Aspecta: Establishing Standards and Trust Mechanisms for On-Chain Non-Liquid Assets

Aspecta is a project dedicated to establishing on-chain standards and trust mechanisms for illiquid assets in traditional capital markets. The project was incubated in 2022 at Yale University's Center for Innovative Thinking, and its core team members come from top universities and research institutions, holding multiple patents and research papers in the fields of AI and graph learning.

Pain Points Addressed

In traditional markets, a large number of assets such as early equity, locked tokens, private equity, and real-world assets cannot be traded on public markets, lacking transparent pricing, which severely restricts liquidity and pricing efficiency. Aspecta proposes to give these "closed assets" an "on-chain" "life," allowing for pricing and providing trading capabilities, thereby reducing information asymmetry and improving asset utilization.

Core Products

BuildKey: Asset Standardization and Lifecycle Pricing

BuildKey presents non-liquid assets in a tradable ERC-20 certificate format. It supports multiple pricing methods and allows assets to switch between different lifecycle stages. Since its launch, BuildKey has supported over 25 digital assets in pricing, completing more than 50 million transactions.

Aspecta ID: AI-driven trusted identity protocol

Aspecta ID integrates data from GitHub commits, on-chain behavior, project contributions, and uses AI algorithms to create credit profiles for developers, projects, and asset issuers, issuing credit scores. This mechanism eliminates the "trust vacuum" in asset packaging. Currently, over 54,000 GitHub developers have completed the verification.

Product Linkage

BuildKey and Aspecta ID work together to create a complete closed-loop ecosystem from asset generation to trust establishment and transaction circulation. When developers submit code on GitHub and link it to a specific project, their technical contributions and on-chain activities are recognized, evaluated, and form a credibility profile by the Aspecta ID system. This provides clear trust support for the subsequent issuance of non-liquid assets.

Community and Ecology

As of now, Aspecta has attracted over 650,000 users to participate in the platform, including more than 54,000 developers verified through GitHub. BuildKey has supported the on-chain issuance and trading of over 25 types of non-liquid assets. The active participation of the community has accelerated the implementation of mechanisms such as multi-chain compatibility, hybrid AMM, and order book models.

Summary

Aspecta is building a triangular structure of "AI + Assets + Community", attempting to create a complete closed-loop process from identity recognition, asset packaging to on-chain governance and incentives. Although still in the early stages, its transaction volume of over $50 million and a user base of over 650,000 have laid a solid foundation.