$SHIP is the utility token powering Sea Verity, Ethra's verified vessel-intelligence network. A separate RWA layer connects eligible participants with vessel-backed maritime opportunities.
Ethra uses two connected layers with two clear roles: Sea Verity is the maritime intelligence network powered by its utility token, $SHIP, while the separate RWA layer gives eligible access to real maritime finance.
01 / $SHIP
$SHIP powers Sea Verity.
It coordinates data access, contributor rewards, staking, reputation, and governance around verified maritime events.
02 / RWA
Real assets stay purpose-built.
Vessel-backed opportunities maintain their own legal structure, onboarding, eligibility, terms, and risk.
03 / CONNECTION
Intelligence strengthens transparency.
Verified data and operating context make maritime asset reporting more useful and credible.
02 — MODEL
Two layers. Two clear roles.
$SHIP is Sea Verity's utility token. Maritime RWA products remain separate and provide eligibility-based exposure to real-world assets.
SEA VERITY / $SHIP TOKEN01
$SHIP powers Sea Verity
$SHIP is the utility token of Sea Verity, coordinating maritime-data access, contributor rewards, staking, reputation, and governance.
Sea Verity data access and fees
Contributor rewards
Reputation-weighted staking
Governance participation
RWA / ELIGIBLE ACCESS02
Maritime RWA Layer
Purpose-built access to vessel-backed maritime opportunities, with separate legal terms and onboarding.
Asset-backed credit structures
Exposure to real maritime activity
Eligibility-based onboarding
Transparent asset reporting
03 — MARITIME RWA
Real vessels. Real economic activity.
Ethra is preparing a dedicated path for vessel-backed opportunities connected to real maritime operations—beginning with Ethra 4.
Sea Verity uses $SHIP utility to coordinate access, contributors, staking, reputation, and governance around verified vessel intelligence.
SEA VERITY / MARITIME INTELLIGENCE / POWERED BY $SHIP
VESSEL ACTIVITY
Global proof network
LIVE SIGNALS
ACTIVE SIGNALS248
VERIFIED EVENTS1,482
NETWORK CONFIDENCE94.8%
05 — $SHIP / SEA VERITY TOKEN
$SHIP powers Sea Verity.
$SHIP is Sea Verity's utility token. It coordinates access, participation, incentives, staking, reputation, and governance across the maritime intelligence network. It is distinct from any RWA product and does not represent ownership of maritime assets.
Protocol architecture, maritime data model, contributor framework, and $SHIP utility design.
PHASE 02
Network Launch
Data contribution tools, proof validation, staking, reputation, and early Sea Verity access.
PHASE 03
RWA Pilot
Ethra 4 structuring, eligibility flows, reporting, and the first vessel-backed credit pilot.
PHASE 04
Expansion
Broader maritime opportunities, governance, partnerships, and cross-chain deployment.
07 — WHO WE ARE
Built from maritime operations and capital discipline.
Ethra combines dry-bulk shipping experience since 2021 with asset-management discipline, logistics relationships, and strategic partners across the GCC and beyond.