🚗 Unbuilt Cars, On-Chain Hype? Jia Yueting’s Web3 Play Just Got Wild!
Imagine turning cars that don’t even exist yet into blockchain-based “assets.” That’s exactly what Jia Yueting is doing—spinning over 10,000 unfulfilled Faraday Future (FF) orders into a futuristic financial stunt using Web3 RWA mechanics.
💡 The pitch? Treat these pending EVs as future cash flows, tokenize them, and use them to raise USDT for production—before a single wheel hits the road.
🎯 The two key players driving this new-age narrative:
HabitTrade – bridging traditional assets with stablecoins
RWA Group – known for flashy NFT moments, now diving deep into financial packaging
🔥 While this storyline might spark short-term market buzz, it’s layered with serious red flags:
❌ No legal security on pre-orders
⚖️ High risk of regulatory backlash (think: U.S. SEC storms incoming)
This isn’t just a Web3 flex—it’s a reminder that narrative can fuel hype, but substance drives sustainability. Keep your eyes open. 👀
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#FaradayFuture #Web3Finance
#RWA #CryptoNarratives #TokenizationRisks #SEC