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$PRISM is now live on Robinhood. CA: 0x20024e485c0b22b42855589700721b28320a7777 Prism is a marketplace for buying, selling & tokenising real-world assets with AI. We have been working on this product for the past 3 weeks and our vision is to become the 'Amazon for tokenised assets'. We currently have 65 assets live across 17 networks.
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Nobody is paying attention to this. "MASS TOKENIZATION" is coming, and most people have no idea what's coming. 1. The $115T stock market will be tokenized 2. The $117T bond market will be tokenized 3. $390T real-estate will be tokenized 4. $26T+ in gold will be tokenized 5. $15T in private funds will be tokenized 6. US government debt will go digital 7. Private loans will go digital 8. Arts and collectibles will go digital 9. Roads and power plants will go digital 10. $7T/year Insurance industry will go digital 11. Every firm will have their OWN onchain product 12. Companies launch their shares onchain 13. Stablecoins, moving $7.3T a month, become the normal way to move money 14. Markets stop closing, running 24/7 15. Settlement drops from T+1 to seconds 16. Money and assets cross borders without correspondent banks 17. Everything you own becomes something you can borrow against 18. Finally, crypto and tradfi become the same market 8.2 BILLION people on Earth will use it without knowing.
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Independent Verification for Tokenized Assets. Now live on Prism. Check it out here: prismassets.shop/verify
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independent verification for tokenized assets is now live on prism. here: prismassets.shop/verify this is the first step of fixing the biggest issue the RWA ecosystem is facing now and which is scaring off HNW investors: verification and proof of reserves. we have now built a 5 layer verification tier for each asset on prism and you know whats crazy? half of the assets now in the RWA world are not even real. they are just trading backed by pure vapours and nothing else lol. now you can manually verify each asset and get a complete audit report. also for a lot of tokenized assets, the contracts for the underlying assets already expired years back, so now that asset which was backed earlier is not backed legally now. this creates an immense risk for investors. we found out that 4 tokenized assets from one of the famous issuers out there for tokenized stocks have expired contracts lol. but we delisted those assets. but just know that, a lot of assets out there are not really backed even assets by the biggest issuers out there. verification was the biggest issue that wasnt solved neatly till date and we are building a proper immutable verification layer to build a foundation for the future of RWAs. also OSINT tool and custodian information for each asset are being worked upon and shall go live soon. most of the swiss vaults dont report data transparently eventho the vaults are genuine which makes OSINT a bit harder. we are working on solving this issue too. lets build nitter.net/prismassets/status/210…
Independent Verification for Tokenized Assets. Now live on Prism. Check it out here: prismassets.shop/verify
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hey fam, (consider this tweet an ama and ask me anything about prism protocol, prism L3 or anything around the product) im currently working on finetuning V5 for launch but here’s a few things i wanted to share: the whole purpose of v5 is to make the site very smooth and less confusing for users. but that’s not it, we are also working on adding better verification of each asset, multiple liquidity pools aggregated for similar assets under one router, every feature and tool will be upgraded with better efficiency and also better rewards. this version along with the trading competition will act as our first onboarding event and allow us to move on auto pilot for a while. when i say verification, it’s not a simple verification. It will be multiple layers of asset verification, proof of reserves, better osint and self verification by issuers too. enterprise grade verification for each asset in our protocol. also perps will go live, futures and options will go live, dex v2 will go live, higher emissions and rebates will go live, and efficient trading flow too. not everything at once of course, one by one. and a better developer environment will be built for prism test net and more dapps will go live. but when i keep saying more, we are not focusing on just increasing numbers here lol anything that’s not up to industry standard or not efficient will be instantly delisted from the protocol. more dex pools, more transparency layers, better docs and guides etc. this version should mark the beginning of prism as a mainstream platform for RWAs just like how every other protocol takes over and dominates one particular space. whatever, we keep shipping. let’s build.
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hey fam, good morning our first dapp went live yesterday on prism testnet and we already have more than 100 users spending gas on the testnet. also seems like a lot of people now have a better understanding of how prism L3 works compared to last time haha. today we will work on: > finetuning V5 for launch and restructuring the protocol features to make it easy, smooth, less confusing and not exhausting > add and polish all the dex pools with the farm V2 contract for improved emissions and rewards and to build a much better liquidity layer. > work on a few important partnerships add 1000 more cool assets covering $10B in market value > improve OSINT, proof of reserves and verification. > work on finetuning RWA perps for launch > work on installable web apps a lot of people reached out to me and asked in the community how verification is done. you can just go to any asset page or OSINT tool to find out everything about an asset, from its verification to exact custodial information. we are also working on building a network where we can get consistent weekly proof of reserves and expose any asset that fails verification. we also need to fix a few of the bugs and UI issues within the protocol (specifically mobile UI). whatever, we keep shipping. lets build for 16 hours straight today, together. btw the total $PRISM supply staked also went up to $1.2M😃 letsgoooooooo
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The first DApp is now live on the Prism Testnet. Prism RWA Futures is now live at: 142.93.127.197.sslip.io/trad… You can now connect your wallet, receive test tokens, and try it out.
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the first dapp is now live on prism testnet. prism rwa futures now live at: 142.93.127.197.sslip.io/trad… so here are a few things i wanted to share (please read these very carefully): prism protocol now operates multiple tools and products. the website will be very smooth and very user friendly in V5 and a user wont be confused or exhausted because we are neatly restructuring it. the real trading and transactions occur on the site: prismassets.shop only and the other link is for testnet. so whats the difference? testnet is where we test dapps first before migrating them into Prism chain mainnet. the real product stays at: prismassets.shop testing happens on testnet: 142.93.127.197.sslip.io/trad… so here's how it works in simple words: - people trade on prism protocol - we test the products on testnet for prism L3 compatibility - products will be migrated to prism mainnet - people continue trading on prism protocol as usual for a user, testnet makes no difference because they can continue using prism as usual. so does a user need to bridge funds to Prism mainnet? no, you can keep trading exactly like how you used to do it before. but $PRISM is on robinhood and the asset is on another chain, how is gas paid? your $PRISM tokens will automatically get locked in a vault on Robinhood Chain, and the Prism chain credits you the same amount to spend on fees (1:1 escrow) for example, it's like paying cash and receiving chips in return to play with in a casino, but everything is automatic and you dont have to do anything. what if a user doesnt have $PRISM and we dont want to push them to mandatorily own it to use the protocol? they pay the gas in native tokens and we pay the equivalent gas in $PRISM so that a user doesnt have to touch $PRISM at all while the equal amount of gas in $PRISM is spent too i hope this clears 90% of your doubts haha letsgoooooo, pls lemme know if you dont understand anything at all. nitter.net/prismassets/status/210…
The first DApp is now live on the Prism Testnet. Prism RWA Futures is now live at: 142.93.127.197.sslip.io/trad… You can now connect your wallet, receive test tokens, and try it out.
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this is a detailed article explaining how exactly prism L3 works for each feature and tool within the current protocol. also if youre a builder or a validator, you should read this. now that we have network level compliance and permissions, soon prism will emerge as the first ever RWA marketplace in the entire ecosystem rather than just robinhood. all products of prism will be migrated to prism L3 in stages. letsgoooo
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hey fam, good morning. prism L3 testnet for public will go live today (its already live but it will be fully available for builders after we announce every core detail and a guide around it) a lot of people confused prism chain with every other general purpose chain and some people even asked me if we are competing with robinhood lol haha. we are a child chain of robinhood only. we are an app specific chain, not a general purpose chain, which means prism chain is built for prism rwa marketplace and all of its dapps and operations (RWAFi is a new word for it) so with l3 now prism will have its own blocks, prioritised transactions, easy governance and compliance, chain level compliance and permissions etc. a lot of you people were confused with so many tools and products, prism L3 will solve that for you. we are the only everything RWA protocol out there and having our own chain will be the biggest advantage in the future when RWA wave kicks off and we dont need to compete with anyone anymore for space in the infrastructure because we now have our own lane. we cant build futuristic infrastructure if we have to compete with everyone for block space and operations, this is the only way to really make it big. today we will work on: - preparing a detailed guide and docs for validators and builders on prism L3. - work on polishing the protocol and dexs for the launch of V5 - work on finalising the trading competition after V5 - finetune and launch RWA futures and options - RWA perps is already live for weeks and being tested, it should go live this week. and many more, i just listed a few. also this is still the beginning, RWA is still a $45B market when the predicted market valuation is around $16T lolol what we have now is nothing, theres a lot more coming in the future for the world of tokenized assets. even SEC is starting to support all of this now which means more institutions, more retail, more liquidity and inflows. whatever, we keep shipping. lets build for 16 hours straight today, together. letsgoooooo
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Prism is now its own blockchain (orbit L3) on top of Robinhood. Prism L3, an Arbitrum Orbit L3, chain ID 42063, settling to Robinhood Chain testnet as its parent. You can add the Prism L3 testnet to your wallet here: 142.93.127.197.sslip.io/ i believe this is the first ever child chain of Robinhood, and this will open doors for more teams to build more L3s on Robinhood and help onboard so many more teams to contribute to the ecosystem. hey @vladtenev @RobinhoodCrypto @fern @arbitrum we built the first ever child chain of robinhood, and we would need some acceleration and growth support to scale and operate. is it possible for you guys to assist us with a personal BD or someone who can help us manage it better ? we took care of everything, including hosting, already on our own. and we will offer gas subsidies to people to transact on prism chain even though robinhood gas subsidies are coming to an end. so can we get some prioritised or subsidised gas to run our protocol? we are building a futuristic infrastructure for RWAs, and we expect a lot of growth and volume in the future as RWAs are about to blow up. Expecting your support! nitter.net/prismassets/status/210…
Prism is now its own blockchain. We built our own child chain, an Orbit L3, that runs on top of Robinhood Chain. Prism L3, an Arbitrum Orbit L3, chain ID 42063, settling to Robinhood Chain Testnet as its parent. Over the past months we have built a large range of applications, tools, infrastructure, products, and core protocols. Running our own L3 lets us operate all of it far more efficiently and with far more control, instead of building inside the same shared infrastructure as everyone else. It also means we are no longer constrained to building every dapp within a single protocol we do not control. Our native token $PRISM (0x20024E485c0B22b42855589700721b28320A7777) will be the gas token on Prism L3, in place of ETH. You can add the Prism L3 testnet to your wallet here: 142.93.127.197.sslip.io/ What this gives us: - Our own gas token: Every transaction on Prism L3 is paid in $PRISM. - Our own sequencer: Prism controls transaction ordering on its own chain, so we no longer compete with other Robinhood protocols for block space, and we set the ordering rules. - Dedicated block space: Our throughput is ours alone and is not slowed by congestion from other protocols. Chain-level compliance and permissioning, which is the essential capability for a real world asset protocol. - Execution customization, so Prism can build its own infrastructure natively and far more efficiently. - Sovereign governance and our own choice of data availability model. This is what takes Prism from an application to a platform, in the way Robinhood is a platform. Prism Testnet will soon be available to public and Doc will be shared soon.
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wow, thanks @fomo @seyong for the team tag for $PRISM on fomo. thanks for the support and communication and quickness in helping us🫡 as most of our top holders and strongest community members are on fomo, ill try to update twice about prism announcements everyday. im currently working on a detailed doc explaining how each core feature works for Prism L3 and testnet will be available to public tomorrow. with L3, we are now a completely infrastructure in our own lane and a lot of dapps are being built. Prism L3 will position itself as a RWA chain soon. we are working on V5 and polishing the chain. there's a lot of things to be built, a lot of things to be fixed. we are also working on more partnership with cool teams building around RWA and issuers of some really cool assets. will let you guys know soon about it. whatever, we keep shipping. lets build for 16 hours straight tomorrow, together. letsgoooooooo
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Prism is now its own blockchain. We built our own child chain, an Orbit L3, that runs on top of Robinhood Chain. Prism L3, an Arbitrum Orbit L3, chain ID 42063, settling to Robinhood Chain Testnet as its parent. Over the past months we have built a large range of applications, tools, infrastructure, products, and core protocols. Running our own L3 lets us operate all of it far more efficiently and with far more control, instead of building inside the same shared infrastructure as everyone else. It also means we are no longer constrained to building every dapp within a single protocol we do not control. Our native token $PRISM (0x20024E485c0B22b42855589700721b28320A7777) will be the gas token on Prism L3, in place of ETH. You can add the Prism L3 testnet to your wallet here: 142.93.127.197.sslip.io/ What this gives us: - Our own gas token: Every transaction on Prism L3 is paid in $PRISM. - Our own sequencer: Prism controls transaction ordering on its own chain, so we no longer compete with other Robinhood protocols for block space, and we set the ordering rules. - Dedicated block space: Our throughput is ours alone and is not slowed by congestion from other protocols. Chain-level compliance and permissioning, which is the essential capability for a real world asset protocol. - Execution customization, so Prism can build its own infrastructure natively and far more efficiently. - Sovereign governance and our own choice of data availability model. This is what takes Prism from an application to a platform, in the way Robinhood is a platform. Prism Testnet will soon be available to public and Doc will be shared soon.
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hey fam, good morning. i am currently working on building an agent console which automatically whitelists and verifies a wallet for a permissioned dex. we are also working on building a KYC plugin which allows a user to complete KYC and trade restricted assets on the marketplace. we are also working on making the protocol much smoother and faster with a lot of simplifications. we are also working on RWA perps, improving synthetics and building better vaults for programmable assets. we are also working on better privacy signatures and protected transactions. soon all the RWA transactions and stablecoin transfers by institutions within prism dapp will be completely private. (privacy as an option) prism explorer went live and its the first ever block explorer for tokenized stocks specifically, we are working on improving it a lot too theres a lot to build, resolve and discuss today. lets build for 16 hours straight today, together fam. letsgoooo
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prism explorer is now live. here: prismassets.shop/explorer we built an etherscan kind of block explorer to track all the tokenized stock transactions in realtime. here you can track all transactions across all blockchains, not just robinhood, and it calculates all metrics in realtime too. this will help you understand and learn about all the trades happening rn on all the tokenized stocks. we just added tokenized stocks for now and will add all the assets soon. you can also find a wallets history here too. this particular feature is part of one of the biggest ever upgrades we are about to announce soon. pls check it out and lemme know what you think. we are still working on V5 and it should go live this week and ill make sure you will love it. letsgooooo nitter.net/prismassets/status/210…
Prism Explorer is now live. Now you can track every tokenized stock transactions in real time across all networks. Check it out: prismassets.shop/explorer
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@blockscout wanna collab?
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Prism Explorer is now live. Now you can track every tokenized stock transactions in real time across all networks. Check it out: prismassets.shop/explorer
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Tokenized Stocks Are Coming to the US. Starting October 17th, US citizens will be able to legally trade and own tokenized stocks under the new SEC exemption. US citizens will gain access to more than 1,200 tokenized stocks from 7 issuers across 11 countries on Prism. And we are just getting started.
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