Unbacked launch
Token
No reserve
Nothing is held against the supply. There is no asset to reference.
Stock-backed launches
Launch a token with something underneath it.
Robinhood put equities onchain. Stockback treats those positions as the reserve behind a new token: the stock is the backing, the token is the exposure layer.
- Network
- Robinhood Chain · 4663
- Direction
- Stock position → backed token
03Issued
The tradable exposure layer.
Backed tokenERC-20
issued against
02Reserve
Holds the underlying position.
Reserve positionOnchain
composed of
01Underlying
Tokenized equity, already onchain.
- AAPLStock token
- MSFTStock token
- NVDAStock token
Most launches start from nothing.
A token normally begins with no asset behind it — its price is whatever the market decides in the absence of a reference. A stock-backed launch begins from a position that already exists onchain.
Stock-backed launch
Token
Reserve
The reserve holds an onchain equity position. The token is a simpler, tradable claim on that exposure.
One stock, or a basket.
A backed token can reference a single underlying or several. The composition is the product.
- $AI
- NVDA
- $TECH
- AAPL
- MSFT
- NVDA
- $ENERGY
- XOM
- CVX
Illustrations of the model. These are examples of how a composition is expressed, not listings.
Build one.
Define a token and the position behind it in the composer, or read how the model fits together first.