TL;DR
- Avalon Labs published its whitepaper for an AI-powered RWA marketplace to be launched on BNB Chain.
- The project introduces the CRT (Commercial Rights Tokenization) standard to tokenize rights for services and goods.
- The AVL token reacted with a 16% rise after the announcement, though it later retraced due to market volatility.
Avalon Labs is generating optimism in the blockchain industry following the release of its anticipated whitepaper. The document details the firm’s mission to launch the world’s first AI-powered RWA marketplace, which will operate alongside an “AI-Model-as-a-Service” (AI-MaaS) platform, merging artificial intelligence and blockchain.
This new project will debut exclusively on BNB Chain, a strategic decision that seeks to attract opportunities for both GPU hardware owners and AI model developers.
According to the announcement, the platform will be open to all of them. The initial launch will feature a Reinforcement Learning Model (RL Model) deployed by Avalon Labs in collaboration with its AI partners, using H200 GPU hardware as the technological foundation.
The project’s native token, AVL, experienced a notable rise after the news. The price soared 16%, moving from a daily low of $0.1436 to a high of $0.1668. This move was supported by a 50% increase in 24-hour trading volume, indicating strong initial trader enthusiasm.
Avalon Labs Introduces the CRT Standard
Beyond the AI-powered RWA marketplace, the whitepaper introduces the innovative CRT (Commercial Rights Tokenization) standard. This concept presents a new framework for tokenizing commercial rights linked to goods, services, and assets.
The CRT aims to isolate and tokenize access and service rights, allowing them to be legally structured, exchanged, and monetized on the blockchain in a regulated manner.
This approach could transform how companies interact with investors and raise capital. For example, a company could tokenize the rights to future services or sales and offer them to customers via on-chain contracts.
This model bridges traditional commerce with the blockchain, offering SMEs new avenues for liquidity while investors gain exposure to RWA streams.
Despite the optimism, the AVL rally was short-lived. The token later retraced to $0.1570 as the initial euphoria faded and broader bearish sentiment in the cryptocurrency market applied pressure.
Still, Avalon Labs plans to create a platform that fosters AI innovation and provides a fair environment for developers to participate in the artificial intelligence economy.
