Onyx is helping redefine business ownership and liquidity through the tokenization of revenue-generating businesses.
For businesses that have onchain revenue and/or assets, we make it easy to issue tokens that represents rights over onchain treasury assets and/or cashflows. These liquidity-enhancing tokens can in turn be used to take out lines of credit or even perform token-based M&A.
Onyx leverages bonding curves to bootstrap initial attention and liquidity for a token. This allows us to mathematically value a business based off market demand. Upon complete bonding liquidity is permanently locked in Uniswap providing permanent liquidity for the token (i.e., business).
Onyx-issued tokens have majority rights. This means accumulating 50%+ of the supply can grant treasury takeover rights and dilution control. Additionally, any Onyx business can issue an offer to acquire another Onyx business. Upon acceptance, assets of the business will be absorbed into the other.
Because Onyx-issued tokens have weight and rights to cashflows, they can be used as collateral for onchain loans. This allows you to borrow digital dollars against your business, while also giving lenders recourse in the event of default.
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