Real is a novel blockchain network designed specifically for real-world financial assets (RWA). It delivers a decentralized, transparent, and secure platform for:
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Asset Tokenization: Representing cash-flow generating assets on-chain with embedded metadata for classification and provenance.
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Risk Assessment: Assigning probability-of-default (PD) scores to assets via specialized scoring entities.
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Embedded Insurance: Allowing insurance providers to underwrite cash flows, creating insured and non-insured tranches.
The network architecture comprises two types of validators:
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Normal Validators: Maintain network integrity by validating blocks and securing consensus.
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Business Function Validators: Tokenization companies, risk scoring companies, and insurance companies stake native $ASSET tokens; misbehavior can result in stake slashing.
Real uses a Cosmos Tendermint-based Proof-of-Stake consensus with adaptive staking rewards inspired by Polkadot. The native $ASSET token has an initial supply of 1,000,000,000 tokens and a first-year inflation of 52,500,000 tokens (5%), decreasing annually.
To fund development and launch, Real seeks to raise USD 4 million in exchange for 15.5% of the initial $ASSET token supply.