Transcendence

Transcendence is a blockchain-based platform for the development and management of large scale sustainable and socially valuable infrastructure projects.

Whitepaper

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What is Transcendence

Introducing Transcendence

Transcendence is a blockchain-based platform for the development and management of sustainable, renewable energy and socially valuable infrastructure projects.

Transcendence (TSD) aims to empower individuals who are interested in sustainable infrastructure development to collaborate, raise capital and deliver projects via a blockchain-based platform. It seeks to reinvent the existing infrastructure development industry that is dominated by incumbent players including investment banks, financial institutions and wholesale investors.

Our ambition is to lower the information and financial barrier so that the opportunity exists for people to build a better, more sustainable future together.

Transcendence offers a primary token (TSD Token) that enables participants on the platform to undertake asset tokenization and the delivery of long-term infrastructure projects.

To optimize the financing cycle and widen access to capital, TSD enables asset and project tokenization. Tokenized assets represent a contracting mechanism between TSD, project stakeholders and the token holders.

The TSD Token is driven by the realization of real asset backed projects, a sustainable and renewable energy focus and a view of tokenization and smart contracts delivering a highly revolutionary model to the infrastructure development space.

Transcendence is for the sustainability revolution

Inspired by the Paris Agreement, Transcendence believes in accelerating the advent of the Sustainability Revolution by combining the scale of the Industrial Revolution with the speed of the Digital Revolution. The TSD Platform represents a ‘world-first’ in democratizing the development of sustainable infrastructure, powered by the advent of blockchain technology and the ability to manage decentralized applications in a trusted environment.

TSD Platform - A System Underpinned by Confidence

Transcendence believes the level of bonding attached to a project corresponds to its rate of success. A project that receives a high amount of bonding from multiple stakeholders has a better chance of proceeding and reaching commercial operation.

Bonding is a legal mechanism commonly used in the development sector to ensure the performance of works by contractors. Bonds are typically held by the principal or investor for the duration of works and returned upon the satisfaction of the works to an agreed standard. Where the agreed standards have not been met, bonds act as recourse against the contractor for the non-performance of the contract.

A bond in the form of TSD Tokens will be escrowed for a duration that corresponds to a reasonable defects and performance liability period. A high level of bonding represents a high level of confidence in the likelihood of a project proceeding. When bonds need to be called upon by token holders of a project (usually for the non-performance of works), the corresponding TSD Tokens will be burnt, reducing the total supply of TSD tokens in circulation.

TSD Platform - Reward System

Participants will be rewarded for sharing, collaborating and advising on the development of assets. A development process which usually takes many years could be significantly accelerated if stakeholders are able to collaborate freely to reach a mutually beneficial solution.

Promoters will also be rewarded for educating and empowering disadvantaged communities or new entrants during the development of complex infrastructure projects.

Transcendence encourages and greatly supports leadership in community by acknowledging the difficulties of coordinating, inspiring and motivating citizens to participate in sustainable infrastructure projects.

Rewards will be provided by way of issuance of additional TSD Tokens to promoters, community leaders and champions on the achievement of certain milestones or upon the successful completion of a project.