Minimum Viable Product

It has been a long aim to incorporate real-world assets (RWAs) such as real estate, bonds, equities, and commodities into blockchain via smart contract or tokenization. The vision is that a unified ledger would streamline information and reduce transaction costs.

To integrate RWAs with the blockchain, a typical process is employed where:

• Starts with off-chain formalization where an asset's value is determined, followed by legally formalizing its ownership.
• Next, the asset's details are tokenized, ensuring blockchain compatibility, then subjected to regulatory compliance.
• Finally linked with decentralized oracle solution like Nibiru’s Oracle Module to represent its off-chain value.
• Dedicated DeFi platforms are critical for creating and managing these RWAs.

For an initial MVP, upon tokenization of real world assets, leverage Nibiru’s Oracle module to create a price feed and create a trading pair on Nibi-Perps.

Examples:

• Real estate: Parcl, Figure, Roofstock
• Insurance: Etherisc, Nexus Mutual
• Treasuries: Backed
• Credit: Goldfinch, Maple Finance
• Tokenization / Securitization: Centrifuge, Ondo Finance
• DeFi Credit Score: RocFi
• Security Tokens / Secondary Markets: Securitize, Oasis Pro Markets, INX
• Stablecoin: MakerDAO, Circle, Frax Finance