D҉I҉G҉I҉T҉I҉Z҉E҉D҉ Assets

[D҉I҉G҉I҉T҉I҉Z҉E҉D҉ Assets @digitizedassets]

Digital Assets: Beauty Is Not in the Eye of the Beholder
#digitalassets
https://t.co/dcGThlaRIC

[Treasury Secretary Scott Bessent @SecScottBessent]

We believe the United States should be the premier destination for digital assets.

Digital assets are an important source of innovation that can drive usage of the U.S. dollar around the world with stablecoin legislation.

[DEGEN NEWS @DegenerateNews]

BREAKING: @realDonaldTrump EXECUTIVE ORDER ESTABLISHES PRESIDENTIAL WORKING GROUP ON DIGITAL ASSET MARKETS THAT WILL BE TASKED WITH EVALUATING THE CREATION OF A STRATEGIC NATIONAL DIGITAL ASSETS STOCKPILE - PER @FoxBusiness

[Beanie @beaniemaxi]

Global crypto ownership climbs 33.8% in 2024 to 562 million hodlers – 6.8% of the global population📈🌎

[Adam Cochran (adamscochran.eth) @adamscochran]

BOOM- there it is.

All the proof you need that this isn’t just a fluke.

WH bailed on the veto *AND* issued a statement in which they call for productive frameworks to promote digital assets and payment innovation in America.

This isn’t just about an ETF or one vote.

This is an ENTIRE change in messaging and strategy.

I cannot begin to tell you how big a deal this is.

While Warren might continue to fight - the whitehouse has just given other Dems a pass to now support crypto and blockchain innovation and has backed off on blocking via authority.

Maybe the war isn’t *fully* over but like the Battle of Saratoga in the revolutionary war, this signals the beginning of the end.

A major victory, a shifting of alliances, and the enemies without support or resupply.

After decades of indecision, confusion and chilling effects, blockchains in America will finally be open for business. 🫡🫡🫡🫡🫡

[Ai Forward+ @AiForward_]

NEW: 🇺🇸BlackRock just filed with the SEC to launch tokenisation fund.

BlackRock CEO Larry Fink: ‘…the next step is the tokenisation of financial assets, and that means every stock, every bond…’

[Now Media @nowmedia]

Huge Alien Punk sale! 👽

CryptoPunk #3100 just sold for 4,500 ETH ($16 million)

[Now Media @nowmedia]

EtherRock 19 just sold for 279 ETH ($739,015) 🪨

[Chainlink @chainlink]

“Digital assets are here to stay. They are going to be part of the ecosystem that we call traditional finance … and then they will become mainstream”—@StanChart’s Waqar Chaudry.

Standard Chartered, which services 116 countries, joined #Chainlink’s The Future Is On series ⬇️

[6529 @punk6529]

Your Handy Guide

Ordinals: Art on-chain; ownership off-chain
NFTs: Art off-chain; ownership on-chain
On-chain NFTs: Art on-chain; ownership on-chain

[Jono @Jono61145535]

Just an observation 🧵

The concept of digital ownership is becoming more & more accepted by the masses. The market reflects this with the Rarepepe evaluations & so forth.

[Jim Fan @DrJimFan]

Before we have a million robots in the physical world, we will first see a billion embodied agents in virtual worlds. Gaming is the second major area I'm dedicated to in 2024. AI and Gaming are born for each other, and their happy marriage is just getting started.

On one hand, open-ended games provide a "primordial soup" for generalist AI to emerge. An agent's capabilities are upper-bounded by the complexity of the world it lives in. Minecraft is a prime example. In 2023, we saw an explosion of new algorithms enabled by Minecraft. To name a few:

- MineCLIP (from our team's open-source framework MineDojo): learn reward functions by watching 100,000s of YouTube gameplay videos.
- VPT (OpenAI): imitate behavior by pseudo-labeling actions from YouTube.
- Voyager: in-context lifelong learning with an explicit Skill Library of code.
- STEVE-1: guide actor to follow commands in MineCLIP's latent space, inspired by DALLE-2
- And many more: DEPS, Jarvis-1, DreamerV3 ...

Besides Minecraft, there are a lot more games that require extremely advanced perception, agility, exploration, reasoning, and planning. We are just starting to scratch the surface.

I believe games (and simulation in general) will provide the next trillion high-quality tokens to train our foundation models. What's cool is that these tokens are actively selected by the agent itself through exploration. It can choose to experiment with things that maximally reduce its internal uncertainties - kind of like how human curiosity works.

On the other hand, AI will lead to a paradigm shift in the Gaming industry. This year, we see a surge of community interest in Stanford Smallville, where 25 AI agents inhabit a digital town. They go to work, gossip, organize socials, make new friends, and even fall in love.

It's an exciting experiment, but we still have not felt any impact on the real games out there. This is because our LLMs are too boring and too expensive. If you take a look at Smallville's chat log, you will find that the conversations are not fun at all. No parents talk to their kids in such polite manner. The unit economy of deploying so many agents also does not make sense at scale.

That being said, I believe 2024 is an inflection point. The Digital Westworld is coming, and will transform the industry once and for all. Games will feel truly alive. The characters will interact with humans and each other, form relationships, take consistent actions over their lifetime, and react in human-like ways. Each game will have infinite replay value, and each player will have unique and tailored experience.

[Raoul Pal @RaoulGMI]

As the crypto economy heads towards new ATH's in value, many of you will buy "trophy asset" NFT's to celebrate not only your P&L, but also as a "time capsule" to record these special times.

This is how all art collecting works, and it compounds in legacy value over time too.

[Beanie @beaniemaxi]

5 years ago, Bitcoin maxis hated Ethereum with the same passion as Ethereum maxis hate Solana today. In the process this stubbornness cost themselves generational wealth. They were earlier than anybody and best positioned to capitalize at the time on a new chain that was mooning.

[Beanie @beaniemaxi]

A surprising number of people think they have crypto stored on their hardware wallets. Fact is, you don’t. All tokens are on the blockchain. You use a hardware wallet to securely access them. Key distinction here. Most contracts you sign have permissions open forever by default.

[Raoul Pal @RaoulGMI]

Ok, I don’t need to see more results as over 90% see a more digital world, obviously.

However I note the cognitive dissonance that people don’t believe tech and crypto are secular, non-mean reverting trends (outside of business cycle ups and downs). They provably are.

In a more digital world, most value will be stored, transferred on blockchain and most contracts will end up as NFT’s.

It’s a simple as that.

Remember that bell curve meme? Yeah, don’t be a Midtwit.

Don’t over think it.

You don’t own enough crypto or tech (or you don’t own any at all).

You will all own digital assets , it’s just a matter of when and how.

You might as well front run the institutions and the corporations for once.

And you are trying to pick value stocks and commodities instead of participating in the biggest secular macro trend in history and it’s been going for a decade or more… and it’s going to accelerate.

[0xSammy @0xSammy]

eBay just filed a patent for tokenization of collectibles.

The collectibles market is forecast to be worth $1 trillion by 2033 and eBay is primed to be a key contributor to this growth.

I'll explain.🧵(1/10)

[andrew.moh @andrewmoh]

➤ #RWA: Narratives driving mass adoption. The chosen trend for the next bull.

For those who are unfamiliar, RWAs refer to tangible and intangible assets in the physical world (e.g., real estate, bonds, commodities, etc.).

The tokenization of RWAs brings these off-chain assets onto the blockchain, thereby opening new possibilities and potential use cases.

Tokenized RWAs can be stored and tracked on-chain, thereby increasing efficiency and transparency while reducing the potential for human error.

◢ The tokenization process includes:
⇥ Origination
⇥ Structuring
⇥ Subscription
⇥ Minting & Distribution
⇥ Secondary Trading
⇥ Maturity

Currently, the TVL of RWA stands at $2.41b, accounting for 6.8% of the total DeFi TVL, which is currently at $35.6b (according to @DefiLlama).

The number of RWA token holders on Ethereum has reached 44.7k and continues to increase over time.

◢ RWA Ecosystem:

◆ Blockchains: @intainft, @provenancefdn, @realio_network, @PolymeshNetwork, @MANTRA_Chain, etc.

◆ Securitization / Tokenization: @centrifuge, @Securitize, @INX_Group, @curio_invest, and more.

◆ Regulatory: @QuadrataNetwork, @TokenySolutions, #Verite, @SpruceID and others.

◆ Real Estate: @mattereum, @RealTPlatform, @Robinlandio, @EktaChain, @Parcl, @PropyInc, @blocksquare_io, and more.

◆ Climate: @regen_network, @KlimaDAO, @weareflowcarbon, @ToucanProtocol, @FriggEco, etc.

◆ Private Fixed Income: @maplefinance, @TrueFiDAO, @ClearpoolFin, @_Fortunafi and others.

◆ Public Fixed Income / Public Equities: #Swarm, @OndoFinance, @BackedFi, @Vested_finance, #Bondblox and others.

◆ Emerging Market: @goldfinch_fi, @Credix_finance, @bru_finance, etc.

◆ Trade Finance: @defactor_, @Polytrade_fin, @consol_freight, etc.

◢ Some recent updates

- Tokenized RWA Platform #Untangled Goes Live, Gets $13.5m Funding to Bring Private Credit On-Chain.

- @Avalanche Invests $50M in RWA

- @binance Listed @UniLend_Finance to onboard Trillions worth of Tokenised RWAs to DeFi.

---------

- Bullish?
- Yes. Absolutely!

Why?

The RWA and DeFi markets have great potential for industry development.

Investment opportunities lie in platforms enabling RWA tokenization and supporting its circulation.

Another niche is providing Web 3 access to RWA for portfolio diversification.

Thorough evaluations and liquidity are crucial.

Delays in asset transfer present risks, but solutions create growth opportunities.

Incorporating RWA into Blockchain is an inevitable necessity.

It not only brings numerous benefits to the financial market but also fosters the development of the traditional market.

[Minister 🔮 @Ministerr]

This AK-47 skin just sold for $132,500 in Counterstrike 2.

And you still don’t believe NFTs are the future?

[𝙍𝙖𝙧𝙚 𝙋𝙚𝙥𝙚 𝘾𝙤𝙡𝙡𝙚𝙘𝙩𝙤𝙧𝙨 @RarePepeCollect]

$1M - $11M price targets for Nakamoto Cards by OGs in #Rarepepe space

I think it will eventually hit both. But the top for next bull run is more difficult to predict

[Scott Foo @ScottFooSpeaks]

Gn. I don’t make the rules. I just relay the information.