Aconomy’s Biggest Airdrop of $4000 $USDT Reward Pool is Live on Zealy.

Join Aconomy's biggest $4000 USDT airdrop on Zealy! Learn how to tokenize your real-world assets, engage in on-chain activities, and win rewards.

6 min read

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July 30, 2024

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We're excited to announce that following the successful launch of the Aconomy Open testnet, we've now initiated our biggest airdrop campaign ever on Zealy, featuring a $4000 USDT reward pool. This initiative aims to engage RWA enthusiasts globally, encouraging them to explore Aconomy, an asset tokenization platform. Anyone can participate and create asset NFTs and engage in various activities like selling, auctioning, lending, borrowing, and swapping to win rewards.

How to participate:

Join Zealy: https://zealy.io/c/aconomy/invite/WRpclq3oqwI4WYFGtG0_s

Share your Feedback: https://tinyurl.com/yc7xzmnj

Aconomy Platform: https://earlyaccess.aconomy.io/

So start participating now & win amazing Rewards in $USDT!

Aconomy Platform is live on the following Testnets:

Polygon Mumbai
Arbitrum Goerli

So now, you can choose any blockchain network you prefer while using the Aconomy platform!
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Guidelines for Asset NFT Creation on Aconomy:

Focus exclusively on creating asset NFTs for real-world assets (RWAs) such as watches, artwork, books, timepieces, and collectibles.
Upload a minimum of 2-3 images for each asset, showcasing every angle of the item.
Images must be clear and sharp; blurry representations of real-life assets are not permitted.
All asset NFTs must be verifiably backed by the corresponding RWAs.
Ensure that the content of the asset NFTs is appropriate and does not include any obscene material.
Do not use real-life images that include identifiable individuals.
Digital-only images or representations are not accepted for asset NFT creation.

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Guidelines for Completing Tasks on Zealy:

Ensure to complete all the required steps on Zealy to qualify for rewards.
When submitting a task, include a screenshot of the asset NFT that specifically displays your profile name and the specific task details.
Do not use screenshots of other users' asset NFTs; originality is mandatory.
Mint a minimum of 3-4 asset NFTs and get them validated to ensure your task is eligible for reward consideration.

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Getting Started with Aconomy

Accessing the Platform:

Visit: To start, visit https://www.aconomy.io/. Once there, you can click on the “Open marketplace” option, which will redirect you to the Aconomy marketplace.
Explore: Upon arriving at the Aconomy landing page, you'll be presented with the marketplace and Pi-NFTs on sale
Connect Wallet: Now to link your digital wallet, simply click on “connect wallet.” If you don't possess a digital wallet, you have the option to connect using your Gmail account.

Starting your journey on Aconomy isn’t that complicated like finding a pawn shop in the traditional market!

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Account Creation and Profile Setup

Setting Up YourAccount:

Registration: Proceed to create your account by providing a Display name and Username of your choice.

Profile Overview: Your profile has been successfully set up. Here, you can view all the Pi-NFTs and asset NFTs that you have created under your account.

Voila! You finally become the part of Asset Economy. Now engage, explore, and experience the power of 1:1 tokenization.

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Access Test Tokens

Obtain Test Tokens: To engage in on-chain asset transactions on Aconomy, ensure you have test tokens from Matic Mumbai or Arbitrum Goerli Testnet. Remember, if not using lazy minting, you must cover the gas fees for minting and other transactions using these test tokens.

Asset Trading: To participate in asset trading, access test tokens from the “Mint "aUSDTC" section and add them to your wallet.

You can access a sufficient amount of "aUSDTC” tokens for engaging in various on-chain transactions like buying, lending, borrowing, and bidding on Pi-NFT. You can access this token freely without needing to pay any charges.

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NOTE: If you are getting an error “insufficient balance” (while engaging in any trading process) then you are required to mint test tokens i.e., "aUSDTC" again from the same faucet to proceed with the transactions.

Note: After claiming the test tokens, you’re required to refresh the platform to confirm whether you’ve received the test tokens or not. You can check the Test Token balance in the Profile Card.

Now, you’ve got everything you want. So don’t delay, capture the shot of being a part of the Asset Economy.

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Minting and Managing Asset NFTs

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Minting Process:

Create & Mint Asset NFT: Create your asset NFT, simply click the “Create asset NFT” button at the top, fill in the details of the asset NFT, and then click on “Create”.

Create Collection: Create a personal collection by selecting “create collection” under your profile.

Note: Lazy Minting feature i.e., minting your asset NFT involves no gas fee. However, you are required to pay a certain gas fee for all other transactions using a test token which you can easily claim as mentioned above in the “Access Test Tokens” section.

With just a few simple steps, you can create your first Asset NFT on Aconomy for more to come!

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‍Utilizing the Aconomy Platform

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Validating and Managing NFTs:

Send for Validation: After minting, select verified validators from the onboarded list, click on “all” under the “select country” section, choose the specific asset type corresponding to your minted asset NFT, and then send your asset NFT validation request to a selected validator.

On-Chain Placement: Once validated, you can easily list your Pi-NFT on Aconomy Marketplace.

Note: A validator will examine the documentation and authenticate the asset NFT, transforming it into a tradable Pi-NFT.

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Selling and Auctioning

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Engaging in the Aconomy, RWA-backed Marketplace:

Selling: To sell your Pi-NFT, hit the sell button, input your desired price, and list it.

Auctioning: For auctions, select the auction option, set a starting price, and the auction's duration.

Bidding: You can track all the bids in the “Bids” section and accept bids before the auction ends.

Swapping: Activate the “Available for swap” feature to list your Pi-NFT for potential asset exchanges. You can view the swap requests and accept one that you find compelling for easy exchange.

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Who thought trading physical assets on-chain could be that seamless? Well, we thought that for you!

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Financial Transactions

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Managing Your Physical Assets

Withdrawal: To withdraw funds from the Pi-NFT, click on the withdraw button and enter the desired amount for withdrawal. Following this, you will be presented with an option to repay the withdrawn amount.

Borrowing: Borrow funds using your Pi-NFT as collateral. Customize your borrowing terms by setting the Price, APY, Duration, and Expiration. Browse through a variety of lender offers and choose the one that best suits your needs.

Well, you can’t complain that we won’t consider your financial requirements!

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Aconomy Marketplace Engagement

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Interacting with Other Users

Buying Pi-NFTs: Purchase Pi-NFTs by navigating to the “on sale Assets” section and proceeding to checkout.

Auction Bids: Place bids on auctioned Pi-NFTs via the “Auction Assets” section.

Provide Loans: Offer loans by exploring the “Lending and borrow” section, where you can evaluate and extend offers to borrowers.

Engage in numerous on-chain activities with no intermediary or third party!

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Redemption and Removal

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Finalizing Your Experience

Redeem asset NFT: Redeem your asset NFT by sending a request to the validators.

Transfer Ownership: To Transfer ownership of your Pi-NFT or asset NFT use the “transfer” option on your Pi-NFT.

NFT Removal: If necessary, “burn” your Pi-NFT to remove it from circulation or delete an unvalidated Pi-NFT using the ‘Delete’ button.

We have unfolded every aspect of Aconomy with you, now, it’s your turn to access Aconomy and leverage all it has to offer to realize your physical assets potential. Don’t forget to share your insights and feedback with us!

 
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FAQs

Answers delivered. Can't find a solution you're looking for? send us a mail over Support@aconomy.io

What is Aconomy and its Open Testnet?

Aconomy is a real-world asset-backed decentralized exchange (DEX) that focuses on democratizing on-chain asset ownership and facilitating asset tokenization. Its Open Testnet is a public platform where users can test and interact with Aconomy, create their asset NFTs, utilize on-chain trading features, and share their insights & feedback with us.

What are the opportunities Aconomy offers for businesses and investors?

Aconomy provides opportunities for businesses like art galleries or auction houses to expand into the asset tokenization space. It also allows investors to access a variety of high-value, validated assets for their portfolios, enhancing investment diversity and efficiency.

How does Aconomy ensure decentralization and autonomy in asset management?

Aconomy offers a decentralized platform where both users and asset validators have full control & autonomy. Users can effectively manage their assets on-chain, while asset validators can approve or reject validation requests leveraging your expertise and judgment.

How can users mint and trade assets on Aconomy?

Users can mint asset NFTs using the test token from Matic Mumbai or Arbitrum Testnet. Once minted, these assets can be traded in various ways, including selling, auctioning, lending, borrowing, or swapping on the Aconomy Marketplace.

How can I engage in on-chain asset trading on Aconomy?

To engage in on-chain trading on Aconomy, obtain "aUSDTC" test tokens, mint these tokens by clicking on the “Mint aUSDTC” button on the platform, and use them for various transactions like buying, lending, or bidding on Pi-NFTs. If faced with an "insufficient balance" error, remint "aUSDTC" tokens from the same source. These tokens are freely accessible and incur no charges.

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