Why not fiat stablecoins?

Crypto was born in 2009 with the promise of decentralization from a non fiat currency, Bitcoin. However, tokenization projects have evolved with the financing of venture-capital backed crypto companies and financial firms, that have modified the initial promise, to make it more centralized and fiat dependent. Whereas we think this is a distortion from the initial principles, we find that the tools and processs developed inherit this centraliced and fiat nature and alternative approaches are miss-represented. In short there is a fiat bias in tools and processes.

Catallactic advocates for a built-in price formation as a basis to deliver true decentralization. Stablecoins are centralized because they are pegged to a fiat price formed in international markets.

Catallactic aims to define the principles, know-how, tools and processes to tokenize, fund and manage decentralized commodity based tokens and relief the issuer from the technological and operational burden.

... But no crypto use cases !!!

And that's correct. Crypto has not reached the mainstreet yet and there are not clues than could be massified anytime soon. Instead, the main focus, driven by VCs, have been quick to-the-moon. We think there are 2 gaps to enable bring crypto to the market:

* Existing cryptocurrencies make a terrible Medium of Exchange. None of them accomplish the requirements as a Medium of Exchange because they have not been designed to take the mainstream but for quick profit.

* No mainstream wallets. A wallet for the market should be an affordable HW wallet, as a garage door remote control, that can work without a PC connection and without internet. And this piece of HW does not exist yet. Wallet providers have been working in "something else".

Catallactic aims to address this lack of use cases and bring crypto to the mainstream.

... But crypto is scam !!!

A high percentage of it. Or maybe you forgot what pilot projects are. Any new technology needs a maduration period and definition of quality standards to distinguish what is legitimate from what is not. Unfortunately, there has not been much work on transparency in the crypto sphere so far. But crypto is still a necessity. We aim to provide 2 contributions to reduce this bad reputation:

* A Quality Theory of Money is needed, which includes definition of quality standards and transparency and enable tools guiding users to understand what they really have in their hands.

* Creating smart contracts is full of risks and needs a lot of resources. We think that the past experiences in failed smart contracts, either honeypots, rug pulls, hacked or just non performing, suggests that smart contract should not be created by anyone, but instead provided by specialized Tokenization Platforms under specific well defined principles.

Catallactic aims to address these reputational problems and bring crypto to the mainstream.