Viewpoint: RWA is difficult to find a product-market fit.

OKX researcher Sally G believes that it is difficult to find PMF (Product Market Fit) for RWA, and alternative and non-standard RWAs are emerging.

Logic: 1) TradFi. Reduce trading costs, increase trading transparency and efficiency; enhance the composability of financial fundamentals, and provide more hedging tools; activate foreign speculators and institutional funds. 2) DeFi. Support and amplify the DeFi speculation cycle; introduce a large amount of liquidity and expand the DeFi user base; the stablecoin direction has been validated by the market.

Classification: 1) Based on asset form: standard and non-standard; 2) Based on asset category: fiat currency; fixed income (bonds, credit, etc.); equities; alternative assets (real estate, collectibles, commodities, etc.).

Conclusion: 1) It is difficult to find product market fit (due to uncertain regulatory environment, limited traction, and high-quality underlying assets); 2) Alternatives and non-standard RWAs are emerging; 3) US bond RWAs maintain a leading position; 4) Recognition of transactions in the crypto community.

Reference: https://twitter.com/bigfoxko/status/1678710341382078464

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Gambling Chain Logo
Industry
Digital Asset Investment
Location
Real world, Metaverse and Network.
Goals
Build Daos that bring Decentralized finance to more and more persons Who love Web3.
Type
Website and other Media Daos

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