1/ Altair $AIR - Bridges real-world assets (RWA's) into DeFi, providing liquidity for asset owners and stable yield for investors π₯
This is a fantastic project with potential beyond belief.
I hope you find value πͺ
@centrifuge $KSM $DOT $CFG #Polkadot #Kusama #RWA
This is a fantastic project with potential beyond belief.
I hope you find value πͺ
@centrifuge $KSM $DOT $CFG #Polkadot #Kusama #RWA
2/ Thread Menu
β $CFG & $AIR
β What Is It
β Asset Originators
β Lenders / Investors
β Problems with Traditional Banking
β Value Prop
β $KSM parachain
β How Does to Altair Operate
β Tokenized Assets
β NFT's & P2P Protocol/Node
β Tinlake
β Revolving Pools
$KSM $DOT
β $CFG & $AIR
β What Is It
β Asset Originators
β Lenders / Investors
β Problems with Traditional Banking
β Value Prop
β $KSM parachain
β How Does to Altair Operate
β Tokenized Assets
β NFT's & P2P Protocol/Node
β Tinlake
β Revolving Pools
$KSM $DOT
3/ (cont.) Thread Menu
β ChainSafe Bridge
β Token Utility
β Incentives
β Tokenomics
β Roadmap
β Team
β Partnerships
β Investors
β Verdict
$KSM $DOT $CFG $AIR
β ChainSafe Bridge
β Token Utility
β Incentives
β Tokenomics
β Roadmap
β Team
β Partnerships
β Investors
β Verdict
$KSM $DOT $CFG $AIR
4/ $CFG owns $AIR
As per Polkadot/Kusama's design, tokenization of the most experimental assets & financing will happen on Altair before deployment on Centrifuge
$CFG & $AIR are close in design, but $AIR has special experimental features incorporated into its design
$MOVR
As per Polkadot/Kusama's design, tokenization of the most experimental assets & financing will happen on Altair before deployment on Centrifuge
$CFG & $AIR are close in design, but $AIR has special experimental features incorporated into its design
$MOVR
5/ So What Is $AIR
$AIR, built on Parity's Substrate & bridged to Ethereum, is a connection, a bridge, that allows for the transfer of real-world assets (RWA's) into DeFi
RWA's include: assets such as invoices, mortgages, royalties, etc. (more on RWA types later)
$AIR, built on Parity's Substrate & bridged to Ethereum, is a connection, a bridge, that allows for the transfer of real-world assets (RWA's) into DeFi
RWA's include: assets such as invoices, mortgages, royalties, etc. (more on RWA types later)
6/ $AIR Asset Originators (AO's)
Two categories of users can benefit from Altair
A) ASSET ORIGINATORS - such as small and medium-sized enterprises (SME's) can tokenize their RWA's and use them as collateral for financing.
$KSM $DOT $CFG $AIR #Polkadot #Kusama
Two categories of users can benefit from Altair
A) ASSET ORIGINATORS - such as small and medium-sized enterprises (SME's) can tokenize their RWA's and use them as collateral for financing.
$KSM $DOT $CFG $AIR #Polkadot #Kusama
7/ $AIR Lenders / Investors
B) LENDERS / INVESTORS
Altair enables Defi users (investors) to earn stable yields by investing in real-world companies.
In addition, the money (stable coin) invested generates bankless liquidity for AO's
B) LENDERS / INVESTORS
Altair enables Defi users (investors) to earn stable yields by investing in real-world companies.
In addition, the money (stable coin) invested generates bankless liquidity for AO's
8/ $AIR - Problems with Traditional Banking
β€ Only large businesses get direct access to liquid capital markets
β€ The value locked in traditional RWA's is not accessible
β€ SME's lack competitive interest rates
β€ Saving accounts offer extremely poor interest rates
β€ Only large businesses get direct access to liquid capital markets
β€ The value locked in traditional RWA's is not accessible
β€ SME's lack competitive interest rates
β€ Saving accounts offer extremely poor interest rates
9/ $AIR - Value Prop
β€ No need for conventional banking system's
β€ Lowers the barrier of entry for originating and investing in assets
β€ Creates a bridge between the real world and DeFi
β€ Scales asset financing
β€ Secured KSM parachain
#blockchain #parachain
β€ No need for conventional banking system's
β€ Lowers the barrier of entry for originating and investing in assets
β€ Creates a bridge between the real world and DeFi
β€ Scales asset financing
β€ Secured KSM parachain
#blockchain #parachain
10/ $AIR Kusama Parachain
Altair can benefit from a $KSM parachain in ways such as added security, cross-chain interoperability, on-chain governance decision making & implementation, also with extremely fast & cheap transactions!
A massive milestone for $AIR π₯
$DOT $KSM $MOVR
Altair can benefit from a $KSM parachain in ways such as added security, cross-chain interoperability, on-chain governance decision making & implementation, also with extremely fast & cheap transactions!
A massive milestone for $AIR π₯
$DOT $KSM $MOVR
11/ $AIR - AO's - Working Operation
From Bob's lumber business, his docs show he is owed $10k from Alice, but she cannot settle for another 30 days
Bob cannot wait; he has bills. So what can he do?
Bob can tokenize his invoice into an NFT & use it as collateral for a loan
From Bob's lumber business, his docs show he is owed $10k from Alice, but she cannot settle for another 30 days
Bob cannot wait; he has bills. So what can he do?
Bob can tokenize his invoice into an NFT & use it as collateral for a loan
12/ $AIR - AO's - Working Operation
The loan, issued in stable coin, is performed through the Tinlake DAPP
When Alice pays Bob back, he can pay back the loan in full, partially, or whenever he desires as long as it complies with the terms and conditions of the loan agreements
The loan, issued in stable coin, is performed through the Tinlake DAPP
When Alice pays Bob back, he can pay back the loan in full, partially, or whenever he desires as long as it complies with the terms and conditions of the loan agreements
13/ $AIR - Investors / Lenders - Working Operation
Lenders provide liquidity for Bob's assets. In exchange, lenders earn a stable yield (AIR rewards) on their investment.
On the Tinlake #DAPP, several companies are open for investment, all of which have various APRs.
Lenders provide liquidity for Bob's assets. In exchange, lenders earn a stable yield (AIR rewards) on their investment.
On the Tinlake #DAPP, several companies are open for investment, all of which have various APRs.
14/ Altair - Tokenized Assets
The list of potential tokenized assets solely depends on how big your imagination is!
Common assets such as invoices, mortgages, and royalties can be tokenized
The list of potential tokenized assets solely depends on how big your imagination is!
Common assets such as invoices, mortgages, and royalties can be tokenized
15/ Altair -(cont.) Tokenized Assets
Rare or high-value NFT's such as @MoonsamaNFT could be used as collateral!
Real Estate, collectibles, entire businesses, vintage cars, helicopters, private jets, etc., are high potential asset classes that may be eligible for tokenization π€―
Rare or high-value NFT's such as @MoonsamaNFT could be used as collateral!
Real Estate, collectibles, entire businesses, vintage cars, helicopters, private jets, etc., are high potential asset classes that may be eligible for tokenization π€―
16/ $AIR - NFTβs & P2P Protocol/Node
To keep Asset Originators loan details private, Altair uses privacy-enabled NFT's, executed on a private P2P trusted (peer-to-peer) network π₯
Tracking public asset ownership is carried out on a decentralized public ledger as normal
$CFG
To keep Asset Originators loan details private, Altair uses privacy-enabled NFT's, executed on a private P2P trusted (peer-to-peer) network π₯
Tracking public asset ownership is carried out on a decentralized public ledger as normal
$CFG
17/ $AIR - NFTβs & P2P Protocol/Node
This combination of private and public ledgers is essential to Altair's operation
Segments of the process will remain centralized for the time being. The tokenization of assets needs to be approved/disapproved as part of the onboard process
This combination of private and public ledgers is essential to Altair's operation
Segments of the process will remain centralized for the time being. The tokenization of assets needs to be approved/disapproved as part of the onboard process
18/ $AIR - Tinlake
Tinlake is Altair's smart contract DAPP Marketplace.
It unites both asset originators & Investors for the ultimate Defi experience.
Tinlake is currently built on ETH. However, it plans to migrate to Altair Chain & a secure p2p protocol
Tinlake is Altair's smart contract DAPP Marketplace.
It unites both asset originators & Investors for the ultimate Defi experience.
Tinlake is currently built on ETH. However, it plans to migrate to Altair Chain & a secure p2p protocol
19/ Tinlake
Two different tokens the investor can invest with, TIN & DROP
β€ TIN (risk token) β high risk / high reward (Risk token takes the risks of defaults)
β€ DROP (yield token) β low risk / low stable rewards (Yield token is protected against defaults by Risk token)
Two different tokens the investor can invest with, TIN & DROP
β€ TIN (risk token) β high risk / high reward (Risk token takes the risks of defaults)
β€ DROP (yield token) β low risk / low stable rewards (Yield token is protected against defaults by Risk token)
20/ $AIR - Revolving Pools
Revolving pools allow users to investors or withdraw their funds at any time
This is achieved by a decentralized mechanism that ensures Asset Originators have a constant source of liquidity while investors can flexibly invest and redeem
$CFG $MOVR
Revolving pools allow users to investors or withdraw their funds at any time
This is achieved by a decentralized mechanism that ensures Asset Originators have a constant source of liquidity while investors can flexibly invest and redeem
$CFG $MOVR
21/ $AIR - ChainSafe Bridge
This ChainSafe bridge (a substrate pallet implementation) allows the safe transfer of assets between Altair Chain and Ethereum
#Polkadot #Kusama $CFG
This ChainSafe bridge (a substrate pallet implementation) allows the safe transfer of assets between Altair Chain and Ethereum
#Polkadot #Kusama $CFG
22/ $AIR - Token Utility
AIR - native token that powers Altair
With basic functionality delegated to Kusama, the AIR token has no limits β it can become more than a traditional network token
β€ Om-chain governance
β€ Transaction fees
β€ Staking / Security
β€ Reward adoption
AIR - native token that powers Altair
With basic functionality delegated to Kusama, the AIR token has no limits β it can become more than a traditional network token
β€ Om-chain governance
β€ Transaction fees
β€ Staking / Security
β€ Reward adoption
23/ $AIR - Incentives
β€ Staking rewards
β€ Validator rewards
β€ On-chain governance
β€ Adoption Rewards
$CFG $DOT $KSM $MOVR #Polkadot #Kusama
β€ Staking rewards
β€ Validator rewards
β€ On-chain governance
β€ Adoption Rewards
$CFG $DOT $KSM $MOVR #Polkadot #Kusama
24/ $AIR - Tokenomics
I have reached out to the team for more details on full tokenomics including, T. Supply, Inflationary/Deflationary models, vesting for crowdloan participants, initial MC, etc.
I will update this thread as I receive
For now, see below
I have reached out to the team for more details on full tokenomics including, T. Supply, Inflationary/Deflationary models, vesting for crowdloan participants, initial MC, etc.
I will update this thread as I receive
For now, see below
25/ $AIR - Roadmap
I have reached out to the team for more information regarding Altair Roadmap - I will keep you updated as I receive
I have reached out to the team for more information regarding Altair Roadmap - I will keep you updated as I receive
26/ $AIR has a solid team with lots of experience from companies such as
Consensys, Electric Coin Company, Parity, Goldman Sachs, Credit Suisse, SAP, Microsoft, Deloitte, United Nations, Federal Reserve
β€ Lucas Vogelsang (CEO & Co-Founder)
β€ Martin Quensel (Co-Founder)
Consensys, Electric Coin Company, Parity, Goldman Sachs, Credit Suisse, SAP, Microsoft, Deloitte, United Nations, Federal Reserve
β€ Lucas Vogelsang (CEO & Co-Founder)
β€ Martin Quensel (Co-Founder)
27/ $AIR Partnerships
Altair has a large number of partnerships, including, MakerDAO, Aave, & Paperchain
All partnerships add value to Altair in their own unique way. Please see the image below for further detail
Altair has a large number of partnerships, including, MakerDAO, Aave, & Paperchain
All partnerships add value to Altair in their own unique way. Please see the image below for further detail
28/ $AIR Investors
Mosaic, BlueYard, & Fintech Collective were the main contributors to the seed round, with a total contribution of $8m
The 2nd round of investments was made by investors such as Fenbushi, Galaxy Digital, IOSG, and Moonwhale
Mosaic, BlueYard, & Fintech Collective were the main contributors to the seed round, with a total contribution of $8m
The 2nd round of investments was made by investors such as Fenbushi, Galaxy Digital, IOSG, and Moonwhale
29/ $AIR Verdict
Altair's unique use case will provide so much value to SME's and individuals that require bankless liquidity of their assets with ease of use
It incorporates Defi, NFT's, RWA's, and a Kusama Parachain. An all-in-one crypto mind-blowing package
$DOT $KSM $CFG
Altair's unique use case will provide so much value to SME's and individuals that require bankless liquidity of their assets with ease of use
It incorporates Defi, NFT's, RWA's, and a Kusama Parachain. An all-in-one crypto mind-blowing package
$DOT $KSM $CFG
30/ (cont.) $AIR Verdict
Altair's DAPP Tinlake is very easy to use with good UI/UX. RWA's are not correlated with the cryptocurrency markets, so high volatility is less likely
The $KSM parachain slot also adds significant value to $AIR, opens up a world of features & benefits
Altair's DAPP Tinlake is very easy to use with good UI/UX. RWA's are not correlated with the cryptocurrency markets, so high volatility is less likely
The $KSM parachain slot also adds significant value to $AIR, opens up a world of features & benefits
31/ $AIR Verdict
The benefits associated with borrowing against RWA's on-chain in a bankless way will escalate the world of DeFi to all-time highs
Potential to bring trillions of dollars into Defi. I can't even begin to imagine where $AIR will be in two years from now π₯
The benefits associated with borrowing against RWA's on-chain in a bankless way will escalate the world of DeFi to all-time highs
Potential to bring trillions of dollars into Defi. I can't even begin to imagine where $AIR will be in two years from now π₯
32/ $AIR Review Rating
I am still waiting on more information from the team concerning Tokenomics and Roadmap, so I can not give this a rating yet.
When I receive more information, I will provide a rating
I hope the thread has shown you the value $AIR brings to the table
I am still waiting on more information from the team concerning Tokenomics and Roadmap, so I can not give this a rating yet.
When I receive more information, I will provide a rating
I hope the thread has shown you the value $AIR brings to the table
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