Asset Management on the Ledger

1. Allow users to simply follow a form submission, varying by asset.

2. Reach legal and technical consensus on various asset standards.

Partial development exists for: Form UI+backend (Documents, Real Estate, Art: physical/virtual) and python code to execute minting

The goal of this project is to push utilization of NFTs for managing a user or organization's assets on the public ledger. Issuance of these assets should be as simple as filling out a specified form, varying in detail depending on the type of asset selected. 

Business Model

Charge user 1 ₳ per asset issuance or a preferred rate for enterprise customers.

We forecast an impact of 1000 users in the first month that will generate 3000 ADA in fees, assuming the average user will tokenize 3 assets. 

KPI

Development Milestones

• Set up a series of well-defined metadata standards for various assets:

• Documents (ie. Whitepapers, academic papers, legal documents, presentations, design specifications, tickets, licenses, etc.)
• Real Estate Properties

• Deploy web interface for users to automatically instate these assets
• Deploy backend to instantiate assets on the blockchain

Usage Metrics

• Issue 1000 user requested assets or collect 3000 ADA in fees

Development Notes

Progress exists on the following fronts:

Partially developed python wrapper for the Cardano node with the following functionality:

• Managing and creating "accounts" (policyIDs)
• Issuing token(s) based on pre-existing metadata file
• Feed in transaction queue
• Feed in minting queue (WIP)

Partially developed full stack solution to submit mint requests for:

• General Document
• Real Estate
• Physical Art
• Virtual Art

Integrated payment systems

• Stripe (Credit/Debit)
• Cardano transaction listener