The possibilities for RWAs are endless.
BUT:
"Putting RWAs on the blockchain"
What does this non-expressive sentence mean?
I compared 5 projects based on their benefits.
A thread🧵👇
BUT:
"Putting RWAs on the blockchain"
What does this non-expressive sentence mean?
I compared 5 projects based on their benefits.
A thread🧵👇
This thread consists the following:
1) What is Real World Asset tokenization?
2) The focus for my comparison
3) The compared projects explained
4) Special features of the projects
5) Key differences
6) Conclusion
1) What is Real World Asset tokenization?
2) The focus for my comparison
3) The compared projects explained
4) Special features of the projects
5) Key differences
6) Conclusion
1) What is Real World Asset tokenization?
· It's process of creating a digital representation of
a RWA, such as property, artwork, or company
shares
·This happens by issuing tokens on a blockchain.
· It's process of creating a digital representation of
a RWA, such as property, artwork, or company
shares
·This happens by issuing tokens on a blockchain.
· RWAT enables fractional ownership of RWAs
· Tokens can be traded on exchanges, providing
liquidity to otherwise illiquid assets.
· Smart contracts can be used to automate the
ownership transfer process & enable the asset to be
managed on the blockchain.
· Tokens can be traded on exchanges, providing
liquidity to otherwise illiquid assets.
· Smart contracts can be used to automate the
ownership transfer process & enable the asset to be
managed on the blockchain.
2) The focus for my comparison
· For me it was important to make this thread as
short & understandable as possible.
· For this reason, I have focused on the following:
➡️What do the projects deliver?
➡️What are their unique features?
Let's go!
· For me it was important to make this thread as
short & understandable as possible.
· For this reason, I have focused on the following:
➡️What do the projects deliver?
➡️What are their unique features?
Let's go!
3) The compared projects explained
I'm comparing the following projects:
· $LEOX
· $THEO
· $LABS
· $ELFI
· $FACTR
Why these?
Because in my opinion, the hype around these is the greatest & I want to create clarity accordingly.
I'm comparing the following projects:
· $LEOX
· $THEO
· $LABS
· $ELFI
· $FACTR
Why these?
Because in my opinion, the hype around these is the greatest & I want to create clarity accordingly.
What is $LEOX?
· $LEOX is an open-source infrastructure developed
by @galileoprotocol for executing smart contracts.
· It allows the creation of "pNFTs" representing
physical goods, issued on multiple chains & can
interact with any blockchain.
· $LEOX is an open-source infrastructure developed
by @galileoprotocol for executing smart contracts.
· It allows the creation of "pNFTs" representing
physical goods, issued on multiple chains & can
interact with any blockchain.
What is $THEO?
· $THEO / @TheopetraLabs is a #RWA project that is
utilising decentralised technology.
· $THEO tackles the world's housing affordability
crisis.
· $THEO / @TheopetraLabs is a #RWA project that is
utilising decentralised technology.
· $THEO tackles the world's housing affordability
crisis.
What is $LABS?
· $LABS is a decentralized platform that allows
investors to own fractional shares of real estate
assets.
· This means that investors can make real estate
investments without having to purchase an entire
property.
· $LABS is a decentralized platform that allows
investors to own fractional shares of real estate
assets.
· This means that investors can make real estate
investments without having to purchase an entire
property.
What is $ELFI?
· $ELFI aims to bridge the gap between the real
estate market & the open financial market.
· Through allowing real assets to be recognized for
their value on-chain & used as digital assets.
· $ELFI aims to bridge the gap between the real
estate market & the open financial market.
· Through allowing real assets to be recognized for
their value on-chain & used as digital assets.
What is $FACTR?
· $FACTR is a platform that enables traditional
businesses to access DeFi liquidity to finance real
world assets.
· $FACTR is focused on using blockchain technology
to improve the current factoring, trade finance and
inventory finance systems.
· $FACTR is a platform that enables traditional
businesses to access DeFi liquidity to finance real
world assets.
· $FACTR is focused on using blockchain technology
to improve the current factoring, trade finance and
inventory finance systems.
4) Special features of the projects
1. $LEOX
· It's possible to generate NFTs that identify you as
the owner of an asset.
· Through the purchase of luxury goods, you get the
NFT sent to you and then you are owner
1. $LEOX
· It's possible to generate NFTs that identify you as
the owner of an asset.
· Through the purchase of luxury goods, you get the
NFT sent to you and then you are owner
· As an investor, it is possible to buy in fractals of
luxury goods.
· In addition, you can take ownership of an asset
luxury goods.
· In addition, you can take ownership of an asset
2. $LABS
· Fractional investment of real estates
· Tokenization of real estates as property owners
· Through @staynexcom it'll soon be possible to
purchase usage rights from resorts around the
world
· Fractional investment of real estates
· Tokenization of real estates as property owners
· Through @staynexcom it'll soon be possible to
purchase usage rights from resorts around the
world
3. $THEO
· $THEO buys properties
· $THEO enables through its technology to make
properties accessible to everyone
· Using a mechanism, $THEO allows a maximum rent
increase of 1% (which currently rises above 30%)
· Perfect for rescuing people with little income
· $THEO buys properties
· $THEO enables through its technology to make
properties accessible to everyone
· Using a mechanism, $THEO allows a maximum rent
increase of 1% (which currently rises above 30%)
· Perfect for rescuing people with little income
4. $ELFI
· Property owners can borrow using $ELFI, which
protrudes above the credit limit
· It's possible to borrow cryptocurrencies with your
own cryptos as collateral.
· In addition, as an investor, it is possible to achieve
secure returns by providing liquidity.
· Property owners can borrow using $ELFI, which
protrudes above the credit limit
· It's possible to borrow cryptocurrencies with your
own cryptos as collateral.
· In addition, as an investor, it is possible to achieve
secure returns by providing liquidity.
5. $FACTR
· You can act as a liquidity pool investor & get
relatively safe returns.
· It is possible to choose the risk class
· You can borrow money as an asset owner, which
you have to pay back in installments.
· You can act as a liquidity pool investor & get
relatively safe returns.
· It is possible to choose the risk class
· You can borrow money as an asset owner, which
you have to pay back in installments.
5) Key differences
1. $LEOX
· No working products (till now)
· Not only focus on real estate
· Business cases has a lot of potential & can reach a
wide mass.
· Comparable to crowd funding platforms with more
& better features.
1. $LEOX
· No working products (till now)
· Not only focus on real estate
· Business cases has a lot of potential & can reach a
wide mass.
· Comparable to crowd funding platforms with more
& better features.
2. $LABS
· No working products.
· Fractional investment in real estate
· Interesting use case with @staynexcom and the
rights to use resorts.
· Partnership with @Arsenal gives some security.
· No working products.
· Fractional investment in real estate
· Interesting use case with @staynexcom and the
rights to use resorts.
· Partnership with @Arsenal gives some security.
3. $THEO
· Unique concept which can help quite a few people
to get apartments
· $THEO has the first resident already onboarded.
· $THEO has strong utility, by staking $THEO to get a
membership.
· Unique concept which can help quite a few people
to get apartments
· $THEO has the first resident already onboarded.
· $THEO has strong utility, by staking $THEO to get a
membership.
4. $ELFI
· Has working products
· Interesting to investors who want average returns
with security.
· Interesting for Real Estate owners who want to
make large loans.
· Has working products
· Interesting to investors who want average returns
with security.
· Interesting for Real Estate owners who want to
make large loans.
5. $FACTR
· Offers investors & borrowers similar to interacting
with bank
· Interesting to investors who want average returns
with security.
· Interesting for RWA owners who want to
make large loans.
· Offers investors & borrowers similar to interacting
with bank
· Interesting to investors who want average returns
with security.
· Interesting for RWA owners who want to
make large loans.
6) Conclusion
All in all, it's relevant to identify for yourself what kind of project you want to invest in.
Not all RWA projects are the same.
Accordingly, I find the statement that these projects combine the real world with DeFi too superficial & meaningless.
All in all, it's relevant to identify for yourself what kind of project you want to invest in.
Not all RWA projects are the same.
Accordingly, I find the statement that these projects combine the real world with DeFi too superficial & meaningless.
I focus on projects with unique technologies & ideas.
I consider which project has the greatest potential for a successful future.
If the project has workig products, this is a plus for me.
Don't jump in every shitty RWA project.
Think about it!
I consider which project has the greatest potential for a successful future.
If the project has workig products, this is a plus for me.
Don't jump in every shitty RWA project.
Think about it!
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