Embracing the New Era of RWA: Exploring Trends and Future Roles of Real World Asset Development in the Crypto Market
The RWA track is receiving increasing attention in the crypto market, and its development trends have the following characteristics:
1) Increase in Market Heat and Institutional Participation: Large financial institutions such as Tether @Tether_to and Visa @Visa are actively promoting platforms and industry layouts for asset tokenization, highlighting the increasing importance of the RWA tokenization field.
For example, Tether launched the asset tokenization platform Hadron @hadron_tether, while Visa introduced VTAP, aimed at simplifying the issuance and management of tokenized assets.
2) Application Scenarios and Potential of RWA: From the perspective of venture capital, the application scenarios of RWA are gradually becoming clear. For example, US stocks on-chain are seen as having specific significance, especially for retail investors without US stock accounts, as on-chain trading of US stocks provides a no-threshold purchasing channel.
Binance has really been active and hardworking lately, frequently launching new products~ Binance just announced that it will list $GUN, which I think is quite interesting.
From the announcement, the total supply of $GUN has reached 10 billion, which is relatively large for a token. However, the initial circulation is only 6.05%, which is relatively low. This may help stabilize and increase the price in the early stages.
Moreover, Binance's method of distributing tokens through Launchpool is a good incentive for early participants, especially regarding the allocation of the reward pool, where the BNB pool's reward ratio has reached 80%. This is good news for BNB holders, and $GUN will likely have good market acceptance and liquidity.
50 Most Common Terms in the Cryptocurrency Space, Learn Them to Say Goodbye to Being a Novice!
1. Altcoin Originally referred to all cryptocurrencies outside of Bitcoin, such as Ethereum (ETH) and Litecoin (LTC). Now, with the development of the Web3 industry, it generally refers to all non-mainstream coins.
2. Airdrop The act of project teams distributing tokens for free to attract attention or reward early supporters.
3. Bear Market The market is in a long-term downtrend, investor sentiment is pessimistic, and prices continue to fall.
4. Bull Market The market is in a long-term uptrend, investor sentiment is optimistic, and prices continue to rise.
CZ's wind has blown in, right? A friend just sent me a CA from an account that CZ follows. Friends~ everyone must be cautious~ don't rush in blindly~ In December, project parties were looking everywhere for X accounts followed by CZ to take on ads. The price is 90u per post. Haha😆 I'm really going to die laughing.
CZ @cz_binance talked about $TST listing on#Binanceand his views on meme coins in a tweet. To sum up, CZ said TST was a test coin, which later became a meme coin, but it was not supported by him or his company. He still values the fundamentals of the project because he is a builder.
CZ is open to memes. He said he has never bought meme coins, so it cannot be said that he "likes" meme coins. Not "liking" meme coins does not mean opposition.
Why was $TST listed on Binance? CZ said he was not involved in the listing process. Why do people buy meme coins instead of utility tokens? CZ said he speculated that it might be due to regulatory pressure, speculation and the influence of meme culture.
CZ mentioned at the end that he felt that Binance's listing process had some problems. They announced the launch and then officially launched it 4 hours later. Although the notice period is necessary, the price of the token on DEX will soar during these 4 hours, and then everyone will sell it on CEX for arbitrage.
Indeed, such a listing process may bring some problems. Using the time window to push up prices for arbitrage may cause certain fluctuations in the market and is not conducive to ordinary investors who do not get information in time or cannot act quickly.
The solution to this problem is estimated to be difficult. On the one hand, the exchange needs enough time to notify users to ensure the stability of the system; on the other hand, too long a notification period may also lead to information leakage, thus triggering early trading.
Perhaps the exchange can consider the following directions: Increase the randomness of the notification period to make it difficult for the market to predict the launch time. Conduct more stringent audits before the launch to ensure that the project party and the exchange have not leaked information in advance. Monitor accounts with abnormal fluctuations on DEX and take measures when necessary. I hope that the exchange can continuously improve the launch process and protect the interests of investors.
In the currency circle, some people pursue value investment, while others like to take shortcuts. This is normal. The key is to have your own judgment and manage risks reasonably. $TST's listing on Binance is also the result of market demand and exchange competition. As investors, we still have to pay attention to the project itself. After all, investing is not just about making money, but also about learning to enjoy the fun brought by meme.
Ella Zhang, head of YZi Labs @YziLabs, proposed three criteria for selecting projects: strong competitive advantages, long-term vision of the management team, and the ability to withstand market fluctuations. This shows that they have shifted from short-term venture capital to an investment strategy that values long-term value.
This idea is the same as what CZ @cz_binance said, "Investment depends on fundamentals." YZi Labs invests in new fields such as Web3, AI and biotechnology, and its thinking is quite deep.
Their investment method is to combine the mature experience of traditional finance with the new needs of the cryptocurrency industry. These three characteristics can not only cope with market bubbles, but also provide a more stable framework for the development of new technologies.
YZi Labs emphasizes the resilience and adaptability of projects, which means that it is more inclined to invest in companies that can survive and develop in economic downturns or market fluctuations. For example, its layout in the fields of AI and biotechnology may build differentiated advantages through technology integration (such as AI+blockchain) or interdisciplinary applications (such as DeSci decentralized science).
But finding a balance between long-term goals and short-term pressures is the key to achieving long-term goals. For retail investors, this strategy is a good reference, but the risks brought by emerging technologies should also be considered.
If the market is sluggish for a long time, highly valued projects may face a liquidity crisis, which will test YZi Labs' post-investment management capabilities.
Since the little story from the previous weekend went viral Now everyone calls me 'Second Generation of Shenzhen' “Shenzhen Boss” 🤣🤣🤣 I feel there are many misunderstandings about KOLs from the outside Thinking that KOLs are internet celebrities who need to provide emotional value KOL is keep opinion leader The key is still opinion, right? As for whether you think this person’s opinion is worth following, it can only be said to be a matter of personal perspective Star said, without 10 $BTC, you’re not qualified to be a KOL. I admit I don't have it yet, but I'm still working hard Additionally, I'm not a KOL; I'm just a sharing enthusiast. If my shared content can help some people, I'm happy to do it
Recently, there has been some FUD around #BNBchain in the market. No one seems to be engaging with BNBchain right now; there’s no traffic and no funds entering. During such a hot and cash-rich period for the Solana chain, it’s surprisingly silent.
I believe Binance really needs to listen to more diverse opinions and suggestions, learn and upgrade its business management model, and support the Binance ecosystem more. If Binance neglects its own projects, it shouldn’t expect others to take care of them.
Binance has achieved the status of being the world’s number one exchange, but this position is not permanently secure. If you do not progress, it represents regression. Watching several competitors surge ahead, seizing market hotspots, ensuring product quality, and capturing user sentiment is the most fundamental basis. The crypto space is an industry where information travels quickly; if you move slowly, you will be overtaken. Nothing is forever number one.
Binance now resembles a state-owned enterprise, often referred to as an “aging company,” losing its innovative drive and vitality. It’s suggested to interact more with users, listen to their opinions, and strengthen community communication. Private conference calls are the most effective; avoid formalities like online spaces that are filled with flattery and offer no useful suggestions.
Binance's operations have also become increasingly incomprehensible to outsiders; going into spot trading signals a short position. It is suggested to continue technological innovation, such as developing AI technology, to make BNBChain stronger and more attractive. It could refer more to the operational and management models of successful companies like Tencent and JD.
Binance must constantly adapt to market changes in order to maintain competitiveness. After the labs made a big fuss about changing their name, we look forward to better developments in the future. There are too many suggestions to make, so I won’t elaborate further here, but I hope relevant departments can take this seriously.
Hearing FUD in the market can also be a good thing; it reflects a love-hate relationship. If there’s no love, just give up; there’s no time to persuade. Builders also hope to grow alongside BNBchain, to establish a better ecosystem together, and to promote industry development together. I hope Binance can gather more voices and make better adjustments.
Make BNBchain great again. Thanks to @binance for the surrounding gifts; I must say that #Binance merchandise is indeed made with great care, of good quality, and quite generous. I hope #币安 will do even better.
BIO Protocol will be listed on Binance on January 3!
BIO Protocol is a decentralized science (DeSci) management and liquidity protocol, with the token $BIO on ERC-20. Currently, it is a project on Binance Launchpool, and it will be listed on Binance on January 3, 2025. $BIO, as a project in the DeSci field, is an innovative emerging field with great growth potential. It is like bringing scientific research into the Web3 world, allowing scientists, patients, and the general public to participate in research, addressing issues faced by traditional science, such as difficulty in financing, lack of data transparency, and so on. BIO Protocol has undergone multiple rounds of financing, with its valuation continuously increasing. BIO has established partnerships with several important entities, including Pfizer Ventures and research laboratories from top universities. These partners will enhance the feasibility of the project and community support, also showing market recognition of the project.
I have previously introduced to everyone the Penguin Community @pudgypenguins, a project with strong community power. Its social views have exceeded 50 billion, and its products are spread across the globe. The development of the Pudgy Penguins community aims to involve more people in this big family to share joy and spread positive energy.
Their token $PENGU has a total supply of 88,888,888,888, and it has now been listed on Binance. #Binance
The initial circulation at the time of listing accounted for 70.22% of the maximum supply. Additionally, it is considerate that the project team has airdropped 3% of the total supply of tokens to HODLers.
$PENGU is launched on the Solana chain, but its parent company Igloo has stated that the token will adopt a multi-chain deployment strategy. This means that in the future, $PENGU will also be launched on Ethereum and Abstract Chain.
The distribution of $PENGU focuses on community building and ecological development. Through these distributions, Pudgy Penguins allows more fans to participate in the project ecosystem. Specific distribution:
- Pudgy Penguins community accounts for 25.9%
- Other communities account for 24.12%
- Team accounts for 17.8% (with a 1-year lock-up period and 3-year linear vesting)
- Partners account for 11.48% (with a 1-year lock-up period and 3-year linear vesting)
- Liquidity support accounts for 12.35%
- Promotion and public sale account for 4% each
- FTT holders account for 0.35%
$PENGU and Penguin NFTs primarily serve as a way to join the Pudgy Penguins community. This brand will showcase its charm through various retail, content, gaming, and social activities. Pudgy Penguins also plans to promote its toy products, Pudgy Toys, to a broader market, which may further enhance brand awareness and token adoption.
$PENGU is a community token full of joy and positive energy. If you like Pudgy Penguins, you might want to pay attention to it!
The volatility of the US stock market has triggered a wave of decline in Bitcoin, and the altcoin market has also experienced a collective plunge. On-chain projects have not been spared either. This pullback can be considered a normal phenomenon before Christmas.
The market always has its ups and downs; the key is to look at the strength and potential of the projects. In the long run, these tokens are still worth paying attention to. Although they have experienced fluctuations, they are strong in strength, have a solid background, and a united community. Everyone may have expectations for alpha, and now it has surged again. Good things are always ahead; please be patient. Blessings for diamond hands
1. $koma has finally stabilized at the $0.1 position under the stimulation of yesterday's good news. I heard that a big player added liquidity in this price range last night, and it feels like a new journey is about to begin. The previous chapter was from 0 to 0.1, and it seems now that it's moving from 0.1 to $1. #KOMA
2. The two established AI projects on bnbchain, $aicell and $joi, are among the few AI projects on #bnbchain, and their potential is still significant.
3. The new AI project on #solana, $kra: is a combination of AI and DeFi. Although the product still has room for improvement, its potential is quite good.
4. $aimonica is a project strongly supported by #animoca, clearly a key development target.
Binance Alpha is actually Binance using its expertise and technical analysis in the industry to pick out some potential tokens.
These tokens are projects that the community is very interested in, are becoming more and more popular, and are in line with the general trend in the cryptocurrency field. Although there is no guarantee, some of the tokens displayed on Binance Alpha may be considered for listing on Binance Exchange in the future.
In this way, users can get an advance understanding of projects that may have a long-term impact on the blockchain and Web3 fields.
Starting from December 18, 2024, everyone can explore new projects on Binance Alpha, which can be seen through the Binance wallet. Five tokens will be announced on the 18th, five more on the 19th, and five more on the 20th (subject to change).
There will be more token announcements later.
Binance Alpha is very simple to play:
1. Preparation stage: First, you need to have a Binance wallet, remember to back it up, and then update the Binance app to version 2.93.0 or above, so that it is smoother to use.
2. Before the launch: Pay attention to Binance's official social accounts, where there will be announcements of new tokens being launched. In the Alpha section of the "Market" menu, you will see the countdown and chain-related information. Remember to leave enough money in the native tokens of the main chain for easy purchase.
3. Launch announcement: Tokens are launched in batches, and each batch will only be displayed for 24 hours. During this time, you can check out the project details and buy tokens directly using the quick purchase function. Hurry up!
In short, Binance Alpha is going to be a "potential project discoverer" to help everyone find tokens that may become the next big hit. If you want to know the latest news, you can follow the official account of Binance Wallet.
As an NFT project, Pudgy Penguins has surpassed Bored Ape Yacht Club in market value and has become the second largest NFT project by market value, with a market value of approximately US$772 million. The success and growth of this project can be analyzed from several key aspects.
First, Pudgy Penguins has undergone a major transformation and recovery. In early 2022, the project had experienced difficult times, including a sharp drop in the reserve price and disputes within the team. However, Luca Netz took over Pudgy Penguins in 2022 and successfully turned the situation around. With a background in digital marketing and e-commerce, Netz focused on building the brand, transforming Pudgy Penguins from a simple digital collectible to a globally renowned and beloved brand.
Second, Pudgy Penguins' community building and ecological development are the key to its success. The project team works closely with community members to shape the future of the brand. Community members are not only investors, but also ambassadors of the brand. In addition, Pudgy Penguins has launched its own token $PENGU with a total supply of 88,888,888,888, which will give more fans the opportunity to participate in the project ecosystem. The distribution of tokens focuses on community building and ecological development, showing the importance of the project to the community.
Finally, Pudgy Penguins' market performance is also very strong. For example, its NFT floor price rose by 19.87% in 24 hours to 17.98 ETH, with a market value of approximately US$617 million. This growth reflects the market's recognition and demand for the Pudgy Penguins brand and its NFTs.
Pudgy Penguins has become the second largest NFT project by market value thanks to its effective brand building, community participation and market performance. The success of this project shows the importance of brand building and community participation in the field of cryptocurrency and NFTs. #Pudgy#Penguins
I took a serious look~ The number of friends of #UXLINK on LINE has exceeded 500,000, and this is only 35 days after they announced their entry into LINE! This speed is really fast.
UXLINK is the largest Web3 social platform in the world, and they are currently working with partners to build the Social Growth Layer. Their proposed idea of "One Account, One Gas" truly allows users to experience the seamless connection between Web2 and Web3. It seems they really want to provide users with the best Web3 experience!
By the way, the largest user group of LINE is in Japan, and it looks like UXLINK is aiming to replicate its glorious achievements in the Japanese market, just like they did in Korea. They have already achieved great success on Telegram before, and now as the first large Web3 project to enter LINE, they attracted 500,000 new users in just one month—this momentum is incredible!
Currently, UXLINK's market value is only 100 million dollars, and in this imitation bull market, there is great potential for future development. Moreover, $UXLINK, as Universal Gas, will be needed throughout the entire ecosystem, so buying demand is definitely promising. We can look forward to UXLINK's follow-up performance on LINE!
[Bitcoin is soaring, altcoins are revelling! The crypto market is in the midst of a small spring, is the bull market back or is it just a kite flying high in the sky? ]
Haha, the cryptocurrency market these days is like a roller coaster ride, which has made everyone's heartbeat fly! This wave of Bitcoin's rise is indeed interesting, just like the "leader" in the crypto market. As long as it exerts its strength, the altcoins behind it (that is, Bitcoin's younger brothers) will follow and get excited. You see, Bitcoin is like ordering a large round of drinks in a bar, and everyone is starting to revel. The altcoins were originally lying in the corner drinking plain water, but when they saw the big brother take action, they also followed the table to drink high-end wine, and the price also soared.
However, whether the bull market is really back is a bit like staring at a kite in the sky. How high it can fly depends on the wind. Bitcoin drives altcoins, which is more of a boost to market confidence, and the recent good news from some large institutions and countries has added fuel to the market. Don't forget that the volatility of the crypto market is still large, and it is common to stand guard at high positions if you are not careful.
As for the comparison with A-shares, it feels a bit like the comparison between Big Brother and young people. A-shares are a bit like business men in suits, steady and steady, with small daily fluctuations, following the rhythm of "working and slacking off". The crypto market is young people wearing trendy brands and covered with tattoos, with hot tempers, emotions that come and go, and jumping up and down every day. Although it is exciting occasionally, it is also easy to fall.
In short, the current crypto market is more like a small spring. Whether it can really enter a big bull market depends on the subsequent market sentiment, policy support and macroeconomic trends. It's okay to have a good time in the short term, but you have to stay rational in the long run.
Without considering other structural problems, from a purely technical financial perspective, if we really want to release a large amount of money, we should only have the financial conditions to do so when the interest rate differential between China and the United States is zero. Because when the interest rate differential between China and the United States is negative, that is, when the interest rate in the United States is still higher than that in our country, there will still be a large amount of funds that tend to hold US dollars to earn high interest returns rather than convert them into RMB. So in this case, if you do a large amount of money release, the United States will definitely seize this opportunity and suddenly raise interest rates again, absorbing the funds released again and flowing to the United States.
Once the money is really released, after the asset prices of the real estate market and stock market are pushed up, a large amount of funds that have been untied will take the opportunity to sell, and then continue to choose to go to the United States. Therefore, before the interest rate differential has narrowed to zero, advocating for a large amount of money release is actually advocating for others to do the wedding dress. Although the stimulus of large-scale money release will raise domestic asset prices, due to the fact that the United States is raising interest rates at the same time internationally, the money release will bring greater capital outflow pressure, which will eventually be transmitted to the RMB exchange rate, forming a strong depreciation pressure. In fact, to put it bluntly, it is necessary to strike a balance between the exchange rate and asset prices. If we do a large-scale money release, we will choose to protect assets and give up the exchange rate. However, once the exchange rate is lost, how can we protect the assets?
If we release a large amount of money, the property market will rise again, and the economy may be active in the short term, but the exchange rate may have to depreciate significantly. After the depreciation, the US dollar is equivalent to a disguised appreciation. The prices of imported goods in the United States have fallen sharply, their inflation crisis has been resolved, and our property market bubble has become larger. This is equivalent to the risk being transferred from the United States to us.
The distribution system and the currency issuance system are currently very beneficial to big capital, which is equivalent to leaving them a backdoor in a targeted manner. If this loophole is not blocked, the effect of large-scale money release will definitely be half the effort with twice the results. Even if more money is released, the money will not reach the hands of the resident sector in the end. It may promote economic development in the short term, but it will definitely have a negative impact in the medium and long term. Because it cannot solve any fundamental problems, it will aggravate the current structural contradictions.
"Such a handsome founder was arrested" Pavel Durov
Impact on the TON ecosystem
Short-term negative impact: As a key figure behind TON, Durov's legal troubles have put a short-term freeze on the TON ecosystem, and the future direction and stability have become a problem. The market also doubts whether TON's decentralization is true, and everyone will pay attention to whether the project is too dependent on the founder.
Increasing regulatory pressure: Once Durov was arrested, the government set its sights on TON. Encrypted chat and decentralized platforms became the focus of attention, especially for fear that they would be used for bad things. Now, other countries may also join in the fun and investigate TON, which will increase the pressure of compliance.