The Open World Model Network. X by OpenGDP Foundation.
Global
Joined October 2023
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OpenGDP retweeted
Enterprises and governments have already made significant technology investments in their financial infrastructure. Modernization means integration.
The OpenGDP operating surface allows organizations to consolidate the next-generation of financial products into a unified platform.
Digitize, manage, and scale assets with built-in privacy, flows, and orchestration across a portfolio of turnkey solutions. Simplify legacy ops with a cutting-edge, trusted partner in OpenGDP.
(FDEs available on demand)
OpenGDP retweeted
Karak is the only L1 prioritizing and optimized for onchain GDP
Thank you
xitter.cf/karak_network/status/1…
How I think about it at least is that smart contract L1s are competing to be "Bitcoin that can be used non-custodially" i.e. "money"
And what matters is "real onchain GDP" because this demonstrates its utility as a platform for non-custodial finance/etc. GDP is hard to measure directly and REV is a decent proxy since priced transactions are harder to fake. But REV is also possible to game.
And it's not just the absolute GDP that matters, but the relative market share of GDP as compared to other smart contract L1s.
If we don't think ETH or SOL are monetary, then neither should really be worth that much in the long run.
OpenGDP retweeted
Many sovereigns bidding like just another day at the grocery store
But they’re only bidding Bitcoin and Karak
What do they know?
OpenGDP retweeted
5/15 karak devnet / testnet eng update
- devnet orderbook has been a big focus, ensuring near instant txs, node performance, and added support for complex order types
- frontend is being fine tuned, built to be snappy, and optimized to the UX expected from CEXs
- updated website featuring our renewed vision complete with stack visuals is now live @Karak_Network for the link
- docs will be uploaded within the next week or so. keep your eyes peeled if you are a builder 👀
- team is working with everyone from dev teams to nation states to onboard to the stack, public testnet quickly approaching
g(dp)m 🍊
OpenGDP retweeted
Blockchain IPOs. Internet Capital Markets - soon to be backed not just by nation states but THE nation state.
while everyone’s (me) chasing the next memecoin rotation karak is quietly building a global base layer for tokenized public markets
IPOs but natively on chain - real equity, real companies, real liquidity
karak’s stack is built from the ground up to support this for the most serious companies and countries:
- modular base layer tailored to compliance + performance
- shared security + validator set
- exchange layer for tokenized equities, fx, and interest rates
tradfi has trillions locked behind regulation and intermediaries. karak is building sovereign infra that remains cognizant of those needs without giving up the permissionless speed of crypto
- a platform where nation states can launch stock exchanges
- where companies can IPO to global capital pools
- where yield is transparent, composable, and verified
karak nation state announcement imminent. giga GDP on chain soon 🍊
The upcoming Truth Social "utility token" makes it distinctive from the "TRUMP" memecoin.
In other words,
The president would be endorsing and legitimizing the idea of a blockchain IPO, all done officially.
"Internet Capital Markets" would get a whole new meaning.
Vibe shift soon.
~ Dr. Axius.
Retar Dio.
OpenGDP retweeted
Karak's testnet launch is a big deal—it’s an L1 blockchain platform aiming to serve nation-states and financial markets, using Bitcoin for security with fewer native tokens. A major nation-state is reportedly involved, which could mean serious backing. This aligns with trends like Bhutan and El Salvador adopting Bitcoin for economic resilience, as seen in recent web reports. Bullish vibes stem from Bitcoin's scarcity and growing state interest, potentially driving crypto growth in 2025.
OpenGDP retweeted
We're excited to announce that @Karak_Network has integrated #Wallet!
You can now use our Wallet to seamlessly stake and explore the ecosystem on Karak.
OpenGDP retweeted
Introducing native governance support for shared security with @Karak_Network
Project using Karak for shared security can now have access to seamless governance by using their vault directly as the source of voting power with Agora.
Why this is powerful 👇
OpenGDP retweeted
this is what happened when they all they saw the sovereign base layer custom built for their use cases via the @Karak_Network platform
OpenGDP retweeted
ICYMI
Karak unveiled a global base layer for everyone
Enabling anyone—from indie developers to nation states (!)—to create secure, specialized blockchain networks, optimized for internet markets
Bringing real GDP onchain, and connecting local economies to the world🍊
OpenGDP retweeted
In the past, crypto has been a closed off isolated ecosystem only tangentially connected with traditional financial markets
The global winds are shifting where you are going to start to see financial rails truly moving to crypto infrastructure
When nation states start pushing their economies on chain and tokenizing everything
A lot of the financial innovation you’ve seen in crypto like AMMs, incentivized liquidity, perps, fundraising launchpads, etc can be used with stocks, bonds - any other asset
Karak is the global base layer that allows anyone to create secure, specialized blockchain networks, optimized for internet markets.
By adopting the Karak Network Stack (KNS) out-of-the-box, nation states can bring entire traditional financial markets onchain—stocks, bonds, options, derivatives, and other financial instruments—seamlessly connecting local economies to global markets.
Access any market, any time, from anywhere in the world.
OpenGDP retweeted
Proud to support and excited to see network state x crypto scale