RWARD stands for Real World Assets Redefined by DeFi, and is pronounced REWARD [rɪˈwɔrd ] to assert its goal of generating and distributing reward-like income.

RWARD is bringing liquidity to traditionally illiquid assets, enhancing accessibility and market participation, while generating and distributing income to both asset owners
and investors.

The RWARD platform represents a pioneering initiative in Asset Management that revolutionizes the accessibility and liquidity of Real-World Assets.

Liquidity refers to the ease with which an asset can be converted into another asset like cash without affecting its market price. “Illiquidity” in essence occurs when an asset cannot be traded or sold with ease and without incurring a loss in value relative to its “fair market” value.

Some real estate, art collections, classic cars collection, exclusive gemstones, IP, In-ground mines reserves, renewable energy power plant, mining farms, etc… are considered as illiquid assets.

Fiduciaries:

In RWARD process, fiduciaries are leading many important roles: they are setting up the asset pledge with the asset owner, they are entitled to handle the asset during the pledge duration, they are the issuer of the tokens, they are the recipient of the funds received from the sale of the tokens, they manage the wallet if requested by the member, they are transferring funds to the Defi traders, etc….

Custodians:

If the physical asset is movable, it will be kept in a secure storage that ensures the asset associated with the NFT is protected for theft, damage, and loss. It also builds trust and confidence among NFT and tokens holders, and allows them to retrieve their asset easily. So, RWARD platform will contract with third-party secure storage facilities to ensures assets owners of the safety of their assets by providing reliable and organized storage process.

 Validators:

Secure “oracles” [validators] are keys for asset tokenization to reach its full potential, as markets need reliable information about the underlying assets in several key processes such as minting, trading, management, and more.

DeFi trading companies:

RWARD will instruct the fiduciaries to dispatch the funds to several reputable DeFi trading companies according to the risk management strategy.

This risk-free pledge agreement serves as a "Proof of Trust," demonstrating the Asset Owner's trust in the RWARD Platform. The Asset Owner agrees to temporarily transfer the following asset to the Fiduciary for the specified period. RWARD Platform will issue an p-NFT mirroring the asset data and value, and will issue tokens by fractionalizing the p-NFT.

During the agreed-upon period, the Asset Owner expressly waives any recourse against the transferred asset.

In the same time, the Fiduciary holds the asset solely for the purpose of demonstrating the Asset Owner's trust in the RWARD Platform, and cannot put the asset in any collateralization process.

The Tokens are non-recourse to the assets, funds and accounts of RWARD and any affiliates and subsidiaries thereof, except to the extent of payments actually received by RWARD

RWARD validators, custodians, fiduciaries, and auditors (aka “oracles”) provide a legal wrapper through the "RWARD Legal Conduit," ensuring asset data integrity.

RWARD oracles are asset specific institutions or individuals with asset expertise, servicing as the guardian of authenticity, ensuring that every asset-backed NFT genuinely represents its corresponding physical asset.

RWARD NFTs are physical NFTs [also called p-NFTs, taking their name from NFTs representing physical assets] serving unique digital vaults, and encapsulating exhaustive, verified information about each asset. It is a certificate of authenticity and value, and also a ledger of its entire data.

RWARD issues a digital clone of the asset in the form of an p-NFT with the asset data as the metadata of the NFT (asset data is stored in the IPFS cloud and the Hash represents the NFT (metadata).

After an asset is onboarded, and an p-NFT is minted on-chain, this NFT is used as a representation of the off-chain asset linked to fractionalized digital tokens in an investment pool.

RWARD platform mirrors the physical assets in p-NFTs, setting a new industry standard.

IPFS was created in 2015 by Protocols Labs, a research, development, and deployment lab that specializes in Web3 network protocols. On IPFS, all “hashes” are encoded as a multi-hash, self-describing hash format [SHA2-256], a 64-hexadecimal digit.

p-NFTs are the core of RWARD platform innovative approach. Unlike standard NFTs, p-NFTs are customized digital assets that represents a unique item or asset. Each p-NFT serves as a digital identity card for an asset, encompassing a wealth of information from its originator data to its ownership history and values.

Each p-NFT will be split into two sub-NFTs : an Ownership Representation NFT (OR-NFT) where the ownership rights are lodged in, and a Valuation Representation NFT (VR-NFT) where the value of the asset is the NFT core.

Then the VR-NFT is fractionalized in tokens for the aggregated and agreed value of the RWARD pledge agreement eventually mixed with the C-ratio.

The tokens will be on sale and Members will buy them through crypto currencies or fiat currencies. Tokens will be stored into Members personal wallet or into wallets managed by the Fiduciary if requested.

RWARD offers tailored, customized solutions, prioritizing regulatory adherence, brand reputation, and excellence in every venture.

RWARD is a bespoke asset management platform that allows illiquid asset owners not only to pledge risk-free their asset, but to receive reward-like passive income during
the life of the pledge.

Once an owner has its asset onboarded with RWARD, it means that the asset owner, after having completed its own Due Diligences, believes that RWARD will bring him income in an amount significantly higher than that of an investor with regard to the level of valuation. That is the Proof of Trust concept behind the RWARD project.

For every p-NFT issued by RWARD, there is an unique real-life asset it’s tied to.

Between buyers of tokens and RWARD, a sale token agreement will be in place to set up the price, the yield, the lock-up period, the exit strategy, and more.

As said above, RWARD will never handle funds from its Members. Funds will be entrusted in custody into fiduciaries.

The collateralization ration [C-Ratio] is Asset Value / Tokens Value. It must be > 1.50 to provide additional security to tokens buyers.

RWARD will entrust best-of-the-class DeFi trading companies to manage the funds received from the sale of the tokens.

RWARD platform uses advanced blockchain technology to create secure, immutable digital tokens as proof of authenticity. RWARD platform also undergoes regular security audits to ensure robust protection against unauthorized access.

RWARD NFTs (p-NFTs) serve as unique digital vaults, encapsulating exhaustive, verified information about each asset, acting as certificates of authenticity and value.

The RWARD platform leverages advanced blockchain technology, utilizing an ERC 6960 smart contract to create a Dual-Layer-Token standard.

This framework enables the seamless creation of sub-NFTs and the issuance of tokens, ensuring the integrity and security of the tokenization process.

Members are interacting with a tokenized vault built on ERC 4626 standard, holding a specific ERC20 token.

When a Member deposits digital funds, the vault will mint a specific number of shares for the Member. When the Member withdraws digital funds from the vault, the correspondent amount of shares will be burnt.

RWARD understands regulations and guidelines as, depending of the countries, legal requirements can affect the tokenized asset process

The basic breakdown of the revenues generated by the DeFi trade will be allocated following the sequence:

-Fixed yield first paid to members holding tokens.
-2% management fee granted to RWARD.
-50/50 of the remaining profit shared between the asset owner and RWARD.

As the average asset pledge will have a 5-year duration, the implementation of onboarded new assets will provide RWARD with recurrent and progressive revenues, from management fees to profit-sharing.

In the future, RWARD could be split into two entities: RWARD-Asset and RWARD-DeFi.

In prep, RWARD is going to create a club membership – RWARD CLUB –and will issue its own token to be largely allocated to Members to grant them extra revenues.

RWA tokenization is the next boom in the crypto world. Competitors are now focusing on the tokenization tech, mostly in equity, financials, and real estate.

Once their assets are tokenized, their clients are facing a “What’s next?” status quo.

Competitors fail to provide
clients/investors with revenue stream.

RWARD is providing asset owners with new opportunities to generate revenues from their assets without giving up the ownership, and, in the same time, is providing a fixed-rate income to investors.

RWARD opens the path to a new generation of asset management.