Aspecta: Building on-chain standards and credit mechanisms for non-liquid assets

Recently, the Aspecta project received strategic investment. The project aims to build on-chain standards and trust mechanisms for illiquid assets in traditional capital markets. This article will briefly interpret Aspecta's design logic, product system, application progress, and industry potential.

Project Background

Aspecta was incubated in 2022 at Yale University's Center for Innovative Thinking. Core team members come from top universities and research institutions, possessing multiple patents and research papers in the fields of AI and graph learning. The co-founding team includes a Canadian Academy of Engineering fellow serving as the chief scientist, along with several senior engineers and growth leads.

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," which not only enables pricing but also provides trading capabilities, thereby reducing information asymmetry and enhancing asset utilization.

Core Products

BuildKey: Asset Standardization and Lifecycle Pricing

BuildKey presents non-liquid assets in a tradable ERC-20 token 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, and issues credit scores. Currently, over 54,000 GitHub developers have completed verification.

Product Linkage

BuildKey and Aspecta ID work together to create a complete closed-loop ecosystem from asset generation to trust establishment and then to transaction circulation. This mechanism not only promotes price transparency for early-stage assets but also achieves a positive cycle between the trust mechanism and Liquidity.

Community and Ecosystem Development

As of now, Aspecta has attracted over 650,000 users to participate in the platform, including more than 54,000 verified developers through GitHub. BuildKey has supported the on-chain issuance and trading of over 25 types of non-Liquidity 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 connect the entire process loop from identity verification, asset packaging to on-chain governance and incentives. Although still in the early stages, its product system is continuously improving itself, already having a certain user base and transaction volume, indicating potential development prospects.