Stellar Community Fund

By Metafyed

Metafyed - RWA marketplace

SCF #27

$50.0K

Legacy v5.0 Activation Award

Awarded

Revolutionizing access to Real World Assets in Asia through tokenization

Products & Services

The Metafyed ecosystem comprises two products aimed at simplifying capital raising through crypto liquidity, providing small businesses with tokenization as an alternative fundraising avenue alongside traditional options like series funding.

Metafyed Marketplace/STO platform: This platform serves as a crowdfunding hub where approved investors can directly engage with offered investment projects. Investors can stake stablecoins in exchange for project security tokens, which may include SAFE agreements or interest/dividend-bearing tokens with encoded schedules.

Issuer Management Dashboard: Designed for multi-chain compatibility, the dashboard enables issuers to easily manage project tokens across chains. Integrated KYC functionality ensures issuers can track the identities of their token holders effectively.

Feature implementation for Grant Period: As a natively-multi chained platform, Metafyed is interested in integrating with the Stellar Ecosystem through extending asset token features while fully utilizing the existing regulated asset functionality that Stellar has to offer.

Extending asset token features to support issuer projects on Metafyed platform.

Integration of approval server needed for regulated server with the existing identity registry that Metafyed already has to streamline KYC approval on asset transfer across Solana and Stellar.

Implementation of dividend/interest schedule with integration of Stellar global payment rails to easily allow our regulated asset issuer to dispense dividend and interest payments to issue holders in fiat currency through stellar anchors.

Implement on-chain STO through Soroban contract.

Implementation of on-chain STO running through contracts enabled by Soroban. The collection of STO contracts will support hosting an STO in Stellar Ecosystem with integrated KYC support.

Implement off-chain Stellar bridge to Solana.

Since there’s no existing open-source implementation of on-chain bridge solution for issued assets, Metafyed will be implementing an off-chain bridge server that will leverage burn and mint mechanism to allow for cross-chain asset token transfer and management.

Cross-chain operations between Solana and Stellar will be enabled through Metafyed asset management dashboard.