RWAs.com to beat NFTs.com

[radarcrypto]

Couple of years ago I foresaw a 8 figure sale for NFTs.com
https://www.namepros.com/threads/2022-most-expensive-domains-wanna-bet.1262452/

Today I just discovered that RWAs.com is also for sale (have been checking the site for the past year regularly)

RWAs (Real-World Assets) are probably the biggest thing that will happen to the financial world in the next years, basically putting every single asset onchain

I have no idea how much the owner wants but this will be probably the most important domain in the market for the next future and I will be not surprised if it beats any previous record

Have a good summer domainers!

 

[Internet.Domains]

Sale

RWALayer.com
$8,000

Show attachment 261076

 

[mrcurly]

Show attachment 261083

class

 

[Vivere]

I have a sizeable collection of RWA names. There hasn't been much action beyond a few lowball offers and two unimpressive sales: RWACasino.com for $5,000 last year and RWAChain.org for $1,499 recently. Still, I'm fairly optimistic...

I find the RWA concept somewhat interesting and far more substantive than NFTs, but there's been excessive hype and little to no compelling applications of the concept out there. As far as terms go, I believe "RWA" is a stronger term than "RWAs", but neither is unfortunately as sticky as "NFT" or “NFTs”.

To newbies considering the RWA train — there's a lot of potential and much else to be excited about, but please be aware: (1) The RWA train isn't new and you are not early, (2) most crypto folks/projects don't care to invest in good domains; they're here for a good time and don't really plan to be here for a long time, (3) not all RWA projects will use the term “RWA”, and (4) 98% of the best RWA names have already been registered. 1% of the good stuff that's left to register would probably be lucky finds or drops; the other 1% would be off-the-press regs that require hawk eyes and fast fingers.

 

[mrcurly]

Acquired

 

[End User King]

Nice acquisition

 

[Internet.Domains]

I have a sizeable collection of RWA names. There hasn't been much action beyond a few lowball offers and two unimpressive sales: RWACasino.com for $5,000 last year and RWAChain.org for $1,499 recently. Still, I'm fairly optimistic...

I find the RWA concept somewhat interesting and far more substantive than NFTs, but there's been excessive hype and little to no compelling applications of the concept out there. As far as terms go, I believe "RWA" is a stronger term than "RWAs", but neither is unfortunately as sticky as "NFT" or “NFTs”.

To newbies considering the RWA train — there's a lot of potential and much else to be excited about, but please be aware: (1) The RWA train isn't new and you are not early, (2) most crypto folks/projects don't care to invest in good domains; they're here for a good time and don't really plan to be here for a long time, (3) not all RWA projects will use the term “RWA”, and (4) 98% of the best RWA names have already been registered. 1% of the good stuff that's left to register would probably be lucky finds or drops; the other 1% would be off-the-press regs that require hawk eyes and fast fingers.

Yes, I would not expect any substantial offers yet. Yes, the "RWA" term has been around, it's not new... However, "NFT" term was being used for at least 5 years before the momentum swung in its favor, and it hit.... When the momentum swings, it's best to have a good position. Preperation and planning are key ingredients to success....imo

 

[Fryo4life]

What is the value proposition of real world assets domain to end users?

 

[mrcurly]

Odds on that Trumps family are going to turn trump tower into tokens

Trump’s Sons Tout New “Digital Real Estate” Era with New Crypto Project

https://www.business2community.com/...l-estate-era-with-new-crypto-project-02820004

 

[mrcurly]

 

[MKA]

I agree with your bold tip at closing -
"If you don't understand something, don't invest in it"

Blockchain technology, or crypto, and digital assets is definitely NOT for those that have little to no understanding of the underlying technology....

Let me be blunt: Most of the crypto fanatics I've encountered don't know how to write a Hello World program in any programming language, and can only explain how the blockchain works in simplified allegories. In other words: they're tech illiterate.

I'm not saying that you're among those people, but by the way you're phrasing yourself gives me that impression from you. Then again, your finances are not my responsibility.

tech will always prosper regardless of sentiment...

This is what I'm talking about. When I read stuff like this my bullshit radar goes off.

The internet got through the rugs with scammer websites, blockchain will follow a similar trajectory...imo... Cheers

The Internet never had any major issues with scammers. Sure, there were instances of it, but most of it was constructive from day one.

Ethereum launched almost 10 years ago, and it's been nothing but pyramid schemes and failed projects. You couldn't even point me in the direction of a successful project in the crypto sphere.

And even in the blockchain ends up with some meaningful use-cases some day (which is very unlikely) it's certainly not going to be on Ethereum's blockchain, i.e. the NFT:s that are available today are going to end up worthless sooner or later.

Sure, he bought at the trend peak, so that for timing...

It's not even in use, so chances are it was bought as an investment. In which case it isn't looking good for the owner.

Don't agree on the argumentation of 3 vs 4 letters though.

No one says NFT, unless he is talking about technology level.

The art itself refers to NFTs,
and people always say NFTs.

We had this discussion one year ago or so, and people had different opinions on that.
And I respect that.

But unless my memory does not fool me, a majority hold NFTs for the superior (domain) name compared to NFT,
because it sounds better.

No one is going to call the site NFT:s, they're going to call it "NFT:s dot com." It's the same as with cars.com or domain.com, that's the curse of having niche specific one-words.

And "NFT dot com" sounds more official (for a lack of a better word) than "NFTs dot com."

The fact that you have to rely on both upper- and lower case letters to best convey NFTs.com since the s isn't supposed to be an initial is another weakness of the domain.

NFTs can be a great commercial marketplace,
NFT .com ... not really.

Ironically, NFT.com hosts a marketplace, and NFTs.com hosts a landing page.

 

[MKA]

Yes, I would not expect any substantial offers yet. Yes, the "RWA" term has been around, it's not new... However, "NFT" term was being used for at least 5 years before the momentum swung in its favor, and it hit.... When the momentum swings, it's best to have a good position. Preperation and planning are key ingredients to success....imo

RWA is an NFT. It the idea that your deed to your house (or whatever) is written down in a NFT. Even though the abbreviation is (somewhat) new, the idea is not. I heard people talk about this back in 2018.

Of course it's a stupid idea. Imagine getting your wallet hacked and the deed to your house stolen.

Also, I hate how you guy talk about it. Because none of you have described what an actually RWA is. It's a prime example of double speak.

 

[MKA]

I have a sizeable collection of RWA names. There hasn't been much action beyond a few lowball offers

Are you surprised?

43 sales might seem like a lot, but it dates back to 2006 and a lot of them contain the country keyword Rwanda.

Even then, rwadex.com was relisted for sale for $100,000 (good luck with that one), rwacasino.com still directs to its old Dan listing page.

At least rwalayer.com seems to be hosting a proper site. It's incomplete with a lot of dead links, but only 3 months have passed since the acquisition so I'd cut them some slack.

But what's notable here is the sales velocity. You're currently looking at around 1/month. Compare it to e.g. LLLL.com which are 250/month. So I'd image that these would be very hard to sell.

 

[Andreas B.]

Let me be blunt: Most of the crypto fanatics I've encountered don't know how to write a Hello World program in any programming language, and can only explain how the blockchain works in simplified allegories. In other words: they're tech illiterate.

I'm not saying that you're among those people, but by the way you're phrasing yourself gives me that impression from you. Then again, your finances are not my responsibility.


This is what I'm talking about. When I read stuff like this my bullshit radar goes off.


The Internet never had any major issues with scammers. Sure, there were instances of it, but most of it was constructive from day one.

Ethereum launched almost 10 years ago, and it's been nothing but pyramid schemes and failed projects. You couldn't even point me in the direction of a successful project in the crypto sphere.

And even in the blockchain ends up with some meaningful use-cases some day (which is very unlikely) it's certainly not going to be on Ethereum's blockchain, i.e. the NFT:s that are available today are going to end up worthless sooner or later.


It's not even in use, so chances are it was bought as an investment. In which case it isn't looking good for the owner.


No one is going to call the site NFT:s, they're going to call it "NFT:s dot com." It's the same as with cars.com or domain.com, that's the curse of having niche specific one-words.

And "NFT dot com" sounds more official (for a lack of a better word) than "NFTs dot com."

The fact that you have to rely on both upper- and lower case letters to best convey NFTs.com since the s isn't supposed to be an initial is another weakness of the domain.


Ironically, NFT.com hosts a marketplace, and NFTs.com hosts a landing page.

Hi,
thanks.


First of all,
writing NFTs I of course ment NFTs .com -- I just didn't write it out.


Second, ... your argument adding the s;

that weakens the domain in your eyes??

That's an adventurous argument.


NFT sounds more official?

Now that is an interesting argument;
why would that be more important, as we all know that there is no official institution standing behind the technology NFT,
what would also contradict the main philosophy of being Decentralized.


No, I still don't buy into the argument, NFT is better,
even if something is running under NFT.

Sure, if I would own the 3 letter domain, would I use it to create something out of it?

100%.


Would I much more like to have NFTs? also 100%.


And that is being reflected in the domain sales price as well.



But, atm NFTs (oh, there it is again) do not have HUGE hype.


Owner of NFTs .com, DigitalArtists Marketplace
is maybe just waiting for that rush, that they need, to make the site a success from day 1.

As they don't want a copycat opensea.io, with low traffic.


Btw, what traffic / success NFT .com has? - Never heard about it.

 

[MKA]

First of all,
writing NFTs I of course ment NFTs .com -- I just didn't write it out.

In terms of branding there's a huge difference between "brand" and "brand.com," and it's definitely worth pointing out when we're talking about nft.com and nfts.com.

"NFT:s' website" does not translate to nfts.com the way "Target's website" translates to target.com.

Second, ... your argument adding the s;

that weakens the domain in your eyes??

That's an adventurous argument.

It absolutely does. Grammar is extremely important for the sake of appearances, and deviations are seen as unprofessional.

NFT sounds more official?

Now that is an interesting argument;
why would that be more important, as we all know that there is no official institution standing behind the technology NFT,
what would also contradict the main philosophy of being Decentralized.

By that line of reasoning the .com should be worth less, right?

Anyway, people are drawn to what seems official. I've had people asking me if they should register their domain with whois.com because they thought it was more official, even though it's a non-accredited reseller. Similarly, a lot of new registrants go with domain.com for the same reason.

No, I still don't buy into the argument, NFT is better,
even if something is running under NFT.

nft.com only has advantages over nfts.com.

• It's shorter, meaning that it's easier to remember for people unfamiliar with the abbreviation, and more flexible when it comes to scaling up the domain for ads and billboards.
• It's far more universal (it's not limited to a marketplace for domains, e.g. apple.com vs apples.com).
• It seems more official (it's a proper abbreviation, and it's only three letters like bmw.com, cat.com, ibm.com, wbd.com)

Sure, if I would own the 3 letter domain, would I use it to create something out of it?

100%.

Would I much more like to have NFTs? also 100%.

Personal preferences do not reflect value.

And that is being reflected in the domain sales price as well.

The problem is that these domains sold at different times, to different people. Value isn't a constant.

In early 2021, NFT:s weren't promoted to the same degree they were in the later half of 2022 where you'd see them everywhere.

But, atm NFTs (oh, there it is again) do not have HUGE hype.

Owner of NFTs .com, DigitalArtists Marketplace
is maybe just waiting for that rush, that they need, to make the site a success from day 1.

As they don't want a copycat opensea.io, with low traffic.

Btw, what traffic / success NFT .com has? - Never heard about it.

Neither have I. But I'm making a point. OpenSea cornered the market, so the prospects of growth for either nft.com and nfts.com are not looking too good.

But like you said, the hype for NFT:s are dead. There are a few stragglers who don't want to sober up to the grim reality that they've lost all their money, and a few grifters that still prey on said stragglers, but that's it.

 

[Vivere]

Yes, I would not expect any substantial offers yet. Yes, the "RWA" term has been around, it's not new... However, "NFT" term was being used for at least 5 years before the momentum swung in its favor, and it hit.... When the momentum swings, it's best to have a good position. Preperation and planning are key ingredients to success....imo

I’ll emphasize some things, so my stance and intention are clearer.

I started by mentioning I have a sizeable collection of RWA names because I wanted it to be immediately clear that my perspective was coming from a place of balance. I’m not a no-stake critic or a jealous saboteur looking to spread baseless FUD, stop people from joining in, or deflate the RWA balloon. I have a significant stake in this trend i.e. I have very strong motivations to hope the trend flies high, help it fly high, and/or quietly watch it get pumped. For a better sense of how significant said stake is: I currently own more than 50 RWA names… way more, actually, and a good number of the names I own are right up there in quality. I didn't discover "RWA" or hop on it 2 business days ago or even last year. Lol.

Regarding offers and sales: It’s true that they’re usually not substantial at the early stages of a trend. But I think it’s also true to say that retail movement of RWA names has been a bit more sluggish than the usual pattern—not because one investor (me) hasn’t sold many yet, but because of the wider experience and data at hand… The RWA concept has been building up for decades, been around as a term in use for more than 5 years, and been at mainstream (using this word loosely) excitement-worthy levels for at least 2 years. If you honestly compare the sales movements of this trend with movements of the “NFT” trend, at its corresponding level, you’ll arrive at the same objective fact… We can acknowledge this fact of sluggish movement while being reasonably optimistic that booms are seemingly on the horizon. The former doesn’t negate the latter; it only calls for extra caution. And, for the sake of late entrants (esp. newbies), we should try to stress that caution more often.

Regarding good positions: Yes, I agree that it’s important to secure good positions. But the issue here is not whether or not it’s best to have good positions... It’s the ‘when’ and the ‘how’ of things. Ask yourself: When do preparation and planning work best as key ingredients to success—Is it when a test has already begun? ** When is the best time to catch a train and how can the average person successfully do it? If it’s a train that’s been in motion for a while, what are the chances they’ll get good positions in it—100%, 0%? As implied in my previous comment, I think the RWA trend is an already moving train, I know the best positions have already been claimed by a few people (myself included), but I believe there’s still a 2% chance of success the average person (aka hand registerer/lean pockets) can cautiously key into. Again, the 2% chance probably entails lucky finds and drops / hawk eyes and fast fingers.

Calling for caution and providing information hype farmers don't like doesn't mean I'm against the trend.

 

[mrcurly]

I’ll emphasize some things, so my stance and intention are clearer.

I started by mentioning I have a sizeable collection of RWA names because I wanted it to be immediately clear that my perspective was coming from a place of balance. I’m not a no-stake critic or a jealous saboteur looking to spread baseless FUD, stop people from joining in, or deflate the RWA balloon. I have a significant stake in this trend i.e. I have very strong motivations to hope the trend flies high, help it fly high, and/or quietly watch it get pumped. For a better sense of how significant said stake is: I currently own more than 50 RWA names… way more, actually, and a good number of the names I own are right up there in quality. I didn't discover "RWA" or hop on it 2 business days ago or even last year. Lol.

Regarding offers and sales: It’s true that they’re usually not substantial at the early stages of a trend. But I think it’s also true to say that retail movement of RWA names has been a bit more sluggish than the usual pattern—not because one investor (me) hasn’t sold many yet, but because of the wider experience and data at hand… The RWA concept has been building up for decades, been around as a term in use for more than 5 years, and been at mainstream (using this word loosely) excitement-worthy levels for at least 2 years. If you honestly compare the sales movements of this trend with movements of the “NFT” trend, at its corresponding level, you’ll arrive at the same objective fact… We can acknowledge this fact of sluggish movement while being reasonably optimistic that booms are seemingly on the horizon. The former doesn’t negate the latter; it only calls for extra caution. And, for the sake of late entrants (esp. newbies), we should try to stress that caution more often.

Regarding good positions: Yes, I agree that it’s important to secure good positions. But the issue here is not whether or not it’s best to have good positions... It’s the ‘when’ and the ‘how’ of things. Ask yourself: When do preparation and planning work best as key ingredients to success—Is it when a test has already begun? ** When is the best time to catch a train and how can the average person successfully do it? If it’s a train that’s been in motion for a while, what are the chances they’ll get good positions in it—100%, 0%? As implied in my previous comment, I think the RWA trend is an already moving train, I know the best positions have already been claimed by a few people (myself included), but I believe there’s still a 2% chance of success the average person (aka hand registerer/lean pockets) can cautiously key into. Again, the 2% chance probably entails lucky finds and drops / hawk eyes and fast fingers.

Calling for caution and providing information hype farmers don't like doesn't mean I'm against the trend.

perfectly said, the train has started.....

 

[Mkt Sales Leads]

That's true @alcy, see:

https://www.theguardian.com/technology/2023/sep/22/nfts-worthless-price

However, domain investors can still profit, even from hype they don't agree with. It's about good timing, mostly.

In time, Nfts will evolve to a different use case. They aren't going away.

 

[alcy]

perfectly said, the train has started...

tons of raw names regged. definitely best ones. so the train is kinda gone. but u said u sold rwa,layer for high 4fig so that's really good cause the keyword isn't like tiptop

 

[Internet.Domains]

RWA is an NFT. It the idea that your deed to your house (or whatever) is written down in a NFT. Even though the abbreviation is (somewhat) new, the idea is not. I heard people talk about this back in 2018.

Of course it's a stupid idea. Imagine getting your wallet hacked and the deed to your house stolen.

Also, I hate how you guy talk about it. Because none of you have described what an actually RWA is. It's a prime example of double speak.

Hate is a strong word.... lets clear a few things up.

RWA - Real World Asset(s)

RWA is not NFT.... RWA's consist of both fungible & Non-Fungible tokens.... It's a case by case basis.

Of course this whole subject is going through the early stages of debate & regulation. The movement is dynamic, so stay tuned and open minded...imo

 

[Internet.Domains]

perfectly said, the train has started.....

Most domainers underestimate what a "train" in crypto looks like.... It is massive, comes fast and is like nothing ever witnessed. Prepare accordingly....