Real World Assets Fluke or For real - Emmanuel Tope

J JM everyone GM GM everyone come on GM um please my slide but I can work with without it so hi everyone my name is Emanuel I'm talking about reward assets is it for real or just a fluke now um it's very important to know about reward assets um why is one of the foundation of defi as I'll be showing us in today's talk one of the foundation of defi let me just go straight to my talk so is what said is it the next big thing or was it the next big thing right as supported by chain link tokenized reward asset is growing massively um I can show you a chart for that so this is from defi Lama reward asset July 2022 2 low L low spiked up by 2023 and we are still enjoying that Spike till now if you are the real OG of Bitcoin you will know that when Bitcoin started Bitcoin was not pegged on usdt how many of us know that there was no bc/ USD now as I'm going to be showing in the talk the first one of the first um one of the first examples of reward asset was what we call now stable coins so um how does that work I'm going to show you that so this is August 20 August 25 2024 this is September October 25 2023 this is 2024 see the chart right so there there's something happened in 2022 that created this crazy tvl for what do you call it for reward assets so what the he is this is just tokenization of tangible assets that exist in the physical World being brought on chain including cash including what we call cash right now these are your work you have all these things of change currencies commodity real estate carbon credit bond art intellectual property even stocks then they tokenize it how firstly there's a metric for tokenization for USD stable coins is one ratio one right for gold it differs when you tokenized good can be maybe something ratio one ounce or one gram of gold right so Bring It On chain and the reason why it's brought on chain is so that it will be tradable that's the reason why you bring tokenized asset on chain um so one of the earliest form like I said exists in form of stable coins many people don't know this I know in the beginning of this year rwa became a Vibe everybody was talking about Uno finance and all of that stuff but rwa has always been the reason why you can trade in defi is because this organization tokenized USD and you can now Peg whatever you can trade Solana usdt you can sell you can do based currency and quote currencies because of this tokenization now in 20 in 2022 2021 2022 through UNC colorized lending these organizations were able to also create a borrowing pool a pool allowing institutions to borrow funds based on credit worthiness I'll drop this slide on Twitter so you can always check as defi heed you know increase in 2023 tokenized treasury saw an explosive growth now many of us know about Uno last year it was about like very very little but as at April skyrocketed and that's because Uno is about tokenized treasuries us treasuries right so now the the big question is what difference between rwa and digital assets r and the main difference basically is that is how their value is derived now digital asset like cryptocurrencies are determined by the forces within the market demand and Supply belief greed and fear that's what determine but for what do you call it for example BTC flux way due to supply and demand obviously and governmental whatever and it's also a def deflationary asset with only 21 million coin in circulation but on the other end tokenized reward asset have more tangible values in traditional finan ecosystem like Precious Metals raw whatever they are tied to tangible Commodities therefore they are not doesn't look like the Gen really so then what are the examples of reward asset like I said stable coins is one of the biggest examples of reward asset in fact that's the most it has the highest volume if you check it on Def def Lama the highest tvl is with stable coins stable coins like usdt um this is a chart table coin like usdt usdc PD um I didn't add it to this chat PayPal USD also has joined and they also have different chain like I told you how is token how is um our asset being tokenized you take it to a chain right and this is it t is on can say a lot of chains that Bitcoin blah blah blah blah all of the chains that some of these stable coins you know are buil on um quick one so yeah this is also a chart to show the dominance of stable coins see the dominance of usdt even on the charts um when you go to coin geeko first second third fourth is usdt right so currently reward assets they are predominant comprised of this USD P tokens now there's also commodity backed tokens and this is where stuff like te goat comes in place and packs go they are basically pegged on good and like I told you their value look at something over here uh what is it this while X and pxg are both prices of one TR oun of physical gold other people uses one gram of gold so there is a unit of measurement right there's a unit of measurement so maybe if you if you own one PX AG it means you own one ounce of physical gold right so there's also despite the dominance of this precious metal token backed by Community other Commodities have also been launched for example uranium has been launched right now there there always pass through Street protocols and Street compliance protocol this is a chart to help you another one this is a big one that is making a lot of money now is stoken treasuries and this happened during the Beer Market 2021 2022 like I show you in that chat something happened in 2022 right so during this crypto be Market there was a search in the demand of tokenized Treasury which we low risk and you also they generated steady yield um onized Commodities they are backed directly by the treasuries but they also need kyc there's a need for kyc um quickly so this is a chart like you can see there's Franklin there's Uno there's Matrix there's back there's astronut there's open there's superstate this is their native chain this this was their this their market cap and these are the current custodians right um I I drop this um whatever so what is the structure this is the structure of a tokenized asset basically custodian treasuries and the tokenized treasuries issuers can always I'll will drop this on Twitter so you can always follow it there's an issu and after the fund is been created there's a kyc that has to happen before you can be able to you know acquire it now this is an example of the to quote un unquote the word of tokenization or tokenize or reward asset we have private credit real estate how many of us know us of pacu pacu literally how many of us stick on pacu how many of us provided liquidity for them so what they are doing is that they using your liquidity to actually get real estate then they now trading those real estate on chain uh there's exchange there's at and collectibles obviously there's refi regenerative Finance that's carbon credit and there also stable coins the dominant ones then there's also a project called tonet which I work for as a community manager they actually a revolutionary modular gaset they are one chain and basically all they use that they use tokenization to address real world situation recently we U provided Farmers with fertilizers helped with plastic weight and also tokenize electricity and also else right this is one of the U post from us Aid um supporting one of the projects that we are incubating which is agrii and they have life supplying 600 Farmers with fertilizer in in kaduna um so example the next example is regenerative Finance all of us know about this if you don't know that you can read about carbon credits right I don't want to take a lot of time so this is tokenized carbon credits there's ocean Mar conservation renewable energy very very important and there's public good um even web3 bridge is also enjoying from public good right basically what web3 bridge is building is considered as public good training people for free um so uh um yes real estate real estate arts and collectibles and all that these are just examples basically um I'll drop the chart so looking ahead what then will reward assets do in defi like I said usdt the Advent of usdt actually created this ecosystem called defi what is the power of the market what is the soul of the market liquidity is the soul of the market without liquidity you can't trade you can't buy you can't sell and that's what happen when the rock pull a project what happen pull out liquidity you see your money increasing but you can't have it in your wallet yes or no 10 minutes is done okay