Update Brickken Project

[xaler5]

Changed category (it was RWA previously but got recently changed to service without us asking for it). Add one more audit link, more supported chains, correct typo

@realdealshaman Idk why it changed from RWA to Services. We are a tokenization protocol, so RWA is our best fit in terms of category.

[Define101]

@xaler5 hello hello, would you mind telling us a bit more about the tokens issue? What do they really represent? Also regarding the price of those assets, how is it calculated? (besides the oracle price)

[xaler5]

Hello @Define101 we already provided the TVL calculation method into the TVL description but basically:

• BKN is an utility token that is meant to be used within our protocol to run tokenizations/investments and other actions
• The tokenization protocol will issue a token (an ERC20) and an escrow for each tokenization.
• The tokens created through the protocol can then be sold through token offerings through the generated escrow defining a price in USD for each one of those.

The TVL is calculated as the sum of each issued token's total supply within our protocol, each of them multiplied by the price of their latest offering.

So let's say we have tokenized three projects, token A, token B and token C.

The TVL is TVL = (tokenA.totalSupply * tokenALatestPrice) + (tokenB.totalSupply + tokenBLatestPrice) + (tokenC.totalSupply + tokenCLatestPrice)

Where tokenXLatestPrice is the price decided by the issuer on the latest opened offering (which is the closest price to reality since it's the only public available price)

Oracles are used exclusively to conveniently let investors participate in offerings with different assets.

So if I want to participate in tokenA offering and each tokenA is sold at 10USD, I can buy it with ETH and oracles will be used to do the necessary conversion to establish how much ETH I should put in the escrow contract to buy 10USD ot tokenA.

[Define101]

@xaler5 Hello, thanks a lot for your reply
So far what did Brickken tokenize? Real Estate, equities?
Any concrete examples?

[xaler5]

@Define101
We are agnostic on the type of assets. You can check our current live tokenizations in here
https://www.brickken.com/en/live-tokenizations

But in summary, we tokenize pretty much everything.

Recently we are tokenizing equities from Hacken that wants to convert utility HAI holders into equity holders. Another example might be green energy projects, but also real estate, franchising etc... you can check our website for more use cases.

[xaler5]

@Define101 is there any blocker from merging this ?