When I first heard of Crypto, I thought it was a Ponzi scheme or 'yahoo yahoo' as we called it in our local parlance.
I was drawn in when I heard it was legit and there were lot of wins in the space.
'Let Web3 did for me too'. ๐
But there was a burning question on my mind - What value does Crypto offer to the real world?
This became clearer with the introduction of the Tokenization of Real World Assets (RWA)
This simply means that we could have assets like houses, gold, government treasury bills, bonds and even company debts, traded as crypto tokens or coins.
Bringing such assets onchain has actually helped to make them easily tradeable, divisible and accessible, which in turn adds a greater advantage in building the global financial operating system.
Now you see why I'm big on RWAs.
Although I could say one way to contribute or benefit from this aspect of DeFi is by being an investor, and of course with its tokenization, everyday people can also own fractions of these real world assets that would have otherwise being reserved for only big investors.
Several RWA projects have come up in the last years and helped crypto users get acquainted with the tokenization of real life assets, usually focused on a particular area.
Now imagine you had to invest across different assets on different platforms, it would be so hard to track and manage...this is where @eldora_rwa comes in.
Eldora hasn't come as another RWA project. Instead, they are a neutral aggregator that offers tokenization, and a dashboard for tracking multiple assets all in a single platform.
The Eldora Beta Test is coming and this involves an experience that goes beyond earning yields, rather you become one of the fore runners to shape the upcoming strongest crypto narrative and its value using real world assets.
You can head over right now to their official website to gain early access and join me to build with Eldora this time.
Link: https://t.co/DmlWc4WUuc
Check comments to join the community on discord....
Build with Sophie
#ELDORA
#RWA
#TOKENIZATION
#DEFI
When I saw 'Perpetual' in the Crypto space, I was curious because I only knew that to be a person's name
...or when my primary school proprietor would call out the 'perpetual latecomers', for him to baptize them with some strokes of cane ๐ญ
Fast forward to today, I now say PERPS is THE MARKET REALITY ENGINE
Let me tell a story for us to understand this concept.
Come with me....
Imagine 3 friends
@Farmercist says Bitcoin is going to $150K
@SamuelXeus says Bitcoin is going to $200K
@web3righteous says Bitcoin is going to $90K
On a normal day, this argument would last for HOURS.
Everyone will bring facts, screenshots, conviction, ego and charts. And maybe, just maybe, the one with loudest voice might shut the others.
But who can tell which of them is right?
________________________
Now imagine a tool where you donโt have to prove an argument with words,
You simply place your belief on-chain.
If you believe itโs going up, you long.
If you believe itโs going down, you short.
This is what Perpetual Futures is all about.
Perps remove too much 'talk' and makes you prove your belief with your money.
It shows real belief because humans can actually lie with their mouth.
But capital barely lies.
Perps is like a real life scoreboard of what people actually think the future price should be now.
Perps is not gambling.
Perps is real time price discovery.
And when the world financial operating system moves fully on-chain, even real life assets as we can already see, Perps will become the engine that shows the reality of prices faster than legacy markets ever can.
Maybe that's why I am slowly becoming obsessed with it.
I'd continue to study it deeply and talk about it in very simple language until I have enough funds to join the argument ๐
I know when this next cycle fully unfolds, the people who understood Perps early will not just survive the bull run, they will dominate it.
Till then, Keep building...