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]

This would be a very boring forum if everyone agreed with each other, curly. Opinions are allowed to conflict respectfully and substantively, we all learn from that. The best domainers remain open to good arguments, by the way.

The best domainers don't have time for personal attacks....

 

[bmugford]

The best domainers don't have time for personal attacks....

The best domain investors have lots of free time.

Brad

 

[mrcurly]

This would be a very boring forum if everyone agreed with each other, curly. Opinions are allowed to conflict respectfully and substantively, we all learn from that. The best domainers remain open to good arguments, by the way.

"good arguments" ? plain sight negativity because they have no investment is just boring imo, old school to get domains cheaper and yes we have all been there!

All good Sensors

 

[Future Sensors]

Good that you bring this up. I have also seen on this forum that things are quickly hyped with the sole intention of creating wholesale demand on this forum.

 

[Internet.Domains]

Well, that is how an open discussion works.

Otherwise, you just have an echo chamber.

Often times "naysayers" and "haters" know more about a field that many proponents do.

Just because someone invests doesn't give them unique knowledge or insight that can't exist as a non-investor.

There are plenty of domain investors that don't know much about domains. Just because you are an investor doesn't mean much.

Same in crypto, or any other investment.

Brad

Open discussion is good. Personal attacks, not so much... This discussion kinda took a curve when someone comes in and personally attacks several of us...

 

[Internet.Domains]

Good that you bring this up. I have also seen on this forum that things are quickly hyped with the sole intention of creating wholesale demand on this forum.

"Hype" must always be verified... Consider hype, but verify...

 

[Future Sensors]

"Hype" must always be verified... Consider hype, but verify...

I advocate the introduction of a 'verified hype' badge in cases where it is appropriate.

 

[Internet.Domains]

The best domain investors have lots of free time.

Brad

. .. nailed it!!... This calls me to crack the Corona.

 

[Jannes]

I just follow the money. So for me, the only relevant distinction between NFTs and RWAs is that the NFT hype was caused by retail money (which isn't coming back), whereas RWA development, just like crypto ETFs, draws in institutional money.

 

[Vivere]

Are you surprised?

Surprised? No, this word doesn’t adequately capture my sentiments.

As I clarified earlier, what I said was an unbiased acknowledgment/statement of how things have progressed so far with a call for caution at its heart. My statement didn’t say and doesn’t mean investments in RWA names won’t be profitable or that they will be for that matter.

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

1.) Yes, you're correct, most of those sales (95% or even more) have nothing to do with Real World Assets and everything to do with Rwanda. I think this much has been/is obvious, but I like that you highlighted it, for the benefit of those who didn't know.

2.) My investment thesis wasn't based on the number of Real World Asset domain sales in Namebio or elsewhere. The related sales there hadn't been reported or even happened when I began investing in RWA names.

3.) Of course, sales velocity is a key aspect to monitor as a trend progresses... I'll admit that the lackluster velocity has been one of the factors that have restrained me from adding some of the additional names I spotted along the way... Still, I can honestly say that it hasn't changed my core belief which is that RWA names, regardless of what I think of the concept or term, are/will be a profitable play for me.

4.) Stressing again here, extra caution is needed. No one should buy the hype blindly. Everyone should remember positions and motivations are different.

 

[Vivere]

yes opinions that suit RWAs thread

Strongly disagree.

We're here to discuss, exchange ideas, and learn from different perspectives.
Multiple truths can exist and be valid at the same time.
Opinions that don't suit the agenda are especially needed in this case.
None of said opinions can stop your names from selling if they're destined to sell.

 

[alcy]

well that thread went to shit real quick

 

[MKA]

I can tell you are having a hard time understanding my position

That's because you're not explaining your position.

You've yet to explain what an RWA actually is, even after you told me that my definition wasn't accurate, and after I explicitly asked out to define it.

and opinion based on my many years participatibg in the crypto biz.

Opinions are worthless if they can't be motivated by reason. Most crypto enthusiasts have lost money. Some still lose money. Why? Because they get caught up in the emotional element of it. In fact, many display an aversion to precaution, calling it "FUD" (fear, uncertainty, doubt), which should tell you all you really need to know about the prospects of the community.

As an investor, you have to be cold and calculative, and make yourself aware of the risks and potential rewards so that you can weight it accordingly and decide whether the risk is worth it.

... I would offer some advice, but you don't seem too open to it, at this time.

I'm always open to advice. But I don't care for bad analogies, or buzzword sallads.

If you can explain to me what an RWA is (and what it isn't), why it's useful, how its implementation would benefit society, and why it's inevitable, then I'd personally invest in it.

But if your response is "it's innovation, solutions, technology, the future, etc." then not only are you not explaining it, you're showing that you don't understand it. Because your understanding of it is limited to marketing jargon.

 

[mrcurly]

2 more "RWA" sales will be reported soon by a namepros member, 1 is probably enduser sale too!

I'm being quiet because I have two more RWA sales. One definitely is an investor. The other one may be an end user because of the price. Both names begin with RWA. I will report when the LTOs are paid up.

Let's Goooooooooo

 

[mrcurly]

I'm always open to advice. But I don't care for bad analogies, or buzzword sallads.

If you can explain to me what an RWA is (and what it isn't), why it's useful, how its implementation would benefit society, and why it's inevitable, then I'd personally invest in it.

Sure -

https://www.bitcoin.com/get-started/what-are-real-world-assets-rwa/

 

[MKA]

There are domainers / developers that register using whois.com or domain.com, to look more 'official'??!

No. Not to "look" more official. But because they think these sites are connected to ICANN or some other organization, and thus safer.

I'd say NFT is the one domain that is a bit limited, in my eyes,

nft.com doesn't have any limits that nfts.com doesn't. Nft.com only has advantages over nfts.com.

Btw, "personal preference does not reflect value actually" speaks for me

That's why I broke it down the advantages to its components.

Ideally you'd own both. But if you have to limit yourself to one then nft.com is better.

 

[mrcurly]

That's because you're not explaining your position.

You've yet to explain what an RWA actually is, even after you told me that my definition wasn't accurate, and after I explicitly asked out to define it.


Opinions are worthless if they can't be motivated by reason. Most crypto enthusiasts have lost money. Some still lose money. Why? Because they get caught up in the emotional element of it. In fact, many display an aversion to precaution, calling it "FUD" (fear, uncertainty, doubt), which should tell you all you really need to know about the prospects of the community.

As an investor, you have to be cold and calculative, and make yourself aware of the risks and potential rewards so that you can weight it accordingly and decide whether the risk is worth it.


I'm always open to advice. But I don't care for bad analogies, or buzzword sallads.

If you can explain to me what an RWA is (and what it isn't), why it's useful, how its implementation would benefit society, and why it's inevitable, then I'd personally invest in it.

But if your response is "it's innovation, solutions, technology, the future, etc." then not only are you not explaining it, you're showing that you don't understand it. Because your understanding of it is limited to marketing jargon.

What are Real-World Assets (RWAs)?​

RWAs are tangible assets that exist in the physical world, such as real estate, commodities, and art. These assets represent a significant portion of global financial value but have been underutilized in the crypto world. The rise of DeFi now allows these assets to be tokenized, bridging the gap between traditional and cryptocurrency markets.

Tokenizing RWAs can lead to a more inclusive financial system, offering investment options similar to those found in traditional financial institutions.

How to Tokenize Real-World Assets​

Tokenizing RWAs involves several key steps:

• Asset Selection: Choose a physical asset and assess its value and legal requirements.
• Token Specifications: Decide on the token type and standard, and define token properties.
• Legal and Regulatory Compliance: Ensure compliance with relevant laws and obtain necessary licenses.
• On-chain and Off-Chain Selection: Choose a blockchain network and deploy smart contracts.
• Ongoing Asset Management: Maintain regulatory compliance and manage governance and revenue distribution.

These steps ensure that RWAs can be effectively tokenized, enabling easier management and trading on the blockchain.

Types of Real-World Assets That Can Be Tokenized​

Various asset classes can be tokenized, each offering unique benefits:

• Real Estate: Allows fractional ownership of properties, managed through smart contracts.
• Art and Collectibles: Unique artworks and collectibles can be represented as non-fungible tokens (NFTs).
• Books and Music: Cultural works can be tokenized as digital files.
• Intellectual Property: Tokens can represent shares in future revenues from creative works.

Key Benefits of RWA​

Tokenizing RWAs offers several advantages:

• Enhanced Liquidity: Converts illiquid assets into tradable tokens, allowing for 24/7 trading.
• Fractional Ownership: Lowers entry barriers for investors and facilitates portfolio diversification.
• Global Accessibility: Overcomes geographical restrictions, enabling global investment.
• Reduced Administrative Costs: Eliminates intermediaries, reducing costs and streamlining transactions.
• Portfolio Diversification: Provides stability and reduces exposure to crypto volatility.
• Attracting Traditional Finance Capital: Increases adoption and growth by attracting institutional and retail investors.

Challenges Facing RWAs​

Despite their potential, RWAs face several challenges:

• Regulatory Complexity: Varies by asset type, location, and jurisdiction.
• Risk Management: Involves counterparty risk and the need for audits.
• Knowledge Gap: Lack of awareness among investors.
• Scalability: High transaction volumes require efficient handling.

Conclusion​

RWAs hold the promise of a more interconnected financial future, bridging traditional and decentralized finance.

 

[MKA]

Sure -

https://www.bitcoin.com/get-started/what-are-real-world-assets-rwa/

So it's exactly what I said it was: A non-fungible token of an asset (like a the deed to a house) that gives the owner of the NFT the legal right to that asset.

Why would anyone on the right side of the Bell Curve put the deed to their house in their wallet?

• You lose your wallet or key? You lose your house.
• Your wallet gets hacked? You lose your house.

And it would provide zero benefits. Unless you consider "it looks cool" a benefit.

I can tell you right now that this is a bad investment.

 

[mrcurly]

So it's exactly what I said it was: A non-fungible token of an asset (like a the deed to a house) that gives the owner of the NFT the legal right to that asset.

Why would anyone on the right side of the Bell Curve put the deed to their house in their wallet?

• You lose your wallet or key? You lose your house.
• Your wallet gets hacked? You lose your house.

And it would provide zero benefits. Unless you consider "it looks cool" a benefit.

I can tell you right now that this is a bad investment.

lol, come back when we are on the 100th page of sales and try to understand again!

All good

 

[MKA]

lol, come back when we are on the 100th page of sales and try to understand again!

All good

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.