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CurioInvest Integrates With TON Blockchain to Democratize Alternative Asset Investments

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2024-08-01 18:15:34229browse

CurioInvest has announced a groundbreaking development that allows individuals to invest in alternative assets such as classic cars, art, and collectibles through fractional ownership.

CurioInvest Integrates With TON Blockchain to Democratize Alternative Asset Investments

Alternative asset investment platform CurioInvest has announced its integration with The Open Network (TON) blockchain to enable fractional ownership of classic cars, art, and collectibles. This development aims to democratize access to previously exclusive assets.

CurioInvest provides a platform for individuals to own fractions of high-value items, enabling them to invest in valuable assets like a 1969 Chevrolet Camaro Z28 without the need for significant capital. This fractional ownership model is further enhanced by CurioInvest’s integration with TON, which strengthens the blockchain infrastructure to facilitate a seamless tokenization process that supports this innovative investment method.

CurioInvest is also advancing blockchain interoperability with its integration into the TON ecosystem. The project launched a TON restaking program in closed beta and is developing a Substrate-based testnet to serve as a layer-2 solution for the TON network, featuring stTON staking within a delegated proof of stake (DPoS) system. This process includes creating an stTON adapter to convert Tonstakers, Hipo, and Whales (staked TON tokens) to stTON on the Substrate network. CurioInvest also plans to upgrade its DPoS consensus to a liquid DPoS system, introducing the tTON token.

CurioInvest operates several platforms within its ecosystem, including Capital DEX, a multichain automated market maker that facilitates the swapping and bridging of integrated tokens. This platform provides automated liquidity protocols for seamless token exchanges and also offers farming pools for staking to provide additional rewards to users. As part of the TON integration, Capital DEX will become available on the TON network and will also be accessible as a mini app within Telegram's Mini Apps, reaching an audience of over 900 million active users.

CurioInvest is also working on a TON-Substrate bridge solution and plans to integrate CurioInvest into TON’s layer-2 rollup solution to enable seamless interactions across integrated chains, including TON, EVM L2, RGB, Taproot Assets, and Solana. CurioInvest, which began its journey in 2018, has tokenized a wide range of assets, from bonds to physical Real World Assets (RWAs) like cars and wines. The platform's blockchain, Curio Chain, is based on Polkadot and is EVM-compatible, enabling cross-chain transfers between the Polkadot and Ethereum ecosystems.

CurioInvest envisions a future where investment opportunities are democratized, making it possible for everyone to participate in high-value asset investments. This vision is being realized through the platform's commitment to utilizing blockchain technology to broaden the scope of accessible investment avenues. Notably, CurioInvest is also set to launch Curio BitSpectrum, an RGB-based protocol that aims to enhance the Bitcoin layer-2 ecosystem.

Curio BitSpectrum is designed to integrate RWAs and decentralized finance (DeFi) capabilities into the Bitcoin layer-2 ecosystem. This development aims to expand the possibilities of the Bitcoin blockchain by adding new dimensions to the RWA and DeFi landscapes.

Built on the Bitcoin layer-2 protocol RGB, Curio BitSpectrum seeks to enhance the capabilities of the Bitcoin blockchain by enabling the tokenization of physical assets and the creation of DeFi applications on-chain. This initiative aims to extend the functionalities of Bitcoin to include RWAs and DeFi, opening up new avenues for investment and financial interactions within the Bitcoin ecosystem.

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