WorldAssets upgrade to RWAX
WorldAssets upgrade to RWAX, my understanding is: RWA finally starts to supplement the 'market layer'.
RWA 1.0 talks about the on-chain concept;
RWA 2.0 relies on institutional endorsement + whitelist + TVL;
RWA 3.0 is the real landing: assets must be able to quickly enter the crypto market, be publicly traded and priced.
The positioning of RWAX is very straightforward:
RWAX = RWA's Pump.Fun + DEX (Launch = Trading)
There must be a market before assets have a price (Market Before Assets).
Three core points of the mechanism:
1) Asset Proof disclosure + Create Token: assets can be issued and enter the market by submitting materials
2) Bonding Curve: early pricing and liquidity path