Novastro_xyz has big ambitions; its goal is to become a leader in the RWA field.
To attract everyone, it launched a large-scale reward pool on the Kaito platform, with a total supply of 0.75% of the $NOVAS token airdropped to Yappers and KAITO stakers, plus a monthly reward of $30,000 in USDC.
It was recently updated again, and the top 20 on the Yapper leaderboard can allocate 7,500 USDC.
- Novastro_xyz primarily focuses on bringing real-world assets (RWA) into the digital world. Simply put, RWA refers to traditional assets like houses, stocks, bonds, etc., and Novastro uses tokenization technology to turn these assets into digital tokens on the blockchain, making transactions and management more convenient, efficient, and secure.
-It not only offers a native stablecoin $RUSD but also launched turnkey tokenization services and AI-driven financial tools, aiming to allow ordinary people to easily participate in the wave of asset digitization.
-On January 9, 2025, Novastro announced the completion of a $1.2 million seed funding round, led by the well-known institution Woodstock, with follow-on investments from notable groups like Faculty Group, Double Peak Group, Cogitent, X21, and Sam Tapaliya. This funding will help Novastro accelerate its technology development and market promotion.
-Moreover, it has joined the Movement Labs Move Collective accelerator, becoming one of the first projects built on the Movement Network, showcasing its ambition and strength!
-During the Testnet V1 testing phase, Novastro attracted 400,000 users, processed over 2 million transactions, and its total locked value (TVL) exceeded $25 million. These numbers are not just empty claims; they demonstrate its popularity and potential among users.
-As a Layer 2 blockchain, Novastro combines MoveVM and EigenLayer AVS technologies, providing Ethereum-level security while significantly reducing transaction costs. It supports both Move and Solidity smart contracts, showcasing strong technical capabilities.
-The heart of Novastro is $RUSD, which seamlessly supports asset tokenization, trading, and yield generation. If you want to turn a house into a token for trading, Novastro provides a full suite of compliance services to help you get there in one go.
-What's even more impressive is that it plans to launch its own token $NOVAS in the second quarter of 2025, with features like staking, blockchain explorer, cross-chain swaps, and even AI-driven binary options, offering a dazzling variety of gameplay.
-In 2025, Novastro will not stop at the testnet; Testnet Phase II is about to launch, and the mainnet is also being prepared. Recently, it partnered with Lumishare_Lumi to explore renewable energy tokenization, demonstrating its ambition in green finance. A new version of the white paper has also been released, outlining its technical blueprint and vision in detail.
-In summary, Novastro is built by an experienced team with the goal of becoming the top player in RWA tokenization. It has solid technology and is closely aligned with user needs, making its future development promising.
