The Ice Breaker
What Kind Of RWA NFT Projects Do You Want To See?
Add your takes, comment and ask questions!
Listen live to the Space!
What Kind Of RWA NFT Projects Do You Want To See?
Add your takes, comment and ask questions!
Listen live to the Space!
2024 is going to be a big year for the crypto blockchain. The RWA NFT project will probably blow in the bull run, but I am still skeptical about NFTs because alot of people still sees NFTs as scam.
I agree with you in the 2024 part. Next year it'll going to foster great projects! I think NFTs can be marketed differently and people immediately would forget about scams. For example, like badges as a symbol of purchasing something else.
With the right publicity and sensitisation given to it, lots more are just going to know and trust the process so that won't be more of a problem
I can totally relate with What 'aunti' is saying. remember the first time I got an nft. My friends were like "that much for an ordinary jpe?" I laughed at the because I felt they will never understand. Guess who laughed last, my friends.
I can imagine how you felt, I don’t own an NFT yet but I know the day I will, I will be so excited and I don’t think my dramatic self would be able to keep it down. I am looking forward to owning one someday but until then fingers crossed.
I understand mate. when you eventually do, please make sure it's one with a very good use case
there seem to be few people that are aware of NFTs especially as real world assets. It will definitely be a slow start which would take yesrs to go global
Exactly, perhaps it would need massive awareness before it starts selling
I have heard about NFTs gaming but not as real-world assets. It will be a nice project in Hive Blockchain technology to educate people on NFTs assets.
I have heard about NFTs gaming but not as real-world assets. It will be a nice project in Hive Blockchain technology to educate people on NFTs assets.
It always has been hard for me to explain to other about web3 blockchain and every one of my friend would say that I am not gonna gain anything from this and it’s a waste of my time. But if they had tried this platform for once after a while they would realise the value but it’s necessary to reach out to them.
We are always used to using web2 platforms. So, all of a sudden web3 things seem complicated to us. I think if we can show them the benefits and economic prosperity of web3 then they will show their interest on WEB3.
A project that will make people see the great effect of blockchain is great. The Webs projects are interesting, and the technology is advancing so fast. But some don't see the value, and we have to show them.
What does RWA nft mean?
Real World Asset.
Thanks. Someone already replied.
Oh, okay.
True, its baffles me how something as great and benficial as web3 blockchain is still hidden, it shows that we need to do more work on outreach, which is great what the INLEO team are committed to.
You are right. Well, I guess sometimes things need to be hidden for people to know its worth. You know, like a gem. And, yeah, the #inleo team is
making the outreach worldwide.
Maybe people still can't understand how an entire blockchain works, with its transparency and capabilities, unfortunately we still have people who build a narrative that causes fear and distress, accusing all of this of being false, pyramids and scams. We need to change this narrative!
Changing the narrative. That's an excellent statement. It is true that scams are one of the killer joy of being on a blockchain, but it is also in the commercial world.
That's right, my friend. Web3 is the new era of the Internet. We have to show people how valuable it is. Hive came to change our lives and that is an undeniable fact. That's why we must grow this com
Yes, it is an undeniable fact what the value of the Hive blockchain has on us all. It is beautiful to see.
yeah, I wish the value of this projects can be seen by people and I believe it lies in the hands of us to actually do show them the real value if what they are missing
Yes, that's exactly what we need to do.
You are correct, there are lots of projects been set in place and when these projects come into reality many people will love Blockchain and find it more interesting and yes also technology is advancing so fast and we expect more soon.
We surely do because that's what the blockchain does. It keeps advancing which is an exciting thing to see.
This is a great and good innovation. Information is power because what we don't know, we can benefit from it. Thanks to technology and the world of web3.
Yes, information is powered, and that power is what the blockchain has given us.
Introducing Web3/NFT to those unfamiliar can be a challenge; it seems complex and a lot of misconceptions about it. To bridge the gap we need simplified educational content about web3, make user-friendly interfaces, and make more real-world
yes rightly said. But in my mind I don’t think anyone or everyone needs to understand the technical part about web 3 or NFTs to be a part of it. I think all the user should aim at is it’s use ability. How best it’s going to function as well
True, the place of education on the advancement of web3 and particularly NFT adoption cannot be overemphasized.
I kind of disagree because this new generation we got are very intelligent with tech. I saw a video yesterday of a 12 year old boy writing down python codes super fast. The problem is that people are scared of change and that is what holding them back.
Hmm... you got a point. But not everyone is tech incline.
Navigating the complexities of web3 blockchain can indeed be challenging, especially when faced with skepticism from friends. While initial perceptions may label it a time-wasting endeavor, the true value lies in experiencing the platform.
I think the problem these people have is ignorance, they are quite ignorant of what web3 is all about, they don’t believe it because they can’t feel it, Omg this is a blockchain thing, you need to be apart of it to know about it, nice Q.
Seriously, I don't understand how some condemn without experiencing web3 but I guess not everyone is open to learning new stuff. Yes, web3 can be quite hard to grasp but if you ask the right questions and do research, it's very exciting
Hehe, I agree. A lot of people who aren't so close to me, see some of the stuff I do and think some of it is a waste of time. Untill tangible results are seen, they'll continue to doubt. We just need to persevere
I think we can explain them about Web3 benefits simply, like owning data and decentralized control. Share relatable examples like NFTs in gaming or play-to-earn. In view of this, we can tell them about Hive Blockchain and get paid.
Yes, many people are skeptical because they are afraid of the unknown, when it's just about learning, it may be overwhelming at first, but, once you learn, they are ready to change their mindset, web3 is the future and you have to adapt.
I can relate to this statement. Some of my friends still feel that I waste my time with what I do online, and I hope to remain consistent and hit a great project from this. Perhaps they will be convinced by my result.
For me, my selling point for Hive Dapps like @inleo @ecency @3speaktv etc is not about how much people can earn, but more about the ownership is of their content and the freedom to turn their contents into anything they wish such as NFTs.
Just as @shifttox said, the current RWA NFTs have an awesome market value giving many opportunities for to join and make investment choice, at this point we ain't in need of which to invest in as there are a thousand of them
I love what you just said, and yes we are can that investors now has many NFTs the can invest in and just like you said the current RWA NFts have an awesome market value, which is one of the key things to consider before investing.
RWA projects have a lot of potential by bringing real-world assets to be tokenized and have collectible NFTs. With the help of Web3, it could be expanded worldwide thus it becomes a trillion-dollar market cap.
Hopefully, such spaces would enhance our knowledge about it more.
Much appreciated Inleo for sponsoring it and giving us the Lions an opportunity to learn what's coming in the future regarding Web3 and
RWA NFT Projects.
Seriously web3 is bringing the world's assets to our table. Making it possible for everyone who engages to get profit. Am glad to belong to a web3 that's ready to educate his community on how to benefit from those projects. RWA means what?
RWA NFTs projects has a lot of potential, what is needed is that the world gets to know about it.
It needs the help of Web3 for more engagement before it would make the trillion dollar market cap which is a great thing. Just good usage
You are absolutely right Meraki, the introduction of RWA to the world of both web 3 and web 2 will change a lot of things in time to come.
This is actually my first time getting to understand what RWA really means and it's all thanks to @inleo for leading her community to where they need to be, big thank you to them.
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I think those red flags has always been there and will continue to be there. It takes time for so many people to accept a paradigm shift such as the one we are expecting from RWA. People will always need information and some will alway informed and that's where the red flags come from, lack of information.
A real use that is already happening and is really cool is NFTs as tickets to shows. They are useful because they prevent counterfeiting and are still legal
In addition to improving security, it provides yet another use for the collectible NFT, the key is to provide uses for the NFT to become truly attractive.
I also think that NFTs tokenization is a great deal and with what that is been said about introducing NFTs into real life assets is a very nice ideal and real estate is also good, so web3 is providing more and more good project that nice.
If the Real Estate is Tokenized, it will be easy to retain ownership for a long time, since you will just sell off a little part and still have your property ownership.
Using RWA NFTs for decentralized identity can mean folks have more say in their personal info, boosting online security. Also, RWA NFTs could spark fresh DeFi stuff, bringing in new products and services.
On the real state it would solve a huge problem of liquidity it has. Cause if you buy a house and something happens and you need the money for an emergency, the only way is to sell it all and it takes time. But if you tokenize it, you can sell just the amount you need.
Yeah, that is a great way of limiting liquidation rate in the crypto market. The idea of implementing tokenization in real estate assets is a great idea which I am bullish to that idea as well. Blockchain is changing the world.
we should not belittle the knowledge of the government, they do have the knowledge about token, just they don't have Interest in it
Education and adoption will be critical for the widespread use of RWA NFTs. in order for this vision to become a reality, people need to understand how RWA NFTs work and the advantages they offer.
As they are saying in the Space, RWA is not sexy at the moment, because it is not a 30 second read or a 30 second watch. As more people get to know blockchains then the more sexy it does become. Time will get there in the end and RWAs will become popular!
Yes you are correct, education and adoption will be a very nice tool for the mass adoption of RWA NFTs, so just like you said this tool should be used in a nice way to help to be more enlightened and know that the should also join web3.
Oh man, the @RealBlue really got a great idea for being a President, haha, but from his opinions, I love the idea where he said Crypto needs Blockchain and blockchain doesn't need crypto. Yup, blockchain is the mother of all technology.
Oh wow, that is a great usage of technology, QR code being able to track the health-lie of the products sold. This is really a great implementation of technology. We really need stuffs like this to indicate the quality of products we buy
The topics have been so encouraging so far and I am glad u didn't miss this space for anything.
I also try to benefit as much as possible from the spaces, it is always good to learn.
Most people think web3 is imaginary just like lil aunty siad,this is because they don't see real life applications of web3.I sometimes feel like this is as a case of people who know the technical part are the ones who promote web 3 outside
Is Crypto Overtaking Gold in Popularity? Since it is possible to buy crypto coins at a much lower price than gold, I think small investors will turn to crypto for higher profits. I am comfortable to buy little amount of crypto than gold.
The great attraction is the possibility of great gains with great risk, not that it is the best path depending on the investor, but this possibility of gains far above other investments attracts the population.
The type of RWA NFTs I would like to see are real estate related. This is because, I love real estate investments again, in developing countries like Nigeria, real estate investments are doing pretty well.
On the real estate, the government is still behind, they lag behind. But we can Tokenize companies, you can buy shares from the company,
Yeah, tokenizing shares is the easiest path to tokenizing RWAs. Each share bought would be a representation of a real product reserved for the investor.
I really hope real estate can be tokenized. That would have been way lovely to transact with. Trading assets would even become way easier. But what baffles me is the fact that how possible could that happen in the nearest future?
If I could say about the blockchain projects, I must say Hive blockchain is the best I have ever seen. This is most scalable and faster than rocket. We can get the full vibes of web3 through the Hive Ecosystem and get paid for our content.
We can get very good vibes from web3 through the Hive ecosystem. In Hive we can visualize everything related to Wb 3, we learn a lot about this whole world. And people earn money with their effort and work in this ecosystem.
Some ideas for RWA NFT projects I am interested in:
Music royalties - Invest in songs and earn streaming royalties
Sports cards - Own digital NFT player cards with real collectible value
I like both ideas: music royalties as well as Sports cards. That would create immense opportunities for the people.
That would be easy to participate in for all and would be a mass adoption compared to real estate.
Gold is the world's most valuable asset. I mean, by accumulating gold we are able to get risk free profit. Earlier we see that the price of gold is constantly increasing and will increase in the future. There is no chance of scamming.
This is one of the main difficulties in adoption, given that there are other very valuable and generally accepted assets that seem more reliable for those with investment power. All in all, a good job is being done with RWAs.
Gold is a valuable asset and everyone wants it. It is useful for many purposes and no one has ever regretted having gold. the increment is constant with gold.
NFT is to get your financial in orde
boldlyFor NFt to have access to RWA, then we the web 3 elite must be willing to educate everyone about it beauty and how to go about it, in a nutshell, we'll need to engage in some adoption strategy that will attract them to come onboard.
I support promoting NFTs to a wider audience. Educating people about their beauty and facilitating adoption through strategic engagement is crucial for integrating NFTs with real-world assets.
TFA a community was establishing a token called The Futbol Coin at that time, some restaurants were accepting the token, they gave the community members the opportunity to come eat on their restaurants and pay with the token
really? That is cool, like that is a way to make the token more valuable and acceptable. I wish some countries can also accept this too
We all get to that stage
I saw a post where this was trading her HBD to pay for her grocery, some grocery shop now accept HBD as a means of payment in their country. I wish my country can emulate
We just pray, we get to that stage
RWA projects have great potential, after the last spaces I researched a little about them and saw that there are at least 20 of them that have a great market value and many opportunities for everyone. Of course, I haven't invested in any yet, I want to learn more and calmly analyze which one would be the safest to invest in.
I agree with you, from the information gathered so far, there's a great diversification giving users room to make variety of choices, so we've got to deeply scrutinize each deeply before making investment goals
I think web3 has been solving a lot of our problems and I see the quality it brings on the table, if web3 can influence web2, when it comes to transparency, build people financially, helping people to invest rightly and enjoy the benefits
Web3 can transform transparency, financial empowerment, and investing. If it influences Web2, it promises a more equitable and efficient digital landscape, benefiting individuals with improved financial opportunities. Exciting times!
that's why I'm in it to stay because common, how can you see all this and still don't want to get involved in it. Web3 is providing that safety that I think Web2 is liking to also provide.
I think that web3 can influence web2, since nowadays we use it as a space to make known the cryptographic world and project and so people are gaining the necessary confidence to be included and see the benefits of web3.
yes that's just the thing we need to be confidential about Web3, and thing is people are seeing this, even the transparency to cool.
I think Peer-to-Peer Lending with Real-world Collateral is what I want to see. Using real-world assets as collateral reduces risk for lenders, enhances trust through automated smart contracts, and makes financial services more accessible
I think this is an amazing application we are yet to see. The general model of lending in defi is the type where collaterals are still provided in crypto. I think if we can have a way to arrange the logistics and be able to use physical valuable assets for collateral. Maybe this would have the limitations of location. But impossible is nothing anyway.
Using the real world or our physical valuable asset for lending either crypto or just fiat collateral is not a good enough business decision , when involving internet and actual distance.
That might get depending on total lending amount.
Which solutions using NFTs have real and profitable use cases for your investors? I don't mean collectors and speculators, of course. But real use cases for which NFT is really useful.
I'd really like to know because I believe the only thing that should matter about NFTs is what problem it can solve
I tend to think that NFT itself doesn't necessarily have to be profitable. Imagine, for example, a citizen's identification documents and records being on blockchain, how could this help speed up public and private services? Now imagine property and company documents all being auditable, how much easier this would make things regardless of whether it was profitable or not.
Your answer makes perfect sense. But, unfortunately, the idea that NFTs are sold is that they can be profitable. So it's difficult to think of its usefulness in any way other than producing some source of income.
One of the uses is to tokenize assets like houses or gold. That why you would add liquidity to them, you can trade them at real time. Also, you could invest with lower amount of money, making it easier to diversify your investments. amazing uses of RWA = Real World Assets.
QUESTION :
The relationship between Real World Assets and Crypto tokens is awesome, but my question is this:
Regarding the real estate aspect, is there recognition for the impact of depreciation and impairment on the real estate?
This is a good question 💯.
The truth is that, things like depreciation and impairment must be considered just like we have in normal inflation in our simple commodities. The checks on how it works is what I'm looking forward to know too
Yeah bro
, thanks for stopping by.
RWA projects tokenizing real-world assets alongside collectible NFTs have immense potential. Expanding this with Web3 globally could indeed propel it into a trillion-dollar market. Exciting times ahead in understanding these spaces bett
I completely agree with you and the incredible thing is that new projects with new utilities are emerging every day, there are many more that we can't even imagine. I encourage everyone to study this world because it's super interesting
It's good to see that RWA NFts brings in so much value. I am learning more about this everyday and I am looking forward to seeing how other real life assets will be involved in this.
it will be amazing to see RWA NFTs bring much value to things we handle, tokenizing real estate for instance is a great Idea, and I can't wait to see other real life assets involved In this.
My knowledge of RWA projects is growing.It will supply an enormous amount of utilities.Real-world asset initiatives are a new kind of innovation that can take some time to catch on.
Mine is growing too. I wasn't paying the best attention last week but I'm all in this week. RWA is indeed a good innovation and I will be listening carefully for some projects and maybe explore them on my own after. What RWA would you like?
I would
I would like one that has good future value I think that is what is more Important.
One with a good future value is very important
RWA NFTs have a lot of potential, and there are many different types of projects that could be developed in this space. It will be amazing to see NFTs that represent real estate or property ownership.
Yeah I free with you there are lot of potential attached to both real-world assets and crypto tokens, differentiating between the physical world and the digital world is key
I agree with you, RWA NFTs have lots of potential and with it, a lot of projects can be realized that will change the crypto world, having NFTs that represent real estate is huge and amazing.
I think RWA still has a long way to go and 2024 can be huge. I would like to see them in the legal field. In countries like mine, validating a document is a pain, and with this utility, it would save time and money for many people
It is really great to see that RWA NFts project will bring in so much value. I'm excited i get to learn everyday about this. It will be amazing to see NFTs represent Real Estate or property ownership.
To a lot of web2 users web3 would always be characterized as the “techy” platform where you need to be smart to survive but I am happy that projects like RWA are upcoming as they will help to solve a lot of problems, we all are hopeful!
Honestly, the fact that NFTS has a plan to solve real. life problem is something to be hopeful about, I see web3 going farther than my imagination in the next 5 years.
This is the second time the mayor of Miami is coming up in crypto discussion. He must be very pro Web3. Dubai on the other hand is a great place to adopt the use of tokens religiously. If they actually took it up, it will be a gamechanger.
The mayor of Miami is a crypto mogul, that's why he is mentioned . Today, they are saying that if he steps in in respect to the RWA of NFTs, he would make a huge impact. And yes, Dubai is a very favourable place for any crypto project.
Yeah I really enjoyed his contribution too. And hopefully we see the world embrace the tokenized future regardless of their religious views. Hopefully it gets better with time. The future of cryptocurrency is bright.
I agree with S.V big time, I think Real world assets is the future, just as SV shared, the rate at which we are underestimating the power of RWA is quite alarming, the fact is that RWA is the future, collectibles and RWA is dominating.
To me I feel that the most successful RWA NFT projects would be those that offer real value and utility to their holders, while also addressing important social and economic challenges.
For an NFT project to be successful, it has to be functional over time since its creation.
Obviously the use cases are paramount so that we are not left with something pretty and it has to have a clear and concise sense of its investment.
Let's get the show on the road.
Hello everyone.
Lets continue from where we stopped last week, my ears are itching