illumiShare SRG: An Innovative Trust Token, Backed by 3 Uncorrelated Assets - TOKEN2049 London 2022
TOKEN2049·Mon, Oct 9, 2023, 12:00 AM
Transcript
I will introduce you to illumicious srg our company I will start about the past and the future so after a few years of research on the crypto Market we found out that smart money get into the markets by the largest banks in the world like an example JPMorgan Goldman Sachs Etc we saw that United States and other Empires start to regulate and adapt the crypto but at the same time we found out that only 4.2 percent of the world population adopted the crypto until now so we explored what is the most common reason of the people that not get into the crypto Edge and we found out that they don't identify the real value behind the crypto so we went through the history of money until 71 United States economy and the dollar was backed up by physical gold which prevent from the inflation to rise up like those days our vision is to create a new digital economy that based on the traditional economy methods and specifically United States economy until 71. so we built sophisticated ecosystem a token that backed up by three uncorrelated assets the first one is physical gold the physical goal we are going to keep in the Central Bank of Abu Dhabi Abu Dhabi Bank in transparent manner we are going to broadcast it and to provide certificates of the quality and the quantity of the gold beside that we are going to use it as a reserve only when the market price will drop down at certain percentage which will play our algorithms the second asset is Cash Cash Money we build something we call Recovery Fund The Recovery Fund is built from the margins between the gold market price and our gold price because our partners are very big players in the gold industry their own minds and refineries they produce more than three tones per month so we have our own prices we will keep the margins between them in cash and we will use it to back up the backup the third asset is technology the technology we built Auto burn mechanism the DOTA bear mechanism means that we will burn certain percentage of the maximum token Supply and Target to stabilize the price and beyond that as we saw in our simulations it will rise it up it's very important to mention that we are not a stable coin actually we Define a new category in the crypto world we called it the trust token so we set the flow price to our token that will be always correlated with the all-time high but our upper limit price is unlimited because we will use the gold the cash and the technology and the assets to stabilize the price but we don't have limits of growth the main application of srg is an asset-backed unique nft Marketplace with two unique modules the first module is anti-faud system means that as you probably know a openc the biggest nft Marketplace in the world just announced that more than 90 percent of the nfts are scams are faults we built our own anti-fold system in Target to prevent from the scammers to upload the scams into our platform the second part is the no code module right now if you want to generate an nft collection you must have development skills or to be a developer with our system it will be very simple to use everyone will have the ability to generate our own nft collection without the use of any single line of code we are going to focus on four unique categories and the first category is Real Estate the real estate you are already negotiation with some of the biggest real estate companies specifically from the UAE you open Africa each of the certified companies will have the ability to tokenize their physical assets and by that they can for example they can take one apartment or one office and to split it 150 200 different nfts and by that to sell piece of apartment or part of an office to low income areas around the globe or to people that want to invest only 5 or 10 or 15 000 in the real estate with full transparency the second and the third category is are golden diamonds the golden diamonds is splitted to two different channels the first channel is to be an alternative to the regular certificates as we know it right now right now Gia and rings are the biggest and we're aiming to be an easy alternative using our platform using our methods with full transparency the second channel is only for certified Minds right now if you are a certified mine owner it will take you up to two or three or even four or five years until you actually get out the resources from the ground the gold and the Diamonds until then you need to pay your employees you need to pay all around it's a lot of money so for the first time in history we will give them the opportunity to tokenize their potential assets their potential golden diamonds and by that they will have the ability to easily fundraising with full transparency including sharing some percentage of the revenues with the nft investors the fourth category is agriculture the agriculture it's the same thing we will work with only certified lab Growers certified Farmers which will have the ability to tokenize their plans using our methods using our system and by that to easily fundraising full transparency including sharing some percentage of the revenues it's very important to mention that all the trades in our platform will be exclusively with our token which we believe it will be a crucial part of our ecosystem a little bit about our ecosystem the art of the ecosystem is the token backed up by three uncorrelated assets we have the nft marketplace and we have the real life value the real life value means that we believe people will have the ability to buy milk to buy car to buy vacation to buy whatever using our token without any swap process in the next future we already signed with very interesting Brands around the globe including financial institutions crypto Bank gaming companies e-commerce websites Etc that will head our token as additional payment method in the next future the fair they fought the fourth part of our ecosystem is the Dow donation plan the Dow donation plan we allocated five percent of the maximum token Supply and actually we believe in the quote given many field and you feed him for Allah you feed him once teach a man how to fish and you feed him for life and that's why we chose seven subjects that are close to our hearts each of the subjects will create a spatial token that will act like a crowdfunding in Target to create a sustainable economy and not only one-time donation beyond that we will give the opportunity to our community members to vote and to choose another eight subjects that we will donate to the same manner another part the fifth part is the Dow well fund the Dow well fund we allocated one percent of the maximum token Supply we will hire blockchain analysts which will make researches on the crypto industry the blockchain industry in Target to locate interesting projects and we will give the opportunity to our community members on which board to choose to vote on which project we will invest or in which project we will not invest equally one-on-one ratio little bit about our partners about our team we are official partners with the royal family of Abu Dhabi they will help us to implement our vision to add our token as additional payment method to the next future so thank you to his Inez Sheikh Mohammed bin Ahmed binham about our team our team consists of top experts from the fintech from the blockchain from the global banking Industries like an example we have the liptiagi the liptiagi is the senior vice president of polygon he was the head of marketing and director with Amazon and he was director in Facebook as well and we have Jason Tai the ex-vice president of JP Morgan right now is one of the main Consultants of the cbdc project in Singapore we have David Munoz which was a senior in BlackRock used to manage 780 billion dollars with his team and we have less male the CEO of the gold the ex-ceo of the gold exchange in Dubai and right now we have 212 people in our team and we have more than 110 ambassadors from 46 countries around the globe all that and we are less than two months two weeks before the pre-sale that we are going to make via our website we are using some of the best cyber security companies we are using site security brain Shield stts the same thing with the pr we are working with lunapia with riblon with guyway um we believe that we are going to change the status quo we are we really believe that we will change it really soon so in two months on January we will run Launchpad on top tier exchange and one month later we will be listed on seven of the top 15 centralized exchanges and another two decentralized exchanges stay tuned welcome to the Golden Era thank you very much
Automatic transcript — names and jargon may be misspelled.