Getting Started with Liquid
Liquid is designed to be user-friendly, even for those without technical expertise or deep crypto knowledge. This section provides a guide for everyday users, whether you are an asset owner looking to tokenize your asset or an investor interested in buying tokenized assets. We cover how to get started, how Liquid’s Tokenizer Bot and Vault work, and what benefits and costs to expect.
The MVP version of the Vault focuses on core functionality: viewing assets, transferring tokens, and interfacing with the marketplace. As we iterate:
We will refine the UI/UX to make it even more intuitive (including mobile responsiveness, as many users may want to check their asset portfolio on phone).
Add more analytics (like a portfolio overview: total portfolio value, your overall ROI, etc., especially for investors who hold multiple assets).
Introduce notifications (e.g., get an email or notification when you receive a distribution, or when an asset you tokenized receives a buy offer).
Enhance the listing process: for example, guiding asset owners through setting a price or maybe even running an auction for their tokens if they want to sell a portion.
Currently, the MVP V.01 Version is usable for testing.
Even in its early form, the Vault is a crucial part of Liquid because it bridges the gap between the blockchain and the user in a familiar way. Instead of manually interacting with token contracts or navigating block explorers, users have a one-stop application to manage everything with ease and confidence. Over time, the Vault will grow into a full-fledged command center for both asset tokenizers and investors – analogous to how online banking apps became the command center for all your financial needs. Our goal is for Liquid Vault to be the place you go to see “your assets at a glance” – whether those assets are your own tokenized properties or fractions of others’ – and to feel in control with just a few clicks.
How to Get Started:
1. Sign Up and Verification: To begin using Liquid, visit our website. As a new user, you will go through a simple onboarding process:
Provide your email (for account creation on the platform) or you can directly sign in with a Solana-compatible wallet if you have one (for an even more web3-native experience).
Complete KYC Verification. Liquid will prompt you to verify your identity (you’ll need a passport or ID and possibly a selfie video). This is powered by our integrated KYC provider (like Civic) and typically takes only a few minutes to complete. This step is required once; after approval, you’re set to tokenize assets or invest. All your data is secure and used solely for compliance checks.
2. Access the Liquid Bot: The primary way to tokenize an asset as a non-technical user is via the Liquid Tokenizer Bot – essentially your personal tokenization assistant. The bot is available on Telegram (and soon via web chat). Once you start the bot:
It introduces itself and can handle natural language questions. For example, you might type "I want to tokenize my house in New York worth $500k," and the bot will intelligently guide you from there.
Educational Guidance: The bot explains concepts as you proceed. If you’re unsure about something (e.g., "Is this a fractional ownership tokenization?"), you can ask the bot for clarification, and it will explain in simple terms. It’s like having an expert consultant available 24/7.
The Liquid Bot is powered by AI (GPT-4 under the hood), meaning it’s conversational and adaptable. It’s been described as “ChatGPT for RWA” by our team — an AI that specializes in asset tokenization.
3. Tokenize an Asset via the Bot: The process flow typically looks like this (the bot will walk you through step-by-step):
Asset Details: The bot will ask about the asset type and some key details like:
Name and description (e.g., “Beach House in LA”, “A 10% revenue share of my tech startup”).
Category (real estate, business equity, collectible, etc.).
Approximate value.
Supporting documents (secure upload for title deeds, appraisals, etc.).
Legal & Compliance Questions: Depending on your location and asset, the bot suggests legal structures (e.g., Delaware LLC for U.S. assets) and handles regulatory compliance behind the scenes.
Token Design: Decide the number of tokens, their symbol, pricing, revenue sharing setup, vesting/lock-up periods, etc. The bot will suggest defaults if you’re unsure.
Review Summary: The bot shows a complete summary of your asset setup for review and edits.
Fee Calculation & Payment: You’ll see the tokenization fee (e.g., 0.5% of asset value if paying in SOL, or discounted if paying in $LIFI ). You can approve payment through your wallet.
Token Minting: Liquid’s backend:
Generates legal documents.
Mints the SPL token on Solana.
Uploads metadata and documents to IPFS.
Token Delivery: You receive your tokens in your wallet, and any investor addresses you pre-specified get theirs too.
Completion: You’re done! Your asset is now tokenized. You can now manage it via the Liquid Vault or list it for sale.
Throughout, despite the sophisticated processes happening under the hood, the experience feels like chatting with a helpful guide. Early users report it feels faster, easier, and more transparent than traditional methods.
If at any point you need human help, Liquid also has customer support and community channels — but the goal is that the AI bot is sufficient for most users.
For Asset Investors (Buyers):
If you’re an everyday investor looking to buy tokenized assets, getting started is even simpler:
Complete KYC and set up your account.
Browse the Liquid Marketplace via the Liquid Vault web app.
Explore available tokenized assets, view their performance and documentation.
If you find something you want to invest in, connect your wallet and pay using SOL or USDC.
You receive the tokens instantly and manage your holdings inside Liquid Vault.
The platform ensures compliance automatically (showing you only assets you’re eligible to purchase based on your verification and jurisdiction).
In all, as a general user, Liquid abstracts away blockchain complexities. You don’t need to know about smart contracts, IPFS, or securities law — the platform handles it all. You just focus on your asset or investment, and Liquid does the heavy lifting, with the bot as your personal expert guide.
Last updated