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ABOUT.md

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About bcked

Mission

Support the movement towards asset-backed cryptocurrencies and tokenized real world assets (RWAs) by providing the definite information source on backing.

Motivation

How do you protect your hard earned money during a recession? What if fiat is inflating? What if the stock market is crashing? What if the housing bubble could burst at any time? What if your favorite crypto project is just hype without anything backing it up?

In the wake of the 2022 recession, I asked myself these questions. For me, some form of diversification into different asset classes seemed sensible. Also cryptocurrencies which are backed by another asset looked very interesting to me. Or even better, a cryptocurrency backed by other assets of different asset classes. While researching this topic, I quickly noticed the lack of information on backed cryptocurrencies. This is why I created this open-source project which seeks to build up a knowledge base and a community around the topic of cryptocurrency backing.

If you have any questions, want to contribute or any other request, feel free to write on GitHub or by email [email protected].