AudaCity Litepaper
Democratizing Transport Asset Ownership Through Blockchain Tokenization
There is a structural paradox at the heart of logistics in emerging markets.
On one side, millions of people and businesses rely on trucks every day to move goods, power commerce, and sustain local economies. On the other, the operators who run these trucks often small, undercapitalized entrepreneurs, lack access to affordable financing to grow their fleets.
At the same time, crypto infrastructure has matured, but most DeFi yield remains detached from real economic activity. Investors increasingly want stable, transparent, asset-backed returns that reflect real-world demand.
AudaCity sits at the intersection of these realities.
We enable people to co-own commercial trucks and earn yield generated from their real-world movement—fully on-chain.
The Market We’re Entering
Nigeria’s transport and logistics sector contributes approximately 2.4%–3.7% of GDP, with an estimated annual value of $7–11 billion. More than 90% of trucks are owned by individuals or micro-fleet operators, many of whom lack access to formal credit.
Despite this fragmentation, trucks are essential infrastructure. Over 90% of freight in Nigeria moves by road, making trucking the backbone of domestic trade.
Truck acquisition costs typically range from ₦40–80 million ($30K–$60K). Where financing exists, interest rates can reach 25–36% APR, making expansion economically unviable for most operators. The result is a system that runs below capacity despite clear demand.
In parallel, Nigeria is one of the most active crypto markets globally, with over 22 million crypto users. More than 40% of crypto inflows are stablecoins, reflecting demand for dollar-denominated value, yield, and alternatives to traditional banking.
These two forces—capital-hungry logistics and capital-rich crypto—rarely meet.
What We’re Building
AudaCity makes trucks investable.
Just as platforms like Moove unlocked vehicle access for ride-hailing drivers, AudaCity is building the financing layer for logistics operators in emerging markets.
We tokenize commercial trucks and enable investors to purchase fractional ownership through blockchain-based pool tokens. These trucks are deployed into active operations with licensed logistics partners, starting with Trucki.co, a company with over $1.8 million in recorded revenue.
As trucks generate profit, revenue is collected, converted into stablecoins, and distributed monthly to token holders. Investors earn asset-backed on-chain yield. Operators gain access to productive vehicles. The ecosystem compounds through reinvestment.
How It Works
- Each truck is legally owned by a special purpose vehicle (SPV).
- Investors purchase pool tokens that provide exposure to one or more trucks.
- Trucks are leased to verified logistics partners and deployed in real operations.
- Operational profits are converted into stablecoins and distributed monthly.
- Pool tokens are composable across DeFi and may be used for staking, collateralization, or transfer, subject to protocol support.
Projected returns vary by utilization and uptime. Current models target approximately 2.5% monthly yield, with risk mitigated through pooling across multiple trucks and operators.
Token Model
- Token standard: ERC-20
- Asset backing: SPV-owned truck pools
- Denomination: USDC
- Returns: Monthly profit distributions
- Utility: Ownership, yield, and DeFi composability
Governance and Future Utility
Governance is designed to evolve over time.
As the protocol scales, decision-making authority will gradually shift toward token holders. Governance scope may include:
- Truck pool onboarding and offboarding
- Fee structure adjustments
- Insurance and risk buffer allocation
- Protocol-level parameter changes
Over time, the $AUDA token may evolve into a governance asset for a decentralized logistics financing protocol.
Token Economics
| Component | Value |
|---|---|
| Base asset value | $425,000 |
| Insurance reserve | 5% |
| Maintenance reserve | 15% |
| Total pool value | $500,000 |
| Token supply | 500,000 |
| Token price | $1.00 |
Business Model
AudaCity earns a 15% performance fee on net profits generated by truck operations.
The protocol only earns when trucks are operational and generating revenue, aligning incentives between AudaCity, logistics partners, and investors.
Our go-to-market strategy is partner-led. We work with established logistics operators who already serve active routes and enterprise clients.
Example:
A truck generating $1,333 in monthly profit returns approximately $1,133 to the pool. AudaCity earns $200.
Why This Is Hard (and Worth Doing)
Tokenizing logistics assets is difficult because it requires solving multiple challenges simultaneously:
- Credit access for underbanked operators
- Yield that is operational, not speculative
- Transparency in historically opaque systems
Typical vehicle loan APR in Nigeria: 25–36%
Truck owners without formal credit history: 70%+
Estimated unmet logistics asset demand in West Africa: $2B+
De-Risking the Model
Real-world assets carry real-world risk. AudaCity is designed with layered risk controls:
- Operational: Diversified truck pools
- Partner: Contractual SLAs and revenue-sharing terms
- Technical: Audited smart contracts, GPS and revenue tracking, multi-signature custody
- Regulatory: SPV structures and jurisdiction-aware compliance from launch
Technology Stack
- Built on Plume Network, optimized for real-world assets
- Cross-chain compatibility via LayerZero
- Modular smart contracts for asset registry, revenue distribution, and access control
- Real-time operational data synced from partner APIs
Global Vision
Nigeria is the starting point.
Across Africa, Latin America, and Southeast Asia, logistics faces the same constraint: limited access to asset financing. AudaCity’s model is modular, replicable, and designed to integrate with local operators across jurisdictions.
This is infrastructure for financing the real economy.
The Real-World Asset Cycle
Institutional players such as BlackRock, Franklin Templeton, and JPMorgan are actively exploring tokenization. The global real-world asset market is projected to reach $10 trillion by 2030.
While many efforts focus on bonds, treasuries, and real estate, AudaCity focuses on transportation—an operational, high-demand asset class that remains underrepresented on-chain.
Roadmap
- Q1 2026: Deploy first 5 tokenized trucks
- Q2 2026: Launch DeFi integrations
- Q3 2026: Enable secondary markets
- Q4 2026: Scale into 50 trucks
- Q1 2027+: Enter new global markets; target $100M+ in tokenized assets
Let’s Build This Together
AudaCity is building an on-chain financing layer for logistics infrastructure.
Whether you are an investor, operator, protocol developer, or ecosystem partner, we invite you to participate.