AudaCity Litepaper
Democratizing Transport Asset Ownership Through Blockchain Tokenization
There’s a glaring paradox at the heart of African logistics: on one side, millions of people and businesses rely on trucks to move goods daily. On the other hand, the people who operate these trucks, often small, undercapitalized entrepreneurs, can’t access the financing they need to grow.
Meanwhile, crypto has matured, but DeFi yield is still largely untethered to the real world. Investors are ready for stable, transparent, asset-backed returns.
AudaCity sits at the intersection of these two realities. We enable people to co-own commercial trucks and earn real yield from their movement, all onchain.
The Market We’re Entering
Nigeria’s transport and logistics sector contributes roughly 2.4%–3.7% of GDP, valued at ~$9 billion annually. Over 90% of the country’s trucks are owned by individuals or micro-fleet operators, most of whom lack access to financing.
Despite this, trucks are essential: over 90% of Nigeria’s freight moves by road (NBS).
Truck acquisition costs range from ₦40–80M ($30K–$60K), and financing is scarce or predatory, with bank rates climbing as high as 36% APR. This results in an underserved system running below capacity.
On the flip side: Nigeria is #2 globally in crypto adoption, with 22 million crypto users. More than 40% of inflows are stablecoins, as users seek yield, dollar exposure, and alternatives to traditional banking.
What We’re Building
AudaCity makes trucks investable.
Just as Moove transformed Uber’s supply-side by financing cars for drivers, we’re building the financing layer for logistics platforms in emerging markets. By enabling truck acquisition at scale, we become the engine behind delivery, freight, and fleet growth, starting in Nigeria and scaling globally.
We tokenize commercial trucks and allow investors to purchase fractional ownership via blockchain. These trucks are then deployed into active duty with licensed logistics partners, starting with Trucki.co, a company with $1.8M+ in revenue.
As trucks generate profit, monthly revenue is streamed back to token holders. Investors earn consistent onchain yield, operators gain access to vehicles, and the ecosystem compounds value.
How It Works
- Each truck is tokenized and legally wrapped in an SPV.
- Investors buy into a pool, gaining exposure to a group of trucks.
- Profits from logistics activity are converted to stablecoins and distributed monthly.
- Tokens are composable across DeFi: they can be staked, collateralized, or traded.
- Yields vary by fleet utilization and uptime, but modeled returns show ~2.5% monthly, with platform risk mitigated by pooling across multiple trucks and operators.
Token Model
- Token Type: ERC-20, tied to SPV-based truck pools
- Denominated In: USDC
- Returns: Monthly payouts from profit
- Use Cases: Composable in DeFi protocols (lending, staking, collateral)
Governance and Future Utility
As AudaCity scales, governance will gradually shift to token holders. Key decisions such as:
- Truck pool onboarding and offboarding
- Fee structure proposals
- Insurance or risk buffer allocation
- Reward program calibrations
…will move onchain. In time, $AUDA could evolve from a passive ownership token into a governing asset within a decentralized transport financing protocol.
Token Economics
| Component | Value |
|---|---|
| Base value | $300,000 |
| Insurance reserve | 5% |
| Maintenance reserve | 15% |
| Operational buffer | 10% |
| Total value | $400,000 |
| Token supply | 400,000 |
| Token price | $1.00 |
Our Business Model
AudaCity charges a 15% performance fee on net profits from truck activity. We only earn when trucks move and generate revenue, aligning incentives between us, our operators, and our investors.
Our go-to-market strategy is partner-led. We're working with established logistics platforms like Trucki, which already operate in core routes and serve large enterprise clients.
This creates a tight flywheel:
partner demand → AudaCity-financed trucks → revenue-sharing → yield for investors → more capital → more trucks
Example: A truck generating $1,333 monthly profit returns about $1,133 to the pool. AudaCity earns $200.
Insert earnings diagram: 100 trucks → $21.5K protocol revenue/month
Why It’s Hard (But Worth Doing)
If tokenized trucks were easy, they’d already exist. We’re solving three hard problems at once:
- Credit access for underbanked operators
- Yield that’s real, not speculative
- Transparency in opaque systems
Nigeria’s average bank loan APR for vehicles: 25–36%
Share of truck owners with no formal credit history: 70%+
Estimated unmet demand for logistics assets across West Africa: $2B+
De-Risking the Model
We know real-world assets come with real-world risk. That’s why we built around resilience:
- Operational: Diversified truck pools
- Partner Risk: Onchain SLAs and revenue terms
- Technical: Audited contracts, GPS & earnings tracking, multi-sig safes
- Regulatory: SPV wrappers, local + offshore compliance from Day 1
Tech Stack
- Built on Plume Network, optimized for RWA
- Cross-chain compatible via LayerZero
- Modular smart contracts: asset registry, yield splitting, wallet whitelisting
- Real-time revenue sync from partner APIs
Insert diagram: Smart contract architecture — Asset Layer / Distribution Layer / Governance Layer
Global Vision
We’re only starting in Nigeria.
Across Latin America, Southeast Asia, and other parts of Africa, logistics suffers from the same bottleneck: asset financing. Our model is replicable, modular, and cross-chain compatible—designed to plug into any market where trucks move goods but capital is scarce.
It’s infrastructure for financing the real economy. And it’s part of something bigger.
The Real-World Asset Supercycle
BlackRock. Franklin Templeton. JPMorgan. They've all entered the tokenization race. The RWA market is projected to reach $10 trillion by 2030 (Boston Consulting Group).
While most players focus on bonds, treasuries, and real estate, we’re focused on trucks — the overlooked, high-yield, operational workhorses of emerging markets.
As institutional interest moves onchain, AudaCity becomes the high-yield frontier of tokenized infrastructure.
Insert map graphic: Highlighting growth potential across Africa, LATAM, SE Asia
Roadmap
- Q3 2025: Tokenize & deploy first 10 trucks (Trucki)
- Q4 2025: Launch DeFi integrations, scale to 50+ trucks
- 2026: Enable secondary markets, expand across West Africa
- 2027+: U.S. entry, build toward $100M tokenized logistics pool
Insert milestone timeline
Let’s Build This Together
We’re assembling a new onchain infrastructure layer—where asset-backed yield thrives.
Whether you’re an investor, validator, protocol dev, or operator—we want to hear from you.