Build Floating Infrastructure on the Blockchain.
Stead is an RWA project based in Southeast Asia. It serves as a decentralized funding platform for floating infrastructure, including fishing and transport boats, fish cages, and floating houses. Stead allows the decentralized crowdfunding of floating assets which serve to collateralize the token, providing real world returns and mitigating risk to token holders, while using the profits of those floating assets to buy back and burn outstanding tokens, leading to a net deflationary token model, all backed by profitable real world assets.
Stead will allow sometimes difficult to acquire assets to be fully funded via crowdsourcing on the blockchain, this will benefit both small businesses in the Philippines, US, and other countries. Stead tokens function as a semi-stablecoin that has yearly increasing returns through collateralization of real-world assets.