Brothers, let's talk about something serious.
Have you noticed that the term RWA (Real World Asset on-chain) has been popular for several years, but can we ordinary people actually touch it? We can't touch it.
In the 1.0 era, when you released an NFT, it represented a certain estate or a specific bottle of fine wine. The concept was amazing, and then what? Nothing came after. Liquidity? Nonexistent.
In the 2.0 era, it got even crazier. It became a playground for large institutions and DeFi whales. They create a bunch of complex models, lock astronomical numbers of TVL, and then tell you, 'Our qualification review is very strict, retail investors wait for the whitelist.' Wait for what?! Isn't this just the Web3 version of the 'Wall Street Club'? Locking the door and playing by themselves.
I have been wondering, what is the soul of RWA? It’s about bringing valuable things from reality (houses, bonds, intellectual property...) onto the chain, allowing a global 24/7 market to price it, letting everyone participate.
And the result? The soul is nowhere to be seen, but the setup is all there.
So, when I saw RWAX shout out 'RWA 3.0' and 'Market Before Assets', I thought, finally someone is hitting the nail on the head!
What is RWAX doing? I understand it as 'Pump.Fun in the RWA field + professional DEX'.
In plain language:
1. On-chain is as easy as sending a MEME: Want to tokenize a real asset? Don’t look for organizations to stamp it. Come to RWAX, fill in your information on the BSC chain (heard it’s going cross-chain soon), upload what you can prove this asset with (contracts, property certificates, etc.), and then directly enter a Bonding Curve pool. Yes, once issued, it can be traded immediately. Take the pricing power back from the 'judges' and throw it to the market.
2. But it’s not a junkyard: they use AI for the first round of basic review. It's not about how awesome your asset is, but about whether 'is this thing a real asset?' 'Can the information match up?'. It’s like checking an ID when you enter to prevent mentally unstable people and air coins from getting in. There should be a threshold, but it can't be an insurmountable barrier.
3. Give assets a 'growth path': A new asset, with little consensus, can grow slowly in the curve pool. When the trading volume and number of holders increase, proving it’s not just a 'one-hit wonder', the system can support it to enter deeper, more liquid DEX pools (like connecting to mainstream DEX). This is healthy, allowing the market to 'level up' the asset.
What I most agree with RWAX is: they don’t act as 'judges'. They don’t tell you 'once I stamp this gold seal, this asset is worth 100 million'. They just set up a stage and shout, 'Who thinks they have what it takes? Come up and practice! Whether it’s a mule or a horse, let’s take it out for a walk and let the market's fists do the talking.'
Price is determined by the buy and sell orders, not blown up by whitepapers.
So, the conclusion is: If you, like me, think RWA is one of the most miraculous tracks connected by blockchain, but are really fed up with the 'old money style', slow as a snail, keeping retail investors out of the 2.0 model.
Then you should pay attention to RWAX. It may not be perfect, but this 'market-first' direction is truly native to crypto, belonging to everyone.
