In many cases, the value of a crypto token is derived from the value of the underlying asset. For example, with real estate NFTs, the value of the NFT is tied to the value of the underlying property. This
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Yea that's true, the value is mostly tied to the value of the RWA asset, but one good thing about Nft coming into it means, the more the demand, that how the value of such assets might increase and then it ended up determine the value.
It is true, it is a bit unsettling, since it is based on probabilities, so knowing more about it is the important thing.