1. Backed Cryptocurrency
Asset Tokenization
Backed Cryptocurrency

2. #UBL Unified Blockchain Lattice Democratize High Finance Return of
Sound Money
Release Equity

3. Democratize High Finance
Solution Goals
Release Equity
tactical and immediate function of Turbadium
House rich, cash poor
low-value, high-cost processes (escrow, title, credit checks)
Equity is locked
Return of Sound Money
Cryptocurrency volatility
Fluff Coins
Stable Store of Value
Decentralized and Community Driven
Democratize High Finance
Entrenched monopolies
Concentrations of Wealth
Unequal playing field
Abuses of public trust

4. Preparing an Asset for Tokenization
Not A Sale
Simple
Land Trust
Secured
Joint
Flexibility
Liability
(tokens not fiat)
Transferrable*
(via UBL)
Apportioned
Tokenized
Not A Valuation
Tenancy In Common

5. Tokenization Example – 20% of Private Residence
Title held in Land Trust (CA: THT)
Must surrender tokens to revoke (protects like a lien)
Tokenized % determines token issuance, each token = 0.1%
Tokens live on a TAB: Turbadium Asset Blockchain
Property is tokenized – now what?
Tokenized
Bob owns 80%
200 tokens represent 20%
Bob has all 200 tokens, so Bob still owns 100% (80% + 20%)

6. Technically a cryptocurrency Heavier chain with more data
Asset Tokens on a TAB
Closed ecosystem
Does not scale as easily
Limited liquidity
Not a truly functional cryptocurrency
Specific to an asset
Technically a cryptocurrency
Heavier chain with more data
Centralized control (owner)
Technically you could use asset tokens as a cryptocurrency, but they don’t make a very good one. Let’s look at why…

7. Cryptocurrencies In General
Uniform value, fungible
Potentially anonymous
Fast, scalable, lightweight chains
Community-driven
Distributed, public
Closed or partially open ecosystem
Excellent liquidity
Volatile: value is based on speculation of network value, difficult to quantify
Supply is ‘minted’ from thin air, but scarcity is enforced

8. Having these chains interact cross-pollinates their strengths
The Need For Cross-Chain Interaction
TAB
Crypto
Intrinsic Value
Liquidity
Stability
Fungibility
Having these chains interact cross-pollinates their strengths
Flexibility
Speed
Diversity
Scalability

9. UBL Blockchain Interaction
Governing Chain
The governing chain contains all of the rulesets & templates for the UBL as well as voting and cross-chain transaction histories
Upstream (TAB)
Downstream (Turba)
A DOWNSTREAM chain is any chain in the UBL whose holders have approved a ruleset for one or more templates
An UPSTREAM chain is any
chain in the UBL conforming
to one or more templates

10. Deposit Asset Tokens As Crypto-Monetary Supply
Governing Chain
Upstream (TAB)
Downstream (Turba)
Deposit: Token
Create: Turba
TRANSACTION
RuleSet: TAB.realestate.ca.sf
> load the logic for TAB/transaction validation
> check TAB validity against template
> execute logic
> retrieve last known fair market value in USD
> calculate approved rate
> accept token & generate turba
> place turba in depositor’s destination address
> close transaction

11. Destroy Currency To Withdraw Tokens
Governing Chain
Downstream (TAB)
Upstream (Turba)
Withdraw: Token
Destroy: Turba
TRANSACTION
RuleSet: TAB.currency.turba
> retrieve deposit history
> calculate quantity of tokens to be redeemed
> validate convertibility rights
> accept turba & execute burn (destroy currency)
> return tokens to depositor
> close transaction
(this transaction is initiated as a ‘deposit’, but it is the ruleset which executes the burn)
Any chain in the UBL can be an upstream or downstream chain! For any single transaction, it must be one or the other
The TAB is now the downstream chain in this transaction, because the transaction was initiated on another chain

12. ? Community-Driven Adaptations Governing Chain Propose (Template)
Vote (Turba)
Vote: Turba
The members of a chain vote to approve new templates or update existing ones.
1 turba = 1 vote
A new jurisdiction is now available. Does turba want to allow these new assets?

13. As Traders or Market Forces Drive Prices Out Of Balance
Market-Driven Stability: Elastic Supply
Asset Owners are incentivized to increase or decrease crypto-monetary supply
As Traders or Market Forces Drive Prices Out Of Balance
Asset Owners
Turba Holders
And Traders
Healthy System: Trading at
roughly par value ++
Buy
~ $240M USD
~ xxxx BTC
~ xxxx ETH
240,000,000 TRB
$1.03 USD
Par
Tokens
On Deposit
Turba In
Circulation --
Sell
Supply
Price
Pressure

14. Market-Driven Stability: Elastic Supply
An external macroeconomic event, such as concerns over geopolitical
instability, drive up demand for turba; this brings trading price up
Asset Owners
Turba Holders
And Traders ++
Buy
~ $240M USD
~ xxxx BTC
~ xxxx ETH
240,000,000 TRB
$1.21 USD
Par
Tokens
On Deposit
Turba In
Circulation --
Sell
Supply
Price
Pressure

15. And owner 1’s deposits are only slowing the trend
Market-Driven Stability: Elastic Supply
Seeing an opportunity to extract a premium from his tokenized asset, Owner 1
Begins depositing tokens to generate turba he/she can sell at the rising prices;
This adds selling pressure and additional supply, but the external event strengthens
And owner 1’s deposits are only slowing the trend
Asset Owners
Turba Holders
And Traders ++
Buy
~ $240M USD
~ xxxx BTC
~ xxxx ETH
240,000,000 TRB
$1.38 USD
Par
Tokens
On Deposit
Turba In
Circulation --
Sell
Supply
Price
Pressure

16. Sufficient supply & selling pressures to begin correcting the spike
Market-Driven Stability: Elastic Supply
Owners 2 and 3 were sitting on the sidelines earlier, thinking their house was
Undervalued anyway so the 20% premium was just over par to them. Now that
Prices continue to rise, they decide to jump into the game as well; This adds
Sufficient supply & selling pressures to begin correcting the spike
Asset Owners
Turba Holders
And Traders ++
Buy
~ $240M USD
~ xxxx BTC
~ xxxx ETH
240,000,000 TRB
$1.17 USD
Par
Tokens
On Deposit
Turba In
Circulation --
Sell
Supply
Price
Pressure

17. All stop depositing tokens to monitor the turba price
Market-Driven Stability: Elastic Supply
The Macroeconomic event ends or opposing one, begins; a rapid price drop occurs
As buying pressure on turba evaporates and selling pressure increases. Owners 1,2 & 3
All stop depositing tokens to monitor the turba price
Asset Owners
Turba Holders
And Traders ++
Buy
~ $240M USD
~ xxxx BTC
~ xxxx ETH
240,000,000 TRB
$1.01 USD
Par
Tokens
On Deposit
Turba In
Circulation --
Sell
Supply
Price
Pressure

18. Market-Driven Stability: Elastic Supply
Selling pressure has continued pushing down the price of turba; news cycles brought
Even More Selling pressure. Turba is now trading even below par value. Owners 1 & 2
Decide its time to start buying back their tokens to reclaim them at a discount; this
Reduces the monetary supply while adding buying pressure, compounding the effect
Asset Owners
Turba Holders
And Traders ++
Buy
~ $240M USD
~ xxxx BTC
~ xxxx ETH
240,000,000 TRB
$0.92 USD
Par
Tokens
On Deposit
Turba In
Circulation --
Sell
Supply
Price
Pressure

19. Market-Driven Stability: Elastic Supply
After a wild few weeks things have returned to normal; the asset owners were able
To realize gains while simultaneously helping stabilize the trading price of turba.
Owner 3 was a little late to the game but is still buying back tokens at less than peak
Asset Owners
Turba Holders
And Traders ++
Buy
~ $240M USD
~ xxxx BTC
~ xxxx ETH
240,000,000 TRB
$1.06 USD
Par
Tokens
On Deposit
Turba In
Circulation --
Sell
Supply
Price
Pressure

20. Additional UBL Mechanics
Shadow Tokens
Convertibility rights (lease out the rights to withdraw deposited tokens)
Income/Loss tokens (requires additional regulatory & tax law research)
Acquisition tokens (used to either buy out existing encumbrances, fund development, or fund acquisitions of new assets)
Depreciating & Compounding Tokens (via UBL rulesets)
No mining; no transaction fees; asynchronous & instant transfers on currency chains
Nested and Basket Currencies
Currencies can also be used as an upstream TAB, meaning multiple currencies can be approved to deposit into a basket with rules set by the basket holders
Convertible Chains
External Chains
Connect existing blockchains (consortium, private, public)

21. Community-Driven Currencies and applications
The UBL is a framework; tab.asset.realestate.ca.sf and currency.turba are chains Turbadium is developing in-house as a launch app; we will continue to build apps ourselves but have designed the framework to form communities which create and manage their own asset classes as well as new currencies and things we haven’t even thought of yet.
Additional Use Cases
Private Asset Exchanges (with bonus liquidity)
Create a currency chain to function as a private asset exchange; owners can add liquidity by voting to approve deposits to new or existing currency chains, provided the downstream chains also approve the template
Supply Chain Working Capital
Manufacturers can not only tokenize production assets and facilities, but even raw materials & WiP inventories; streamlined if supplier network already on consortium blockchain; eventually could use acquisition listings to lower working capital requirements even further
Public Infrastructure Projects
Customized currencies and asset indexes

22. Founders Meet The Team Scott Harms James Quadra Additional Talent
CEO
Real Estate, Technology
3 Attorneys
3 Engineering
2 Sales
1 Marketing & Research
1 CFO & Tax Specialist
1 Macroeconomics Professor (NDSU)
James Quadra
General Counsel
Legal, Compliance
Founders
Additional Talent
Andrew Gaiziunas
CTO
Technology, Monetary Policy