Ramelax
WE ARE GOING TO TOKENIZE THE WORLD'S STOCK MARKETS
About
Why are you participating for Based LatAm? We would love to connect with the base/coinbase teams Additional Features Wallet whitelisting
How it's made
What challenges are you focusing on? Right now crypto investors are not very exposed to traditional finance markets How does your submission address this challenge? we come to bridge this gap by tokenizing the stock market to allow stocks to be listed in regular stock exchagnes Challenges we ran into Here's the translation: Legal: At first, the legal side of the company was underdeveloped, if not nonexistent, which was a big problem due to the nature of the project. We overcame this difficulty by partnering with Santiago Riz Rocha, our main lawyer, who has been a great help in the legal formation and guidance of the company. Despite this, we still face financial challenges in covering legal costs in Argentina and in Bermudas. Technical: The biggest technical obstacle has been implementing temporary wallets to detect deposits on the platform. We managed to solve this issue with a lot of effort and dedication. API Limitation: We are currently using the Moralis API to read users' ERC-20 balances on the network, but we are rate-limited by the API usage. This problem can be solved with additional funding, though for the MVP, it is manageable.