According to the statement made by the developers, a cooperation agreement was signed between an altcoin and an unexpected country.
According to a blog post published by Polkadot (DOT), Paraguay is tokenizing the Assuncion Innovation Valley (AIV) project, which is being established in the capital city of Asunción, through the Polkadot ecosystem.
The project’s tokenization will be handled by enterprise blockchain development firm Paradata and managed through a white-label platform called Better Use Blockchain (BuB), which runs on a Moonbeam roll-up on the Polkadot network.
The project, which will be built on land worth approximately $6 million, will issue a total of 130,000 share tokens. These tokens will comply with Paraguayan legislation and provide holders with both dividends and voting rights in general assembly meetings.
The development will include a hotel, convention center, university, and data center. The project is expected to automate profit generation and distribution through smart contracts starting in its third year. The use of Moonbeam and Polkadot will provide blockchain interoperability, scalable transaction capacity, shared security, and on-chain governance.
Token distribution is progressing gradually. The pre-sale and the first phase, reserved for founding partners, are complete, and the next major issuance will be scheduled for 2028. As per governance rules, existing investors will be granted one-hour priority purchasing rights during token sales. Independent audits will also be conducted, and tokens may be blocked, burned, or redistributed by court order if necessary.
The official launch will be in the third quarter of 2025. From this date onwards, operations will begin on Better Use Blockchain, Moonbeam, and Polkadot, and integration with global payment gateways and KYC verification systems will be implemented.
