been tracking @byreal_io quietly for a week - finally digging in

• tokenizes full-stack real estate deals (not just the rent flow)

• one claim = legal docs + cashflow + chain record, nothing “synthetic”

• on-chain underwriting pairs with off-chain audits - rare combo

• cap tables stay in the NFT metadata, so secondary trades don’t break compliance

if they keep the yield net of fees above 6 % and nail the KYC flow, this could be the first rwa desk that regular defi users actually touch #ByrealReset

early days, but worth a spot on the “next-cycle income” watchlist