Levolution Partners With Batchr Finance To Release a New ERC Token Standard

Levolution Partners With Batchr Finance To Release a New ERC Token Standard

Levolution is partnering with Batchr Finance to introduce a new Ethereum Token Standard and asset management tool to the ecosystem. 

 

In many cases, in the crypto space as well as in real life, individuals tend to own multiple assets that hold different values. Currently, there lies an issue with combining different crypto assets; and to a greater degree combining real-world assets using blockchain technology. This makes it twice as difficult to monitor, trade, or manage different asset classes that carry differing values.

 

With this problem in mind, we have decided to partner with Batchr Finance to develop the Asset Influenced Token (AIT) standard along with the Btachr Asset Manager (BAM).

 

The Asset Influenced Token will define a new class of tokens. This new standard will combine and connect different smart contracts. The development enables a previously unavailable possibility of combining multiple assets to a higher-level token (AIT). This enables multiple assets to be reflected in the generated AIT Token.

 

AIT is intended to allow users to batch or combine assets into one token (crypto and real-world assets). With the help of the Batchr Asset Manager (BAM), developed by Levolution, users will have the ability to batch assets, manage those assets, borrow and lend against the token which represents the batched assets, and trade their token(s). 

 

Soon you will have the ability “batch” your crypto portfolio, and generate your own AITs, that represent the value of the assets inside. The AITs generated can be fractionalized and traded. The possible use cases for the AIT standard are limitless. Some asset classes that can be batched include cryptocurrencies, fiat currencies, real estate, raw materials, NFTs, and more. For example, in some NFT games, collectors have to gather several NFTs to customize their characters. In this case, these NFTs can be batched and sold as a “season pass package”. 

 

In this valiant effort to move the needle within the blockchain sector, we believe that the next step is enabling the possibility to combine multiple asset types (physical and digital) into one token that reflects its value on-chain, is tradeable, and can be fractionalized; creating a whole new standard in the blockchain world with endless possibilities.

 

To learn more about our partnership with Batchr Finance, the Asset Influenced Token standard and the Batchr Asset Manager subscribe to Batchr Finance’s newsletter and https://batchr.finance