Co-Founder, Managing Partner, SPiCE VC - Security Token Pioneers - - PowerPoint PPT Presentation

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Co-Founder, Managing Partner, SPiCE VC - Security Token Pioneers - - PowerPoint PPT Presentation

Jul 24, 2023 266 likes •492 views

P R E S E N T A T I O N B Y A M I B E N D A V I D Co-Founder, Managing Partner, SPiCE VC - Security Token Pioneers @AmiBenDavid 1 st Fully tokenized VC fund 4 th ever Security Token 1 st Regulation-enforcing Token (DS Protocol) Focused on

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1st Fully tokenized VC fund 4th ever Security Token 1st Regulation-enforcing Token (DS Protocol) Focused on providing exposure to the STO ecosystem Early access to the projects in the space Invested in multiple tokenization companies

Co-Founder, Managing Partner, SPiCE VC - Security Token Pioneers

P R E S E N T A T I O N B Y A M I B E N D A V I D

@AmiBenDavid

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Digitizing the ownership of trillions of dollars in assets, and creating a global liquid market, is an unparalleled financial opportunity with massive socio-economic implications $70 trn

Global Equity

$215 trn

Global Debt

$217 trn

Global Real Estate

$544 trn

Derivatives

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Last year I talked about the STO ecosystem forming. It’s happening - we now have dozens of companies in the space! But without proper INFRASTRUCTURE and institutional investor TRUST, we can not scale to the trillion $ potential.

What’s next for the STO Ecosysem?

T H E F U T U R E

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A concept for a public blockchain optimized for managing the

  • wnership of trillions of dollars worth of assets.
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The Ownera concept is a global base-layer Proof of Ownership protocol on which the market can compete to manage all regulated asset ownership and trade

ONLY the core basic building blocks of

  • wnership, common to

all asset classes

Simple

Open to ALL, as long as they meet the legal requirements

Open

As tradable as market regulation allow. As liquid as market demands

Liquid

Proof of Ownership which would be unequivocally accepted by any court of law

Legal

T H E I N T E R N E T O F O W N E R S H I P

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Why do we need a use-case specific blockchain?

U S E - C A S E S P E C I F I C B L O C K C H A I N

The most basic building blocks

  • f regulated ownership are 2nd

class citizens on all current blockchains.

Functionality

Existing blockchains were not designed, and have no incentive protocols for proving off-chain

  • wnership.

Trust

A unique use-case of such massive scale ($ trillions), must have a platform

  • ptimized for its needs.

Scale

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“If I own a token that grants me rights, and these rights are denied, I can go to Ownera, and download a complete undisputed set of immutable documents, which unequivocally prove my legal rights.”

Simple Proof of Ownership

T H E T A R G E T

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To attract institutional investors, a Proof of Ownership consensus must incentivise the entire ecosystem to ensure that whatever Ownera says about assets – is truth.

How do we guarantee quality and trust?

T H E G A M E T H E O R Y

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The 9 Principles of Ownera

Real Owners

People or legal entities KYC/AML approval

Real Assets

Assets in the real world, paired to Ownera tokens via KYA

Expert Nodes

Financial and Commercial entities, with trusted ownership services expertise

Atomic Trades

Core transaction - exchanging tokens for payment

Proof of Ownership

Consensus designed to prove

  • wnership of off-chain assets.

Financial Incentives

Powering a global economy of trusted ownership services

Regulation Repository

System-level regulation- compliance functionality

Privacy

Full control over privacy for assets and owners

Governance

Public, transparent, non-profit, permission-decentralized, commercially led

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Active Owners are only people or entities that have passed KYC/AML - No anonymity. Once inside, owners can own assets, trade, and can be contacted according to laws and regulations.

R E A L O W N E R S

R E A L O W N E R S R E A L A S S E T S E X P E R T N O D E S A T O M I C T R A D E S P R O O F O F O W N E R S H I P F I N A N C I A L I N C E N T I V E S R E G U L A T I O N P R I V A C Y G O V E R N A N C E

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Active Assets are only assets that have passed KYA (Know your Asset) KYA is a full set of documents that legally define the

  • wnership of an off-chain asset, and rights of token
  • holders. KYA is different per asset-class, such as

equity, debt, real estate… Rights are defined at system level (equity, dividends…) and expandable by smart contracts

R E A L A S S E T S

R E A L O W N E R S R E A L A S S E T S E X P E R T N O D E S A T O M I C T R A D E S P R O O F O F O W N E R S H I P F I N A N C I A L I N C E N T I V E S R E G U L A T I O N P R I V A C Y G O V E R N A N C E

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Nodes are financial/commercial entities that meet published criteria. Any entity can join upon meeting the criteria. Nodes offer ownership management services on- chain and off-chain, Including KYC, KYA, underwriting, investment banking, exchanges, custodians and so on.

E X P E R T N O D E S

R E A L O W N E R S R E A L A S S E T S E X P E R T N O D E S A T O M I C T R A D E S P R O O F O F O W N E R S H I P F I N A N C I A L I N C E N T I V E S R E G U L A T I O N P R I V A C Y G O V E R N A N C E

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Institutional Investors, Companies, Accredited Investors, General public…

Owners

Investment banks, Exchanges, Security token service providers, KYC/AML providers, Real estate companies, Crowdfunding, Broker dealers, Commercial debt platforms, Regulators…..

Nodes

Equity, Debt, Real Estate, Art, IP, Derivatives…

Assets 1 2 3 KYC KYA Trades

Built for institutional investors and financial services companies

T H E E C O S Y S T E M

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The Ownera consensus is a variation of Proof of

  • Authority. Each asset chooses one Primary Node

which performs the KYA, uploads the asset to Ownera, and then writes all its transactions to the blocks. The primary node stakes its reputation and gains the asset’s lifetime revenues, while owners can rate an asset by its primary node.

P R O O F O F O W N E R S H I P

R E A L O W N E R S R E A L A S S E T S E X P E R T N O D E S A T O M I C T R A D E S P R O O F O F O W N E R S H I P F I N A N C I A L I N C E N T I V E S R E G U L A T I O N P R I V A C Y G O V E R N A N C E

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Choose assets with Node reputation, trade with legal safety and instant settlement.

Owners

Choose which assets they want to put their reputation behind Upload a full set of ownership proof to Ownera GOOD FAITH: Gain lifetime revenues from asset and reputation BAD FAITH: Lose revenues, lose reputation, face legal consequences

Nodes

Managed by trusted Primary Node, gain access to full owners network

Assets 1 2 3 Regulations Governance Privacy

Optimized for asset quality and proof of ownership

T H E E C O N O M Y

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The basic transaction on Ownera is a trade of assets, usually tokens for payment. It can be immediate or conditional, and can support fiat transactions, via an escrow node. Platform level liquidity and price discovery:

  • wners may publish their intent to buy/sell, so

that regulated nodes can provide exchange and marketplace services.

A T O M I C T R A D E S

R E A L O W N E R S R E A L A S S E T S E X P E R T N O D E S A T O M I C T R A D E S P R O O F O F O W N E R S H I P F I N A N C I A L I N C E N T I V E S R E G U L A T I O N P R I V A C Y G O V E R N A N C E

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The Ownera protocol tokens power its economy, and are used in payment for primary node services and transactions (similarly to how ETH is used in Ethereum) They also enable instant atomic swap settlement directly or via stable coins, without the inefficiencies, costs and delays of global fiat transactions.

F I N A N C I A L I N C E N T I V E S

R E A L O W N E R S R E A L A S S E T S E X P E R T N O D E S A T O M I C T R A D E S P R O O F O F O W N E R S H I P F I N A N C I A L I N C E N T I V E S R E G U L A T I O N P R I V A C Y G O V E R N A N C E

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Ownera will automatically enforce regulations: The open-source regulation repository contains regulation Add-Ons, each covering a specific regulation per country, asset type, etc. Any asset can choose which regulations to enable, and they are instantly enforced at by base layer of the network.

R E G U L A T I O N R E P O S I T O R Y

R E A L O W N E R S R E A L A S S E T S E X P E R T N O D E S A T O M I C T R A D E S P R O O F O F O W N E R S H I P F I N A N C I A L I N C E N T I V E S R E G U L A T I O N P R I V A C Y G O V E R N A N C E

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Owning assets is private! No other networks currently supports this critical component. On Ownera, by default, only the owner, asset, and primary node can see detailed information. Owners and Assets can then manage their privacy level as needed.

P R I V A C Y

R E A L O W N E R S R E A L A S S E T S E X P E R T N O D E S A T O M I C T R A D E S P R O O F O F O W N E R S H I P F I N A N C I A L I N C E N T I V E S R E G U L A T I O N P R I V A C Y G O V E R N A N C E

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Ownera is non-profit, public, open and permission-decentralized. Governance is designed to balance the needs of

  • wners, assets and expert nodes.

This is still work in progress.

G O V E R N A N C E

R E A L O W N E R S R E A L A S S E T S E X P E R T N O D E S A T O M I C T R A D E S P R O O F O F O W N E R S H I P F I N A N C I A L I N C E N T I V E S R E G U L A T I O N P R I V A C Y G O V E R N A N C E

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For updates, follow: @AmiBenDavid