ONINO 2024 Half Year Recap

As Larry Fink said in an interview in 2023, tokenization will be “the next generation for markets”.

The increasing signs of the biggest players in finance looking towards blockchain as an alternative to existing financial standards have definitely not gone unnoticed. At ONINO we are excited and you could say bullish about the future of tokenization enabled through our technology.

But before we get into this, let’s have a look on what ONINO has achieved so far:

Successful Releases of 2023

At the end of last year we have successfully launched the testnet of our EVM-compatible Main-Chain client and since then nearly 160,000 contracts have been deployed. The release of our testnet was also accompanied by the initial release of the ONINO Developer Platform, a tool for cloud-based smart contract development using our AI assistants to automatically create smart contracts for different use cases.

Another major release in 2023 was the PoC of the ONINO Tokenization Platform, the ONINO Incubator. With the ONINO Incubator we help companies to issue und distribute utility tokens, followed by great success and a huge demand. This has marked the first step towards establishing ONINO as a big player in the tokenization industry.

How so? Let’s cover this in the next section about the recent developments in 2024.

What happened so far in 2024?

This year has been filled with exciting events, partnerships and developments for all of the ONINO team. At the forefront were many events such as being an official sponsor for the Paris Blockchain Week, where we were able to establish multiple valuable connections and partnerships - some of which are yet to be revealed.

Another major announcement was the official partnership with the german bank Volksbank eG to strengthen ONINO’s position towards traditional financial service providers and the whole customer base of Volksbank. Additionally our partnerships with RWAinc, Google Cloud for startups, Chainge, nuco.cloud and many more underscore our commitment in building towards a decentralized future.

But all these partnerships would be nothing without a basis that can be leveraged to scale our ecosystem. In 2024 we made major advancements in the 3 core offerings of ONINO.

The ONINO Blockchain Framework

Our Testnet was a success. It proved the reliability of our node client software and showed us where we need to improve to accomodate the next wave of blockchain adoption. We have been in close contact with our auditing partners to achieve the level of security needed for our protocol to offer institutional-grade infrastructure. Additionally we conducted the first Sub-Chain tests on our staging environment and also on the public testnet. Our current focus is on implementing protocol-level changes to enhance Sub-Chain comaptibility and interoperability. More details can be seen in our recently published roadmap refresh.

The ONINO Developer Platform

In July we have successfully released a major update to the ONINO Developer Platform which was the biggest update to date. So far everything is running smooth as butter and we are seeing a week over week growth of 8% in all metrics for the developer platform. This cements our goal to make development of blockchain based solutions easy and convenient. Our AI assistants have improved so much that anyone can implement smart contracts at ease.

Going forward, the Developer Platform will be the core anchor and onboarding tool to accelerate adoption of our network and blockchain in general. Solving the complexity associated with blockchain development and cutting development costs by up to 90%, the ONINO Developer Platform is ready to welcome all developers around the world to the ONINO Ecosystem.

The ONINO Tokenization Platform

Now we get to the part where the initial quote from Larry Fink shows it’s relevance. At ONINO we see tokenization as one of, if not the most important use case for blockchain technology going forward.

This is something we have felt everyday when talking to partners, existing clients and potential clients.

Everyone is bullish on tokenization. Everyone wants to implement tokenization. But almost no one knows how to do so efficiently.

At ONINO we have set our goal on eliminating the complexity, know-how and cost issues associated with tokenization. Enabling asset tokenization at the click of a button. How? Let us explain:The ONINO Tokenization Platform has been constantly improved to a point where it can be used as a fully white-label framework to create, raise, issue and distribute tokenized assets of all kinds.

Just recently we made major developments towards issuing fully MiCA regulated digital securities on our own blockchain. A huge milestone towards tokenizing existing financial markets.

With a combined tokenized capitalization of $50 million supported through our framework we are now ready to take the next step towards revolutionizing existing private markets and intangible assets.

What is next for the ONINO Ecosystem?

We have been asked a lot about how the Developer Platform, the Tokenization Platform and the Blockchain Framework play together. These individuals offerings might seem disconnected right now but soon the compounding effort of working on three fronts at the same time will come into full effect. With the launch of the ONINO Main-Chain ahead towards the end of 2024 the synergies of all three product offerings will be allowed to shine.

ONINOs Ecosystem offers the perfect starting point for any builder or enterprise that wants to venture out into blockchain.

You want to issue fully regulated tokenized bonds or securities?

Our Tokenization Platform has got you covered.

You want to quickly build a PoC for your supply chain solution?

Our Developer Platform will do the work for you.

You want to bring your PoC to production in a low-cost and fast environment?

The ONINO Main-Chain is the perfect spot for your solution.

You want to build an sensitive use cases without any headache?

Just deploy an ONINO Sub-Chain and build in a private environment that is as safe as any public chain.

You get the drill - our multiple products create synergies that amplify each ones growth individually. Excellence takes time, but we are up for the task and are looking to unleash to combined powers of the ONINO Ecosystem in 2024 and beyond.

We are grateful for everyone of our community members, critical supporters and ambassadors who support us everyday throughout our journey. The ONINO team can’t wait to change how finance is done today and bring tokenization to a new level. Just like Shopify did it with e-commerce, we will enable tokenization en-masse and do our part in onboarding the next billion users to blockchain.

Your ONINO Team