Real-World Asset (RWA) Marketplace

This project demonstrates a blockchain-based platform for tokenizing real-world assets (RWAs), enabling fractional ownership, governance, and marketplace functionalities. Designed for Ethereum-compatible chains, the platform provides transparency, security, and decentralization to manage RWAs efficiently.

Features and Components

File Structure

├── src/contracts
│   ├── AssetListing.sol      // Core contract for asset management and listing
│   ├── Governance.sol        // Governance system for proposals and voting
│   ├── Marketplace.sol       // Marketplace for bidding and direct asset sales
│   ├── PropertyNFT.sol       // ERC-721 implementation for asset tokenization
└── test
│   ├── AssetListing.t.sol    // Tests for AssetListing contract
│   ├── Governance.t.sol      // Tests for Governance contract
│   ├── Marketplace.t.sol     // Tests for Marketplace contract
│   └── PropertyNFT.t.sol     // Tests for PropertyNFT contract
├── README.md                 // Project documentation (this file)
├── foundry.toml              // Foundry configuration file
└── scripts
    └── deploy.s.sol          // Deployment script for contracts

Concept

Real-World Asset (RWA) tokenization bridges the gap between physical and digital assets by creating tokenized representations of tangible assets such as real estate, art, and commodities. This platform includes:

• Fractional Ownership: Enables users to own shares of tokenized assets.
• Governance: Allows owners to create and vote on proposals for asset actions.
• Marketplace: Facilitates buying, selling, and bidding for asset shares.

Components

1. PropertyNFT

• Represents tokenized real-world assets as ERC-721 NFTs.
• Stores metadata such as valuation and ownership details.

2. AssetListing

• Manages fractional ownership of PropertyNFTs.
• Allows listing assets for sale and distributing funds among fractional owners.

3. Marketplace

• Enables users to bid for fractional shares or purchase outright.
• Implements first-come-first-serve mechanisms for resolving bid conflicts.

4. Governance

• Facilitates proposal creation and voting.
• Manages quorum requirements, vote thresholds, and proposal execution.

Workflow

1. Asset Listing:

   • A property owner requests the listing of their real-world asset by minting a PropertyNFT.
   • Asset is tokenized into fractional ownership shares.

2. Marketplace Bidding:

   • Users bid on fractional shares, adhering to the minimum price set by the owner.
   • After the bidding deadline, the highest bidder is awarded the shares.

3. Governance Proposals:

   • Owners propose actions (e.g., asset sale) and specify a sale price.
   • Other owners vote; based on the outcome, the action is executed.

4. Execution:

   • Approved proposals trigger corresponding actions (e.g., selling the asset or distributing proceeds).

Testing Workflow

• A detailed test suite demonstrates:
  • Asset listing and ownership validation.
  • Partial purchases of shares until fully subscribed.
  • Proposal creation, voting, and execution.
  • Edge cases, such as unauthorized votes or invalid actions.

Getting Started

Prerequisites

• Node.js and npm
• Foundry (for Solidity testing)
• Hardhat or Truffle (optional, for deployment)

Installation

1. Clone the repository:

   git clone https://github.com/0zkillua/RWA_V2.git
   cd RWA_V2

2. Install dependencies:

   forge build
   

Foundry Tests

Run the tests to validate the complete workflow:

forge test

Tests cover:

• Asset listing and fractionalization.
• Marketplace bidding and conflict resolution.
• Governance proposal creation and voting.
• Edge cases (e.g., unauthorized votes).

Future Enhancements

• Audit: Review Design choices, Security of codebase.
• KYC Integration: Add identity verification for participants.
• Quadratic Voting: Ensure fair representation in governance.
• Cross-Chain Compatibility: Expand to other EVM-compatible chains.
• Liquidity Pools: Enable share trading on decentralized exchanges.

License

This project is licensed under the MIT License.

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