/biz/ - Business & Finance

>>55878410
wtf is RWA?

you mean tokenized assets?

>>55878410
I'm so ready for right wing armies

>>55878413
holy shit this is a moment, people actually don't know.

>>55878427
>>55878410
Nothing you can invest in to profit off them

>>55878410
>>55878413
>>55878423
Riggers With Attitude

https://coinmarketcap.com/view/real-world-assets/
https://coinmarketcap.com/view/tokenized-stock/
Is it this sort of thing we are talking about? can someone share a little insight? not like you got anything better to do on a Friday (I know, I checked the catalog).

>>55878534
Closest thing you can get exposure to this on is Cypherium, Chainlink, and Everest ID

imagine being so retarded that you think something called a REAL WORLD ASSET exists on a blockchain

>>55878534
you'll have to wait a bit, the op usually waits until the thread has gained some traction / flies under the radar of the jannies before he switches ids to shill his scam in an embarrassing and unorganic way

>>55878410
because it doesnt pump the price of the underlying blockchain. you can have DLTs with no tokens and $trillions worth of RWA on them

>>55878534
abrdn uses hedera

>>55878534
>>55878549
there you go

>>55878549

>>55878534
>https://coinmarketcap.com/view/tokenized-stock/
>Tesla tokenized stock
>Facebook tokenized stock

Yeah I'm pretty sure those are 100% illegal and borderline security fraud lmao

>>55878586
>https://coinmarketcap.com/view/tokenized-stock/
i'm not here to shill any particular shitcoin. Whatever shitcoins that guy posted i do not endorse. It just seems like there's something about the "RWA" concept. No one is talking about it.

>>55878410
DeFi-wise, you're still early for XOR and Sora Card, it touched floor and it will have a massive pump as soon as it launches

>>55878618
I could definitely see how tokenized stocks could become a thing.
Imagine a company similar in construct to stable coins, that issues tokenized stocks that are 1:1 backed by real stocks.
You could trade these stocks outside the opening hours of the stockmarket, these instances where something happens in the weekend, or news surface when the market is closed, and then on opening it drops or spike like there is no tomorrow.
Surely it would have value to be able to trade these stocks 24/7?
I'm not that familiar with the after-hours market that currently exist, what kind of derivates it is, the volume is always low so it doesn't seems like a lot of people have faith in that market.

here is a blockchain you never heard about that has $9B in TVL. that value doesnt make their token valuable though.
https://explorer.provenance.io/

>>55878410
GNS has been offering stocks for quite a while. how is this special again? its just a subset of defi

These twitter tards can pretend that they know what will be the next trend in crypto for twitter engagement, but the truth is EVERY SINGLE TIME the actual next trend in crypto comes out of nowhere and surprises 99.9999% of people in the market.
The only thing you should do is to be able to switch your biases fast and accept things as they come. When you notice a trend, get in on it, simple as.

>>55878895
go ahead, show me the stocks on GNS. That's right, they don't have any. Maybe you should ask the founder to mint some more tokens, seems to be something they're pretty good at? Also, who said we're only talking about stocks?

>>55878410
RWA is a topic being discussed by various projects such as MNI Corp, Landshare, and Rio. I also noticed this in Brillion's partner, AllianceBlock. This seems to be the next big narrative.

>RWAs
as if 20,000 centralized alts wasn't good enough, now you can give other random people money and ask them to pretty please not run off with all the assets themselves

if your blockchain and token can't exist in its own world securely and profitably it has a value of zero

because its illegal and will get shut down.
does nobody remember DMM?

>>55878413
Lighters, tampons, vodka, ammo, etc

>>55878915
the guy has canto in his name
if he was early to anything he wouldn't have to be coping with late adopter chains

>>55878410
Because memefi is the next vertical. Memes x defi.

There's a PEPE/ETH farm launching this evening if you can find it.

>>55878571
That's where QANX comes in, an L1 quantum resistant blockchain that's launching its private blockchain soon ticks all your boxes. Dive in asap.

>>55879063
PNDC?

>>55879168
Idk about the coin itself but who cares you can farm it for free and their liquidity is locked.

>>55878410
because it's broing as af famsquad. real world asset tokenization is just there to make my car title and house deed digital versions of themselves and store them somewhere, as compared to now where it's just stored on my local state's systems. the industry of proving ownership of property isn't that lucrative

>>55879182
Actually token itself is at $80k mcap so maybe worth a punt also? They seem to be launching a lot more to give the token utilty.

https://medium.com/@frensfarm/unveiling-the-heart-of-frensfarm-how-apu-cultivates-a-thriving-crypto-ecosystem-f3a0030f4566

>>55879063
I've not gotten over the gaming excitement Galactic war offers yet, normies will now be richer in GLW since it's been listed on MEXC.

>>55878599
Well then? What is it?

Stfu plebs, let me accumulate cfg

>>55879032
This, rwa are scam

>>55878410
Ok biz, I'll give you a primer on RWAs.

RWA stands for Real World Assets, which can range from basic stuff like dollars in a bank account (think of stuff like USDC) to stuff like "used cars on the blockchain" (yes, this was actually a thing at one point, it was called DMG).

There are a lot of things like real estate too, certain types of loans to businesses, that people tokenize and you can hold it.

Pretty recently there was a protocol called Goldfinch, which is in the business of loaning money to real world businesses at interest rates so people can earn with their stablecoins. (Recently they gave a loan to a business in Kenya that rented out motorcycles and the business defaulted LOL, yes I am not making this up.)

https://thedefiant.io/goldfinch-writes-down-failed-usd5m-loan-to-kenyan-taxi-financier


The other thing that RWAs do is they can put simple assets like dollars in bank accounts or T-Bills on chain. Which allows you to earn yield or hold dollars. These are much safer than loaning to real businesses in shit hole countries.

Basically I wouldn't want to be involved with most RWAs unless you can ensure they are in a somewhat compliant country that isn't a shit hole.

Some of the protocols that have RWA exposure that is worth betting on:

MakerDAO
Centrifuge

Realistically everything else that is an RWA protocol first carries a lot of risks. There are others that aren't quite as risky, but they aren't really RWA they just have a bit of exposure to it.

>>55878410
RWA - a job, career, wife, kids, dog, house, 2 cars?

>RWA
>>55877782
Everest is tokenizing stocks this year.

>>55878879
>Imagine a company similar in construct to stable coins, that issues tokenized stocks that are 1:1 backed by real stocks.
are you subtly shilling everest?

>>55879548
I said it first here>>55878549
dont let this guy stela my thunder

tangible.store

I have faith what they've been building for. I also took significant position on their liquidity hub pearl.exchange. High risk, high reward play.

LCX and Monty are tokenizing real world assets, I think he is making a NFT showcase of diamonds that can be exchanged for the real asset and vice versa.

>>55879572
keep your thunder buddy

OP here. You have convinced me that RWAs are complete shit. However, PulseChain has wBTC on it, and it's about to peg with wBTC on Eth. Currently it's 45$ on PulseChain. If it pegs with wBTC on eth, it means it will 500x from here.

https://dexscreener.com/pulsechain/0x46e27ea3a035ffc9e6d6d56702ce3d208ff1e58c

>>55878513
cuck the police

>>55878410
Stobox STBU

>>55878410
Fuck RWA the real kicker is:
>think icy piss is a joke
>holding played out jeet bags with tech you can't use or hardly understand
>you're literally missing the most obvious win in crypto since the rise of ETH
biz frens I thought we were all the smart type of autistic not the drooling kind. what went wrong?

>I get my insider info from twitter NFT mETH heads
Crypto has been a disaster for humanity

>>55879548
Tons of protocols have already tokenized stocks. It isn't that hard to do. These protocols have realized though that there is virtually no demand for this product in crypto as is, it gets very low volume, and it paints a target on your back for the SEC.

There are a lot of tokenized commodities though in crypto too, not high demand but they don't make you run all the regulatory risks.

>>55879931
>it paints a target on your back for the SEC
gee and I wonder what the difference between everest and all of those other protocols could be

>>55879764
Channers are gonna snooze on this just like RIO and QANX, only to catch a heavy case of FOMO once these moonshots to 10x their current price.

One of the shittiest possible narratives, not only have all the coins that have already tried this shit failed but stuff with a tangible value probably wont go very high
Some retard will spend 500k on a monkey pic cause its on the blockchain, your shitty piece of land or kilo of copper wont magickly x20

>>55878410
>Americans weren't permitted to do icos and yes all worthwhile icos were kyc'ed.
>Defi LPs didn't make anyone much money.
>NFTs are just tax evasion products and nobody is making gains off them, simply hiding money.
>Tokenized RWAs are already owned by boomers, you can't be "early" to that.

They were called color coins as early as 2009. This is not new -- sage

>>55878549
>>55879548
Hello everchads

>>55881070

for you bois

>>55878410
All the pump and dumpers done with Canto now huh

>>55878573
you sound like an experienced professional shill. the jannies should start with a range ban of your mobile networks entire IP range

>>55878410
How to invest in RWAs. Hbar???

>>55878410
>Real world assets
You mean like a fucking house? Precious metals? Surely the irony can’t be lost on everyone here

>>55879389
You just made that up

>>55878599
Haha nice bait

>>55882299
Nvrmind just did my own research. Seems like MakerDao, Polkadot and Polymesh and Centrifuge. Both Centrifuge and Polymesh are being made on Polkadot so just investing in Polkadot probably the safest bet

bitch I got dat curio

What are real world assets in crypto? I don't understand

>>55878534
Sounds like some bucket shop nonsense

for retards, yes this is a chainlink shill thread
makerdao etc are testing

>>55882808
read
https://blog.chain.link/tokenized-real-world-assets/
stablecoins are rwas

>>55878410
I was early to ICOs
I was early to DeFi
I played around with NFTs when they were new, but didn't make much money on them (never invested much)
I might be early to RWAs, tell me what to buy

>>55882808
they don't exist yet basically but they are real things represented on blockchains by nfts

>>55882917
You can invest in a supercar on the blockchain right now!

>>55882917
stablecoins are rwas and are fungible

>>55878410
>Defi
Anon when it comes to Defi you can't be too early as it keeps getting better with the likes of ETH, GMX, LIDO and SYLO

>>55879043
>tampons
just long all the useless stuff women buy, they will keep buying it always

>>55878410
Retarded Wank Americans

>>55878410
Because it's a meme narrative/utility and crypto's last cope to try and appear relevant on the economics side of things when it's ultimately yet another speculative derivative of finance and will fall victim to the same pitfalls tradFi went through.

Good thread.

>>55878410
We are. Thats why we bought Avax and Chainlink. Your deeds to your house are going to be tokenized on an Avax enabled blockchain or subnet one day.

>>55878879
>You could trade these stocks outside the opening hours of the stockmarket,
this is already possible without tokenization

>>55882917
So we're gonna die first before it becomes something of value. Got it.

>>55878410
imma so early

wBTC about to reach parity on Pulsechain!

>>55878413
I don't know wtf is that but I know GLW, it's becoming the next biggest a top priority in the gaming world.

>>55883093
You'd be much happier being participating in ongoing AstraDAO ambassador program, being another mind-blowing pathway to discover and enhance your earnings.

>>55884502
Based. Can't wait to embark on an incredible adventure through a variety of war game modes across different universes: Practice Mode, Battle Royale, Ranked Matches, and Endurance Challenge while earning in GLW.

>>55882868
>I played around with NFTs when they were new, but didn't make much money on them
Dive in on Galactic war games, its metaverse with VR/AR technology and E-sports FPS Game is a top notch.

>>55878413
That's a pajeet's asset, meanwhile I'm taking part in the ongoing good yields on Astradao and iToken of their index. Get onboard anon.

>>55882917
>nfts
Why not GLW when it is elevating gaming by smoothly blending NFTs, blockchain, the Metaverse, and Play-to-Earn characteristics.

>>55884376
They will certainly expect one nft in the wreckage

>>55878410
Crypto payment is the new niche and I'm not sleeping on it. CYMi is the real deal for now.

>>55878410
The alpha has already been given.

If you're not retarded, you'll buy the infrastructure projects that power tokenization. What you need is regulatory compliant ones that have government licenses.

Basically like investing in Coinbase instead of picking and choosing alt coins 5+ years ago.

Best play IMO is Chintai Network, launching in a few months. Token called CHEX - hidden gem.

>>55878895
GMX/GNS/etc... Aren't offering stocks, just synthetics, you don't actually own the asset (or a fraction of it), you own a contract about a bet that says "I bet X stock will go up and if it does you pay me, if it doesn't I pay you".

>>55879024
The legal system and regulations are lagging but it's definitely the future. Real estate is textbook completely illiquid.

Let's imagine that instead of buying a flat to become a landlord you could just buy a token representing 0.1% of a real estate DAO owning 10 000 of them. The moment you need the money you can just liquidate a part of your holdings in a few clicks instead of having to bother with putting the whole thing on the market, finding buyers, dealing with the tenant, notary, etc...

Not even talking about the economy of scale when it comes to insurance fees, maintenance, etc... It's like a condominium but on steroids.

>>55878618
Arent these just cfds?

>>55878410
can we just make a DAO that can be used to have CT influencers minecrafted?

>>55878410
When it comes to based narratives its always about being early anon. I see DePINs as another sector that chads are sleeping on which would melt faces in the next cycle.

I know of one product that is legal, which RWA's can be invested and issued. Pssssst its license was issued in Singapore.

>>55886372
i didnt read the thread, this cunt posted it.

>>55886372
Regulatory compliance is a meme. Everest for example always bragged about how much credentials/licensing they have gotten and that coin is the biggest jeet rug ever shilled here.

I think the play is the be indirectly invested by investing in platforms that will enable RWAs like Chainlink, MakerDao, Polkadot

Or invest in the current biggest RWA projects which would be Polymesh and Centrifuge

>>55878410
I got my real world assets right here, yup