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Welcome to Onyx

Onyx is a protocol for tokenizing business equity. The mission is to build a more liquid marketplace for business ownership onchain and make a financial system better for all businesses worldwide.

I'm a business -- Why tokenize?​

Equity is traditionally represented by a web of legalese and paper contracts. Or sometimes only a handshake deal. Issue a token and distribute the token to stakeholders. Align stakeholders with a digital asset represents their ownership share.

With a token that represents the business new tools become available:

  • Vesting & cap table management (Magna)
  • OTC swaps to raise more money privately (Airswap)
  • Secondary sales directly to the market to raise money (Uniswap/Raydium).

It takes 2 minutes to issue a token on https://app.onyx.bond. No catches, no gotchas, the full token supply is minted directly to your treasury.

I'm an investor -- Why Onyx?​

There have been too many times where investors have been burned by rugpulls where:

  • Founders have raised money for an idea and have retired to a nice beach in the Bahamas
  • The business and the token represent two separate entities where profits go to the business and tokenholders are stuck bagholding a useless governance token.

It's about fusing business equity and token ownership under one tradeable asset. Onyx ties together ownership of a business at the multisig/treasury level via smart contract enforced governance and profit distributions.

Investing in tokens generated by the Onyx Standard guarantee a higher level of ownership over the business entity (than current tokens). And businesses launched via Onyx are subject to higher levels of transparency into business health & operations.