Is PinLink the next Ondo?
The era of fragmented physical assets has arrived, and PinLink has pushed my imagination of the on-chain world a step further.
To be honest, I have always felt a bit distanced from the concept of RWA (real-world assets). In the past, when I heard RWA, what came to mind were institutions operating bonds, notes, REITs... these things are too far from us ordinary users. Even if someone says 'these assets will go on-chain,' it sounds like they are just moving financial jargon; I am not clear about what can actually be done.
Until I saw PinLink launch a market called Pinnacle on the Ethereum mainnet, and their first batch of listed assets were surprisingly 'physical mining machines'—real machines that operate in reality and generate Bitcoin. I suddenly felt that this matter seemed not so far from me.