The post Karpous Leverages Polygon Network, Makes RWAs Accessible To Everyone appeared first on Coinpedia Fintech News
Karpous is steaming ahead with its mission of providing easy and readily accessible RWAs. Thanks to its unique take on a token-free model, having knowledge of wallets, public keys, etc. to hold and receive RWA is a thing of the past.
Thanks to Polygon, the leading Layer-2 Ethereum network, Karpous ensures safety and security without compromising on speed and efficiency.
Web2 Ease, Web3 Trust-Free Nature
Real World Assets (RWAs) are a special class of digital assets that are bound with a physical one, sometimes called phygital. The concept is sound. Encode ownership, contract, or any other attribute of physical goods on blockchain. The token holder gains the right of ownership (or a party to a contract).
Easy ownership, but with a traction disadvantage. Cross-border regulations differ for RWAs, impacting the ownership or legality of contracts. RWAs also remain out of reach for mass adoption as they carry the complex requirement of understanding how crypto tokens work, are transferred, and held.
Karpous has put these issues to rest. While the whole marketplace operates on the Polygon network, users require no knowledge of navigating the decentralized network. Karpous offers a very intuitive Web2 interface. Users only need to create an account, seek out the investment they like, and enter a contract.
The Karpous smart contracts take care of income distribution, payments, and other transactions. This token-free model means Karpous is able to overcome the regulatory and legal barriers of RWA tokens.
Luxury Vehicles, Real Estate, And More on Polygon
Interested in having your own luxury vehicle rental service in prime global locations like Dubai but can’t be there to overlook operations? What about renting out a summer beach home in the Bahamas? It is all possible with Karpous. Users can seek out opportunities and invest, or even create options for other investors and earn passively.
But to make it all possible, the Karpous team wanted to use a blockchain that was reliable, effective, and cheap. Karpous team has integrated with Polygon blockchain to run its operation. The partnership provides several benefits. Polygon is the leading L2 blockchain network that is secure, has a high TPS, and transaction costs are almost negligible.
Karpous also takes the concept of breaking down financial barriers. Both parties teaming up means RWA interested holders can access the immense liquidity of Polygon while being at peace knowing their investments are secure through smart contracts. Underserved, but emerging markets like Southeast Asia and Africa can also access its services, and people there can stand to benefit from high-income streams previously accessible to the wealthy and the elite.
Interested in passive income or have an asset that you want to offer to others? Check out Karpous to learn more and talk to the team on X or Telegram to learn about current and future services.
About Polygon Labs
Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer. Polygon Labs has also contributed to the core development of several widely-adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development as well as Polygon CDK.
About Karpous
Karpous is a blockchain-based RWA service that is uprooting the legacy phygital world. It infuses the best of Web3 for security and transparency, but at the same time provides a token-free Web2 interface. The innovative method ensures efficiency and speed, but without sacrificing user experience. The token-free approach also helps overcome regulatory ambiguity, providing an even landscape for anyone to invest in alternate quality income sources.
