Who it serves
Primcast has six kinds of participant. Each has a precise, limited role on-chain.
| Participant | What they do on-chain | Appointed by |
|---|---|---|
| Issuer | Creates tokens, runs offerings, distributes dividends, funds redemptions, manages holders of their own tokens | Governance (RWATokenFactory.addIssuer) |
| Investor | Subscribes, claims units or refunds, claims dividends, redeems, trades | Anyone a registrar has verified, subject to each asset's rules |
| Registrar | Records KYC, accreditation, jurisdiction and expiry; freezes and unfreezes accounts | Governance (IdentityRegistry.addRegistrar) |
| Data provider | Bonds collateral; registers devices and posts readings (Meter / Device roles) or price-style values (Oracle role) | Permissionless, bonded; governance can slash |
| Integrator | Builds DEXs, lending markets, wallets, keepers and analytics on the four systems | Permissionless |
| Governance | Appoints issuers and registrars, maintains the sanctions list and settlement-token allowlist, upgrades contracts, runs the chain | A Safe multisig |
Issuers
Energy developers, independent power producers and asset managers who want to finance or refinance a specific asset.
- You get: primary issuance with a built-in refund path, a compliant secondary market, payouts to any number of holders in one transaction and a public production record.
- You are responsible for: the legal structure linking the token to the asset (published through the token's
metadataURI), keeping the redemption pool funded, and using your administrative powers properly. These powers include pausing, freezing, forced transfers and minting, and every use of them is public. - Start with the issuer guide.
Investors
Individuals and institutions in the jurisdictions an asset is offered to.
- You get: direct on-chain ownership, dividends you claim yourself, redemption on the asset's terms and the option to trade.
- You must trust: the issuer, to operate the asset and fund payouts; governance, which can upgrade contracts; and the registrar that verified you. See Risk disclosures.
- Start with the investor guide.
Registrars
Licensed KYC/AML providers. They verify people off-chain and record only the result on-chain. The result is a set of flags, a jurisdiction code, an expiry and an optional DID. Any registrar can update or freeze any account, so governance appoints registrars carefully and removes them when needed. See Identity.
Data providers
Operators of smart meters, inverter gateways and IoT devices (Meter and Device roles), and price or reference-data publishers (Oracle role). They post a bond in the bond token, which is the first allowlisted settlement token. Governance slashes the bond for misbehaviour. See AssetHub.
Integrators
Protocol teams, wallets, custodians, keepers and analytics providers. Everything is standard EVM. The eligibility check is one call (canReceive), and every state change emits an event. See the developer guide.
Governance
The Primcast authority is a Safe multisig. It owns the rollup (through Arbitrum's UpgradeExecutor) and every application contract. Its powers are broad and immediate. They are listed in full in Trust & security.