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/biz/ - Business & Finance


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File: 152 KB, 1147x1164, trillions.jpg [View same] [iqdb] [saucenao] [google]
56342072 No.56342072 [Reply] [Original]

Ethereum and Crypto in general are tiny compared to the Avalanche that is coming.
Tokenization of Real World Assets is the next big thing.
That's somewhere between 16 trillion to 68 trillion that is about to enter the Market in the next 7 years.
(In total we are talking about 800 trillion dollar real-world assets ready to be tokenized.)
for comparison, the current crypto market cap is 0.14% and the current TVL across all chains right now is 0.00481% of the 800 trillion RWA market.
>But why Avalanche?
currently, you have to pay about 1.5 Million dollars minimum and waste 12 Months to deploy a custom Blockchain Solution, and that's just the barebones stuff.
technically it's a massive pain in the ass and requires you to hire all kinds of highly specialized autists to make it "maybe" work.
so the entry barrier for Blockchains is high but Avalanche Subnets and Services like Ava Cloud completely change that game, with Ava Cloud anyone can nocode deploy a custom Blockchain VM in less than a minute all hooked up to every Chainlink oracle service that exists for a tiny fraction of these original costs.
Avalanche also happens to be the only network that can do this, and it's the only one that has the fastest time to finality and the only one that scales.
AVAX is also hardcapped and deflationary and literally everyone who has RWA to tokenize will stake AVAX directly or indirectly in some way.
AVAX (and LINK) will be on every balance sheet in the world and act as the backbone of the entire world economy.
If AVAX reaches a price of $3,000 per token the market capitalization would be 2.16 trillion USD, thats 3.18% of 68 trillion and 13.5% of the 16 trillion in the "highly conservative forecast".
>thats only 0.27% of 800 trillion.

>> No.56342103
File: 66 KB, 763x1200, 1697050601007.jpg [View same] [iqdb] [saucenao] [google]
56342103

>>56342072
>Tokenization
Meme buzzword. "Durr I put da deed to my house on da blockchain now AVAX will pump".
Not happening. By the way it's called Avalanche because it dumps.

>> No.56342108

nigga just cut your loses and buy link. avax is done

>> No.56342126
File: 34 KB, 680x672, e82.jpg [View same] [iqdb] [saucenao] [google]
56342126

>>56342103
>Tokenization
>Meme buzzword
This should be enough to tell you the absolute state of /biz/

>> No.56342137

Tokenization will be huge but it’ll never come to avalanche. Lmao. How many double spends to date? 7? Kek. Dead chain

>> No.56342159

>>56342126
Go suck off Gary Vaynersneed lmao, tokenization is a stupid concept (databases already exist retard) and thinking that anyone would put their assets on a double spending roachchain is even more embarrassing.

>> No.56342176
File: 219 KB, 1068x1287, 1677798173799507.jpg [View same] [iqdb] [saucenao] [google]
56342176

>>56342072
Here's your tokenization redpill

>> No.56342183 [DELETED] 
File: 216 KB, 1076x1264, M.jpg [View same] [iqdb] [saucenao] [google]
56342183

>> No.56342212

avax shill thread trying to piggy back links success

>> No.56342260

>>56342212
tripfag attention whore trying to piggy back off of assblaster's success

>> No.56342268
File: 51 KB, 546x383, poomar double spend.png [View same] [iqdb] [saucenao] [google]
56342268

>>56342137
>>56342159
Avalanche FUD is always the lamest for some reason
>muh double spend
you stupid currynigger institutioins don't care about that, they only care that they can build their own subnet in under 2 minutes with AvaCloud without a single line of code (picrel), essentially being the easiest on-ramp to crypto's best tech available. Only fuddies and jeets cling to 20iq fud like that.
Next thing you're gonna say will be equally retarded, I bet it'll be
>'muhhh InflAtiOnN'
kys, also enjoy these (you)s, not giving any more after this
>>56342176
>>56342183
>>56342212
>poomar larping as a marine pt. 2913
it doesn't rly get any better
AVAX FUD is truly the absolute worst you even posted the exact same picture twice, get at least some organization on that telegram group.
Cope seethe & dilate eternally faggot.

>> No.56342269

>>56342260
eat shit popo is based

>> No.56342310

>>56342269
fuck that anon bro let's head on back to twitter! whos with me?!

>> No.56342336
File: 82 KB, 726x825, benefits.jpg [View same] [iqdb] [saucenao] [google]
56342336

>>56342103
>Meme buzzword
cope

Source:
https://www.forbes.com/sites/davidbirch/2023/03/01/larry-fink-says-tokens-are-the-next-generation-for-markets/
https://www.coindesk.com/business/2023/04/27/tokenization-is-the-killer-app-for-tradfi-jpmorgan/
https://cryptonews.com/news/bank-of-america-forecasts-transformative-role-of-tokenization-finance.htm
https://www.forbes.com/sites/emilymason/2021/06/21/morgan-stanley-co-leads-48-million-investment-to-bring-blockchain-to-capital-markets/
https://www.weforum.org/events/world-economic-forum-annual-meeting-2023/sessions/tokenized-economies-coming-alive
https://www2.deloitte.com/content/dam/Deloitte/nl/Documents/risk/deloitte-nl-risk-tokenization-paper-final.pdf
https://www.ey.com/en_us/webcasts/2023/03/how-tokenization-will-transform-financial-services
https://www.pwchk.com/en/press-room/press-releases/pr-050723.html
https://www.prnewswire.com/news-releases/kpmg-study-finds-digital-tokens-are-transforming-the-way-consumers-interact-with-each-other-and-businesses-300925211.html
https://fintechmagazine.com/company-reports/how-fidelity-brings-digital-assets-to-institutional-clients

>> No.56342347 [DELETED] 
File: 86 KB, 537x381, Poomar Triple Post.png [View same] [iqdb] [saucenao] [google]
56342347

>>56342268

>> No.56342353
File: 1.28 MB, 1280x720, Avacloud.webm [View same] [iqdb] [saucenao] [google]
56342353

>>56342268
here's picrel on how fast is to set up a subnet on Avalanche. Lost my train of thought watching Poomar posting the exact same pic twice kek
Institutions already know this, and they're already catching up fairly quickly, hence when Avalanche's ecosystem gets properly priced in it's completely over if you didn't manage to get a decent stack already.
You're braindead if you fail to see this, but it wouldn't be surprising considering the amount of pajeetery and newfags on /biz/ these days.

>> No.56342361

>>56342310
Based idea fren I just logged on now ahhh I fucking love Twitter

>> No.56342363
File: 57 KB, 1185x191, Bank of America.jpg [View same] [iqdb] [saucenao] [google]
56342363

https://dailycoin.com/bank-of-america-avalanche-future-of-tokenization/

>The Bank of America recently released a report on the future of a token economy.
>In its report, the Bank of America expects most tokens to fade away except for some major networks.
>The financial giant recognized Avalanche for its TradFi-friendly approach, heralding it as the future of tokenization.

>> No.56342371
File: 196 KB, 849x795, fuddies eternally btfo'd.jpg [View same] [iqdb] [saucenao] [google]
56342371

>>56342347
HE DELETED IT BAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAH

>> No.56342374
File: 78 KB, 1280x720, 1697052228846.jpg [View same] [iqdb] [saucenao] [google]
56342374

>>56342353
Wow, it's crazy how easy it is to light your money on fire with AVAX!

>> No.56342853
File: 100 KB, 1305x659, ex6t.jpg [View same] [iqdb] [saucenao] [google]
56342853

bump

>> No.56342874

>>56342853
These banks are going to build on whatever Permissioned DLT platform of their choice..bring on trillions of value to their permissioned chain... And in the end when they wanna talk to each other... You call the man in the blue flannel...then Chainlink connects them(private to private)...and in the end inevitably connects them to you(private to public) in one big ball of seamless interoperability.. and all that value will flow to the token.
This is how we win.

>> No.56342896
File: 410 KB, 1493x1549, ANZ and Ava Labs.jpg [View same] [iqdb] [saucenao] [google]
56342896

>>56342874
>These banks are going to build on whatever Permissioned DLT platform of their choice
Avalanche Subnets mostly. See ANZ for example.
also see >>56342353
basically now anyone can launch their own Blockchain without having to join some consortium, without having to Hire a team of Blockchain engineers and without having to spend 1.5 million upfront for a PoC. And the best is its hooked up to all Chainlink Services right out of the Box.

>> No.56342957

>banks + swift: we're working with chainlink because we don't want to bet on 1 L1 nor do we want to abandon our legacy infrastructure
>shills: holy shit this is so bullish for avax
you have to let go eventually anon and the longer you wait the harder it'll be

>> No.56342974
File: 226 KB, 3010x1654, enterpriseadoptionslides4.jpg [View same] [iqdb] [saucenao] [google]
56342974

>>56342957
Avalanche is not an L1, its a platform where anyone can launch their own fully customized L1 (Subnets).

>> No.56342996

>>56342974
Like canton? >>56341847

>> No.56343146
File: 142 KB, 1610x902, AVA Cloudt4.jpg [View same] [iqdb] [saucenao] [google]
56343146

>>56342996
nope, Avalanche is superior.
>easier to get into because its permissionless and anyone can build on it
>supports all VMs written in any language not just limited to DAML
>not limited to UTXO
>not limited to a DAG
>Avalanche has Sub Second Finality (canton does not)

>> No.56343156

The turkroaches have really gone in hard after being called out for all their meme stealing and clout chasing. At least you have stopped trying to tie your shitcoin to LINK. Now get your own memes.

>> No.56343184
File: 5 KB, 150x150, 3ybd5r.jpg [View same] [iqdb] [saucenao] [google]
56343184

In 4 days curio chain will launch on polkadot. It's currently at 1.5MM MC it's been around for 4 years will have over 100MM of RWA tokenised on polygon alone, announcement coming. Let's see who earns and who learns #CGT

>> No.56343190

>>56343184
Delete this

>> No.56343196
File: 232 KB, 1303x649, IC3 OGs.jpg [View same] [iqdb] [saucenao] [google]
56343196

>>56343156
AVAX and LINK are the make it portfolio of the upcoming RWA Bullrun.
and of course they belong together because Ari Juels and Emin Gün Sirer are the founding fathers of IC3.
Source:
https://web.archive.org/web/20151230234904/https://www.initc3.org/people

If you werent a newfag you would already know this. But you are Poomar the fudder and you only arrived here like a year or so ago. so of course you dont know any of that.

>>56343184
>polkadot
centralized and cant scale.
>polygon
has constant reorgs and goes backwards so completely useless for any RWA usecase.

>> No.56343293

>>56343196
What did Ari contribute to Avax? Dawn is on their page now. Guessing you have fat stacks of ROSE? How's that going?

>> No.56343347

>>56343293
>What did Ari contribute to Avax?
Ari Juels solved the Oracle Problem while Emin worked on solving the Blockchain Trilemma.
>Dawn is on their page now
not a founder of IC3 thus not as important.

>> No.56343363

>>56342072
>Tokenization of Real World Assets is the next big thing.

There is no reason that this would happen anytime soon

>> No.56343370

>>56343363
The reason why its happening now is because of CCIP and Subnets being production ready.

>> No.56343407

>>56342974
literally in your picture
>Custom blockchains powered by Avalanche consensus
don't act like subnets have nothing to do with your ghostchain. they're sidechains/l2s at best.

>> No.56343437

>>56343407
Subnets are superior to L2s and L1s, simply because of how easy it is to set one up and because of all the other Benefits that Avalanche offers.
>better DB (firewood)
>fast finality (sub second)
>warp messaging for messages between subnets
>hyper SDK
>supports all VMs in any language
etc.
Nobody can even compete with Avalanche thats how good it is.

>> No.56343464

>>56342072
RWA is the real deal that is why I'm not sleeping on Allianceblock, Arkefi, Avalanche, realio. Kek

>> No.56343677
File: 38 KB, 610x343, sergeymontana.jpg [View same] [iqdb] [saucenao] [google]
56343677

>>56343464
you forgot LINK, all these RWAs need offchain data, off chain computation and other Chainlink Services.
basically Chainlink is the only one that can provide these services and they have the monopoly already.

>> No.56343852

Curio Invest in one tweet:

https://x.com/shadowsuma/status/1712200175479865793?s=46

>> No.56343964

>>56342072
Why AVAX over Chainlink's BBCA? If you want to bet on the best tech, they're building it.

>> No.56344006
File: 2 KB, 124x123, 1666328800528913s.jpg [View same] [iqdb] [saucenao] [google]
56344006

>>56343677
based and link-pilled

>check em

>> No.56344043
File: 48 KB, 737x391, 91354856516.jpg [View same] [iqdb] [saucenao] [google]
56344043

>>56342268
TOPKEK they deleted it

>> No.56344074

>>56343677
bases and checker

>> No.56344156

>>56343964
>Why AVAX over Chainlink's BBCA?
different usecases.

>> No.56344193

>>56343437
once again, banks don't care about how many buzzwords your L1 can cram into one salad. maybe avax is the best L1. maybe avax succeeds, maybe it doesn't. buying chainlink is like selling shovels and jeans. buying avax is like searching for gold. not just searching for gold, but searching for gold after you've already seen hundreds of others come back empty handed (other ghostchains).

>> No.56344262
File: 342 KB, 2900x1633, enterpriseadoptionslides8.jpg [View same] [iqdb] [saucenao] [google]
56344262

>>56344193
>banks don't care
They already care, see >>56342363
And its not just Bank of America, ANZ is also on it >>56342896

>> No.56345041
File: 161 KB, 1763x1182, tokeniztat.jpg [View same] [iqdb] [saucenao] [google]
56345041

bump

>> No.56345085 [DELETED] 
File: 241 KB, 1745x1170, Tokeniztit.jpg [View same] [iqdb] [saucenao] [google]
56345085

>>56345041
Bump

>> No.56345378

>>56344262
the focus of ANZ was to test CCIP, they never mentioned AVAX in either their sibos or their smartcon talk. a bunch of logos on a slide means nothing. show me a single institution talking about how and what they are developing on avax.

>> No.56345454
File: 89 KB, 1178x578, eminsergert.jpg [View same] [iqdb] [saucenao] [google]
56345454

>>56345378
>they never mentioned AVAX
Blind? illiterate? they literally used the Fuji Testnet for it. Thats Avalanche.
see pic here >>56342896
the ANZ guy that was at SmartCon was also previously at the 2nd Avalanche Summit and is a big fan of Avalanche.
https://youtu.be/hMx5OG3zUzo?si=yw6seAfanwGrmSOj

>show me a single institution
Bank of America, also in that post that you somehow replied to and ignored: >>56342363
Seriously, are you illiterate or something or why do I have to repeat myself for you?

here is more:
https://www.coindesk.com/business/2022/09/13/investment-giant-kkr-puts-portion-of-private-equity-fund-on-avalanche-blockchain/
https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/deloitte-ava-labs-blockchain-state-local-government-natural-disaster-recovery.html
https://medium.com/avalancheavax/financial-institutions-join-avalanche-evergreen-subnet-spruce-to-drive-on-chain-finance-99686b715a55

>> No.56345777

>>56343196
LEOX, RIO, FXS, and NXRA for me. This is where the. RWA is starting. AVAX will be their OG.

>> No.56345868

i hope you're being paid, i can respect the hustle
but if you're actually just a delusional baggie thats sad

you = exit liq. avax team chads = generational wealth achieved

every L1 is a scam designed to enrich the founders

>> No.56346031

>>56345454
meaningless "partnerships" and tests. that BoA report doesn't even say that they're using it you fucking idiot. i said show me proof of a single institution actually talking specifics about what they're doing on avax and all you can show me are xrp-tier announcements where they say they're going to do something and then nothing comes of it. can you show me on chain transactions from KKR, Deloitte, or any other institutions? can you show me a single smart contract related to them?

>> No.56346301

>>56342072
Take this Pill to sustainable yields. Spoofi V2 is bringing real yields and launching pretty soon.

>> No.56346332

$5 EOY, ATM's nationwide by summer, official NATO/E.U adoption to replaced their currencies by EOY 2024 sir.

>> No.56346337

>>56342072
Feels good to still have 2k avax left since ICO

>> No.56347524
File: 5 KB, 249x195, ti.jpg [View same] [iqdb] [saucenao] [google]
56347524

>>56343464
When did AB hop aboard the RWA train, Anon? I'm already on board with RIO, which I hold in my portfolio alongside XTP and INJ.

>> No.56347554

>>56346332
I simply use the Tap card since it allows me to swiftly convert crypto to fiat at the point of sale and use it globally, not just in a specific nation, Pajeet.

>> No.56347840

>>56346031
meaningless cope and seethe from some tard who cant read.
Still cant figure out what a Subnet is kek.