AudaCity

Had an incredible time attending and speaking at @Web3LagosCon over the last two days. It’s my fourth consecutive year attending, and I must commend the team for always fostering meaningful conversations that move the ecosystem forward. Let’s do this again!

Looking forward to speaking about Onchain Lending for Productive Assets at #W3LC5. I’ll be sharing how onchain liquidity is financing real-world assets, and how we’re doing it @audacityonchain Excited to meet everyone in Lagos.

It’s far easier to buy a logistics company than to assume buying trucks or equipment means you’ve built one. One of the questions we get the most at @audacityonchain is: “Why don’t you just finance the trucks, get the contracts, and become a logistics company?” Because owning assets and operating them are two completely different businesses. A logistics company is years of operational know-how, route planning, customer relationships, fleet management, maintenance, compliance, driver management, and execution. You can either acquire a logistics company with an experienced team or partner with one. What you shouldn’t do is assume you can bootstrap all of that because you own the assets. You’ll get badly burned.

Just realized something I hadn't fully appreciated when we started building @audacityonchain: Every truck we finance requires at least one additional employee to operate it. When I ran the numbers, I was surprised by the scale of the impact. We're not just helping logistics firms access vehicles. Every truck added to the network creates jobs, unlocks earning opportunities, and increases economic activity far beyond the initial financing/credit.

1000 tokenized trucks generates $40M annually and provides ~2000 jobs. All on @audacityonchain

One million dollars? - deploy into @audacityonchain’s tokenized pre-contracted truck pool - earn asset-backed 25% yearly - leverage truck tokens for borrowing across integrated vaults - keep compounding Easy.

Again, I’ve been reading @ElectricCapital’s report on 501 sources of real-world yield, and the biggest takeaway for me is how early real-world asset tokenization still is. Out of 501 sources of real-world yield, only about 34 have any meaningful on-chain presence today. That means roughly 93% of real-world yield is still not on-chain. And even the assets that are on-chain are very concentrated. Among the non-stablecoin RWAs with over $50M on-chain, only two have more than 2,000 holders. So when people say RWAs are already huge, I don’t think they realize how early we actually are. A small number of institutions, DAOs, or vaults still holds most tokenized assets today. Distribution, not tokenization, is the real bottleneck right now. We already know how to tokenize assets. That part is mostly solved. The harder problem is getting those assets into the hands of thousands or millions of investors in a way that makes sense from a regulatory, UX, and liquidity perspective. Another interesting part of the report is the idea that real-world yield doesn’t just mean Treasuries, real estate, or private credit. They mapped 501 different yield sources across categories like infrastructure finance, transportation leasing (like @audacityonchain), equipment leasing, supply chain finance, royalties, energy projects (like @fuseenergy, @pluralenergy, etc), compute infrastructure, and more. Most of the future RWA market probably won’t come from the obvious assets everyone talks about today. It will likely come from these less popular, harder-to-access yield sources that already generate cash flow in the real world but don’t have efficient capital markets around them. When you think about it, tokenization is basically a new distribution layer for capital. Once assets can be packaged, structured, and distributed globally on-chain, capital can reach places and industries that traditional finance never served efficiently. So the big opportunity in RWAs is connecting global capital to productive assets that were previously too small, too fragmented, or too hard to access. We’re still very early in that process. Article link is in the next post if you want to read it.

I’ve read this article two times in the last 24 hours and one thing that stood out for me is the good number of yields that should be making their way onchain simply because they’re uncorrelated. I’m also glad it specifically mentioned transportation and fleet leasing which is exactly what @audacityonchain does. Can’t wait to see plenty of the other yield types onchain too.

Read @StaniKulechov’s article about abundance assets last week and it prompted to talk about what @audacityonchain is doing with productive assets. TLDR: onchain lending is perfect for pre-contracted haulage trucks in emerging markets. Will appreciate all your thoughts!

Not sure, but someone is tokenizing African haulage though @audacityonchain