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Producers

What is a Producer​

Producers are real world economic contributors, providing physical or digital assets production records to Treasurenet to be audited and recorded on-chain.

For example, a Producer can be a bulk commodity company that produces physical products; it can also be a "miner" of scarce cryptocurrency.

In fact, any real-world asset that is quantifiable by hardware and has observable market price may qualify.

Benefits of a Producer​

  • Connect real asset production to earn $REP tokens
  • Bid $REP tokens for extra block rewards
  • Use $REP as on-chain credit and more in new RWA dApps

Production Data​

Production Data refers to the output of physical or digital assets provided by the Producer.

  1. Producer provides the real output of assets
  2. Treasurenet obtains the public market price of assets produced
  3. Treasurenet modules conduct decentralized output auditing

After passing the audit, $REP will be minted corresponding to the value of assets produced.

How to be a Producer​

Treasurenet is building and is working towards a standardized process for various assets to connect to obtain anonymously audited records of RWA production.

In the meantime, please connect with Treasurenet Foundation at contact@treasurenet.org for RWA onboarding.

Pilot Producers​

Physical assets: Natural Gas & Oil​

Natural gas and oil are the initial choices for introducing the TN concept: rare assets to determine currency supply. These assets can be monitored consistently and objectively using on-site hardware in enclosed environments.

Digital assets: BTC & ETH Classic​

Bitcoin and established networks embody the concept of rare assets, digitally. TN Gateway connects to the BTC network, so producing rare digital assets would also drive the Treasurenet currency supply.