Does anyone know about the alleged partnership between ZenGate, Cardano and Atómico 3 for lithium tokenization?

Hi everyone,

I’m reaching out to the Cardano community to ask if anyone has knowledge or official confirmation regarding a supposed partnership between ZenGate, Cardano, and a company called Atómico 3 S.A., related to the tokenization of lithium assets.

According to multiple public statements made by Atómico 3 on their Telegram channel: Telegram: View @atomico3 they claim:

  • They are migrating from Polygon to Cardano with support from ZenGate Global.
  • Their new smart contract will be deployed on Cardano and will enable algorithmic tokenization of lithium reserves.
  • They say this move will align them with international regulatory standards, including in Argentina.
  • They mention a new “AT3 Algorithmic” token will be issued on Cardano, and current holders from Polygon must migrate their tokens.
  • They are operating from this site: https://www.atomico3.io

Recently, they also published a Cardano Asset ID, claiming it represents the new token:

asset10n0du9x28k3weydqsx9204vteyzg7j09qdpq67

However, I couldn’t find any official statement from Cardano Foundation, IOHK or ZenGate about this partnership, or validation of this asset. Given the scale of the claims and the involvement of a valuable natural resource (lithium), I’m asking:

:red_question_mark: Questions:

  1. Has Cardano or ZenGate officially partnered with Atómico 3 or endorsed their project?
  2. Is ZenGate involved in any tokenization of lithium reserves on Cardano at this time?
  3. Does IOHK, Emurgo or Cardano Foundation recognize or support this project or this token?
  4. Does anyone in the community recognize or validate this asset ID?

asset10n0du9x28k3weydqsx9204vteyzg7j09qdpq67

  1. Is there any record of audit, metadata or minting details related to this asset?
  2. Are there best practices or due diligence tools in Cardano to identify potential scams or unverifiable projects?
  3. Should users be cautious when migrating tokens from Polygon to Cardano in such cases?

I’m not trying to start drama — just looking for clarity and transparency, as some users have invested in this token and are now being asked to send their assets to a Cardano address that hasn’t even been shared yet.

Thanks in advance for any insight or guidance the community can provide :folded_hands:

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There seems to be a real collaboration between “Atómico 3” and ZenGate/Palmyra:
https://xcancel.com/palmeconomy/status/1894146448784330981

Impossible to say if the Token with the given asset ID is legitimate, but they mention it on their website.

For what it’s worth, token has been minted end of February and it is a token with a minting policy just controlled by a key pair: https://adastat.net/tokens/03d14497a26f9aafdd91d6ac234bca0ab112a0d2f17a0f7ee7d662d4415433#script
(This means the owner of the private key can mint and burn at any time, policy is not locked nor bound to any smart contract functionality.)

They also had a Catalyst proposal together in the last fund, but that was not successful:

Nevertheless, I cannot possibly tell how legitimate that whole thing is. ZenGate/Palmyra is kind of well-known on Cardano, but I don’t know how well they check their “partners”.

The “Cámara Latinoamericana del Litio (Calbamerica)” of the guy who is behind Atómico 3 gives kind of strange vibes: https://www.calbamerica.org/ (I mean who posts a bad scan of the registration document on their main page to show how legitimate they are?!?)

In general, everyone and their dog is allowed to mint a token on Cardano. It’s a permissionless crypto ecosystem after all.

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Exactly, and just because a token has been minted on Cardano doesn’t automatically translate into a formal partnership with Cardano.

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