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Terra Ledger

terraledger / v3.2 — ready

Provenance,
natively on‑chain.

We acquire US real estate and original artwork, and issue the ownership interest in each as verifiable tokens on Tezos. A deed that used to take six weeks and four intermediaries to move now settles in about fifteen seconds — and so does a painting's chain of custody.

$182M
Gross property value tokenized
41
Properties issued as FA2 assets
2,940
Artworks minted as editions
12,600+
Holders across both programmes

01/The thesis

Land and art have the same problem. Both are worth what their record says they are.

Every county in America maintains a ledger of unique, exclusive, transferable claims on land. Every gallery maintains the same thing for a painting, in a folder. Both primitives are sound. The infrastructure — paper, plat books, an archive nobody can search — is what makes property the most illiquid major asset class on earth, and provenance the most expensive question in the art market.

01

A deed is already a token. So is a provenance record

County recorders have tracked exclusive, transferable, uniquely-identified claims on land for four hundred years. Galleries and auction houses have tracked exactly the same thing for a painting, in a folder. Both are non-fungible tokens maintained by hand. We are not inventing the primitive — we are moving it onto a ledger that settles in seconds instead of weeks.

02

Formal verification, because this is not a profile picture

A bug in a novelty-avatar contract costs an image. A bug in a contract holding title to a $4M building — or the sole record of who owns an artist's life work — costs the asset. Tezos contracts written in Michelson can be formally verified against a mathematical specification, the same discipline avionics and rail signalling use.

03

Governance without forks

Property is a thirty-year asset class and art is a three-hundred-year one. Neither can sit on a chain that might contentiously split in year four and leave two competing records of who owns what. Tezos amends itself through on-chain voting, so the ledger under our title and provenance records has one continuous history.

04

Energy cost that survives an ESG review

Institutional capital answers to mandates, and so do the museums and estates that lend to us. Tezos uses liquid proof-of-stake and settles a transaction for a small fraction of the energy a proof-of-work chain needs — which is what makes both tokenized property and a serious art programme defensible to a committee.

02/Property

Assets currently open for subscription

Each property sits in its own Delaware SPV. The token is the membership interest in that vehicle — which is what makes it enforceable in a courtroom as well as on a chain.

All properties

03/Editions

The same machinery, pointed at art

An artwork's value rests on an unbroken chain of custody, exactly as a building's does — and it is currently kept in gallery folders and the memory of people who will retire. Editions writes that record into the token, with authorship verified in the studio and a ten percent royalty enforced by the contract rather than requested in a terms page.

The art programme

04/Games division

The same settlement layer, pointed at something more playful.

Property and art each teach us something slowly: how to make an escrow strangers will trust with real money, and how to make a token whose record still means something in fifty years. Games are where we prove that machinery in public, at speed, with much lower stakes and a much faster feedback loop — even when that means shipping on a chain other than our own.

Live on Saigon testnet

Online

Rock-Paper-Scissors

A commit–reveal ladder against the contract: it cannot see your move before it commits to its own. Win rounds to climb fourteen NFT tiers, and stop whenever the next coin flip stops being worth it.

Network
Ronin · Saigon testnet
Contract
0xCa89…368d
Fairness
Commit–reveal
Entry
0.1 RON per run

05/Careers

Three seats we cannot fill from the inside

Two of them are for designers, because the art programme has outgrown the two people running it. The third is for whoever wants to own our poker project outright. All three end in a paid evaluation, and we pay for it whether or not we make an offer.

All three roles
Fine magenta and blue line-work forming a rippled wireframe field
Two seatsDesign

NFT designers, for Editions and the games estate

A senior designer to art-direct the collections we release, and a generative artist to build the systems behind the ones that are computed rather than drawn. Eighteen collections have shipped without either — consistently, but by luck rather than by system.

Playing cards from several suits scattered across a dark surface
One seatEngineering

An engineer to take our poker project and finish it

It is specified, funded and architecturally reviewed. What it does not have is an owner — our games squad is committed through Q4 to a settlement-layer migration that sits underneath every property and every edition we have issued. You would set the architecture, the schedule and the definition of done.