Rocky_Sol

In the past two years, we've studied numerous #RWA U.S. stock tokenization products, yet the market has never delivered the flourishing scene of DeFi Summer. Fundamentally, most platforms remain merely 'price and betting' tools—un抵押able, unable to be combined into DeFi. As for real matters like dividends and stock splits, they rely entirely on platform credibility rather than a robust smart contract system!
Perhaps only when a fully developed RWA infrastructure emerges can DeFi building blocks be modularly assembled and combined, enabling more innovative RWAFi experiences. The emergence of @stoveprotocol truly lit up my eyes, as if I've found light and hope! Unlike many traditional crypto projects, it neither issues tokens nor charges protocol fees, and even avoids handling trade matching itself. It's doing something that sounds dull and low-level, but long overdue: enabling on-chain 'stocks' to truly achieve free composability and financial derivatives through standardized underlying protocols.

The trillion-dollar valuation myth of SpaceX reveals the harshest 'class barriers' of traditional finance — the largest profits are often divided up before the IPO. Platforms like @JarsyInc, representing private equity tokenization, are trying to bridge the gap between retail investors and top unicorns through technological and business model innovations.
1️⃣Crazy Valuation and the 'Locked-in' Excess Returns
According to the latest report from Bloomberg, SpaceX plans to go public (IPO) in 2026, with a target valuation of up to $1.5 trillion.
What is this concept? Looking back in history, in 2015, Google and Fidelity jointly invested $1 billion in SpaceX, with Google investing about $900 million for a 7.4% stake. At that time, SpaceX was valued at only $12 billion. Ten years later, if we calculate based on a valuation of $1.5 trillion, the value of Google's investment from back then would skyrocket to $111 billion. The return on investment (ROI) for this single investment reached as high as 123 times.

As the anticipation for Base's token issuance gradually increases, the popularity of x402 is becoming lively, likely to become the next market trend. We have been digging for treasures in the x402 track recently, and we discovered a project that has hit the x402 era dividend: @AiMoNetwork. What it is doing is very interesting, a decentralized DEX for #AI intelligent agents.
The current #AI Agent is basically still in the Stone Age. If a chain-based agent (DeFi robot, automated strategy AI) tries to call another model, it can do almost nothing because it needs human intervention: registering an account with an email - binding a Visa card - completing KYC - and only then can the API Key be installed in its configuration.

To be honest, in the past two years, I have seen too many #Web3 projects telling "stories," but the only one in Asia that can write the story into the regulatory framework, into the prospectus, and into the mainstream capital system is basically a lone seedling—— #HashKey(@HashKeyGroup)
Now it has officially passed the Hong Kong Stock Exchange hearing and will be listed on December 17. It has also invited UBS, Fidelity, and DCP Capital, three top cornerstone investors in the financial sector. This lineup is pretty intimidating; it's not just simple "support," but a genuine vote of real money. Foreign capital sees its compliance path, and DCP Capital understands its territorial value. As a seasoned investor, this is the first time I feel that Hong Kong has transitioned from "experimenting" to "getting serious." The listing of #HashKey is the starting gun for that.

A few days ago, Musk mentioned in an interview that in the future, with the development of #AI and robotic technology, everyone's work will be free, fixed jobs will decrease, and the number of freelancers globally will grow exponentially. Task-oriented freelancers will become the new efficient way. We often say that #AI is the new productivity and #Web3 is the new production relationship. Matching this with freelancers is an easy-to-use and highly efficient distribution payment system.
Traditionally, we used #Web2 for payment methods, which had various pain points. Opening an account with Stripe could be closed at any time; Airwallex takes half a day for approval; bank transfers can take 3 to 7 days; fees are outrageously high at 2.9%+; crypto-native teams are even directly turned away.

Time flies, looking back at the past, unknowingly I have been in the cryptocurrency circle for over seven or eight years, starting from my first dive into the exchange in 2016. I have basically experienced all the losses that come with leverage liquidation, contract zeroing, and project scams... Eventually, I started to learn to be smarter: instead of struggling on my own, it's better to follow the 'smart people' and copy their homework.
But here comes the problem—how do you know who is truly stable and profitable in the long run, and who is just boasting? Many people share screenshots, claiming to make 30% today and double their profits tomorrow, but those screenshots can be edited, and trading records are not made public, so their credibility is in doubt.

To be honest, there aren’t many #DeFi projects in this bull market that have truly caught my eye. Most DEXs are still the same old story: competing on fees, breadth, and incentives, which ultimately leads to either a scenario where there’s nothing left to gain or creating a "pseudo-decentralized" liquidity pool.
As an old hand who has been in the crypto space for many years, I was recently amazed by the @Terminal_fi project. This is not an ordinary DEX; it is backed by Ethena Labs, which has created USDe synthetic dollars, essentially holding the key to "crypto-native dollars" to reconstruct the trading market. Moreover, #Terminal's positioning is not in competition with Uniswap or HyperLiquid; rather, it aims to unify the capital and yield flows of the entire #Ethena ecosystem, making USDe / sUSDe the "new capital base" of DeFi, with supported assets including USDe, sUSDe, USDtb (dollar income assets supported by BlackRock BUIDL), ETH, BTC.

Recently, the crypto market has been like this sudden cold wave, making people shiver. Recently, everyone might have the same worries as I do, holding some quality altcoins. I am quite optimistic about these projects and believe they will rise in the long term, so I won't sell them easily. But the problem is: if I just hold on, it doesn't earn any money!
I have kept it in my wallet for a few months, and it is still the same amount, unless the coin price goes up. But what if the market goes sideways? What if the market really turns bearish? Then I would have wasted a few months or even over a year of 'funding usage rights' for nothing.
I have thought of several methods. The first is to stake at the exchange? The returns are low, and they often run away. The second is to provide liquidity in #DeFi? Sure, I can earn some trading fees, but there is impermanent loss, and if the coin price fluctuates, my principal will shrink. The third is to lend out for interest? I can do that, but there are too many platforms that have collapsed, making it hard to sleep.

To be honest, as a long-time researcher in the #AI x #Crypto space, I have been waiting for such a moment. #AI is no longer just learning from us, but is starting to return value to our hands.
Today, @OpenledgerHQ's mainnet officially launched. This is not just the release of a chain, but the beginning of a real shift in the #AI power structure. Even more exciting is that #OpenLedger has launched a $5 million grant program in collaboration with the Cambridge Blockchain Society to support research, experimentation, and the development of real-world prototypes for decentralized AI.

Recently, the market is so cold that it makes people anxious, and the team has been苦哈哈地 watching projects. Suddenly, I stumbled upon news from @iota, which shocked me. Why am I suddenly so into #IOTA? Because it is doing something truly worthy of the term 'feat': moving the entire global trade infrastructure of Africa onto the blockchain.🧐
To be honest, my old impression of #IOTA was a bit biased: veterans, no voice, technical idealism, and a specialty student. But recently, after diving deep into their pilot for trade digitization in Africa, I was truly a bit shocked.
This shock is not the kind of 'white paper boasting' hype, but rather: they are serious, building a government-level 'cross-national digital trade infrastructure', and it is already running on the production line. This scale is not a small-scale concept, but rather continental-level for all of Africa.

From 10.11 to today, 11.11, a full month has passed, and this may be one of the most brutal months in crypto history (with two other notable events being 312 and 94), which I still vividly remember and have greater respect for the market. This so-called 'liquidity war' still sends chills down my spine when I recall it. Over the past month, the entire market was liquidated for over $22 billion, and there were no sensational scams; it was purely structural leverage that blew up. Many so-called 'stable' synthetic stablecoins have begun to reveal their fragile nature one by one.
To put it bluntly, these synthetic yield-stablecoins are different from traditional stablecoins like USDT and USDC. They are essentially a 'dollar-denominated strategy position,' backed by a variety of asset combinations, risk hedging, and the weighted results of trading strategies. As long as there is enough market volatility, misalignment in on-chain liquidity, or a minor glitch from oracles, this structure can easily collapse. Using these assets for high-leverage collateral, to put it frankly, it's not a matter of 'whether it will explode,' but 'when it will explode.'

Recently, the x402 wildfire, led by Coinbase, reignited the #AI+ #Pay trend, sparking endless discussions about AI. With #Virtual in the front and #TAO in the back, the recent more exhilarating @ChainOpera_AI( $COAI ) roller coaster ride is even more exciting. In ten days, it soared from $0.13 to $20, a staggering 150 times, only to drop over 90% within a week back to $1.4. Many were scared away, but after careful study, potential opportunities have become apparent. 🧐
This time, the $COAI surge and drop is essentially driven by speculative hot money and emotional selling, rather than substantial changes in the project's fundamentals. Early players took profits, leveraged positions were liquidated, and retail investors panicked and sold off, cleaning out the bubble. Now the price has returned to a relatively reassuring level.

Honestly, #MMT is the project we are most optimistic about on #Sui in the past two months. With the market not performing well, we can only gather some funds and participate in new projects. This time, the @buidlpad new project activity must be arranged!
#MMT(@MMTFinance) is essentially a DEX, somewhat like Uniswap v3 on #Sui, but with greater ambition; it aims to create a complete financial OS system.
It has three core labels:
• ✅ Move language is native (inherently optimized for the #Sui chain)
• ✅ Concentrated liquidity market-making (CLMM)
• ✅ ve(3,3) incentive mechanism (this is crucial)
Five core products:

I still remember the champion of the USD1 trading competition in June this year - the Eagle (#EGL1). At that time, it was truly the talk of the town, almost everyone in the BSC community was discussing it, like a meme legend ready to soar to Binance at any moment. However, unexpectedly, after soaring high, it suddenly fell silent. It didn't make it to Binance, lost its popularity, and disappeared from the conversation. The Eagle, plunged into hibernation.
But these days, it (#EGL1) has started to 'flutter' again. With the Mid-Autumn Festival approaching, #BNB continuously reaches new highs, and the profit effect on the BSC chain is significant! I began to notice a detail - the several volume K-lines at the bottom of #EGL1, especially under the rhythm of Binance frequently listing memes again, this sudden change in volume doesn't seem like retail investors playing casually, but rather indicates that some funds are positioning themselves in advance. Generally, in such situations, either insiders have sensed the trend, or old projects are about to 'make moves'.

Larry Fink, the CEO of BlackRock, mentioned in an interview that #RWA and #AI are the biggest opportunities in the next 10 years. Especially after the implementation of the Genius stablecoin bill, the #RWA sector has received unprecedented attention, with related projects emerging rapidly. According to a report from Boston Consulting, #RWA is a vast market with a value of $16 trillion (see Figure 1). However, the biggest pain points restricting the development of #RWA today are: compliance, privacy, and institutional adoption and compatibility. These pain points are precisely the core advantages of @CantonNetwork, which is collaborating with Wall Street to build a 'Global Financial Operating System' (Financial OS).

During this National Day golden week, Twitter and Xiaohongshu have been dominated by various videos produced by Sora2, it can be said that once Sora2 came out, the entire #AI community exploded. Friends in the investment circle are exclaiming: '#OpenAI has once again taken video generation to the next level!' But I want to say, Sora2 is indeed stunning, but it also hides a huge problem: too centralized, too closed, and it might be very expensive in the future.
And just at this moment, a crazier and more 'Web3' version is quietly rising: 👉 @Everlyn_ai —— #Web3's #Sora2, the decentralized Open Dream Machine. Today it will go live on Binance Alpha and Binance Futures, stay tuned! 👇 Here’s a video I made using #Everlyn for the Mid-Autumn Festival, wishing everyone a happy Mid-Autumn Festival, happiness, and health! 🙏

Currently, among the top public chains about to have their TGE, @monad is undoubtedly the most eye-catching. The ecological opportunities within it are believed to be a round of wealth creation opportunities. Among them, #aPriori is the brightest star. @aPriori is one of the most core projects in the #Monad ecosystem, combining 'liquid staking + MEV infrastructure,' equivalent to a combination of 'Lido + Flashbots + EigenLayer.' The goal is to create a 'liquidity engine' on #Monad. It has also secured over 30 million USD in investments from top capital firms like Pantera Capital, Binance, and OKX Ventures. Therefore, this exclusive event for #aPriori, the new Discord role—#aprNAD, must be obtained. There will surely be blessings in the future!

Hanging the little bell 🔔 of @OpenledgerFdn, I saw the $OPEN buyback news immediately and rushed in, fulfilling my mission. In the past two days, the increase has exceeded 40%, fiercely recovering, little octopus 🐙🐙, coming in strong.

I believe that using project revenue to buy back $OPEN is just the first step. After all, it's rare for a project to simultaneously list on Binance and #Upbit in the #AI track. Recently, the community's enthusiasm has been reignited by this buyback 🔥, and everyone is guessing what the next good news will be, which should come in succession. Let's wait and see!🧐

#AI track is a direction we are optimistic about in the long run, and #Openledger has recently seen a pullback, which can be considered a complete washout. Today, I saw that they are going to launch a repurchase plan supported by corporate revenue for $OPEN, it seems they are going to actively make moves! 🧐
First, being able to repurchase through corporate revenue indicates that the project has cash flow and is willing to use real money for repurchase, demonstrating that the team is long-term oriented. Compared to many #Web3 projects that shout about ecosystems and users every day, the biggest problem is lack of funds, relying on financing to burn cash. #OpenLedger is different; it emphasizes that the repurchase comes from corporate revenue, which means the project itself has already established a business model with tangible revenue sources. It relies on 'endogenous blood' rather than relying on blood transfusions to survive.

#AI and #RWA are the key research tracks for us this year. #RWA, as a trillion-dollar-sized track and opportunity, has undeniable space and growth potential. Over the past year, projects in the U.S. and Asia have frequently tested the waters in the #RWA field, but have generally been hindered by regulatory uncertainty, remaining timid. In contrast, Europe, which has the strictest regulations, may become the most suitable place for #RWA implementation.
In this track, a low-profile but noteworthy project has emerged: @vsntoken ($VSN) — the independent #Web3 ecosystem behind the #Bitpanda exchange. After this upgrade, $VSN will integrate $BEST and $PAN and will be exchanged at a certain ratio (1 BEST = 4.91 VSN; 1 PAN = 0.89 VSN), achieving a $VSN token that connects all scenarios, becoming a universal #Web3 ecosystem token, similar to 'the next BNB', starting from #Bitpanda and enjoying the full ecological dividends, with a recent 10.46% APY staking ecological dividend.