Fundrs Latest Seeker: Arkefi are the First Movers in Democratizing the Financing of Art, Cars and Collectibles in Web3
Following AllianceBlock’s recent rebrand to Nexera, the team at Fundrs released the second version of the platform to drive the tokenization efforts of businesses and start-ups. Today, we are excited to launch the first project to list on the new and improved version of Fundrs — Arkefi.
The community will already be familiar with Arkefi, as they are the options financing platform that ARTBANX developed using Nexera’s tokenization infrastructure in 2023. Both teams have been working closely together since then, leveraging each other’s expertise and communities to bring compliant options financing to Web3.
The next step in Arkefi’s innovative journey is to utilize Nexera’s Fundrs to compliantly launch a utility token and raise capital to drive their mission of tokenizing a broader range of Real-World Assets (RWAs), including art, cars, and collectibles.
In this blog, you will find more details on Arkefi, the planned utility and tokenomics of their $RKFI token, and what you can expect during the capital raising event on Fundrs.
If you want more details, please visit the project page on Fundrs here.
Arkefi Revolutionizes the Tokenization of Non-bankable Assets Using Blockchain Technology
Tokenizing real-world assets (RWAs) presents technical and logistical challenges, particularly when dealing with art. Integrating traditional assets like art on-chain demands extra diligence to ensure authenticity and legal compliance. This process involves verifying the provenance of the artworks, creating accurate digital representations, and adhering to intellectual property laws.
Moreover, blockchain’s immutability presents unique challenges in correcting any inaccuracies once recorded. This complexity requires sophisticated solutions that can bridge the gap between the tangible uniqueness of traditional assets and the digital precision of blockchain.
Arkefi revolutionizes the art and collectible market by utilizing blockchain to tokenize non-bankable assets. This process transforms physical assets into digital tokens, simplifying ownership transfer and enhancing liquidity. Fractional ownership is a key feature, as it allows investors to purchase fractions of assets at 50% of their market value — democratizing access to these high-value assets.
The Arkefi platform requires a minimum investment of 100 USDC, which opens up the art market to a broader investor base. Investing in these types of assets can provide a more diversified portfolio and stable annual yields.
Introducing the RKFI Token: Democratizing Access to Art, Cars and Collectibles
The Arkefi (RKFI) tokens will be the cornerstone of the ecosystem’s liquidity and governance strategy. The RKFI token can be staked to enhance the platform’s treasury, which promotes the longevity and stability of the Arkefi ecosystem. In exchange for staking RKFI tokens, participants are awarded Experience Points (XPs), representing their stake in the ecosystem’s future and essential in unlocking various utilities on the Arkefi platform.
The RKFI token has a finite supply of 1,000,000,000 tokens. 20M will be available to NXRA stakers in the upcoming listing. To ensure a balanced foundation for the Arkefi ecosystem and its future development, the rest of the tokens have been strategically allocated as follows:
The RKFI token employs a vesting schedule to ensure a measured distribution of tokens to various token holders, driving long-term project commitments and alignment of incentives. The following table outlines the vesting timelines for each allocation:
The RKFI Token Unlocks Rewards and Enhanced Governance for Users
The RKFI token will unlock a suite of utilities that underscore the participatory ethos of the Arkefi platform. By utilizing its properties and participating in community governance, the Arkefi platform will sustainably grow.
Governance: Token stakers are allocated XPs, which empower them with voting rights within the Arkefi DAO. This grants stakeholders the authority to guide the platform’s strategic decisions, enhancing the user experience, educational initiatives, and marketing endeavors.
Special Events Access: XP holders get priority access to exclusive events, fostering a sense of community and amplified benefits among participants.
Emission Events Participation: Periodically, the platform facilitates events where holders of XP, the non-monetary participation token, can redeem rewards by contributing their XPs. These reward events strengthen engagement and incentives within the community. Members must complete KYC verification and have validated staking wallets to join, ensuring adherence to security and compliance standards. The amount of USDT allocated for each participant is determined after the event’s commitment period concludes, reflecting the non-fixed value of XP.
Priority Listing Access: Users can utilize their XP to secure preferential access to upcoming listings on the platform, providing a strategic advantage in seizing new investment opportunities.
Community Engagement: Beyond token staking, the platform stimulates community engagement via an innovative rewards system. Users earn XPs by completing quests and activities to amplify Arkefi’s presence across social channels. This system incentivizes and recognizes the community’s vital role in the platform’s expansion.
Community Governance is designed to be a democratic way to propose and implement initiatives that drive Arkefi’s ethos. This process ensures that community-led proposals that align with the platform’s values and strategic goals are refined, reviewed, and, upon meeting the criteria, advanced to a voting phase where the community decides on the best course of action.
The RKFI token is crucial to the platform’s overall strategy and will offer users enhanced rewards for their engagement. It will be important to implement the platform and sustain its growth and expansion deeper into Web3.
Upcoming Fundrs Sale: What You Can Expect During the RKFI Event
The Fundrs sale will begin at 16:00 CET on 18th of March 2024. In this section, you can find all the details that you need to participate and different ways to get involved:
Important details to note if you want to participate in the sale on Fundrs:
Price of RKFI: $0.01
Total raise: 200K or 400 tickets
Price per ticket: 500 USDC (Avalanche native) and 2000rALBT
Allocation Cap: 10 tickets max per user
Total supply: 1,000,000,000 (20M allocated for NXRA stakers on Fundrs)
The RKFI token address: 0x65FdA84473084bA2CcA8452883E6eA3561092234
Project timeline and vesting schedule:
As the event will occur on Avalanche, it is recommended that users bridge their tokens using a trusted protocol. We suggest Synapse Protocol. Double-check that you are using Avalanche’s native USDC token for the sale. Please take into consideration the gas fees for these transactions, particularly AVAX.
If you are a mobile user or are still using WalletConnect, you can still participate using Fundrs V1; the project and process are the same as in this link.
If you are new to Fundrs, you must conduct your KYC using NexeraID. Nexera’s privacy-preserving KYC platform was recently integrated into Fundrs. If you have verified previously, your KYC carries over to future projects, including this one. If you haven’t conducted your KYC, you must connect your wallet and follow the steps. We provided a walkthrough document for the last sale — the steps are still valid and can be found here.
To best prepare for the RKFI capital raise, familiarize yourself with the project and see how it has utilized Nexera’s Tokenization Infrastructure to sell out its first pilot listing successfully. The listing page on Fundrs has detailed information on Arkefi’s product and tokenomics.
This is a significant milestone for Arkefi as it sets the foundation for all future listings in non-bankable asset classes. Being the first movers in this innovative use of blockchain technology ensures a big future for the platform and its early supporters.
Are you interested in discussing a potential launch on Fundrs? If so, reach out to our business development team here.
About Arkefi
Arkefi is revolutionizing the investment landscape with its unique platform that offers up to a 50% ROI. By leveraging blockchain technology, it provides opportunities to own real-world assets like art, cars and collectibles through fractional ownership. Investors can buy into these assets at half their market value, with a minimum annual return of 4%.
The platform ensures a transparent investment process, with benefits for both buyers and sellers. If assets aren’t bought back by sellers, investors retain ownership, unlocking limitless performance opportunities. All assets on Arkefi undergo rigorous evaluation and are stored in Switzerland’s bonded warehouses for utmost preservation.
Art — Defi — Blockchain
About Nexera Foundation
*AllianceBlock recently unveiled its rebrand to Nexera Foundation.
Nexera Foundation is empowering the future of finance with cutting-edge open-source innovation. Nexera infrastructure seamlessly incorporates blockchain technology, facilitating on-chain and off-chain operations for simplified digital, financial, and real-world asset management.
Nexera Foundation is focused on nurturing the broader ecosystem and DAO and enhancing the utility of the NXRA token. It is committed to promoting community growth and driving innovation in the digital asset space, including the growth and development of current and future key ecosystem partners.
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