
RWAINC continues to relate directly to activity on the blockchain, backed by #RWAInc and pushed ahead by the Social Miners in @DAO Labs ’ #SocialMining Platform. Things in Week 22 involve protocols that work on their own and functions that happen in real time.
The large amount of $15 million spent on buyback and burning tokens in Q1 (which added up to 6 million tokens removed from circulation) is evidence that the financial model rewards product use rather than fast token trading. People working on Disappearing Assets at DAO Labs have investigated the ways each contract-driven burn supports openness and green practices.
Also, the recently introduced investor system helps manage the deal process by joining tokenized assets with actual economic outcomes. The supporting infrastructure is moving forward, based on $9M in funding for 10 current pipeline projects.
With Salient Yachts giving $5K as a deposit following the new onboarding, data-driven services in the community are starting. A Townhall is scheduled for June 5, but from what we can see in the current data, Social Miners are discovering details already.
DAO Labs follows this approach by ensuring precise, protocol-focused updates are put together by people working independently. In stressing actual activities and not just viral posts, $RWAINC shows what it means to provide quality Social Mining documentation.