Technical Whitepaper v1.0

FFAI EV-RWA Protocol

The World's First Electric Vehicle Real World Asset Protocol

Tokenizing $500 Million in Electric Vehicle Pre-Orders on the Blockchain

Version 1.0.0
Release Date December 2025
Status Live
$500M Asset Value Locked
10,000+ Confirmed Pre-Orders
$3.53B Total Funding Raised

Abstract

FFAI (Faraday Future AI) represents a paradigm shift in the convergence of Real World Assets (RWA) and blockchain technology. This whitepaper introduces the world's first Electric Vehicle Real World Asset (EV-RWA) Protocol, designed to tokenize $500 million in confirmed electric vehicle pre-orders from Faraday Future's flagship FX Super One model.

Unlike speculative cryptocurrency projects, FFAI is fundamentally anchored to tangible assets—each token represents a fractional ownership stake in a portfolio of verified vehicle pre-order contracts. Through an innovative deflationary mechanism where 5% of vehicle delivery revenue is allocated to token buyback and burn, FFAI creates a sustainable value appreciation model directly tied to real-world commercial success.

Backed by Nasdaq-listed Faraday Future (NASDAQ: FFIE) and supported by $3.53 billion in cumulative funding, FFAI bridges the gap between traditional automotive finance and decentralized finance (DeFi), offering investors unprecedented access to the rapidly growing electric vehicle market while leveraging the transparency, security, and efficiency of blockchain technology.

Real World Assets Electric Vehicles DeFi Tokenization Deflationary Mechanism DAO Governance

1. Introduction

1.1 The RWA Revolution

The tokenization of Real World Assets (RWA) represents one of the most significant developments in blockchain technology since the advent of smart contracts. According to Boston Consulting Group, the RWA tokenization market is projected to reach $16 trillion by 2030, growing from approximately $50 billion in 2024.

Market Opportunity

Global institutional investors including BlackRock, Goldman Sachs, and JPMorgan have committed billions to RWA infrastructure, signaling a fundamental shift in how traditional assets will be managed, traded, and valued in the coming decade.

1.2 The Electric Vehicle Imperative

The global electric vehicle market is experiencing unprecedented growth, with projections indicating a market size exceeding $1.3 trillion by 2028. However, significant barriers remain for retail investors seeking exposure to this transformative industry:

  • High capital requirements for direct vehicle investment
  • Limited access to pre-IPO and early-stage EV opportunities
  • Lack of liquidity in traditional automotive investments
  • Complex regulatory requirements for cross-border investment

1.3 FFAI: Bridging Two Worlds

FFAI emerges at the intersection of these two megatrends—RWA tokenization and electric vehicle adoption—to create a novel financial instrument that democratizes access to premium EV assets while providing the liquidity and transparency benefits of blockchain technology.

"FFAI is not speculation—it is value co-creation. We are tokenizing $500 million in EV pre-orders, enabling global investors to share in the growth dividends of the electric vehicle industry."
— YT Jia, Founder

2. Problem Statement

2.1 Challenges in Traditional Automotive Finance

The automotive industry, despite being one of the largest global sectors with over $3 trillion in annual revenue, remains largely inaccessible to retail investors seeking direct exposure to vehicle production economics.

Capital Lock-In

Traditional automotive investments require substantial capital with extended lock-up periods, limiting participation to institutional investors and high-net-worth individuals.

Illiquidity

Secondary markets for automotive assets are fragmented and illiquid, making it difficult for investors to exit positions efficiently.

Opacity

Complex corporate structures and limited transparency make it challenging to assess the true value and performance of automotive assets.

Value Capture

Retail customers who pre-order vehicles do not participate in the value appreciation of their commitment to the manufacturer.

2.2 Limitations of Existing Crypto Solutions

While blockchain technology has demonstrated its potential for asset tokenization, most existing cryptocurrency projects suffer from critical deficiencies:

Characteristic Traditional Crypto FFAI Protocol
Asset Backing Speculative / None $500M in verified pre-orders
Value Driver Market speculation Real vehicle deliveries
Corporate Backing Anonymous teams Nasdaq-listed company
Regulatory Status Often unclear BVI compliant, SEC aware
Revenue Model Token sales only Vehicle revenue sharing

3. The FFAI Solution

3.1 Protocol Overview

FFAI introduces a comprehensive solution that addresses the fundamental challenges of both traditional automotive finance and cryptocurrency markets through a novel EV-RWA (Electric Vehicle Real World Asset) Protocol.

FFAI Protocol Architecture
Asset Layer
FX Super One Pre-Orders
Vehicle Delivery Contracts
Manufacturing Rights
Tokenization Layer
SPV Asset Isolation
Smart Contract Minting
RWA Oracle Integration
Protocol Layer
$FFAI Governance Token
Staking & Rewards
Buyback & Burn
Application Layer
FFAI Treasury
DeAI Agent
DAO Governance

3.2 Core Value Propositions

01

Asset-First Approach

Unlike token-first projects, FFAI begins with verified, valuable assets: $500 million in confirmed FX Super One pre-orders, representing over 10,000 vehicles with an average transaction value of $50,000.

02

Deflationary Tokenomics

Each vehicle delivery triggers an automatic allocation of 5% of transaction value to the token buyback and burn mechanism, creating persistent deflationary pressure as the fleet grows.

03

Institutional-Grade Security

Assets are held in legally isolated Special Purpose Vehicles (SPVs) with multi-signature custody, dual smart contract audits (PeckShield + Certik), and full SEC regulatory awareness.

04

Yield Generation

Token holders earn passive income through multiple channels: staking rewards (20-50% APY), RWA revenue pool distributions, and vehicle purchase discounts up to 15%.

3.3 The Delivery-Burn Mechanism

FFAI's innovative deflationary model directly connects token value to real-world commercial success:

🚗
Vehicle Delivery

FX Super One is delivered to customer

💵
Revenue Allocation

5% of sale price allocated to protocol

🔄
Market Buyback

FFAI tokens purchased from market

🔥
Token Burn

Tokens permanently removed from supply

Economic Model
Burn Rate = (Vehicles Delivered × Average Price × 5%) / Current Token Price

With 10,000 pre-orders at $50,000 average price, full delivery would allocate $25 million to buyback and burn operations, creating significant deflationary pressure.

4. Technology Architecture

4.1 Blockchain Infrastructure

FFAI is deployed on a multi-chain architecture optimized for different operational requirements:

Polygon (Primary)

  • Main token deployment
  • Staking contracts
  • DAO governance
  • Sub-second finality

Ethereum

  • Treasury contracts
  • High-value settlements
  • Institutional integrations
  • Maximum security

BNB Smart Chain

  • Cross-chain bridge
  • DEX liquidity
  • Asian market access
  • Low-cost transactions

4.2 Smart Contract Architecture

Solidity FFAIToken.sol (Simplified)
// SPDX-License-Identifier: MIT
pragma solidity ^0.8.19;

import "@openzeppelin/contracts/token/ERC20/ERC20.sol";
import "@openzeppelin/contracts/access/AccessControl.sol";

contract FFAIToken is ERC20, AccessControl {
    bytes32 public constant BURNER_ROLE = keccak256("BURNER_ROLE");
    
    uint256 public constant INITIAL_SUPPLY = 10_000_000_000 * 10**18;
    uint256 public totalBurned;
    
    event TokensBurned(address indexed burner, uint256 amount);
    
    constructor() ERC20("FFAI Token", "FFAI") {
        _mint(msg.sender, INITIAL_SUPPLY);
        _grantRole(DEFAULT_ADMIN_ROLE, msg.sender);
    }
    
    function burn(uint256 amount) external onlyRole(BURNER_ROLE) {
        _burn(msg.sender, amount);
        totalBurned += amount;
        emit TokensBurned(msg.sender, amount);
    }
    
    function circulatingSupply() public view returns (uint256) {
        return INITIAL_SUPPLY - totalBurned;
    }
}

4.3 Oracle Integration

FFAI utilizes a hybrid oracle system to maintain accurate on-chain representation of real-world asset values:

Data Sources
  • Vehicle delivery confirmations
  • Pre-order contract status
  • Revenue recognition events
  • Market price feeds
Chainlink
FFAI Oracle
Multi-sig Verification
On-Chain Actions
  • RWA pool valuation updates
  • Buyback trigger execution
  • Reward distribution
  • Governance proposals

4.4 Security Measures

🔐
Multi-Signature Custody

4-of-7 multi-sig for treasury operations

⏱️
Timelock Contracts

48-hour delay on critical operations

🛡️
Emergency Pause

Circuit breakers for anomaly detection

📊
Real-time Monitoring

24/7 transaction surveillance

5. Tokenomics

5.1 Token Specifications

Token Name FFAI Token
Token Symbol $FFAI
Token Standard ERC-20 (Multi-chain)
Total Supply 10,000,000,000 (10 Billion)
Initial Circulation 1,500,000,000 (15%)
Decimals 18
Contract Address 0xac6c5132976ffe4a539c7daa5518dac251f4da96

5.2 Token Distribution

10B Total Supply
Liquidity & Mining 40% 4,000,000,000
Ecosystem Fund 30% 3,000,000,000
Presale & Community 15% 1,500,000,000
Team & Advisors 10% 1,000,000,000
Treasury Reserve 5% 500,000,000

5.3 Vesting Schedule

Allocation TGE Unlock Cliff Period Vesting Period Release Schedule
Seed Round 5% 3 months 18 months Linear monthly
Strategic Round 8% 2 months 12 months Linear monthly
Public Round 15% None 6 months Linear monthly
Team & Advisors 0% 12 months 36 months Linear quarterly
Ecosystem Fund 10% None 48 months Milestone-based

5.4 Token Utility

RWA Revenue Dividends

Proportional share of vehicle delivery revenue distributed to stakers

DAO Governance Voting

Participate in protocol decisions including treasury allocation

Staking Rewards

Earn 20-50% APY through flexible staking programs

Vehicle Purchase Discounts

Up to 15% discount on FX Super One purchases

Priority Access

Early access to new vehicle models and exclusive events

Burn Mechanism

5% of vehicle revenue used for buyback and permanent burn

5.5 Presale Structure

Active

Seed Round

$0.05
Allocation 500,000,000 FFAI
Hard Cap $25,000,000
Min Investment No minimum
Bonus Up to +50%
Upcoming

Strategic Round

$0.08
Allocation 375,000,000 FFAI
Hard Cap $30,000,000
Min Investment $1,000
Bonus Up to +25%
Upcoming

Public Round

$0.10
Allocation 625,000,000 FFAI
Hard Cap $62,500,000
Min Investment $100
Bonus +10%

6. Product Ecosystem

FFAI's product ecosystem is designed as an integrated suite of financial instruments and technological solutions that create a comprehensive EV-RWA value chain.

6.1 Core Products

Flagship Product

FFAI Treasury

A multi-asset reserve vault providing stable value support for the entire ecosystem. The Treasury manages diversified holdings across RWA assets, stablecoins, and yield-generating DeFi positions.

8-15% Target Annual Yield
$50M+ Initial AUM Target
4/7 Multi-sig Security
FFAI Index

Tracks the top-performing RWA and AI assets, providing diversified exposure to the intersection of real-world assets and artificial intelligence.

DeAI Agent

AI-powered trading assistant utilizing large language models for optimal trade routing, strategy recommendations, and real-time risk alerts.

$FFAIS Stablecoin

Protocol-native stablecoin backed by Treasury assets, designed for seamless transactions within the FFAI ecosystem with minimal slippage.

EAI-RWA Tokens

Revenue-sharing tokens representing fractional ownership in specific vehicle batches, enabling direct participation in delivery economics.

6.2 Technology Stack

Blockchain
Polygon Ethereum BNB Chain
Smart Contracts
Solidity OpenZeppelin Hardhat
Oracles
Chainlink Custom RWA Oracle
AI/ML
GPT-4 Integration Custom Models

7. Governance

7.1 DAO Structure

FFAI operates as a progressively decentralized autonomous organization (DAO), transitioning from foundation-led governance to full community control over a 36-month period.

Phase 1
Foundation Led

Core team maintains operational control with community input

2025 - 2026
Phase 2
Hybrid Governance

Shared decision-making between foundation and token holders

2026 - 2027
Phase 3
Full Decentralization

Complete community governance through on-chain voting

2027+

7.2 Voting Mechanism

Proposal Threshold

100,000 FFAI required to submit governance proposals

Quorum Requirement

4% of circulating supply must participate for validity

Voting Period

7-day voting window for all standard proposals

Execution Delay

48-hour timelock before proposal execution

8. Security & Compliance

8.1 Smart Contract Audits

Certik

Comprehensive smart contract security audit

Completed ✓
PeckShield

Additional security review and penetration testing

Completed ✓

8.2 Legal Structure

8.3 Risk Management

  • Multi-signature wallets for all treasury operations (4-of-7 threshold)
  • Insurance coverage through Nexus Mutual for smart contract risks
  • Real-time monitoring with automated alert systems
  • Regular third-party audits on quarterly basis
  • Bug bounty program with up to $100,000 rewards

9. Roadmap

Q4 2025

Infrastructure Foundation

  • ✅ CXC10 Nasdaq listing completed
  • ✅ Treasury multi-sig wallet deployment
  • ✅ RWA legal framework establishment
  • ✅ Smart contract development and audit
  • ✅ Strategic partnership agreements
Q1-Q2 2026

Launch & Growth Phase

  • 🔄 Three-round presale completion
  • 🔄 FFAI mainnet launch (Polygon)
  • ⏳ DEX liquidity pool activation
  • ⏳ First RWA NFT batch minting
  • ⏳ Staking platform launch
  • 🎯 Milestone: $100M market cap
Q3-Q4 2026

Scale & Expansion

  • CEX listings (Binance, OKX targets)
  • First FX Super One batch delivery
  • RWA pool expansion to $1B
  • DeAI Optimizer beta release
  • Cross-chain bridge activation
  • 🎯 Milestone: $1B market cap
2027

Global Expansion

  • Multi-chain deployment (Ethereum, BNB Chain)
  • Global micro-factory RWA integration
  • Full DAO decentralization
  • FFAI ETF development
  • 🎯 Milestone: $10B market cap
2028+

Ecosystem Maturity

  • 1 million EV tokenization target
  • $50B RWA pool objective
  • Industry standard EV-RWA protocol
  • Global automotive finance integration

10. Team & Advisors

10.1 Leadership Team

YT
YT Jia
Founder & Visionary

Founder of Faraday Future. Serial entrepreneur with vision for EV-RWA convergence.

BH
Bill Hinman
Chief Technology Officer

Former Google engineer with 10+ years of blockchain development experience.

AS
Aiden Slavin
Chief Financial Officer

Former Morgan Stanley executive with 20 years in traditional finance and DeFi.

CA
Carl Agnelli
Chief Operating Officer

Former Binance operations director specializing in exchange integrations.

10.2 Strategic Partners

11. Risk Factors

⚠️

Cryptocurrency investments carry significant risks. This section outlines key risk factors that potential investors should carefully consider before participating in the FFAI ecosystem.

Market Volatility

Cryptocurrency markets are highly volatile. Token prices can fluctuate significantly in short periods, and past performance does not guarantee future results.

Regulatory Uncertainty

The regulatory landscape for digital assets varies by jurisdiction and may change. Future regulations could impact token utility or trading availability.

Technology Risks

Smart contracts may contain bugs or vulnerabilities despite audits. Blockchain networks may experience congestion, forks, or other technical issues.

Vehicle Delivery Risk

The deflationary mechanism depends on successful vehicle deliveries. Manufacturing delays, supply chain issues, or demand changes could impact projected timelines.

Liquidity Risk

Token liquidity depends on market participation. Low trading volumes could result in difficulty executing trades at desired prices.

12. Conclusion

FFAI represents a fundamental evolution in how real-world assets interact with blockchain technology. By tokenizing $500 million in verified electric vehicle pre-orders and implementing an innovative delivery-burn mechanism, we have created a sustainable model where token value is directly correlated with real commercial success.

Unlike speculative cryptocurrency projects, FFAI is built on a foundation of tangible assets, institutional backing, and regulatory awareness. Our multi-layered security approach, progressive decentralization strategy, and comprehensive product ecosystem position FFAI as the premier EV-RWA protocol in the emerging tokenized asset landscape.

As the RWA market expands toward its projected $16 trillion valuation by 2030, FFAI offers investors unprecedented access to the intersection of electric vehicle innovation and decentralized finance—a genuine opportunity to participate in the on-chain revolution of real-world assets.

Join the EV-RWA Revolution

Participate in the seed round and become part of the FFAI ecosystem.

References

  1. Boston Consulting Group. (2024). "Tokenization: A Digital Asset Opportunity." BCG Global.
  2. World Economic Forum. (2024). "The Future of Real-World Asset Tokenization."
  3. BlackRock. (2024). "BUIDL: Building the Future of Tokenized Assets."
  4. Faraday Future Intelligent Electric Inc. SEC Filings. NASDAQ: FFIE.
  5. Chainlink. (2024). "Real World Assets and DeFi: Bridging Traditional Finance."
  6. Certik Security Audit Report. FFAI Smart Contracts. December 2025.
  7. PeckShield Security Assessment. FFAI Protocol. December 2025.
  8. International Energy Agency. (2024). "Global EV Outlook 2024."
  9. JPMorgan. (2024). "Onyx: Blockchain-Based Payment Infrastructure."
  10. Polygon Technology. (2024). "Enterprise Blockchain Solutions."