" Tokenization continues to garner serious momentum. On Sept. 17, Hedera, a distributed ledger technology network, launched its asset tokenization studio to promote the proliferation of real-world assets (#RWAs ) on its network. The studio comprises an #opensource toolkit facilitating the configuration, issuance, and management of tokenized RWAs such as bonds and equities. The studio offers turnkey features supporting the issuance of bond coupons, stock dividends, permissioned whitelisting, and compliance with jurisdiction-specific regulations. The toolkit allows developers to launch applications supporting token minting, transfers, and redemption, and features integrations with #Metamask and Hedera #WalletConnect to enable users to sign transactions. âBy lowering technical barriers to the tokenization of bonds and equities⊠the asset tokenization studio will contribute to the growth of Hederaâs RWA ecosystem and facilitate the on-chain migration of capital markets with a focus on compliance,â said Dr. Sabrina Tachdjian, head of fintech and payments at Hederaâs HBAR foundation. âThis initial release is a starting point as the asset tokenization studio will grow to reflect the demand for additional features, asset classes, and jurisdictions.â Hedera described the toolkit as an alternative to Ethereumâs ERC-1400 standard, which typically requires off-chain asset management. By contrast, Hederaâs studio enables fully on-chain asset tokenization. This launch comes amid growing interest in tokenized assets. An EY Parthenon survey in August 2023 found that 77% of institutional and high-net-worth investors are already involved in or exploring tokenized assets. BIS Project #Agora attracts 41 new members On Sept. 16, the Bank for International Settlements (BIS), an international institution comprising global central banks, announced that 41 finance firms joined Project AgorĂĄ â a tokenization initiative launched by BIS and seven central banks â as part of its design phase. The firms will collaborate with central banks on designing mechanisms for integrating tokenized commercial bank deposits with tokenized central bank digital currencies (CBDCs) on a unified ledger. The project seeks to streamline cross-border payments, focusing on customer verification and anti-money laundering (AML) processes."
Today's, most important, $HBAR news: đč #Hedera becomes a founding member of the #Linux Foundation's new decentralized trust initiative. đč @Hedera has joined the #MiCA Crypto Alliance, along with $XRP #Rippleđ° and #AptosFoundation , as founding members to enhance regulatory compliance and industry standards in the EU's cryptocurrency markets. đč Hedera contributes entire codebase to Linux Foundation, showcasing its commitment to open-source development.
What problems is HeadStarter solving for the users of @Hedera $HBAR ?
Through our hands-on approach to project #launches , with a high focus on project vetting and user interests, we address shortcomings seen in alternative launchpad products. We cater to the advanced needs of #IDO Launchpad users by facilitating: - Access to curated projects and protection from predatory practices - Being among the first to access the best upcoming projects - Acting as enabling #liquidity , not exit liquidity - Cheaper transactions - Secure and ultra-fast #swaps and #minting - User-friendly onboarding and swapping experience - Access to important key information about any launching project - The ability to buy and move assets between blockchains
HeadStarter's role in shapring the future of DEFÄ° in Hedera
Historically, maintaining active participation in Web3 ecosystems has been challenging when relying solely on the promise of future utility. The @Hedera ecosystem, as a sovereign economy, has experienced similar dynamics due to the limited immediate utility of $HBAR . However, with ongoing developments and expanding use cases, particularly with the launching of new protocols facilitated by HeadStarter, Hedera is on a promising path to enhancing user engagement and fostering a vibrant community.
The landscape is evolving as the advent of #DEFÄ° on Hedera enters a new era, signifying a new dawn for the Web3 economy. With crucial infrastructure components falling into place and DeFi money Legos being constructed atop one another, Hedera is poised for significant growth. The introduction of a broader range of financial instruments and opportunities for users has never been more promising, warranting an unprecedentedly optimistic outlook.
A New Dawn with DeFi
The introduction of three leading lending and borrowing protocols is set to shape Hederaâs financial landscape. These protocols â #HLiquity , based on @Liquity of @Ethereum , #Bonzo based on #AaveProtocol , and Sirio Finance, which harnesses the power of #Artificiallnteligence , â not only enhance liquidity, the velocity of on-chain assets, and their utility but also provide diverse financial instruments that cater to a broader user base and an increased number of participants. This development represents the culmination of community efforts to build a resilient and dynamic DeFi ecosystem, created by the people and for the people, fostering a thriving and improved economy.
HeadStarter's mission is to empower visionary #Builders by leveraging tailored services and create a powerful start-up #fundinground on #hedera [ $HBAR ], with advantages for early community members and users. Our comprehensive platform features versatile #crowdfunding models, private funding, acceleration, #grants and incubation.
Learn more about our mission as original HBARbarians below: https://docs.headstarter.org/what-is-headstarter/mission
We've just joined Square but we've been building in the web3 space since 2021 so let's introduce ourselves, starting at the very beginning:
What is HeadStarter?
HeadStarter is an ecosystem-focused web3 #launchpad and platform, featuring acceleration, incubation & grants programs, with a @Hedera ($HBAR ) DLT Network focus.
Our operation includes but its not limited to:
âŠïžHeadStarter dApp: a versatile suite of #crowdfunding products and tailored go-to-market strategies to enable #Hedera Startups reach their goals.
âŠïžHeadStarter Limited: The Foundation in charge of the management of treasuries and platform operations.
âŠïžBuidler Labs: The software development house responsible for product development and maintenance.
âŠïžThe HeadStarter #DAO : A decentralized autonomous organization overseeing platform development, decision-making, and governance through collective decision-making, enabled by the #HeadStarter Token ( $HST ).
âŠïžThe HeadStarter Committee: A league of partners, angel investors, family offices & VC institutions, supporting HeadStarter initiatives, backing HeadStarter projects.