So it is RWA?
I have been involved in some RWA projects including Realio Network and Propchain. So how will LandDao going to compete with these RWA projects?
Tokenizing land ownership is not a new trend and I think the NFT market still worth some billions of dollars which i hope will appreciate with time as the price of cryptocurrency keeps surging. I still hope to involve myself in projects like this one where my investment can worth something reasonable within a speculated timeframe. I don't know how profitable this project could be but I hope that it will be something worth investing, now that we are expecting the bull trend to fully function.
Yes, tokenization is not something new but has a lot of flaws, which is the reason why most real-life asset tokenization projects are not successful. According to what I have read about LandDAO, they seem to solve the tokenization space's flaws, and that's why they introduced an innovative financial solution for uncertainty and fluctuations in the cryptocurrency ecosystem.
Do not forget that anything can be tokenized(land, art, car, house etc) so that investors can have access to their investment allocation.
It can be in terms of digital currency registered on the blockchain to take records of every transaction so every investor can access there allocation. The top reasons why many investors tend to consider real world assets as an option is to make profits with minimal risk, without taking part in the security and management of such asset.
Exactly, anything can be tokenized whether it’s land, art, cars, or even houses. Tokenization gives investors a clear allocation of their assets, making everything more accessible and easier to track. By using digital currencies registered on the blockchain, every transaction is recorded transparently, so investors know exactly what they own. One of the biggest reasons investors are drawn to RWA(Real world Assets) is the potential for profit with minimal risk. They don’t need to worry about the security or management of the asset itself, which makes it appealing for those looking for a passive income investment. It’s a smart approach that leverages the power of blockchain to simplify asset ownership and investment. RWA(Real world Assets) really is the way to bridge IRL and Crypto