Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: FracTools on July 31, 2024, 03:25:37 PM
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Greetings to all! What you think about RWA(real world asset) tokens? For example based on any production enterprise. I think these tokens might be the most insured in crypto sector but can RWA tokens compete against memetokens now? Cause at least memetokens ads is incredible
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RWA tokens are slowly gaining and will probably take a bit more time to reach the popularity of meme tokens (in 2 to 3 years maybe?). As of now, I can compare memes as tokens for the Gen Zs, while RWAs for the more seasoned investors. The hype for the meme will eventually go down in a year (maybe 2).
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RWA tokens are slowly gaining and will probably take a bit more time to reach the popularity of meme tokens (in 2 to 3 years maybe?). As of now, I can compare memes as tokens for the Gen Zs, while RWAs for the more seasoned investors. The hype for the meme will eventually go down in a year (maybe 2).
As the RWA token Implies, it is as the real world assets such as landed assets which takes periods of times as annuals before rentals or users can return to the Investor such is how RWA token tokens takes slow moves before profit returns but though it is assured that when you holds it so good, it will profit you for a long term goal.
As for MemeCoins, it has the potential to quick rich but also tendencies to get on hold when developers or influencers are not doing well to keep the coins trending to gain values.
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There is still the need for hype on these RWA tokens just like the memecoins, I have not see any adverts of these RWA. Which RWA tokens that you are now holding?
It may really take a long time before developers could linked the real world assets to a token project. But what I have read on some media was that BlackRock may be the first to make it happen because they are also interested in it.
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What you think about RWA(real world asset) tokens?
More and more cryptocurrencies are being adopted en masse, I only read from various references that Bitcoin used to be given for free.
Now tokens are created with backups from Real World Assets (RWA), it seems like the times are reversed.
For example based on any production enterprise. I think these tokens might be the most insured in crypto sector but can RWA tokens compete against memetokens now? Cause at least memetokens ads is incredible
It is riskier for Real World Assets (RWA) to be created to tokens with full anonymity in the cryptocurrency environment.
For example, I will give an example with land.
- Land is certainly valuable in this world.
- Even without cryptocurrency, land has always been valuable.
- So why now do valuable land want to be backed up with cryptocurrency?
Land in the real world that has a certificate is certainly legal and safe to own, if there is misuse of the land, the real evidence is in the certificate.
If land is backed up to cryptocurrency under the pretext of the Real World Assets (RWA) system, then the cryptocurrency assets are lost or hacked, then who will be responsible?
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Blockchain technology found its way to connect digital assets and the physical world: Real World Assets (RWA) tokens. (https://ekotek.vn/what-are-rwa-tokens) RWA tokens are a revolutionary concept that brings tangible, real-world assets onto the blockchain, offering a blend of stability and growth potential.
There is a strong and big potential in RWA for capital access and for investors (especially the small ones) to gain access to this option. As the name suggest, we are dealing here with real world assets and that can mean more value which can be a big contrast to what we are experiencing with memecoins right now. Sadly, people are more interested with memecoins than RWA but am hoping that slowly but surely people will realize that RWA can be a better choice as losing money here can be a lot lower than just another shitcoin. Anyway, I am looking forward to the rise of RWA in the coming years.
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Sadly, people are more interested with memecoins than RWA but am hoping that slowly but surely people will realize that RWA can be a better choice as losing money here can be a lot lower than just another shitcoin. Anyway, I am looking forward to the rise of RWA in the coming years.
What are the positive indicators for this expectation? Real estate does not gain its value as an investment, but rather a person can live in it, benefit from it, or rent it. This does not happen with RWA, as all the promises made by these tokens are investment.
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Sadly, people are more interested with memecoins than RWA but am hoping that slowly but surely people will realize that RWA can be a better choice as losing money here can be a lot lower than just another shitcoin. Anyway, I am looking forward to the rise of RWA in the coming years.
What are the positive indicators for this expectation? Real estate does not gain its value as an investment, but rather a person can live in it, benefit from it, or rent it. This does not happen with RWA, as all the promises made by these tokens are investment.
What if the rent becomes bigger? ;D
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What if the rent becomes bigger? ;D
Are you saying that RWA tokens price will increase because rent is getting more expensive? I guess that make sense but from my experience with this form of asset their price don't follow their underlying asset most of the time. Maybe the only exception is gold-backed token, but a simple token dump can easily swing those token prices because the volume is way too low as of now. Not to mention only a select people can actually redeem/convert their tokens to the underlying asset easily. I for one wouldn't bother with asset-backed tokens if I need to travel to another continent to get my 1 gram of gold. I'd stay away if I can't even do that. CMIIW.
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RWA tokens are slowly gaining and will probably take a bit more time to reach the popularity of meme tokens (in 2 to 3 years maybe?). As of now, I can compare memes as tokens for the Gen Zs, while RWAs for the more seasoned investors. The hype for the meme will eventually go down in a year (maybe 2).
trajectory of RWA (Real-World Asset) tokens compared to meme tokens. Your comparison makes sense: meme tokens often attract younger, speculative investors with high-risk tolerance and a focus on internet culture, while RWA tokens appeal to more seasoned investors seeking stable, tangible value linked to real-world assets.If you think RWA tokens will reach prominence in a few years, it aligns with the broader trend of increasing institutional and mainstream adoption of blockchain technology for more substantive financial applications.
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RWA tokens are slowly gaining and will probably take a bit more time to reach the popularity of meme tokens (in 2 to 3 years maybe?). As of now, I can compare memes as tokens for the Gen Zs, while RWAs for the more seasoned investors. The hype for the meme will eventually go down in a year (maybe 2).
trajectory of RWA (Real-World Asset) tokens compared to meme tokens. Your comparison makes sense: meme tokens often attract younger, speculative investors with high-risk tolerance and a focus on internet culture, while RWA tokens appeal to more seasoned investors seeking stable, tangible value linked to real-world assets.If you think RWA tokens will reach prominence in a few years, it aligns with the broader trend of increasing institutional and mainstream adoption of blockchain technology for more substantive financial applications.
Tokenising an existing company is like RWA afaik. Its probably what will happen in the next few more years if indeed institutions going to try to migrate stocks to crypto tokens.
RWA is not a very popular idea but we've seen enough articles about RWA which there may be more interested in developing projects in certiwin smartcontracts than we know.
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What if the rent becomes bigger? ;D
Are you saying that RWA tokens price will increase because rent is getting more expensive? I guess that make sense but from my experience with this form of asset their price don't follow their underlying asset most of the time. Maybe the only exception is gold-backed token, but a simple token dump can easily swing those token prices because the volume is way too low as of now. Not to mention only a select people can actually redeem/convert their tokens to the underlying asset easily. I for one wouldn't bother with asset-backed tokens if I need to travel to another continent to get my 1 gram of gold. I'd stay away if I can't even do that. CMIIW.
Yeah I just put a guess onto it and would love to hear some people that hold RWA's, I hear some info about them lately (projects like Stead, for example), but do think that there are other, more stable ways of going around in the market ;D
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Yeah I just put a guess onto it and would love to hear some people that hold RWA's, I hear some info about them lately (projects like Stead, for example), but do think that there are other, more stable ways of going around in the market ;D
My experience with them is not really good. Except one or two project that claims their token is 1:1 to real gold, most of them went bankrupt a few months after launch. I wouldn't be surprised if the social media push this as the new trend though, just like what happened with ICO, IEO, airdrops, etc. If you can ride the wave and exit at the right time it's definitely possible to make good profits from them. As far as I can tell, RWA tokens are still not the best bet for long-term investment in crypto.