Having just escaped the trap of stablecoins, a new trick comes along — RWA tokens! Recently, the seven associations issued a risk warning, directly naming RWA and air coins, stating that behind them is all illegal fundraising and pyramid scheme fraud. I opened a few cryptocurrency community groups and sure enough, some people have started promoting 'Real Estate RWA Tokens' and 'Gold RWA Investment', claiming to 'put real assets on-chain and earn rent while lying down'. I almost laughed out loud; isn't this just a rebranded air coin? Today, I'm going to teach you four tricks to spot the RWA scam at a glance and protect your hard-earned money!
First, let's clarify: RWA stands for 'Real World Asset Tokenization', which simply means turning assets like houses and gold into tokens to sell in the cryptocurrency market. Sounds fancy, right? But the seven associations have clearly stated that no RWA-related activities have been approved in our country, and all promotions within the country are illegal! Those scammers are just taking advantage of people's ignorance about this 'new concept', packaging it as 'high-tech investment', but it's essentially just a way to recruit people and exploit them.
The first characteristic: No proof of real assets. Legitimate RWA projects will have clear proof of asset ownership, such as property certificates or gold appraisal reports, and must have audits by third-party institutions. But what scammers present are all vague images or Photoshop reports; when you ask them to show the original documents, they say 'business secret'. Pitfall avoidance tip: If they cannot provide verifiable proof of assets and audit reports, just pass! You can check the qualifications of the project parties on authoritative corporate information platforms; if you can't find them, they are all scammers.
The second characteristic: High returns + referral bonuses. I have seen an 'RWA project' claiming '30% monthly returns, refer one person and get 10% back', a typical pyramid scheme! In reality, the rental return rate for real estate is only about 2%-3%, and gold has almost no interest; how could there be a 30% monthly return? Pitfall avoidance tip: Remember, if the return exceeds 10%, be prepared to lose all your principal; projects that offer referral bonuses, no matter how well-packaged, are all pyramid schemes!
The third characteristic: 'Overseas operations and domestic recruitment'. Many RWA scams set their servers overseas and then recruit people domestically through WeChat and Telegram groups, claiming 'domestic regulators cannot reach them'. This is a big mistake! The seven associations have clearly stated that such cross-border infiltration illegal activities are key targets for crackdown. Last month, a project party was caught recruiting domestically, and 8 people were arrested, with an involved amount of over 200 million. Pitfall avoidance tip: Any overseas project that requires you to participate through private WeChat or QQ groups should be reported directly!
The fourth characteristic: Token prices are manipulated artificially. Scammers will first pump the RWA tokens, allowing early participants to make some small profits, then encourage them to leverage and bring in more people. Once the retail investors have been sufficiently exploited, they will dump the tokens and run away. I have a fan who fell into this trap; he initially made 5000 yuan, then leveraged 10 times and ultimately lost 200,000. Pitfall avoidance tip: Stay away from RWA tokens with low trading volume and abnormal price fluctuations; genuine asset tokenization projects won't pump like this aggressively.
My opinion is clear: RWA is just a beautiful trap for ordinary investors. New concepts in the crypto world are emerging endlessly, but they are essentially scams that just change the packaging. Regulators have made it very clear: don't hold onto the hope that you can make a quick profit and run away; the scammers' sickles are much faster than you can run.
Last reminder: If you find anyone around pushing RWA or air coins, quickly stay away and report to regulatory authorities if necessary. Follow me, tomorrow I will expose the new tricks of 'advanced phishing'. Some people had all their money cleared out of their wallets just for scanning a QR code! If you find today's content useful, follow me @链上标哥 so you won't get lost!
