Stead, an RWA (Real World Asset) project based in Southeast Asia, is pioneering a decentralized funding platform dedicated to floating infrastructure. This platform facilitates the crowdfunding of various floating assets, including fishing and transport boats, fish cages, and floating houses. By allowing decentralized crowdfunding, Stead provides a unique opportunity for small businesses and communities to access difficult-to-acquire assets, benefiting regions such as the Philippines and the United States. The platform’s model uses these floating assets to collateralize its tokens, generating real-world returns and reducing risks for token holders. The profits from these assets are utilized to repurchase and burn outstanding tokens, fostering a net deflationary token model backed by profitable real-world assets.
Key Features of Stead
The Stead platform boasts several key features that make it a groundbreaking initiative in the realm of decentralized finance and floating infrastructure.
Innovative Floating Communities: Stead supports the development of cutting-edge seasteading technology, facilitating human habitation on water. This technology promises to expand residential and commercial opportunities into aquatic environments, promoting sustainable and innovative living solutions.
Deflationary Nature: Businesses and families raising funds through Stead must burn more tokens than they initially issued until they fully own their assets. This gradual reduction in the supply of Stead tokens correlates with an annual increase in their price, making Stead a secure investment even in bear markets.
Blockchain-Powered DeFi Trading: Stead tokens, being blockchain-based, can be traded on decentralized finance (DeFi) platforms like Uniswap. This feature adds liquidity and investment flexibility, allowing users to engage in a dynamic and open financial ecosystem.
NFT-Backed Ownership: Each floating property created through Stead is assigned a unique Non-Fungible Token (NFT) to securely track ownership on the blockchain. This ensures transparency and traceability in the global market for boats and seasteads.
Tokenomics and Allocation
The Stead platform operates with the token symbol STEAD, having a total supply of 5,000,000 tokens. The allocation of these tokens is structured as follows:
Developers: 500,000
Founders: 1,000,000
Marketing: 1,000,000
Future Development: 500,000
Farming Supply: 200,000
Private Sale Token: 1,000,000
Coinstore Public Sale: 800,000
Versatility and Mobility
The versatility of Stead’s floating assets extends beyond initial novelty and resort applications. Future seasteads have the potential to serve as residential spaces, transforming into unique ocean dwellings or commercial venues such as floating restaurants and grocery stores. The mobility of seasteads offers a significant advantage over traditional land-based real estate. These floating structures can be strategically relocated based on business and real estate cost factors, or they can remain stationary to capitalize on rising property values near coastal cities.
Expanding Real Estate on Water
Seasteading, the creation of permanent human habitation on water, effectively increases the available real estate on the planet’s surface. This concept opens up new possibilities for living and working environments, promoting sustainability and innovation in real estate development.
The Future of Seasteading
The vision of seasteading encompasses the establishment of independent floating communities where crypto-friendly businesses can thrive. This ambitious concept, long considered a distant dream, is gradually becoming a reality. The first floating houses have already been built in locations such as Boracay, Philippines, with plans for more underway. The prospect of a fully-fledged floating blockchain city, as envisioned by Stead, remains an exciting possibility. While challenges and uncertainties persist, the advancing technology and innovative spirit suggest that such futuristic visions may soon navigate the currents of reality and come to fruition.
In conclusion, Stead represents a transformative approach to decentralized funding and floating infrastructure. By leveraging blockchain technology and innovative seasteading concepts, Stead aims to create sustainable and profitable floating communities. This initiative not only enhances access to essential assets for small businesses but also paves the way for a new era of real estate development on water. As the project progresses, it will be interesting to see how these ambitious plans unfold and shape the future of seasteading and decentralized finance.