The "token = real-life stuff" idea is exciting, but several roadblocks are slowing adoption. Regulatory uncertainty, complex legal frameworks, lack of standardization, and technical challenges make investors hesitant. It’s like playing a game with unclear rules—most are waiting for clarity.
However, with projects like LANDDAO emerging, RWAs could gain traction as the market matures and regulation catches up. It’s still early days, but the potential is huge.
The real-world tokenization experience is the issue you listed, which is what always happens to every innovative concept. Still, according to my findings, the real-world tokenization adoption was not slow for the market to have reached a market cap of $7.67 Billion, as we speak, while the first project in the space was introduced in the 2000s.
I think the major thing that makes it look like there's slowed adoption of real-world assets is that most crypto enthusiasts lack an understanding of the benefits and the important role played by real-world tokenized projects. However, it is nice to see projects like LandDAO, which will change everything and also improve the betterment of real-world asset (RWA) tokenization.