It's not a question of IF something will work (something broken is a problem, though).

It's a question of IF something brings utility to the mass market and if the mass market is utilizing this service.  The NXT asset exchange as far as I can tell works extremely well.  Much like BitSharesX's bitassets may work.  The reality is asset trading just doesn't appeal to the plurality.  It's also reinventing the wheel as if I really wanted to trade $USD then I would use real exchanges and not a crypto.

Main reason people went into cryptos was to escape the inflation of the $Fiat. Why do I need to deal with assets and other gimmicks when they already work pretty well themselves in the real world?


It's also a question of IF something is proprietary.  The first mover advantage is great but what stops NXT from doing their own collateral or pegging system or a near-equivalent thereof?