Please describe your proposed solution
We propose the integration of Tokenization and Real World Assets (RWA) functionalities on the “PAGOTIC” platform (an application created and operated by the company PAY PER TIC), used by over 800 diverse entities such as: companies (of different sizes), sports institutions, educational institutions, NGOs, and those in the public sector like municipalities and state governments.
Through the Cardano blockchain, we will develop tools in order to create native tokens that represent real world and financial assets of the aforementioned entities, granting them access to the Web3 industry, thereby improving their financing and expansion opportunities
This initiative will allow Cardano to onboard users experienced in digital finance as well as companies that currently lack access to these technologies having no prior exposure to blockchain. These users will be incorporated as productive agents aiming to grow their operations and optimize their business.
With the rise of cryptocurrencies and blockchain technology in Argentina, this initiative will open a unique window for hundreds of companies and millions of users to enter Cardano.
The challenges this project addresses are as follows:
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High Barrier of entry to the BLOCKCHAIN universe for companies outside the tech industry: there are numerous small and medium-sized enterprises, as well as educational, sports, and non-governmental entities, that interact daily with PAGO TIC's services but lack access to the solutions blockchain provides. This may be due to prohibitive initial costs, as these types of projects often lack sufficient funds to explore new technologies independently, or simply due to the perception that entering a universe superficially associated with cryptocurrencies would entail significant overall volatility and high technical difficulty. Integrating a Cardano-based solution into the aforementioned platform would address both issues.
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Insufficient Development of Local Economies: Small and Medium-Sized Enterprises (SMEs) in general, as well as educational, sports, social institutions, and a large number of NGOs face serious financing difficulties in traditional markets, and there are no accessible investment mechanisms for users and communities to participate directly. The Pago TIC platform, through technology solutions based on Cardano, would provide new methods of tokenization and decentralized financing, strengthening local economies and generating an unprecedented level of community impact in Argentina.
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Lack of Web 3-based services in PAGO TIC: With this integration, we offer the potential of introducing over 3 million users that our partner currently has to blockchain, offering an optimized experience in digital financial services to facilitate access to the Cardano ecosystem.
The following points serve as a summary of what we aim to achieve, whilst at the same time encompassing the main reasons why we believe that this project should be approached in the way proposed.
1. Onboard 3,000,000+ users to blockchain technology through CARDANO, addressing specific issues and serving as a gateway to this ecosystem.
This integration between an already established platform in Argentina, with a user base that engages with its services daily—both for individual transactions and essential operations for companies or entities—provides CARDANO with a clear opportunity to showcase the practical application of its technology.
Users will be using blockchain to access services that were previously unavailable, within a platform they already trust, sending a clear message about the potential that CARDANO technology has, for all types of entities and for the Argentine market in general.
This project could be just the beginning of implementing many more WEB 3 services, in which CARDANO specializes, on the PAGO TIC platform.
2. Lower costs by introducing a platform designed as the first blockchain experience for users and entities without a Web3 background.
The use of Cardano in the PagoTIC platform will significantly reduce operational costs thanks to its efficiency and scalability. This translates to zero entry costs, compared to the expenses that would be incurred by a local company or entity themselves if they were to develop such a service individually.
PagoTIC will leverage the tools available in CARDANO plus previous developments in said ecosystem to create an intuitive service, with user experience as the main focus.
In this way, individuals and small to medium-sized businesses benefit from the security and transparency of blockchain without the initial complexity that often deters adoption, thus promoting sustainable growth and ongoing interest in the ecosystem.
3. Develop the capability to create new tokens in the Cardano ecosystem, based on real products and services
Tokens will be developed to represent tangible goods and services from the Argentine economy, promoting tokenization based on real value and backed by physical assets or verified services.
Additionally, these tokens can be used in daily operations within PagoTIC, facilitating a complete financial circuit that not only drives Cardano adoption but also provides added value to local users and businesses.
4. Create a new financial ecosystem that boosts local economies
The project will drive local economic development by enabling payments in tokens backed by Cardano. This integration promotes a decentralized financial ecosystem where local businesses can expand their customer base and operate in a transparent and secure environment. Additionally, the circulation of these tokens strengthens local businesses, with transactions that are fast and free from costly intermediaries, directly benefiting communities and empowering emerging economies.
5. Enhance an active, established, and continuously growing payment platform with tools that no other product on the market offers
PagoTic already has a large user base and a positive growth track record in the digital payments market. By integrating Cardano's advanced functionalities, the platform's value increases by offering services that traditional payment methods cannot, such as transaction immutability and cryptographic security, among others.
The platform will differentiate itself through the use of smart contracts and tokenization mechanisms, providing innovative financial solutions for businesses and consumers seeking to access cutting-edge technology in a simple and secure way.
6. The platform increases its value as more users and businesses join the ecosystem
The proposal establishes a growth model where the value of the tokens and the platform strengthens as more users and businesses participate in the Cardano ecosystem. By expanding the user base, the token gains value and stability, encouraging its adoption as a medium of exchange.
This model ensures a cycle of sustainable growth, as greater adoption enhances utility and, consequently, attractiveness for new users and investors, reinforcing the ecosystem and positioning CARDANO in Argentina as a robust blockchain focused on practical solutions.
7. Demonstrate to the Argentine and global financial sectors that the market is ready for decentralized solutions, serving as a proof of concept for applications in other industries
This project will act as a robust case study, validating the use of blockchain, and demonstrating that the market is prepared to adopt decentralized solutions. By implementing in Argentina's financial context, PagoTic, along with Cardano, will serve as a reference model for other industries looking to test the viability of blockchain in a regulated environment and across diverse jurisdictions.
This experience will show banks, governments, and other financial entities that it is possible to implement blockchain solutions that enhance efficiency, transparency, and security, without significantly altering existing structures.
TOKENOMICS
1. BUSINESS EXPANSION
Objective: Finance the acquisition of fixed capital to expand operations, with returns based on the asset's performance.
Operation: The investor receives a proportional share of the generated profits, establishing a passive income flow that prioritizes economic performance.
2. DIRECT PARTICIPATION IN ENTITIES
Objective: Represent a vehicle similar to a digital stock of the entity, providing both positive performance benefits and exposure to risks.
Operation: The token is linked to the entity's revenue and performance, reflecting both successes and potential setbacks, encouraging investor interest in the economic development of a local entity.
3. PRE-PURCHASE AND COMMUNITY FINANCING (CROWDFUNDING)
Mechanism: Tokens enable the acquisition of future products at reduced prices, allowing access to funds in advance by the entity emitting it.
Investor Benefits: Investors can secure future products or services at a discount, supporting the production process and accessing preferential prices once the product is on the market.
4. TOKEN EXCHANGE FOR SERVICES AND PRODUCTS
Objective: Tokens can be exchanged for the entity's products or services, maintaining a value equivalent to the current price of the good or service, ensuring liquidity and value
Public Sector: A token may be used as an equivalent of a tax credit, reducing part of a taxpayer's tax burden by exchanging the instrument
5. MEMBERSHIPS AND SPECIAL SERVICES
Value-Added: The token allows for covering membership fees or accessing exclusive experiences, increasing its utility within the entity's ecosystem and offering a wide range of usage options for the investor.
6. TOKENS FOR SPORTS ENTITIES
Objective: Each sports entity could issue its own token, allowing fans and investors to participate in the club's economic successes.
Financing: Tokens can be used to finance specific projects, being issued at the discretion of the entity when needed.
Exchange: Members can pay their club membership and also exchange tokens for other exclusive or promotional services and goods.