# Watchtower > Facilitating Capital for Space Infrastructure Watchtower enables on-chain private credit for space infrastructure projects through tokenized hardware lending markets. Watchtower is an on-chain private credit platform for space infrastructure companies. Users can lend capital to revenue-generating space projects, borrow against tokenized hardware assets, or underwrite loans. The platform includes the Watchtower Stack with a stablecoin, oracle, and DePIN components for the space economy. - Type: Project - Sector: Finance - Status: Announced - Founded: 2021-11-01 - Profile: https://thegrid.id/profiles/watchtower ## Products - [Watchtower](https://thegrid.id/profiles/watchtower): Watchtower is an on-chain private credit platform that enables space infrastructure companies to borrow capital by tokenizing hardware collateral, while allowing lenders to earn yield and underwriters to participate in risk assessment through algorithmic auctions. (Decentralised Borrowing & Lending, In Development, Main Product) ## Assets - [1AUD (1AUD)](https://thegrid.id/profiles/watchtower): 1AUD is an Australian dollar-pegged stablecoin issued by Watchtower. It is used for minting, redemption, and as collateral within lending markets where space infrastructure companies borrow against tokenized hardware. The stablecoin is backed by strategy vaults, allowing it to maintain its peg while supporting on-chain private credit operations in the space economy. (Stablecoin) ## Links - [Main](https://watchtower.world) - [Documentation](https://watchtower.gitbook.io/welcome) - [Twitter / X](https://x.com/watchtower150) - [Twitter / X](https://x.com/metasolis_) - [LinkedIn](https://www.linkedin.com/company/metasolis) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP