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Paraguay Launches Tokenized Innovation Hub on Polkadot

Paraguay Launches Tokenized Innovation Hub on Polkadot

CoinspaidmediaCoinspaidmedia2025/09/02 05:40
By:Coinspaidmedia

An innovation hub located in Paraguay’s capital is launching a tokenized equity program to raise funds for the construction of a hotel, university, convention center, and data center.

Paraguay Launches Tokenized Innovation Hub on Polkadot image 0

In Asunción, the large-scale Assuncion Innovation Valley (AIV) project was launched , becoming the region’s first tokenized innovation hub. A total of 130,000 tokenized shares backed by land worth $6 million will be issued. The issuance of digital assets will be carried out by Paradata, while project management will be conducted on the Better Use Blockchain (BuB) platform, which operates within the Polkadot ecosystem via the Moonbeam protocol.

The project includes the construction of a hotel, convention center, university, and data center. Starting from the third year of operation, profits will be automatically distributed among token holders through smart contracts. The tokens will provide investors not only with a share of the profits but also with voting rights at shareholder meetings.

Token distribution will take place in stages. The next issuance is scheduled for 2028. During new issuances, existing holders will have priority buy-in rights for one hour.

The official project launch is set for Q3 2025, marking the start of blockchain operations, integration with global payment gateways, and the implementation of KYC verification systems. Work is currently underway to improve on-chain governance mechanisms and structure the next phases of token sales.

The issued tokens will comply with Paraguayan law, and the project will undergo regular independent audits. Digital assets may be locked, burned, or redistributed by court decision.

The initiative has been in development for more than two years in collaboration with the Paraguayan Blockchain Chamber. According to Polkadot representatives, the project could serve as a model for other Latin American countries, showcasing how traditional business can be combined with modern blockchain technologies.

The total volume of crypto transactions in Latin America exceeded $27 billion in 2024.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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