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From 30 billion to 10 trillion! RWA: A revolution in assets that everyone can participate in.
RWA (Real World Asset Tokenization) is no longer a concept hype in the crypto circle, but a global financial wave sweeping the world. In 2024, the scale of tokenized assets worldwide will exceed $30 billion, a staggering increase of 317% year-on-year, and a complete revolution regarding asset liquidity is already underway. 1. What exactly is RWA? Turning 'heavy assets' into 'liquid cash'. In simple terms, RWA is the use of blockchain technology to turn real assets such as real estate, bonds, charging piles, and artworks into divisible and transferable digital tokens. It addresses the three major pain points of traditional finance.
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In January 2018, the winter was particularly cold, but the young professional Linlin was filled with excitement. She saw a prominent figure on Zhihu discussing a project called 'BBB' that claimed to collaborate with digital currencies and had obtained a license, with an ICO price of 0.1 yuan, promising to multiply by 100 times upon listing. Linlin calculated that she had 80,000 yuan in her salary account, and if she invested it all, it would amount to 8 million coins. Thinking of this made her hands tremble. The prominent figure privately messaged her: 'Only 30 internal quotas left, and more than 50 funds have already joined the VIP group.' Without a second thought, she transferred the money, even without checking the contract address. Three months later, the project party announced a 'strategic suspension due to policy reasons,' the official website was inaccessible, the group was deleted by the group owner, and the prominent figure's account was directly canceled. Linlin's 80,000 yuan turned into a hash value that couldn't be traced. She later learned that during that time, over 200,000 retail investors across the country were scammed by the same script, with a total amount exceeding 1.5 billion. When the police cracked the case, they found that the so-called 'team' only consisted of 7 people, who operated from a rented room in the Philippines, using template websites and hired trolls, managing to launch a scam coin in just three days. Linlin changed her computer desktop to a phrase: 'In the cryptocurrency world, the most expensive thing is not the transaction fees, but the IQ tax you pay for believing the stories of strangers.' The wind has gone, the pigs have fallen, but the chain remains. What can truly keep you alive is only those three words: Do Your Own Research. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $BNB {future}(BNBUSDT)