对话Pump.Science创始人：$RIF和$URO后的下一个DeSci+meme

Odaily星球日报Published on 2024-11-25Last updated on 2024-11-25

Abstract

Binance投资的DeSci领域，真的是下一个风口，还是一场投机泡沫？

原文采访：The Thread Guy；

嘉宾：Benjels，pump.science 联合创始人、molecule 成员；

原文编译：zhouzhou，BlockBeats

编者按：本期访谈邀请到了 pump.science 联合创始人 Benjels，在曼谷活动 CZ 和 Vitalik 的支持为 desci 带来了大量热度。访谈讨论了 DeSci 带来的创新以及未来的发展方向，提到通过用代币交易筹集实验资金推动医疗和长寿技术的发展的实际意义。同时 Benjels 也带来了新的 Alpha 信息，表示 pump.science 将在圣诞节左右发射将近 20 个新的实验代币。

以下为原文内容（为便于阅读理解，原内容有所整编）：

对话Pump.Science创始人：$RIF和$URO后的下一个DeSci+meme

关于 Pump.Science

Thread Guy：你能简单介绍一下自己和这个项目（pump.science）吗？

Benjels ： 我是一名科学家，同时也是个"韭菜"。让我觉得很不满的是，市场上没有同时兼顾这两种身份的方式。比如你可以交易生物科技公司的股票，但它们的数据发布周期可能长达数月，缺乏那种实时更新、能随时投机的连续性。体育博彩就不一样，你可以实时下注比赛动态。科学领域却没有这样的模式，所以我们想为科学领域打造这样一款「游戏」。

Thread Guy： 听起来很有趣。具体是怎么运作的呢？

Benjels ： 具体来说，我们的团队一开始是把化合物做成 NFT，但后来意识到人们其实更关心「可替代代币」。NFT 的吸引力有限，大多数人更希望拥有整个资产的一部分。所以我们转而将药物化合物的知识产权代币化。

Thread Guy： 是在链上把知识产权拆分成代币的形式？

Benjels ： 没错。我们以代币的形式表示某种化合物的知识产权，这些代币可以交易。相比于购买一家生物科技公司的股票，你必须持有这家公司所有的药物，现在你可以选择投资单一药物。

Thread Guy： 为什么之前没有人做这个？

Benjels ： 主要因为区块链和加密技术相对较新，科学界通常进展较慢。此外这涉及复杂的法律问题，我们花了大量费用请律师确保这一切合法。

Thread Guy： 这种药物的知识产权要从哪里购买呢？

Benjels ：需要直接联系药企询问是否可以买知识产权，接着需要涉及律师还有成千上万美元的费用，非常昂贵，因为法律问题都需要律师介入。而我们目前正在做的事情，就像发送代币一样简单。与其为 IP 授权撰写复杂的合同，我们的解决方案是：直接发送一个代币，这就是我们理解的授权方式。

Thread Guy： 但假设一下，能不能在某种情况下买下尼古丁的知识产权？

Benjels ： 尼古丁是天然存在的，无法申请专利。但如果将尼古丁和其他物质结合，比如与咖啡因混合，这种组合是可以申请专利的。我们所做的就是将这些专利或数据代币化，然后测试它们是否有效。

简单来说，你可以把它理解成这样：以延长寿命为例，我们会在动物身上测试化合物效果。其中一个让我特别感兴趣的领域是「益智药物」（nurotropics），简单来说就是任何能够帮助大脑更高效运作的东西。比如尼古丁就是一种益智药物，咖啡因也是，实际上还有很多类似的化合物可以帮助提升大脑功能。我们也可以通过动物测试来研究，比如通过不同的鼠类实验来验证某种物质是否能帮助鼠类思考得更好。

不过总的来说像益智药物这样的研究是我们可以涉及的，但目前「延长寿命」是最容易研究的领域，因为所有人都会衰老，「活着还是死亡」这个结果是最容易让人理解的。因此，我们就可以利用这些数据吸引投资者。

Thread Guy： 所以你们描述的这个过程听起来像是需要跨越重大的机构障碍，最后把它放到了 Pump.fun 上推出，给我们讲讲这个过程吧。

Benjels ： 我们上线了两个代币，分别是 Rif（利福霉素）和 Uro（尿石素）。其中 Rif 市值曾接近 250 万美元。总体来看，这些代币自上线以来的交易量已经突破 10 亿美元。这些代币背后对应的化合物可以用于开发补充剂，未来还能通过销售或专利授权获益。而为了吸引更多人投资，我们需要开发一套数据，证明这些化合物的有效性，比如在动物测试中显著延长寿命。

RIF 和 URO 后，新币何时发布？

Thread Guy： 你们已经有两个代币了，那你们决定什么时候推出下一个的？我们该如何抓住下一个的早期机会？还是应该买现有的代币？你们对此是怎么考虑的？

Benjels ：新的代币可能会在圣诞节期间上线。第一个代币叫 Rif，所以我们会举办「Rif 圣诞节」。我们计划每天推出 1 到 2 个代币，大概持续 10 天。需要理解的一点是，我们受到现实世界的限制。我们合作的实验室资源有限，比如设备和实验用动物数量。如果我们像 Pump.fun 那样直接全盘开放，允许所有人提交实验请求，我们的实验能力会远远跟不上。所以一开始我们需要保持小规模运营。目标是逐步扩展规模，最终任何人都可以提交实验，就像 Pump.fun 那样形成狂热。

不过我们会先从大约 20 个代币开始，逐步展示它们的发展路径，包括像 Rif 和 uro 这样的代币，最终希望能推进到人体测试阶段，甚至发展成一个产品市场，在那里售卖这些不同的补充剂。至于如何抓住早期机会，我可以透露一些「内幕」：我们可能会在圣诞节期间推出 20 个代币。

Thread Guy：我想大多数代币爱好者通常认为第一个代币会最有价值。但你描述的机制更像是「优胜劣汰」，看哪种药物表现最好。你觉得这种动态会有变化吗？对于想参与其中并深入了解 DeSci 项目的人，有什么建议或者指导吗？

Benjels ：我会建议大家关注一些指标，科学最酷的一点在于数据是实时生成的。虽然听起来有点麻烦，但我们提交的化合物是已经存在的，你可以在线查阅相关资料，可能还有相关的科学论文。我们的目标是将极客变成科学家，同时也将科学家转化为极客。

对话Pump.Science创始人：$RIF和$URO后的下一个DeSci+meme

这个项目的特别之处在于它与现实世界紧密相关，不仅仅是一个「meme」，这些可能是潜在的延长寿命的药物。你可以在线了解这些化合物，而我们也会生成相关数据，为判断它们是否有效提供早期指标。比如我们现在正在做的两个实验，都是关于果蝇的。我们不仅会记录果蝇是活着还是死了，还会监测它们的移动速度和距离。

此外，我们的目标是结合当前的 AI 热潮，创建一个基于这些数据进行交易的 AI 机器人。无论是人还是 AI 在交易，我们都不介意。我们意识到未来可能是 AI 主导的交易时代，尤其在科学领域。你可以开发自己的 AI 代理，利用我们提供的数据为你交易。这是我们对未来的构想，尤其是在科学中，这种方式在现实世界几乎无法实现，因此我们必须「游戏化」这一过程。

Thread Guy：如果现在有两个代币，以后会有 20 个代币，那是否表现最好的代币会与测试结果最好相关联？

Benjels ：我不会直接评论价格，但市场会自行决定结果。不过可以说，实验数据确实可能会对代币的表现产生影响。

药物 IP 如何变现？

Thread Guy：你们打算把这些药物卖给药物公司吗？

Benjels ：不会，我们会直接面向消费者销售，同时提供明确的数据支持其效果。你买现在的补充剂时，很难知道它是否对你有用，或者具体效果如何。因为没有一个专门的场地去逐个测试这些补充剂的效果。

我们正在通过游戏化的方式资助研究，并将这些数据转化为市场营销的一部分，比如我们可以说「这个补充剂让果蝇的寿命延长了 50% ，还能让它们跑得更快、走得更远。」目前没有人能提出类似的研究或结论。我们希望通过这种方式，把投机行为转化为研究资金，同时生产真正能够延长寿命的产品。

Thread Guy：考虑到你们已经在这个领域工作了两年，能不能聊聊你们是怎么开始的？你们的团队是怎样的？

Benjels ：我在 DeSci 领域已经工作了两年，而 Pump Science 这个项目是两周前在 Breakpoint 大会前启动的。我们在大会期间推出了两个代币，从那时起就一直在努力发展这个项目。

Thread Guy：那么大家有没有对你们的项目感到怀疑？特别是在一开始提到「科学」时，大家的反应是什么？

Benjels ：一开始大家都觉得挺不靠谱的。说到「科学」，大家往往觉得这就是那些无聊的实验，都是死板的东西。但我们希望让科学不再显得枯燥无趣，你知道很多人在高中时都觉得科学课很无聊，我们希望改变这种看法。

假设你把 Degens（加密货币的极客们）那种疯狂的动力引导到科学上，让这些人也能参与进来，去做一些有趣的实验，最终帮助我们延长寿命。这就是我们项目的核心。这其实是一种类似于 Polymarket 的激励理论：只要设置正确的激励，人们就会找到正确答案。

Thread Guy：你提到的「Polymarket」的理念确实很有意思，利用激励机制去找到正确的答案，能将这套机制用到科学上，确实是个非常疯狂的想法。这也是个很大的信号啊，这可能是下一个「Elon」在走的路！

Benjels ：我觉得我们希望把真正的长寿专家拉入这个项目中，用我们生成的数据打动他们。但我们不想一上来就说：「看这个疯狂的赌场投机游戏」，那样他们只会掉头走开。

大多数我敬佩的人都在长寿领域，我们会用研究数据去打动他们，让他们关注。届时他们会好奇：「谁资助了这些实验？」然后我们会告诉他们是投机市场，这种研究方法是前所未有的。

Thread Guy：这些数据是否会被其他研究人员使用？还是它是专属的？

Benjels ：目前这些数据是我们独家生成的，但这正是长寿领域的痛点。美国食品药品监督管理局（FDA）并不认为衰老是一种疾病。如果你要开发一种药物，必须针对癌症、心脏病、糖尿病等疾病，因为这些才算是「诊断」。

但衰老不被视为疾病或诊断，所以你不能开发单纯延长寿命的药物。这导致公开市场基本不资助这类研究，像美国国家卫生研究院（NIH）也不会投入这方面。VC 也不会资助，因为保险不会支付补充剂的费用，只有疾病药物才能被保险覆盖。所以研究资金来源有限。


我觉得越是深入医疗健康的领域，你就越能看到真相，这就像是《黑客帝国》，没人是来帮助你保持健康的。每个人都希望你生病，然后给你一种超级昂贵的药物来治愈你，这真的有点吓人。

但这正是转变的机会：我们可以自己资助研究，而不是依赖 VC 或政府。这些资金可能来自随机的「投机者」。

Thread Guy：显然我看到了很多币的价值，我确实希望有一个渠道让我能投资这些东西的指数，或者如果有一个地方能集中投资，无论是像「DAO」这种或者类似的。

Benjels ：我要说点内幕消息了，上周三我和 Shaw、Bao 吃了顿晚餐，他们计划做一个 DAO 基金。虽然细节还未敲定，但我们正在推进，可能很快就会有动作。到时候我们会在 Twitter 上公开。不过这里有个问题：我们不想既创建市场，又资助市场上的代币，那看起来太有问题了，所以我们正在寻找外部团队来运营这个基金。

对话Pump.Science创始人：$RIF和$URO后的下一个DeSci+meme

Thread Guy：那如何提交一个药物呢？比如说 Thread Guy 能提交一个化合物吗？

Benjels ：当然可以！如果你有想法，可以到我们的网站提交申请。不过目前大约 90% 的提交内容都涉及非法或受控物质，比如 THC 和其他药物。遗憾的是，由于实验室需要许可证，我们无法处理这些化合物。

Thread Guy：什么样的项目可以提交？世界上是否已经没有什么研究是没有做过了？

Benjels ：你可能觉得已经做完了所有的研究，但其实并没有。科学的核心就是探索那些尚未被研究的问题，去找到答案。这就是科学的意义，找出那些推动人类进步的重要问题。

所以其实我们目前的想法是：目前我们只有一个相对简单的表格，你只要在上面提交想法，表格就在我们网站上。如果你去 pump.science 网站，基本上上面写着「提交新实验」，你可以提交任何你想提交的东西，我们正在收集好的想法，然后把这些人带进来，他们就成为开发者，也就是我们所谓的「药物开发者」。

他们将提交实验并拥有知识产权。所以短期内我们会保持小规模运行，因为我们在实验数量上有一定限制。但最终目标是让它像 pump.fun 一样，当代币达到一定市值时，就会启动这些实验，并且我们会负责所有操作。比如，交易费用会用于资助研究，这笔资金会被送到实验室进行研究。最终，实验会从蚯蚓、果蝇、小鼠，到人类进行测试，最后我们就能推出产品。

Thread Guy：那你们是怎么获得批准销售这些药物的？

Benjels ：这取决于你在哪个国家，每个国家都有不同的监管流程。基本上，在你制造药物的地方，你必须有一个像 GMP 这样的认证体系。GMP 是「良好生产规范」，类似 FDA 会检查制造现场，看看是否合规，是否有完整的文档记录。我们不会亲自做这些，我们会外包给专业人士来完成。

Thread Guy：那这个过程难吗？要花费很多年吗？

Benjels ：是的，这个过程比较复杂且昂贵，但这部分我们不会做，我们会交给专业人士处理。我们会专注于构建代币和数据组件，做这些实验的数据流和管理。

DeSci 领域的新机遇

Thread Guy：我在查找时发现有很多不同的名字与 Bio 相关，那是什么？

Benjels ：Binance 投资了 Bio，它基本上是一个多个 DAO 组成的 DAO，每个 DAO 专注于不同领域的研究。比如，VitaDao 关注长寿研究，HairDao 关注脱发研究。你看，脱发领域几乎没有资金投入，所以就有一群加密货币投资者，他们面临脱发问题，手里又有很多加密货币，他们就想自己做出脱发药物。

对话Pump.Science创始人：$RIF和$URO后的下一个DeSci+meme

市场上现有的药物（比如罗盖因和非普希）效果一般。所以，HairDAO 目前做得很好，他们的代币价格也很高，正在开发多个药物。你应该去了解一下，他们真的是行业领先。

此外，还有一个关注女性健康的 DAO、一个关注冷冻疗法的 DAO 等等，都是那些没有得到资金支持的研究领域，但这些领域有很多人关注，因此他们就启动了这些 DAO 来资助相关研究。我们对长寿领域非常看好。

Binance 投资了 Bio，Bio 是一个跨所有这些 DAO 代币的指数代币。如果你觉得 DeSci 很有前景，但不关心脱发或者长寿，你可以选择投资 Bio 代币，因为 Bio 基本上是这些代币的流动性代币。希望这样解释能让你理解。

Thread Guy：那长寿领域的重点是什么？

Benjels ：我觉得核心是看看美国在医疗健康上的开支。美国的医疗支出占 GDP 的 20% ，非常庞大。但如果看寿命，我们的寿命其实是在下降。我们花了更多的钱，却获得了更短的寿命。

所以问题来了，为什么会这样？你会意识到，整个医疗系统的设计并不是为了让你活得更久，而是为了从你身上榨取尽可能多的钱。这就是长寿理论的核心。如果你真正关心健康或者想活得更久，那么我们必须自己去做这件事。所以这就是长寿领域的立足点。

但我们也认为，除了长寿，还有很多其他领域也可以展开。我们现在从长寿开始，因为这是最大的市场，毕竟每个人都关心自己的寿命。

此外，我们对生物黑客（biohacking）也非常兴奋。这里不仅包括新型药物（nurotropic）的研究，还有 Reddit 上的庞大生物黑客社区，这些人通过服用各种化学物质来实验，看看不同的化学物质是否能改善他们的体能或者健康。你知道的，也有像冷水疗法这种方法，大家在尝试这些极限挑战。

之前确实有很多人尝试通过生物黑客来增强身体性能。现在，除了那些想通过锻炼变得更强壮的健身爱好者外，还有不少人专注于铁人三项等项目，想提高自己的跑步速度。这样就涉及到了一类叫做「运动增强药物」（PEDs）的领域，但这方面的研究仍然很少。于是很多人开始自我实验，有些人甚至会从中国找一些药物来测试自己。因此我们的想法是，在我们开始自我实验之前，应该做一些动物实验。

Thread Guy：你会推荐一些私下的「脑力优化」（nurotropics）产品吗？

Benjels ：有的，我最喜欢的是亚甲蓝（Methylene Blue），这不是「毒品」，还有尼古丁含片，效果很好，以及莫达非尼（Modafinil），也是绝佳选择。

Thread Guy：那 Lion』s Mane 是什么？

Benjels ：Lion』s Mane 是一种蘑菇，能帮助神经元再生，就是对脑细胞有好处。所以它很棒，但你可能不会立刻感受到效果，这些我提到的其他药物效果会更明显。

Thread Guy：你们什么时候会在 Pump.Science 网站上开设药物商店？

Benjels ：其实我也觉得这事迟迟没有发生，真是有点过分。我们预计大概在第一季度推出商店。虽然大家对路线图都很反感，但这是一个真实的进展。我们不是那种可以随便创新的互联网公司，而是做实体操作。我们正在跟一些实际的厂家合作，建立供应链，同时要搭建电子商务平台。我们还计划引入一种代币机制，当产品销售时，代币会被回购并销毁，这样会造成代币的通缩，进而提高价格。

Thread Guy：假设你们推出了某种药物，比如尼古丁（虽然我们现在不能做这个），如果我大量购买它，价格疯狂上涨，然后销售也很火爆。作为代币持有者，是否期望代币价格上涨，因为知识产权现在更有价值，或者是因为回购和销毁机制的作用？这个过程是怎样的？

Benjels ：这个问题确实有点复杂，律师通常会让我小心说话。我会尽量谨慎解释。如果代币持有者投票通过，决定进行回购和销毁，那么当产品销售时，产生的利润会用于回购并销毁代币，从而造成通缩效应，这样代币的价格就会提高。所以，如果有足够的代币持有者投票同意这个方案，那么回购和销毁机制将会生效。这样一来，就能逐步提高代币的价值。需要注意的是，这种机制不能一开始就设置好，但如果是通过群体投票的方式来做决策，就能避免一些法律上的风险。

Thread Guy：如果我想了解你们将要发布的 20 种新药物，怎么找到相关的研究资料呢？比如，我想了解这 20 种药物的具体信息，怎么找到相关的研究和数据？

Benjels ：我们会在药物发布之前，公开它们的身份信息，这样你就可以提前做一些调查。不过，虽然我们计划发布大约 20 种药物，但目前我们还在从实验室获取数据。所以这些药物是否都会有效，尚不确定。不过，我们会发布即将测试的化合物信息，然后开始打开类似「Pump.fun」那样的曲线机制，代币开始交易。一旦市值达到目标，实验就会启动。

Thread Guy：你觉得我应该尝试推出一个「Thread Guy」主题的药物，还是研究如何提交药物？

Benjels ：当然可以尝试啊，即使你手上只有尼古丁这个想法，也可以从这开始。

Thread Guy：能不能给我们一些具体的建议，如何从这次机会中获取最大的收益？接下来的操作方向，值得关注的点是什么？

Benjels ：我可以介绍 Pump Science，因为我现在就在做这个项目。我觉得最重要的点是现在大家都对 AI 非常着迷，确实，AI 很酷，可以跟自动化系统互动，甚至让它们进行交易。

但说实话，科学才是推动社会进步的力量。虽然这样说有点老生常谈，但我们生活在一个物理世界，科技创新可以改变很多东西，比如医疗行业。大家看待加密货币时，往往觉得它只是在赌博，但其实我们能够真正改变一切，特别是像医学这种大领域。

Thread Guy：那科学家们怎么看这件事？

Benjels ：科学家的看法分歧很大，有一些科学家对此非常兴奋，因为我们已经资助了很多研究人员，他们对这种资助非常高兴，因为这笔资金可能是他们通过传统渠道永远也拿不到的。

而另一方面，也有一些科学家对这个有怀疑，因为加密货币在他们眼中有一定的污名。所以我们得试图改变这种看法，目标是做出真正的研究成果，开发有意义的产品。如果科学界愿意接纳那很好，如果不愿意那也没关系。不过我认为，态度在慢慢转变。

Thread Guy：你提到很多「Trap Science」（陷阱科学）的人觉得你们可疑。那么，我该如何判断你们或者其他 DeSci 平台是否可疑呢？

Benjels ：我建议你查看链上交易记录，看看资金是怎么流动的。资金是否真的投入到科学研究中，而不是浪费在其他地方。你也可以关注你们关心的项目，看看它们的执行情况如何。

现在，大家都不太看重过去的计划，而是更关心「今天你做了什么」。对于这个周期，我觉得大家应该对所有的项目保持高期待。如果一个平台总是隐瞒进展，那它很可能有问题。如果我们公开透明地进行实验，实时展示，那就说明我们是在认真做事，投入了资金。我们目前的做法就是公开展示所有实验的进展，确保资金真的用到了研究上。

Thread Guy：DeSci 领域这么多新的概念在同时发生，人们最应该关心哪些呢？

Benjels ：如果你关心活得更久，关心不死的话，像 Brian Johnson 那样的项目，如果你真的希望有可能活得更久，那就必须自己动手。你的医生不会来救你，医院也不会救你。他们会在你支付了大笔费用后治愈你的疾病，但他们不会帮你预防。

就像是，你如果喜欢活着，想明天还能继续活下去，到了 80 岁时还觉得生活很有趣，那么你就得做点什么改变。如果你想要这个选择，我们就得做出改变。所以，我们会尽力而为，但我们需要大家的帮助。如果你只是想活到 80 岁然后安然离开，那也没问题；但我们是为那些想要「永远活下去」的人做的。

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Salesforce Tokenized Stock (Ondo): Revolutionising Traditional Equity Access Through Blockchain Innovation The emergence of Salesforce Tokenized Stock (CRMON) marks a pivotal advancement in integrating traditional financial markets with blockchain technology. This innovative approach offers investors unprecedented access to equity exposure through tokenisation. Developed by Ondo Finance, CRMON provides tokenholders with economic exposure equivalent to holding Salesforce stock (CRM) while automatically reinvesting dividends. This effectively bridges the gap between conventional equity markets and decentralised finance (DeFi). Introduction and Comprehensive Overview of Salesforce Tokenized Stock In recent years, the financial landscape has dramatically transformed due to blockchain technology, fundamentally altering how investors access and interact with traditional assets. 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The tokenisation process reimagines stock ownership as a blockchain-native asset while maintaining its economic equivalence with the underlying security, offering enhanced portability and integration capabilities within decentralised finance ecosystems. CRMON transcends its individual utility as an investment instrument to represent a fundamental shift in how financial markets can operate in an increasingly digital world. By maintaining full backing through U.S.-registered broker-dealers and implementing robust compliance frameworks, CRMON demonstrates that tokenised securities can achieve the regulatory standards necessary for institutional adoption while delivering the technological advantages of blockchain infrastructure. Understanding Tokenized Real-World Assets and CRMON's Strategic Position Tokenised real-world assets signify one of the most significant innovations in modern finance, fundamentally reimagining how traditional securities are represented, traded, and utilised within digital ecosystems. CRMON operates as a tokenised equity instrument correlating directly with Salesforce stock while optimising accessibility and efficiency. This aligns with Ondo Finance's broader mission to democratise access to institutional-grade financial products through innovative tokenisation strategies. The tokenisation process guarantees complete economic equivalence with the underlying Salesforce equity. Each CRMON token represents a proportional claim on Salesforce stock held by qualified custodians, with dividend payments automatically reinvested to maintain continuous exposure to total return performance. This structure simplifies dividend management and ensures that tokenholders receive the full economic benefit of their equity exposure, encompassing both capital appreciation and income generation. Ondo Finance's strategy in tokenising Salesforce stock demonstrates its expertise in creating compliant, institutional-grade products that meet traditional financial markets' stringent requirements. The platform’s focus on merging regulatory compliance with blockchain benefits positions it at the forefront of decentralised finance, captivating both institutional and retail investors seeking blockchain-native solutions. The Technology and Innovation Framework Behind CRMON The technological infrastructure supporting CRMON integrates blockchain technology with traditional financial mechanisms, delivering institutional-grade security and compliance while maintaining the operational advantages of decentralised systems. Built on the Ethereum blockchain, CRMON utilises robust smart contract capabilities to ensure transparent, secure operations. The smart contract architecture incorporates layered security and compliance mechanisms, enabling automated compliance checks and real-time asset backing verification. Integration with oracle services maintains accurate pricing and dividend information, ensuring CRMON reflects the underlying Salesforce stock's accurate performance. This architecture delivers automated dividend reinvestments and other corporate actions, eliminating manual processing requirements and directly enhancing tokenholder benefits. Ondo Finance ensures CRMON's security structure includes daily third-party verification of holdings, independent collateral agents, and a multiple-layer custody system through partnerships with established financial institutions. This framework safeguards tokenholder interests against operational risks while providing robust asset backing. The user interface enhances integration capabilities, allowing seamless interaction between CRMON and various decentralised finance protocols, as well as cryptocurrency exchanges. This interoperability enables users to leverage their tokenised equity across multiple platforms, creating sophisticated investment strategies that marry traditional equity characteristics with blockchain-native innovation. Leadership and Corporate Structure of Ondo Finance The leadership team behind CRMON and Ondo Finance blends expertise from traditional finance and blockchain technology, presenting a robust combination of skills essential for successfully bridging conventional markets with decentralised finance. Nathan Allman, the founder and CEO, emerged from a distinguished financial background before establishing Ondo Finance in 2021. Allman's experience includes notable roles at major financial institutions, including significant contributions to developing cryptocurrency market services. His insights into regulatory compliance were paramount in developing products like CRMON that successfully unify traditional securities with blockchain technology. With a team of professionals boasting substantial experience in both conventional finance and blockchain sectors, Ondo Finance's leadership comprises diverse expertise that covers every aspect of tokenised asset development. Justin Schmidt serves as President and COO, contributing unique operational expertise, while Chris Tyrell brings essential compliance knowledge. Investment Landscape and Funding History The investment landscape surrounding Ondo Finance reflects significant institutional confidence in its mission to tokenise real-world assets. The company has raised substantial funds through various investment rounds, attracting leading venture capital firms and strategic investors that recognise the transformative potential of tokenised securities like CRMON. Notably, Ondo Finance completed a successful Series A funding round in 2022, led by well-known venture capital firms. This funding success validates Ondo Finance's innovative approach to creating compliant, institutional-grade tokenised products. In total, Ondo Finance has successfully secured substantial funding, raising significant capital for product development and market expansion, including a noteworthy token sale that reinforced its governance structure through the establishment of the ONDO token. The diverse composition of investors reflects broad market confidence in Ondo Finance's business model, demonstrating support from both traditional and blockchain-native organisations. Operational Mechanics and Technical Implementation The operational framework supporting CRMON exemplifies sophisticated integration of traditional financial mechanisms with blockchain technology. The technical implementation introduces multiple layers of security, compliance, and operational efficiency to meet institutional standards while enhancing accessibility. The tokenisation process begins by acquiring actual Salesforce stock through U.S.-registered broker-dealers, ensuring each CRMON token maintains direct correlation with the underlying equity performance. Smart contracts automate operational processes, including dividend reinvestment and corporate action processing, facilitating a streamlined user experience. The Minting and redemption processes allow authorised participants to manage CRMON tokens effectively. During U.S. trading hours, institutions can mint new tokens by depositing stablecoins that are used to purchase corresponding Salesforce equity. This structure maintains a tight correlation with underlying assets, enhancing liquidity and price discovery. Additionally, the infrastructure supports twenty-four-hour token transfer capabilities, providing CRMON holders with operations outside traditional market hours. This represents a significant advantage over conventional securities ownership, thus promoting integration with decentralised finance applications. Plans for cross-chain compatibility through partnerships signal further ambitions for CRMON's market reach. By expanding to other blockchain networks, Ondo Finance aims to enhance accessibility and user engagement with tokenised equity products. Timeline and Historical Development of Tokenized Equity Innovation The timeline of CRMON's development and Ondo Finance's broader tokenised capabilities demonstrates a systematic innovation process beginning with the company's founding in 2021. 2021: Ondo Finance is founded by Nathan Allman and co-founders, launching initial products focused on structured vault offerings on the Ethereum blockchain. 2022: The company completes substantial funding rounds—both equity and token sales—totaling significant capital and launching initial tokenised U.S. Treasury products. 2023-2024: Ondo Finance experiences substantial growth, establishing partnerships with major financial institutions while expanding its product offerings beyond fixed-income securities. February 2025: Ondo Global Markets is announced, marking the transition into equity tokenisation with plans for accessing over one hundred U.S. stocks and ETFs. September 2025: The official launch of Ondo Global Markets includes CRMON alongside other tokenised equity offerings, marking a significant evolution in Ondo Finance's product ecosystem. This timeline highlights the organisation's rapid growth and its capability to adapt its technological and compliance frameworks to accommodate different asset classes effectively while maintaining security and regulatory integrity. Regulatory Framework and Compliance Approach Ondo Finance's regulatory framework showcases a sophisticated compliance strategy, essential for achieving institutional adoption in the tokenised securities market. The company's strong partnerships with U.S.-registered broker-dealers promote adherence to Securities and Exchange Commission regulations and apply robust investor protections. Acquisitions, such as Oasis Pro—a registered broker-dealer—significantly enhance Ondo Finance's compliance capabilities, ensuring thorough alignment with existing regulatory structures. The company employs independent verification procedures that foster transparency, aiming for a solid performance standards reputation. Furthermore, Ondo Finance's commitment extends to international regulatory compliance, ensuring token access remains restricted to eligible investors while adhering to pertinent cross-border securities regulations. Comprehensive attention to tax implications and reporting requirements fortifies the security and compliance landscape of CRMON, ensuring that investor obligations remain manageable. Future Prospects and Market Positioning The forward-looking landscape for CRMON and Ondo Finance illustrates substantial growth opportunities driven by institutional adoption of blockchain technology and escalating demand for efficient alternatives to conventional securities ownership. Market projections indicate the tokenised asset sector could value multiple trillion dollars by 2030. With plans to scale CRMON offerings significantly and integrate it with a dedicated blockchain infrastructure—Ondo Chain—Ondo Finance aims to elevate its institutional-grade tokenised asset operations. Additionally, the development of strategic partnerships enhances distribution capabilities while establishing the company's credibility in the financial market. Furthermore, the integration of tokenised equity with decentralised finance protocols offers new potential for innovative financial products and strategies previously impossible with traditional securities. These factors underscore CRMON's positioning to effectively capture increased market share and deliver innovative solutions for international investment exposure. Conclusion Salesforce Tokenized Stock (CRMON) symbolises a transformative development within financial markets, successfully bridging traditional equity ownership with blockchain technology to create unprecedented accessibility for global investors. Through Ondo Finance's sophisticated tokenisation framework, CRMON provides complete economic exposure to Salesforce equity performance while enhancing operational advantages that exceed traditional ownership. The launch of CRMON reflects the broader evolution of financial markets towards blockchain infrastructures that maintain regulatory compliance while delivering increased efficiency. Ondo Finance's extensive approach to regulatory adherence, institutional-grade security, and technological innovation solidifies CRMON as a model for future tokenised securities, delivering access previously unattainable in conventional brokerage structures. As the tokenised asset sector continues to develop, CRMON is well-positioned to address historical inefficiencies in capital markets while providing investors with innovative solutions for accessing traditional securities. The outlook for CRMON looks exceptionally promising, supported by ambitious expansion plans, technological innovations, and strategic partnerships, thereby representing a pioneering model of modern financial infrastructure evolving through blockchain integration.

3.4k Total ViewsPublished 2025.12.05Updated 2025.12.05

What is CRMON

What is SHOPON

Shopify Tokenized Stock (Ondo): A Comprehensive Analysis of Real-World Asset Tokenization in Web3 This article delves into the Shopify Tokenized Stock (Ondo), recognised by its ticker symbol $SHOPON, exploring its implications at the intersection of traditional finance and blockchain technology. As a part of Ondo Finance's tokenized securities platform, Shopify’s tokenized stock exemplifies advancements in democratizing access to global capital markets through innovative digital assets. Introduction and Overview of Shopify Tokenized Stock (Ondo) Shopify Tokenized Stock (Ondo), or $SHOPON, portrays a pivotal innovation in the realm of tokenized securities, allowing investors to gain economic exposure akin to directly owning shares of Shopify Inc. This token, developed under the umbrella of Ondo Finance, not only provides investors with the ability to hold digital representations of the company’s stock but also integrates features such as automatic reinvestment of dividends. This advancement represents a substantial shift in the landscape of decentralized finance (DeFi), linking conventional equity markets with blockchain solutions designed to enhance accessibility, transparency, and liquidity. By eliminating geographical barriers and enabling 24/7 trading capabilities, $SHOPON is positioned as a bridge connecting traditional financial instruments and the emerging Web3 ecosystem. What is Shopify Tokenized Stock (Ondo), $SHOPON? The $SHOPON token serves as a digital manifestation of Shopify Inc.'s shares, engineered to provide a direct correlation to the underlying asset's performance. Through the utilization of blockchain technology, the token gives holders a mechanism to participate in the economic benefits associated with equity ownership, including capital appreciation and dividend distribution. The unique aspect of $SHOPON lies in its automatic dividend reinvestment mechanism, which allows returns to compound without necessitating active management by the investor. This feature inherently enhances its attractiveness as an investment vehicle, particularly for individuals seeking passive income growth alongside exposure to high-performing equities. The tokenization process is facilitated by the custody of actual Shopify shares through regulated intermediaries, ensuring that every $SHOPON token is verifiably backed by real equity. This structure empowers investors with the dual advantages of both traditional financial characteristics and the innovative benefits tied to blockchain technology. Who is the Creator of Shopify Tokenized Stock (Ondo)? The creator of Shopify Tokenized Stock (Ondo), Nathan Allman, is an experienced figure in the finance sector, formerly associated with Goldman Sachs. His rich background includes significant expertise in digital asset development, bridging the gap between traditional finance and cryptocurrencies. Allman’s educational journey, marked by studies at Brown University, provided him with a deep understanding of economics and biology, equipping him with analytical skills that inform his strategic vision. In 2021, he founded Ondo Finance, committing to developing tokenized securities that meet institutional-grade standards while leveraging blockchain's transformative capabilities. Under Allman's leadership, Ondo Finance has focused on creating compliant and innovative financial products that empower a diverse investor base. Who are the Investors of Shopify Tokenized Stock (Ondo)? The investment landscape surrounding Shopify Tokenized Stock (Ondo) is notably robust, underpinned by significant institutional support. Primarily, Pantera Capital stands out as a strategic partner through the Ondo Catalyst initiative, a $250 million commitment aimed at accelerating the development of on-chain capital markets. This partnership not only signifies institutional confidence in the potential of tokenized assets but also reinforces Ondo Finance's operational capabilities and market positioning. The funding pathways have included earlier rounds that amassed millions in seed funding and further structural investments, solidifying relationships with both venture capital firms and private investors. Moreover, the financial framework is complemented by strategic partnerships with established financial institutions and technology companies, enhancing Ondo’s infrastructure and operational expertise. How Does Shopify Tokenized Stock (Ondo), $SHOPON Work? At the core of $SHOPON's operational framework is a sophisticated system integrating traditional finance mechanisms with blockchain technology. The custody of actual Shopify shares ensures that token holders retain authentic economic exposure, safeguarding their investments in line with recognized legal structures. The smart contracts employed in managing $SHOPON handle various functions, including automatic dividend reinvestment and ownership transfer, offering instant settlement and increased liquidity, marking a significant departure from conventional trading systems plagued by multi-day settlement delays. By providing interoperability with other decentralized finance applications, $SHOPON empowers holders with potentially lucrative opportunities for advanced investment strategies, including lending and automated market making. This complex integration presents a unique value proposition, catering to both traditional and crypto-native investors. The innovative structure of $SHOPON also allows for real-time settlements and transactions documented on the blockchain, delivering unparalleled transparency and security—a major advancement over standard equity trading practices. Timeline of Shopify Tokenized Stock (Ondo) March 2021: Nathan Allman establishes Ondo Finance, initially focusing on decentralized finance yield optimization. August 2021: Completion of a $4 million seed funding round led by Pantera Capital. January 2023: Launch of initial tokenized treasury security products, laying the groundwork for future equity tokenization. July 2025: Announcement of the Ondo Catalyst initiative, a strategic investment program valued at $250 million, aimed at propelling the development of tokenization in capital markets. September 3, 2025: Launch of Ondo Global Markets featuring over 100 tokenized U.S. stocks and ETFs, including $SHOPON. Technical Implementation and Blockchain Infrastructure Shopify Tokenized Stock (Ondo) operates on a technical architectural framework that marries blockchain protocols with traditional financial custody arrangements. The ecosystem leverages Ethereum's smart contract capabilities, providing seamless transaction management while ensuring compliance with regulatory standards through established financial custodians. Central to this architecture are security measures and transparent transaction records that affirm the legitimacy of each tokenholder's economic stake. With automated features managed by intricate smart contracts, $SHOPON not only streamlines ownership transfers but also allows for the tactical reinvestment of dividends—a hallmark of modern investment strategies. Moreover, the incorporation of LayerZero technology facilitates cross-chain interoperability, making $SHOPON accessible across multiple blockchain environments while preserving its functional robustness. This forward-thinking technical design positions $SHOPON as an adaptable asset within the larger DeFi milieu. Regulatory Framework and Compliance Architecture $SHOPON's regulatory framework is built upon the meticulous navigation of existing financial regulations that govern securities. The custody arrangements for the underlying Shopify shares are managed by U.S.-regulated broker-dealers, ensuring compliance and protection for investors. By maintaining a separation between the blockchain tokenization process and traditional custody, $SHOPON adheres to legal requirements while offering innovative functionalities that challenge conventional constraints. This dual-layered compliance approach enhances investor confidence and underscores Ondo Finance's commitment to regulatory integrity. Notably, the availability of $SHOPON is tailored to international investors from regions such as Asia-Pacific, Europe, and Africa, as regulatory parameters in the U.S. and U.K. present challenges in accessing tokenized securities. Market Access and Global Distribution Strategy The distribution strategy of $SHOPON is keenly designed to optimize global access while conforming to regulatory standards. The platform aims to establish comprehensive coverage for eligible investors across multiple regions, effectively dismantling traditional barriers through the implementation of blockchain technology. Integration with various cryptocurrency wallets and exchanges also promotes user-friendliness and accessibility, establishing a streamlined experience for investors to manage their holdings. Moreover, the 24/7 trading capabilities afforded by the tokenized model allow participants to react promptly to market shifts, fundamentally transforming how global equities are accessed and traded. Technology Integration and Cross-Chain Functionality The remarkable technological underpinnings of $SHOPON propagate its multi-chain functionality, set to expand its reach beyond Ethereum to networks such as Solana and BNB Chain. Such cross-chain capabilities allow users flexibility when navigating between blockchains, concurrently leveraging distinct network attributes to optimize their trading experience. LayerZero serves as the backbone for ensuring decentralized transfers between networks while providing the requisite security and speed, quintessential for maintaining investor trust. This comprehensive interoperability illustrates $SHOPON's commitment to being a versatile, user-centric asset in the evolving investment landscape. Ecosystem Integration and DeFi Compatibility Incorporating $SHOPON into broader DeFi protocols signifies its potential beyond traditional stock ownership. Token holders can leverage their holdings for various sophisticated strategies and applications, enhancing investment returns and liquidity management. By establishing a presence in lending protocols and automated trading systems, $SHOPON effectively democratizes access to advanced financial strategies previously limited to institutional investors. Such integration contributes to a more competitive and dynamic financial landscape, where individual investors can capitalize on tools typically reserved for larger entities. Risk Management and Security Framework Security remains paramount in the operational infrastructure of $SHOPON. The tokenization framework employs multiple layers of protection—beginning with regulated custody of the underlying Shopify shares. The operational protocols establish rigorous auditing, key management, and transaction monitoring standards, thus safeguarding against potential vulnerabilities. Moreover, meticulous adherence to evolving regulatory requirements provides an extra layer of security, fortifying investor protections and institutional compliance. Market Impact and Industry Implications The introduction of Shopify Tokenized Stock (Ondo) heralds a transformative shift in how financial markets operate, emphasizing the potential of tokenized securities to reshape traditional investment paradigms. The successful integration of $SHOPON encapsulates the efficiencies inherent in blockchain technology and opens avenues for new user demographics previously barred from extensive market participation. The impact extends beyond the immediate benefits to token holders, indicating broader trends that may challenge the status quo of investment services, particularly in addressing geographic restrictions and operational costs typically associated with traditional brokerage platforms. Undeniably, $SHOPON encapsulates the potential for traditional institutions to innovate further, leveraging the increasing demand for seamless blockchain access to complement existing financial infrastructure. Future Development Roadmap and Strategic Vision As Ondo Finance looks forward, the trajectory of $SHOPON rests on ambitious goals aimed at broadening the spectrum of available tokenized assets significantly. Over the next few years, plans are in place to expand to more than 1,000 tokenized securities, further enhancing market participation and investment options for individuals worldwide. Continued integration with traditional financial actors, development of specialized institutional products, and enhancements in automated trading capabilities will ensure that $SHOPON maintains its position at the forefront of financial innovation. Regulatory collaboration will also remain a focal point, establishing a framework that not only supports the compliance requirements but also promotes a healthy environment for tokenized asset proliferation. Conclusion and Market Significance In summary, Shopify Tokenized Stock (Ondo), represented by the ticker $SHOPON, is more than merely a tokenized equity offering; it embodies the innovation possible when traditional finance collides with modern blockchain applications. With a robust technical architecture, a commitment to compliance, and a clear strategic vision, $SHOPON exemplifies the potential for tokenized assets to enhance liquidity, accessibility, and functionality in capital markets. As the global investment landscape evolves, the transformative implications of $SHOPON extend beyond individual investors to revolutionize how financial instruments are perceived, traded, and utilized within both traditional and decentralized frameworks.

3.4k Total ViewsPublished 2025.12.05Updated 2025.12.05

What is SHOPON

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