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By Tiamonds

Tokenized Assets on Stellar

SCF #33
$150.0K
Build
Not Awarded
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Tiamonds is a Web3 marketplace for tokenized assets, not just Diamonds, but including commodities, collectibles, real estate, and financial assets, offering seamless trading, liquidity, reduced costs, and secure ownership.

Products & Services

With the SCF Build Award, we’ll develop a Web3 marketplace for tokenized real-world assets like diamonds, commodities, collectibles, real estate, and financial instruments. We'll integrate Stellar blockchain into our systems, giving users the option to seamlessly mint and trade assets directly on Stellar.

We’ll also collaborate with other projects in the Stellar ecosystem to create synergies and boost adoption. By leveraging Stellar’s speed, low costs, and scalability, users will enjoy 24/7 trading, enhanced liquidity, and a hassle-free experience. Every asset will be fully backed, authenticated, and insured (all by third parties), ensuring transparency, authenticity, and security while unlocking new opportunities for investors and blockchain enthusiasts.

Soroban

Maybe in the future, but not in this submission

Requested Budget

$150.0K

Success Criteria

Success for us means building a marketplace that’s easy to use, where people can mint, trade, and own tokenized real-world assets on Stellar without any hassle. We want it to be a place where both crypto enthusiasts and traditional investors feel confident about what they’re trading—everything will be secure, backed by real-world value, and fully authenticated by a 3rd party.

But success is more than just hitting numbers. The real impact is about opening up access to a variety of assets—diamonds, commodities, collectibles, real estate, and more—so anyone, anywhere can get involved. We’re breaking down the barriers to ownership, letting people invest in valuable assets without needing large amount of capital or dealing with the usual physical asset constraints.

We also want to make investing more inclusive by giving people in underserved markets the chance to own a piece of something valuable, securely and affordably. Our platform will make it easy for users to trade, liquidate, or invest in these assets any time they want, creating a smooth, low-cost experience.

At the end of the day, we’re aiming to make Stellar the go-to blockchain for real-world asset tokenization, showing everyone that it’s the perfect fit for trading real-world value in a digital world.

For output, we’re aiming for 1,000+ active users and tokenizing about $1M in assets within the first year and to achieve a min of $5 Million of volume via Primary & Secondary sale, combined. It’s a solid starting point that shows we’re gaining traction.

Here’s the impact we’re going for:
1. Expanding Financial Access: We want to make it possible for people in underserved areas to invest in assets like diamonds and real estate, without needing huge capital or going through complex processes. Anyone with an internet connection should have a shot at investing.
2. Making Asset Ownership Easier: By tokenizing assets, we’re allowing users to own 1-of-1 tokenized assets or even fractions of high-value items, giving them a way to diversify their portfolios.
2. Boosting Liquidity: Our platform will make it easier for people to trade assets, which means more assets options to buy or sell quickly without waiting around or paying high fees (Thanks to the Stellar Network).
4. Promoting Financial Literacy: We’ll provide simple, digestible content to help people understand how tokenized assets work and why it’s worth their time to invest. It’s all about making the tech less intimidating embracing more adoption.
5. Opening New Investment Opportunities: With tokenization, we’ll open up access to a whole range of assets that most people can’t normally invest in, giving them a chance to try out new markets and diversify their portfolio beyond traditional stocks.

These goals will help us build a more inclusive, accessible, and efficient marketplace for everyone.

Go-To-Market Plan

We’ll start by launching the marketplace on the Stellar blockchain and integrating it into our platform so users can mint and trade tokenized assets seamlessly. To get things rolling, we’ll team up with other projects in the Stellar ecosystem to boost visibility and adoption.

We’re planning a mix of social media campaigns, AMAs, and community events to spread the word. Plus, we’ll roll out how-to guides, tutorials, and webinars to make onboarding a rush for everyone, whether they’re crypto pros or total newbies.

To keep things exciting, we’ll offer early adopter perks like more token rewards & some discounts. Partnering with Stellar-friendly payment gateways and wallets will ensure a seamless experience, and we’ll tap into influencers and key ecosystem players to get the word out.

To top it off, we’ll kick things off by tokenizing some high-value assets, showing off Stellar’s speed and low costs while building trust and attracting users from day one.

Traction Evidence

Tiamonds has successfully launched its platform and attracted a growing community of investors and diamond enthusiasts. Platform is built on Ethereum. The company has seen consistent growth in both user base and transaction volume, reflecting the increasing demand for RWA.

- In our platform, we have listed more than 14000 investable diamonds.
- Tiamonds Partnered with NMKR & Launched Tiamonds on Cardano Blockchain, >85% sold out
- Valentines Collection launched with heart shaped stones.
- Partnered with Polytrade and launched a special Tiamonds Dubai collection on the Polygon Blockchain.
- Partnered with XRP.cafe & launched the first RWA project on the XRP Ledger, all assets were sold out in less than 2 hours.
- Recently we launched a collection of special artistic branded Tiamonds on Solana in partnership with Ore Ore NFT Artist.

Tranche 1 (Deliverable Roadmap) - MVP

**Milestone 1: Minimum Viable Product (MVP)
**
**_Deliverable 1.1: Platform Architecture and Development
_**
- Description: Complete the foundational structure of the Tiamonds marketplace, including backend development for tokenized asset integration and frontend user interface for basic functionality (registration, asset listing, and portfolio view).
- Completion Metric: Working MVP with at least three tokenized diamond assets listed, a functioning user registration flow, and wallet integration for test transactions.
- Estimated Completion: 12 weeks from funding approval.
- **Budget: $50,000 (**Backend development: $25,000, Frontend development: $15,000, Product testing and QA: $5,000 & Security audit for MVP: $5,000)

**_Deliverable 1.2: Compliance & Security Integration
_**
- Description: Integrate compliance measures such as KYC/AML systems in collaboration with LCX and implement security features like encryption and traceability for tokenized assets.
- Completion Metric: Fully functional KYC/AML integration and issuance of compliance certificates for listed assets.
- Estimated Completion: Concurrent with MVP (4-6 weeks).
- **Budget: $20,000 (**Compliance system integration: $12,000 & Security framework: $8,000)

Tranche 2 (Deliverable Roadmap) - Testnet

**Milestone 2: Testnet Launch

_Deliverable 2.1: Testnet Deployment and Community Testing
_**
- Description: Deploy the marketplace on Stellar testnet to allow testing of asset minting, trading, and transfers. Gather feedback from a beta group to optimize platform performance and usability.
- Completion Metric: Successful completion of 50+ test transactions across multiple asset classes by beta users.
- Estimated Completion: 4 weeks after MVP milestone.
- Budget: $0 (accessing Stellar LaunchKit for audit credits and infrastructure support).

**_Deliverable 2.2: User Education and Community Engagement
_**
- Description: Conduct webinars, tutorials, and live sessions to onboard users and explain platform functionality. Partner with ecosystem players to promote adoption.
- Completion Metric: Two webinars conducted with at least 100 participants, and 1,000+ views on educational content.
- Estimated Completion: Concurrent with testnet deployment (4 weeks).
**- Budget: $5,000 (**Marketing and outreach: $3,000 & Content creation: $2,000)

Tranche 3 (Deliverable Roadmap) - Mainnet

**Milestone 3: Mainnet Launch

_Deliverable 3.1: Full Marketplace Deployment on Stellar Mainnet
_**
- Description: Finalize the platform for mainnet deployment, incorporating feedback from the testnet phase. Include features like asset fractionalization and 24/7 trading.
- Completion Metric: Marketplace live on Stellar mainnet with 20 tokenized assets listed and transactions processed in real time.
- Estimated Completion: 10 weeks after testnet phase.
**- Budget: $50,000 (**Final development and deployment: $30,000, Marketing and launch campaigns: $15,000 & Post-launch support: $5,000)

**_Deliverable 3.2: Ongoing Compliance and Monitoring Framework
_**
- Description: Establish a robust compliance monitoring system for real-time tracking of transactions and asset authenticity.
- Completion Metric: Monthly compliance reports and 100% traceability for all transactions.
- Estimated Completion: Concurrent with mainnet launch (4 weeks).
**- Budget: $25,000 (**Monitoring tools: $15,000, Team training: $5,000 & Partner integrations: $5,000)

Team

Monty Metzger - CEO at LCX and Founder at Tiamonds
- Provides leadership and strategic vision, ensuring alignment with LCX’s objectives and compliance with regulatory standards.
- Entrepreneur. Investor. Keynote Speaker.
- CEO & Founder at LCX - Liechtenstein Cryptoassets Exchange. Founding General Partner at Digital Leaders Ventures D-L-V.com. Chairman at Digital Leaders. Author of Mobile Future 2020 and Digital Future 2030.

Steven Gaertner - Director, Tiamonds
- Oversees the overall project direction, strategic decisions, and stakeholder engagement.
- He's been in the diamond industry for more than 10 years and knows the ins ans outs of the industry.
- Since 2020, he has been working in the crypto space, focusing on NFT and DeFi projects, having debuted at eToro.

Anurag Verma - Director of Technology, LCX & Tiamonds
- Manages the technical aspects of the project, including integration with LCX systems and overseeing the development of smart contracts.
- Designed the whole LCX Exchange and made it go live.

Samaksh Wangnoo - Director of Business Development, LCX & Tiamonds
- Leads business development efforts, identifying potential partnerships and market opportunities.

Vikash - Project Manager
- Manages project timelines, resources, and ensures all milestones are met. Coordinates between different teams to ensure smooth project execution.

Ritesh - Software Developer
- Develops the software components required for the project, including backend systems and integration with both Ethereum and Cardano blockchain.

Dharmveer - Blockchain and Backend Developer
- Focuses on developing and testing smart contracts on Ethereum and integration of Cardano, ensuring security and efficiency.

Mrinal - UI/UX Designer
- Designs the user interface and user experience for the Ethereum and Cardano based Tiamonds platform, ensuring it is user-friendly and meets project requirements.

Ravinder - QA Tester
- Conducts thorough testing of the platform to identify and fix bugs, ensuring the system is robust and reliable.

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Anurag-Verma

Anurag Verma

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Vikash-Kumar-Das

Vikash Kumar Das

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Rishabh-Sweet

Rishabh Sweet

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Steven-Gaertner

Steven Gaertner

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Project Stats

Team Size
4
Category
Applications
Total awarded
$0*
Awarded Submissions
4
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