Currently, RWA gameplay is mainly divided into four types:
1. Compliance RWA represented by Ant Financial, which has little connection to the cryptocurrency circle, focusing on compliance with limited actions. The current main tasks are obtaining licenses, communicating with regulators, and early connections with asset and fund parties. This type of project is capital-intensive, has no profits at present, and bets on the first-mover advantage after comprehensive policy opening, which is my entrepreneurial direction.
2. The orthodox cryptocurrency RWA projects represented by @plumenetwork, which technically have no compliance issues, but the asset compliance is questionable and may comply with certain national policies. Collaborative projects usually correspond to off-chain assets, with uncertain returns, stocks with leverage or primary and semi-primary market equity investments potentially having the highest speculative effects.
3. Entrepreneurial RWA represented by @believeapp, similar to traditional angel investing or early crowdfunding. The core issue is whether the tokens are linked to equity or revenue rights and whether they can incubate quality enterprises, currently mainly driven by speculation.
4. Various funds on the market using RWA as a gimmick, lacking real underlying assets and are essentially scams. They mainly target the elderly, promising high returns but accompanied by extremely high criminal risks.
