The real world assets onchain thesis:
Real world assets onchain allow people around the world to access assets that are otherwise not accessible.
Global access has always been the most interesting aspect of crypto and it’s also why BTC, ETH and other coins have succeeded to date. Coins that have enabled net new behaviors and are built on a deep belief in something beyond money are not going anywhere. But people now understand that when the cost of token creation is 0, tokens pump but later dump to 0. The pump era is ending and this is great for onboarding new users.
What’s left is a massive wave of consumer adoption led by tokens backed by real world assets. It’s well underway with stablecoins but will accelerate in the next year with stocks, commodities, gov and corporate bonds, real estate and more.
Real world assets classes that are still nascent in their own right have most upside, so personally believe real world collectibles (sports cards and jerseys) onchain is the absolute best place to be building and investing rn.
Everyone wants to be contrarian until it’s actually time to be contrarian.
Right now that means betting on credible neutrality and individual empowerment and resisting the urge to chase the current thing that extractors are projecting on you.
My bet is this weekend strengthens DeFi and wrecks all the bad DeFi players who appeared like they were winning but focused on the wrong things the whole time. DYOR.