Re: [ANN] LandDAO - Your Gateway to Tokenized Land Ownership

Quote from: Goosebit.com on September 23, 2024, 06:43:58 PM

Quote from: cryptoquiin on September 22, 2024, 11:32:26 PM

Why hasn’t RWA tokenization exploded yet?

I mean, with growing recognition of blockchain's benefits, I’m curious why adoption for RWA tokenization remains relatively low. Does anyone have insights on the current challenges? How can these barriers be overcome? And with players like LANDDAO emerging, could they help drive greater adoption?

I think the problem is with regulation and ownership verification. RWAs are based on blockchain, but we still need third parties to verify them before they can be tokenized. Plus, education is really important. The market is still super speculative and people are into high-risk, high-reward stuff like memecoins. There’s a lot of hype because they see it as a quick way to get rich.

Speaking of RWA, I got this data from CoinGecko. The top 5 countries with the most interest in RWA are dominated by the following:
United States - 14.82%
Indonesia - 10.09%
Türkiye - 8.04%
India - 6.34%
United Kingdom - 5.56%

You can check out the full list at this link:
https://www.coingecko.com/research/publications/rwa-crypto-interest-countries

Also, did you guys realize this project could open new opportunities for lending and borrowing based on land RWAs.

The regulation of real world assets are crucial to enhance continuous adoption and relinquish the attempt of fake tokenizations that are not available on the blockchain. Their has been records of fake devs and team claiming to have tokens that are integrated to real world assets making it looks real with so many promises for investors when such tokenization does not exist or have insufficient data to prove the existence on the blockchain.

I am looking forward to learn more about LandDAO and how the team intend to award the community especially for the early investors.