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!

 

[mrcurly]

So you don't have any counterargument?

This thread isn't the first to try to capitalize on a trend: VR, AR, Metaverse, etc. are some of the trends that resulted in mass registrations of domains most of which either have been dropped or will be dropped.

Even if RWA domains takes off (which it won't), it wouldn't upset me, because no one here has been able to motivate why it would take off. It would be like getting upset because the guy behind you in the line to register got a winning scratch ticket. That's not investing, that's playing the lottery.

every domain is like playing the lottery, welcome to domaining!

 

[MKA]

every domain is like playing the lottery, welcome to domaining!

So this is where we're at? Chat GPT responses and thought-terminating cliches? It's as if you're averse to criticism of your ideas.

An idea is either [objectively] good or bad, and if it's good then it will hold up under scrutiny. It's in your best interest to figure out whether or not your ideas are good before investing in them. Otherwise domain investing becomes like playing the lottery (just like how day trading becomes like the lottery if you're buying random stocks).

 

[Jannes]

Sorry about going meta, but I only see different styles "arguing" here. Fundamental analysis vs technical analysis (timing entry and exit points), perhaps also growth vs value investors.

 

[alcy]

boooooooring

 

[Internet.Domains]

 RWA's are blockchain-based digital tokens that represent physical and traditional financial assets, such as cash, commodities, equities, bonds, credit, artwork, and intellectual property....

Depending on the asset that is tokenized, the asset may be a fungible token or a non-fungible token (NFT)... Real-estate would be represented as an NFT.... Fractions of gold would be a fungible token. This is based on most consensus today... However, the regulation, and who is in charge of regulatory compliance, is under great debate at this time... Lots going on here. Wild times. Good times.

 

[Internet.Domains]

boooooooring

What???.... All financial assets boring?..

 

[alcy]

What???.... All financial assets boring?..

dont mind me... just talking to myself again... it's what all dumb people do... or smart ones... I forget

 

[MKA]

 RWA's are blockchain-based digital tokens that represent physical and traditional financial assets, such as cash, commodities, equities, bonds, credit, artwork, and intellectual property....

The question remains, why would you need (or even want) a token to confer ownership of one of your assets? Why would you put the deed of your house on the blockchain? What if you get hacked? What if you lose your wallet and key? If someone steals the piece of paper containing your wallet and key?

Depending on the asset that is tokenized, the asset may be a fungible token or a non-fungible token (NFT)... Real-estate would be represented as an NFT.... Fractions of gold would be a fungible token.

Okay, so fungible assets would by fungible tokens.

But this presents a problem. Let's say I have an lbs of gold, and I sell ounce tokens of it. The physical gold gets stolen, or sold behind your back. How can you say that those tokens still represent physical gold?

You'd need a bank and regulatory entities for this, which renders the notion of decentralization pointless.

This only presents risks and doesn't adds anything of value, and it requires an expansion of infrastructure is unlikely to ever be realized if it's even possible in the first place (since we're talking about combinatorics). And we've yet to discuss things like gas fees.

I don't see any value prospects here other than making money off suckers who buy into it.

 

[mrcurly]

great sale

RWALayer.com $8,000

Now developed too!

Let's Goooooooooo

 

[radarcrypto]

It is pretty clear that many people do not get what will happen in the next years

almost every asset will be tokenized

for sure there will be tokens representing asset with not much value or almost equal to 0 but just think about all real estate, PMs, financial assets, PE, patents, artworks, etc...

in the future you will own always more tokens...and less assets...

To understand this is more important than to know which name/domain/keyword will perform better

Who is humble and smart enough to understand it will for sure protect himself and outperform those people that are living in the old world...

 

[Kyle Tully]

in the future you will own always more tokens...and less assets...

If they are real world assets then doesn't the ratio scale at 1:1?

 

[manuelbroker89]

NFTs.com was sold 15 million USD btw..




has RWAs.com has been sold? how much ?
is there any detail??

 

[Vivere]

great sale

RWALayer.com $8,000

Now developed too!

Let's Goooooooooo

Congrats to the seller.

NameBio currently shows that RWALawyer .com also sold for $8k on the same day, but it did not. Maybe there was some kind of glitch on NB’s end or the seller of RWALayer .com mistakenly reported this when trying to report their sale.

RWAAttorney .com and RWAAttorneys .com were registered a couple of days ago, and these registrations were almost certainly motivated by the incorrect report. Others may see the report and unfortunately run off to register “RWALawyer” and its variations in every extension known to man.


@Michael, @NameBio can you guys fix this?

 

[End User King]

If they are real world assets then doesn't the ratio scale at 1:1?

There are different layers of tokenization. There are 1:1 ownership of physical property and non-tangible products being tokenized, such as IP and fractionalized physical assets. Multiple parties can own shares of the same asset. It may be rife with potential litigation and legal fine-tuning, but if this is the direction BlackRock are taking and other crypto/non-crypto institutions are exploring, then it's only a matter of time before the narrative explodes. Identity, KYC, and possibly asset valuation oracles is going to play a huge part in tokenized RWA adoption.

 

[radarcrypto]

If they are real world assets then doesn't the ratio scale at 1:1?

you are right but what I forecast is that there will be also a trend where the real ownership of some particular strategic assets will be forbidden and they will give you instead tokens that will represent a fictional ownership
but this is not the right place to discuss such themes

 

[alcy]

Congrats to the seller.

NameBio currently shows that RWALawyer .com also sold for $8k on the same day, but it did not. Maybe there was some kind of glitch on NB’s end or the seller of RWALayer .com mistakenly reported this when trying to report their sale.

RWAAttorney .com and RWAAttorneys .com were registered a couple of days ago, and these registrations were almost certainly motivated by the incorrect report. Others may see the report and unfortunately run off to register “RWALawyer” and its variations in every extension known to man.


@Michael, @NameBio can you guys fix this?

of course lawyer didn't sell same day same price lol

but almost all confused these words. cause layer ain't so hot

 

[Kyle Tully]

There are different layers of tokenization. There are 1:1 ownership of physical property and non-tangible products being tokenized, such as IP and fractionalized physical assets. Multiple parties can own shares of the same asset. It may be rife with potential litigation and legal fine-tuning, but if this is the direction BlackRock are taking and other crypto/non-crypto institutions are exploring, then it's only a matter of time before the narrative explodes. Identity, KYC, and possibly asset valuation oracles is going to play a huge part in tokenized RWA adoption.

Fractional had slipped my mind

 

[Kyle Tully]

you are right but what I forecast is that there will be also a trend where the real ownership of some particular strategic assets will be forbidden and they will give you instead tokens that will represent a fictional ownership
but this is not the right place to discuss such themes

Yes can’t wait for the future where first home buyers own a digital certificate of 1/1000 home ownership but live under a bridge

 

[Internet.Domains]

The question remains, why would you need (or even want) a token to confer ownership of one of your assets?

A token can be accessed & exchanged in an efficient manner, often bypassing needless middlemen, depending on the asset.

Why would you put the deed of your house on the blockchain?

Real-estate is one of the best use cases. What takes days to weeks, would take minutes... All while costs would go down immensely.

What if you get hacked? What if you lose your wallet and key? If someone steals the piece of paper containing your wallet and key?

Life will always throw these questions... Nothing is perfect, tweaks are being tuned up on this front.

Okay, so fungible assets would by fungible tokens.

But this presents a problem. Let's say I have an lbs of gold, and I sell ounce tokens of it. The physical gold gets stolen, or sold behind your back. How can you say that those tokens still represent physical gold?

You'd need a bank and regulatory entities for this, which renders the notion of decentralization pointless.

This only presents risks and doesn't adds anything of value, and it requires an expansion of infrastructure is unlikely to ever be realized if it's even possible in the first place (since we're talking about combinatorics).

This is where the different business models come in. Being a new industry, we will see multiple forms of monetization come about, as the industry starts & settles.

One thing to keep in mind is this would not be on the decentralized of crypto. This would require centralized participation... until someone cracks the golden grail of decentralization (if it's possible)..lol

I don't see any value prospects here other than making money off suckers who buy into it.

Assets already have value.. All RWA is doing is making ownership easy... Easy to own, Easy to exchange... Sounds basic, but it is far from.

 

[Internet.Domains]

but almost all confused these words. cause layer ain't so hot

Actually "Layer" is hot ..... "Layer" in the case of RWALayer(com) is referring to the blockchain. Native blockchains, such as Ethereum, has a "layer 2" ... Where transactions can be batched, done for less and uploaded to the native chain (Layer 1). Layer 2's are a growing part of crypto and most likely will have a part in the RWA narrative.

 

[Future Sensors]

Actually "Layer" is hot ..... "Layer" in the case of RWALayer(com) is referring to the blockchain. Native blockchains, such as Ethereum, has a "layer 2" ... Where transactions can be batched, done for less and uploaded to the native chain (Layer 1). Layer 2's are a growing part of crypto and most likely will have a part in the RWA narrative.

I can confirm this (n=1). I've sold a domain with the "Layer" suffix in .com this February, now used by a company in exactly this area.

 

[End User King]

Congrats to the seller.

NameBio currently shows that RWALawyer .com also sold for $8k on the same day, but it did not. Maybe there was some kind of glitch on NB’s end or the seller of RWALayer .com mistakenly reported this when trying to report their sale.

RWAAttorney .com and RWAAttorneys .com were registered a couple of days ago, and these registrations were almost certainly motivated by the incorrect report. Others may see the report and unfortunately run off to register “RWALawyer” and its variations in every extension known to man.


@Michael, @NameBio can you guys fix this?

Thanks, I actually reported it correctly.

I can confirm this (n=1). I've sold a domain with the "Layer" suffix in .com this February, now used by a company in exactly this

Actually "Layer" is hot ..... "Layer" in the case of RWALayer(com) is referring to the blockchain. Native blockchains, such as Ethereum, has a "layer 2" ... Where transactions can be batched, done for less and uploaded to the native chain (Layer 1). Layer 2's are a growing part of crypto and most likely will have a part in the RWA narrative.

few

 

[Vivere]

Thanks, I actually reported it correctly.

Please clarify: did you report two sales---RWALayer .com *and* RWALawyer .com---or just the sale of RWALayer .com?

cc: @Michael, @NameBio

 

[alcy]

wtf I thought layer was mcrurly sale... the dude doesnt even bother to say he reporting someone else sale lol

 

[mrcurly]

wtf I thought layer was mcrurly sale... the dude doesnt even bother to say he reporting someone else sale lol

you want babysitting too?.....just reporting