It’s been almost 3 days and 16 hours since the launch of $PRISM
>We pumped from $50k mcap to $350k mcap and currently sitting at $185k mcap
> We shipped 31 more assets, tokenised real estate white list, new mobile ui, much smoother onboarding, cleared few bugs within the Launchpad today
> we added a lot of good people into the community
> we are currently working on a whole set of new features and updates and also on the legal compliance process. Prism website is about to change a lot soon
We are about to add assets worth $10B and some new (redacted) flagship features coming soon
Whatever, we keep building
Goodnight!
Most people hear RWA and only think about tokenized stocks.
$PRISM is taking a much bigger approach.
It’s building a marketplace for tokenized real-world assets on Robinhood Chain, including:
• Stocks & ETFs
• US Treasuries
• Money markets
• Gold
• Real estate
• Private credit
• Carbon credits
The platform already tracks 17 chains, 152 verified assets, 29 issuers, and over $13.8B in tokenized assets.
The part I like most is the holder model.
Trading fees are used to buy tokenized stocks, which are automatically distributed to eligible holders every ~10 minutes.
No staking, no claiming
Just hold 40,000 $PRISM
The fee split is straightforward:
• 50% buys tokenized stocks
• 20% goes to reserves
• 30% funds development
The dev @Hash_hopes is also building AI tools to help businesses bring real-world assets onchain.
@prismassets is the only project building a dedicated marketplace for tokenized RWAs on RH. Still a very early project with only 150k mcap.
CA: 0x20024E485c0B22b42855589700721b28320A7777
most of the already existing tokenised real estate is whitelist gated by the asset creators.
its out of normal ones reach because they are just not allowed to invest in it.
prism is working on solving this where a user can get added to the whitelist via prism's reference and then he will be allowed to invest in tokenised real estate.
theres a compliance angle to all this but its not that of a big deal
the only major part is getting inside the whitelists.
we are working on it and it should be done soon!
lets build
good morning fam
i woke up to some really good advises by the community and some reported bugs too
we are currently working on few flagship features which should go live soon
forums need to be much smoother and the wallet connect for the user registrations was disabled yesterday as we were working on improving asset custodies
wallet connect for live trading is working fine
mobile ui will be improved a lot today and more new assets will be added from our new sources
we are also working on finishing the legal compliance process and wrappers, it would be completed soon
let’s build for 12 hours straight today
Prism.
its been almost 2 days 16 hours since the launch of $PRISM
> the token price fell down to $16k mcap due to a lot of fud yesterday night and then eventually pumped back to $136k mcap after the V1 update and currently sitting at $56K mcap
> the holder count is still strong at 450
> we shipped 96 more tradeable assets, private credits, tokenisation launchpad and few more stuff with V1 today
> a lot of new features are still being worked upon in the backend which shall go live soon
we are also planning to embed agentic payments, process forwards, LLM usages etc and waiting for the updates regarding that
tomorrow we build for 12 hours straight.
today was a roller coaster journey due to lot of bugs in the tech, price action of the token and clearing the fuds haha.
whatever, we keep building
goodnight!
hey @vladtenev
we all know you're fully aligned with tokenised and programmable real world assets.
we are building an amazon like marketplace for tokenised real world assets (@prismassets ) and in so many asset classes such as tokenised stocks, tokenised commodities, tokenised carbon, tokenised real estate, tokenised ETFs, tokenised businesses etc.
mostly tokenised stocks were in trend all these days but we want to go much deeper into that rabit hole and list everything in this world that can be tokenised.
robinhood was always that chain that supported technology and products that are particularly building around RWAs such as Index.
we request you to check out https://t.co/Fkvj3rZE3B and support us/refer to us any accelerators,funds or grant programmes within robinhood ecosystem.
We are trying to build the future of real world assets as it will be a $16 trillion economy by 2034.
Appreciate your support and your vision!
we are currently working on some new flagship features and also some necessary improvements to Prism V1.
the next update will smoothen the launchpad and AI operating system specifically.
we are also working on aggregating a lot more custodians and asset creators to list many more assets which are tradeable.
tokenised real estate is a unique selling point but we are still waiting for the compliance and legal process to be completed.
whatever, we keep building!
Prism V1 is now live:
- 96 tokenised stocks are available to trade now
- trade stocks for 0.1% less than market price via pool aggregation
- business tokenisation launchpad is now live and any business can launch curated tokens to raise funds (still in beta and only supports base for now)
- forums, notifications, popups, live charts, basket are updated and now smoother than before.
- mobile UI is now updated
- docs are updated
- private credits are now live
a lot of updates and new features will be added in the upcoming update!
Prism tokenisation launchpad for small businesses is about to go live and going through the last round of testing.
Here are few things you should know:
-> A small business can tokenise only when they submit the necessary documents of the registration (curated launches only)
-> Business sets the required holder count. Once the token hits that particular number of holders, trading will stop.
-> Businesses needs to add details about ownership offered, vesting details, member details, business stats etc before tokenising
Once the required amount of holders and funding is raised, trading will stop unless the holder count goes down to avoid unnecessary overtrading and spam volume.
This is like any other crypto token but with lot of limitations, restrictions and its highly curated and closed door.
the complete handbook of real world assets for investors, founders and developers
we worked on writing this book for almost 3 weeks
this will help you understand everything about rwa from scratch to advanced levels
powered by $PRISM
good morning
a lot has happened today since last night and i woke up to 100 messages in the TG community.
the price crashed to 19k mcap.
someone posted a random screenshot of some cluster which held 4.45% of the supply
unnecessary fuds and a lot of negativity by a co ordinated group of people around the token at the moment.
the team had no supply, the token was on pre bonding curve for almost 2 hours and was sitting around 20k mcap before it got bonded
anyone who’s smart enough to look onchain can see all the wallets that aped pre bonding or pre 100k mcap.
people who are listening to unnecessary accusations and fuds, you need to do some research before making your financial decisions
people like to target and talk shit for nothing when they see something running or the price crashes to 60% from ATH
the whole team is working on the product whole day and a lot of updates will go live soon
legal compliance is underway
also a lot of people from the tg community forced us to do buy backs using complete treasury funds which we are not gonna do as it’s stupid
you can give up on us but the last thing we do is give up on our own business
best of luck for spreading negativity, not needed hatred (that too in a market like this) and the crypto ptsd
whatever, we keep building
Its been almost 40 hours since the launch of $PRISM
> the token pumped to $230K and dropped down to $70K
> the holder count is still more than 450
> we shipped dynamic pool, automated buybacks, new mobile version, 11 more tokenised stocks, improvements in forums
> we had to do some changes and reforms within the team so we now have a new BD.
> lot of new features are being worked upon in the backend which shall go live soon
a lot of users requested for immediate updates but i humbly request you to wait as building things takes a lot of time and efforts.
we are also figuring out new ways to market the token really well so that we can position ourselves early into the market.
whatever, we keep building.
goodnight!
Prism mobile version is now updated.
We have added few new cool features which makes the user onboarding more smooth.
Please check it out and let us know what you feel
dynamic rewards pool beta is now live.
- dedicated trading agents will buyback $PRISM automatically based on few parameters
- the $PRISM will then be pooled into dynamic rewards pool
- agents will add multiple tasks to be completed for reward
- user submits the work on the website
- work will be reviewed and rewards will be distributed within the next 24 hours
- new tasks will be added daily automatically based on the amount of $PRISM pooled
this works really smooth on mobile too
everyday users will be able to earn upto 250,000 $PRISM (per user)
meanwhile here's a 1M $PRISM airdrop distributed to 10 people to lighten the mood
> make a post about Prism and how it can be the future of tokenised real world assets
> tag me, @prismassets , @vladtenev and @RobinhoodApp
> drop 3 suggestions/ideas on what can be better with the website
> ai generated content will not be enetertained.
this is not a part of dynamic pooling, its just to keep up the good vibe and support us morally to keep on building haha