AssetMint Whitepaper
Transforming Real-World Assets into Borderless Digital Value
1. Project Overview & Vision
1.1 Mission Statement
AssetMint brings real-world assets (RWA) onto Binance Smart Chain (BSC), turning property, commodities, and revenue-generating contracts into liquid, transparent, and easily tradable on-chain tokens.
1.2 Why BSC?
1.3 Core Proposition
One-Click Tokenization
Convert vetted RWAs into ERC-20-compatible tokens on BSC in minutes.
Unlimited Timeshare Ownership
Minimum investment drops from millions of dollars to hundreds of dollars, unlocking a new group of investors.
Embedded Compliance Layer
Built-in KYC/AML and jurisdictional screening inside every smart contract invocation.
Instant Liquidity & Yield
Dual-layer liquidity pools plus auto yield redistribution stream off-chain income (rent, interest) directly to wallets.
1.4 Problems We Solve
1.5 Vision 2025–2030
Total Value Tokenized
> US $10 billion in cumulative RWAs on BSC.
Global Coverage
Legal onboarding frameworks in at least 10 major jurisdictions.
Inter-Chain Bridges
Native bridges to Ethereum, Arbitrum, and Cosmos zones, with BSC remaining the settlement hub.
DeFi Composability
AssetMint RWA tokens accepted as collateral across leading BSC money-markets and derivative platforms.
Reg-Tech Leadership
Open-source compliance modules adopted as the industry standard for RWA issuance on EVM chains.
1.6 Key Success Metrics
1.7 Strategic Roadmap Snapshot
(Chapter 7 details full plan)
Q3 2025
Beta launch on BSC testnet with real-estate pilot.
Q4 2025
Mainnet launch; liquidity mining incentives go live.
H1 2026
Cross-chain bridge to Ethereum; institutional custody partnerships.
H2 2026
Governance DAO activation; first security-token issuance compliant with EU MiCA.
2. Market Landscape & Pain Points
2.1 Size and Momentum
Take-away
Even at today's scale, RWAs are expanding faster than exchange-traded funds did in their first decade—pointing to a multi-trillion-dollar addressable market.
2.2 Growth Drivers
2.3 Competitive Landscape & Gaps
Gap
No platform yet combines broad asset coverage, automated compliance, deep DeFi liquidity, and instant yield streaming in a single, chain-agnostic stack—precisely the niche AssetMint targets.
2.4 Persistent Pain Points
2.5 Opportunity for AssetMint
3. Platform Solution & Technical Architecture
3.1 Solution Overview
3.2 Layered Architecture
3.3 Key Modules
Tokenization Engine
- Deploys an ERC-20-compatible asset token plus an ERC-721 "master NFT" that holds legal provenance and on-chain cap-table metadata.
- Supports dynamic fractionalization, letting holders split or merge tokens without re-issuance.
Compliance Firewall
- Embeds KYC/AML, sanction screening, and jurisdictional rule-sets into each transfer call.
- Rule-sets are upgradeable via DAO governance so regulatory changes never require contract migration.
Dual-Layer Liquidity Pools
- Layer 1: Constant-product AMM for round-the-clock retail trading.
- Layer 2: Order-book + professional market-maker integration for block trades and reduced slippage.
- A router contract auto-routes orders to the layer with the best execution price.
Oracle & Data Service
- Pulls price feeds, valuations, rental income, interest payments, and ESG attestations.
- Publishes authenticated data hashes on-chain; full payloads are stored on IPFS / Arweave for auditability.
Yield Streamer
- Converts off-chain cash flows into yield tokens and streams them to holders every block.
- Uses Merkle proofs to let wallets claim missing distributions without gas-intensive re-calculation.
Custody Framework
- Supports self-custody (MetaMask, Ledger) and institution-grade multisig vaults (Fireblocks, Copper).
- Asset-backing documents and bank attestations are time-stamped, notarised, and hashed on-chain.
3.4 End-to-End Data Flow
1. Onboarding
Issuer uploads documents → off-chain compliance check → master NFT minted.
2. Token Minting
Tokenization Engine mints ERC-20 fractions mapped 1-to-1 to the NFT.
3. Primary Distribution
Liquidity Router seeds both AMM and pro-maker pools; KYC-cleared users purchase fractions.
4. Secondary Trading
Orders are auto-routed; Compliance Firewall validates each transfer; settlement finalises in one block.
5. Yield Cycle
Oracle posts cash-flow data → Yield Streamer mints yield tokens → holders receive real-time payouts.
6. Audit & Reporting
All events stream to a public subgraph; regulators or auditors can replay state changes at any block height.
3.5 Security & Risk Controls
Contract Audits
Minimum of two external audits plus continuous on-chain monitoring.
Upgrade Safety
Proxy pattern with timelocked governance; emergency pause function for critical bugs.
Custody Segregation
Cold-hot wallet separation; daily reconciliation against on-chain supply.
Oracle Redundancy
Multi-sig signed updates; medianization to resist single-source manipulation.
3.6 Extensibility & Roadmap Hooks
Cross-Chain Bridges
Native bridges planned for Ethereum L2s and Cosmos zones, using token-vault pattern to prevent double minting.
Permissioned Pools
Toggleable whitelists to meet specific securities exemptions or jurisdictional rules.
Programmable Cash Flows
Future module to support tranches, senior/junior splits, and on-chain refinancing of the underlying RWA.
4. Asset Tokenization Workflow & Protocol Design
4.1 Workflow at a Glance
4.2 Step-by-Step Flow
Issuer Onboarding & KYC/KYB
- Off-chain portal collects corporate docs, valuation reports, lien checks.
- Compliance oracle scores risk, outputs a signed JSON blob → stored on IPFS, hash pinned on-chain.
Legal Wrapper Deployment
- An SPV or on-chain trust agreement links NFT ownership to real-world title/claim.
- Document hash embedded in the NFT's immutable metadata.
Master NFT Mint
- Single ERC-721 token acts as the "cap table root."
- Contains: asset ISBN, oracle endpoints, supply ceiling, ISIN-style identifier.
Fractional ERC-20 Creation
- Tokenization Engine mints a fixed-cap ERC-20 mapped 1:1 to the NFT.
- Dynamic Fractionalization: holders can split (1 ➔ n) or merge (n ➔1) fractions without changing total supply.
Compliance Smart-Contract Firewall
- Every transfer triggers
_preTransferCheck()
→ KYC, sanctions, jurisdiction rules, secondary-sale lockups. - Rules stored in an upgradable RuleSetRegistry, changed only via DAO vote + 48h timelock.
Liquidity Provisioning
Router seeds both:
- Layer 1 AMM (constant-product) for retail volumes.
- Layer 2 order-book with professional market makers for block trades.
- Router auto-routes orders to whichever layer offers best execution.
Yield Tokenization Cycle
- Off-chain cash flows (rent, coupon, dividend) → oracle cluster signs payload → on-chain YieldStreamer mints yTOKEN.
- yTOKEN auto-streams to fraction holders every block; unclaimed flows accrue in a Merkle tree for gas-efficient retro-claims.
4.3 Smart-Contract Blueprint
Security Principle
Critical invariants are protected by audit-only, non-upgradeable contracts; peripheral logic remains upgradeable for agility.
4.4 Data & Auditability
Events
Every critical action (Minted, Split, Merged, TransferApproved, YieldPaid) emits a standardized event captured by a public subgraph.
Off-Chain Artifacts
Legal docs, appraisals, audit reports → IPFS/Arweave; hashes embedded in NFT forever.
State Replay
Any regulator can reconstruct full cap-table and cash-flow history from genesis block with a single GraphQL query.
4.5 Edge-Case Handling
4.6 Interoperability Hooks
Cross-Chain Bridges
Token-vault pattern to export wrapped versions to other EVM chains without double-mint.
DeFi Money Markets
AssetMintERC20 implements ERC-4626 interfaces for plug-and-play collateralization.
5. Tokenomics & Incentive Model
5.1 Fixed Supply
5.2 Allocation & Vesting
Ecosystem Fund
8.4B AMT
Team & Developers
3.15B AMT
Liquidity Incentives
3.15B AMT
Technical Reserve
2.1B AMT
Community & Governance
2.1B AMT
Protocol Reserve
2.1B AMT
*TGE Share = tokens circulating at Token-Generation-Event relative to total supply.
Key Design Choices
Ecosystem Fund (40%)
Fuels asset-onboarding rebates, security audits, oracle grants and developer bounties; linear release over three years.
Liquidity Incentives (15%)
Rewards LPs, market makers and yield farmers; higher early unlock (20%) to bootstrap depth, remainder vests monthly over two years.
Technical Reserve (10%)
Back-stops oracle slashing, bug-bounty payouts and emergency liquidity; time-locked for 36 months to protect long-term stability.
Community & Governance (10%)
Airdrops, hackathon prizes and DAO treasury; continuous emissions encourage grass-roots growth while avoiding dump risk.
Core Team & Developers (15%)
6-month cliff plus three-year vest to align builders with protocol longevity.
Protocol Reserve (10%)
Strategic partnerships, M&A, future chain bridges; slowest release (48 months) to preserve optionality.
5.3 Utility of AMT
5.4 Emission Schedule
Circulating at TGE
16% (≈ 3.36 B AMT) from Ecosystem Fund, Liquidity Incentives and Community allocations.
Monthly Linear Vesting
Remaining 84% drips out per schedule above, finishing by month 48.
Burn Offset
Transaction-fee burns target a net-emission rate ≤ 0 by year 4, making AMT slightly deflationary.
5.5 Incentive Alignment
Users & LPs
Earn AMT immediately, promoting early liquidity.
Builders & Validators
Unlock value gradually, binding them to protocol success.
Community & Governance
Gains continuous funding to drive adoption without jeopardizing price stability.
6. Compliance, Security & Risk Management
6.1 Regulatory Framework
6.2 Compliance Architecture
Compliance Firewall Contract
_preTransferCheck()
enforces KYC tier, geo-fencing, lock-ups, and investor caps.- RuleTables upgradeable via DAO + 48-hour timelock to track changing regulations.
On-chain Audit Logs
Every compliance decision emits an event with a Merkle-root hash of evidence; regulators can replay proofs without touching private data.
Oracle-Verified Legal Wrappers
SPV docs, appraisals, and insurance certificates stored on IPFS/Arweave; content hashes pinned to the asset's master NFT metadata.
6.3 Security Architecture
6.4 Risk Management Framework
6.5 Incident Response & Insurance
Detection
24/7 on-chain anomaly alerts routed to a rotating security-engineer pager.
Containment
Pause-switch limited to transfers & mint/burn; trade execution continues once threat neutralized.
Communication
Public status page + mandatory post-mortem within 72h.
Coverage
Crime and cyber-liability insurance cover user balances up to policy limits; claims funded within 15 business days.
6.6 Continuous Monitoring & Governance
Real-Time Dashboards
Public Grafana boards expose TVL, oracle latency, and compliance-rejection rates.
Quarterly Governance Reviews
DAO votes on fee curves, risk thresholds, and oracle whitelists.
Annual External Audits
Big-4 or Tier-1 firm issues SOC 2 Type II and proof-of-reserves attestations.
7. Roadmap, Core Team & Governance
7.1 Roadmap
Development Timeline
Phase I – Genesis
Q3 2025 • Testnet & Audits
Phase II – Mainnet Lift-off
Q4 2025 • TGE & First RWAs
Phase III – Expansion
H1 2026 • Cross-chain & Institutions
Phase IV – Decentralised Autonomy
H2 2026 • DAO Activation
Phase V – Global Scale
2027–2028 • $10B TVL Target
7.2 Core Team (Triad of Trusted Innovators)
Team Alignment
The team operates under a six-month cliff and three-year vest, ensuring long-term alignment with AMT holders.
Alaric Mercer
Founder & Chief Architect
10 years in structured finance at BlackRock, engineering over $12 billion in asset-backed issuance. At AssetMint, Alaric translates complex RWA mechanics into elegant smart-contract frameworks that maintain institutional-grade security while enabling retail accessibility.
Sigrid Vale
Chief Compliance Officer
A dual-qualified solicitor (UK) and attorney (NY), Sigrid led policy drafting for the EU MiCA pilot and oversaw AML programs for three Tier-1 neobanks. She now embeds real-time KYC/AML logic into AssetMint's compliance firewall.
Thaddeus Orrick
Head of Engineering
Ex-protocol engineer at ConsenSys and maintainer of the ERC-3643 reference implementation. Thaddeus brings deep expertise in zero-knowledge proofs and has authored four open-source libraries adopted by leading tokenization projects.
7.3 Governance Model
Governance Pipeline
Initial Proposal
Forum Discussion
Snapshot Signal
On-chain Vote
Timelock Execution