items into on-chain assets that continuously generate blockchain activity.
Every asset onboarding, authentication update, NFT minting, marketplace trade, and lending liquidation produces recurring interactions with Cardano.
This creates:
Unlike short-cycle memecoin or hype-driven traffic, Assetique creates durable, utility-driven on-chain volume.
Projected 12 months after launch:
Stable fee revenue contributing to Cardano Mainnet
⮕ Assetique acts as a long-term transaction engine for Cardano DeFi and RWA adoption.
Assetique will open-source key technical standards, enabling Cardano to become the leading chain for high-value RWA tokenization:
The impact is ecosystem-wide:
Expected influence:
15+ related RWA or data-onboarding projects adopting the Assetique framework
A unified tokenization layer for Cardano’s long-term RWA strategy
➡ Assetique becomes the standards foundation for Cardano’s RWA vertical.
The global high-value movable asset market , like luxury goods, collectibles, art, rare items, exceeds $8 trillion,but **less than 10% **of these assets can access traditional finance.
No blockchain has secured this segment.
Cardano's advantages make Assetique thrive here:
Assetique will become:
⮕ Assetique will make Cardano as the undisputed leader in luxury asset RWA, a category no other chain has captured.
I confirm that evidence of prior research, whitepaper, design, or proof-of-concept is provided.
Yes
I confirm that the proposal includes ecosystem research and uses the findings to either (a) justify its uniqueness over existing solutions or (b) demonstrate the value of its novel approach.
Yes
I confirm that the proposal demonstrates technical capability via verifiable in-house talent or a confirmed development partner (GitHub, LinkedIn, portfolio, etc.)
Yes
I confirm that the proposer and all team members are in good standing with prior Catalyst projects.
Yes
I confirm that the proposal clearly defines the problem and the value of the on-chain utility.
Yes
I confirm that the primary goal of the proposal is a working prototype deployed on at least a Cardano testnet.
Yes
I confirm that the proposal outlines a credible and clear technical plan and architecture.
Yes
I confirm that the budget and timeline (≤ 12 months) are realistic for the proposed work.
Yes
I confirm that the proposal includes a community engagement and feedback plan to amplify prototype adoption with the Cardano ecosystem.
Yes
I confirm that the budget is for future development only; excludes retroactive funding, incentives, giveaways, re-granting, or sub-treasuries.
Yes
I Agree
Yes
Our team brings a unique combination of deep technical expertise, real-world data experience, and large-scale operations know-how.
With 8 years of hands-on experience in semiconductor data inspection, AI model deployment, supply chain operations and project management, we are exceptionally equipped to build and scale Assetique’s on-chain luxury asset infrastructure.
1. 8 Years of Semiconductor Data & AI Experience → Building Reliable Asset Provenance
Semiconductor manufacturing demands extreme accuracy, traceability, and data integrity — the exact qualities required to build a trustworthy on-chain lifecycle for luxury assets.
Our team has independently developed multiple AI-driven and analytical systems, including:
These capabilities fits Assetique’s core needs:
This enables us to transform real-world luxury asset data into verifiable, tamper-proof on-chain records what RWA requires.
2. Supply Chain & Project Management Experience → Coordinating Multi-Party Ecosystems
In the semiconductor industry, we managed complex workflows involving multiple teams and external partners, such as:
This directly parallels the operational complexity of Assetique’s environment, which connects:
We understand how to:
Luxury asset RWA is not only a technology challenge — it is a process integration challenge.
Our background prepares us to execute this flawlessly.
3. Technical skill × Operation Management × Product Thinking → The Right Team for RWA Execution
Years of experience in high-stakes semiconductor environments give our team:
End-to-end system planning capabilities
A strong instinct for data accuracy and traceability
Rigor in quality control and risk management
The ability to turn complex real-world processes into usable digital products
Assetique requires all of these:
data integrity, multi-party coordination, lifecycle tracking, and scalable productization.
These demands align precisely with our team’s core strengths.