LAB / FROM IDEAS TO UNDERSTANDING
Take an idea.
See how it works.
Explore mechanisms through interaction. All values are editable assumptions, not live quotes or product promises.
EXPERIMENT / 01
The full cost of a payment
Compare two hypothetical routes, including fees and time spent in transit.
ILLUSTRATIVE COMPARISON
Route A total—
Route B total—
ABSOLUTE COST DIFFERENCE—
Method and limitations
Total = amount × percentage fee + fixed fee + amount × annual capital cost × days ÷ 365. Neither route represents a particular bank, stablecoin or provider. Spreads, taxes and exception costs not entered here are excluded.
EXPERIMENT / 02
Follow a token back to its claim
Select a layer to see why tokenisation is more than a single step.
Asset
What exists, and how is it valued and held?
Claim
What does the token represent, and who owes the obligation?
Operations
Who manages cash flow, accounting, custody and distributions?
Transfer
Who can participate, transfer or exit?