In this April issue of The Otonomist, we talk about programmable private company shares as the true killer app for RWA, give our European frens a recap on MiCA, check in with our dev desk, and announce our Third Tuesday IRL initiative.
Happy Spring/Fall depending on what hemisphere you're in!
Han, Founder & CEO, Otonomos
FEATURE POST
We were promised RWA and all we got was this lousy memecoin
Many bytes have been spilled on Real World Asset tokenization however, RWA seems to always be just around the corner.
Stablecoins are arguably a vertical within RWA and may point the way, though many are not "DeFi" as they are issued on private chains.
Our thesis is that RWA won't happen until we figure out how to tokenize company shares, as most real world assets are held in legal containers, not directly.
In this post, we discuss why you don't have to be a BlackRock to tokenize shares in your own company, how to go about it, and why you should do it.
GUEST POST
MiCA Fundamentals: A Guide
Our guest author this month, Rachael Muldoon, Partner, Charles Russell Speechlys, offers a guide to the EU's Markets in Crypto-Assets (MiCA) regs, a regulatory framework introduced by the European Union (EU) to govern the crypto-asset market in Europe.
MiCA was heralded to provide legal certainty for businesses, attract investment, and enhance the EU’s competitiveness in the global crypto market. However, it also imposes compliance burdens on smaller firms and may push innovation outside the EU.
MiCA is relevant to anybody who wants to build onchain from Europe or offer regulated services in the EU.
> Read the full post to learn how to navigate MiCA.
FROM THE OTONOMOS DEV DESK
Continued development of our specialized AI
March has been a great month for the Otonomos dev team with a number of meaningful updates and some ground work that will allow us to launch amazing features in the near future.
In March, we pushed the following new features:
- Further development of our Corporate AI Agent
- A status tracker for new orders in dashboard
- Efficiency improvements in the database to allow for faster entity creation
Corporate AI Agent
Otonomos is fast becoming an AI driven corporate service provider with the test launch of our Corporate AI Agent scheduled for April.
Your AI Corporate Agent will help you guide towards the best entity type for your use case.
Instead of having to wait for a call or an overnight email response, simply answer some initial questions to get instant guidance from our trained AI specialist on possible setups for your use case, and proceed to order online when ready.
Track the status of your incorporation in realtime
To register a new entity we are required to complete a number of steps.
To give you a better understanding of where you are in the creation process, simply login to your Otonomos dashboard to see a "status card" for your entity.
Efficiency improvements
We are always doing work under the hood as well.
One of this month's improvements is how we create entities. Rather than creating a new entity manually, we are able to generate an entity through our system with all submitted information. This means faster turn around times!
Looking ahead: An army of AI at your fingertips
April will see the test launch of our AI Corporate Agent.
In a first rollout, in addition to ever cleverer guidance on where to incorporate, your AI Corporate Agent will be able to assist with questions about your current entity and answer questions about entity your maintenance requirements if you already have an entity with Otonomos.
In the near future, we will be rolling out additional features which will gradually let you instruct your AI Corporate Agent the same way you'd instruct a human corporate secretarial aide, for everything from preparing a document for filing to get resolutions drafted and sent out for signing.
The end state is a full corporate services Model Context Protocol (MCP): an open standard designed to connect your AI Corporate Agents with multiple internal and external data systems, including content repositories, business tools, and development environments, with the goal to enhance the relevance and accuracy of our Agents' AI-generated responses, so users can do everything in relation to the companies they formed with Otonomos without ever having to leave their dashboard.
> Join our official Otonomos Telegram channel today to get updates and chat to users and our wider community.
UNCHAINED
Introducing "Third Tuesdays": An IRL meet hosted by Otonomos, soon in a city near you!
Otonomos is kicking off its first "Third Tuesday" with a meet in London on 20 May.
Hosted in cities around the world on the third Tuesday of each month, our early evening get-togethers (we start at 5pm local so you can still make it for dinner somewhere else) are kept super informal, with drinks on us.
Come for the conversation, stay for the community: No agenda, no presentations—just authentic connections with fellow doers, investors and other members of the broader Otonomos family to swap intel and build bonds.
> Unchain from your desk on 20 May and rediscover how that one key IRL convo saves you hours of reading up online!
