Here is the second part of this article.
Let’s discover 6 more RWA coins you should know about:
1) Xend Finance
Xend finance rebrands to Real-world assets, moving its utility token from $XEND to $RWA. The transition from $XEND to $RWA means there is a change in its tokenomics. This transition shift brings utility-based protocols to the blockchain while combining traditional and decentralized finance.
Why not save in a currency that remains steady, resistant to depreciation and inflation?
Start saving in stablecoins today with Xend Finance and earn up to 15% interest on your savings.
Download the Xend Finance app at https://t.co/PQdIR87wyq now! pic.twitter.com/un4b6LhCQ1
— Xend Finance ($RWA) (@xendfinance) March 11, 2024
Xend Finance has an application that allows you to save stablecoins and earn over 15% interest on your savings. Aside from the expected spike in price in 2024, Xend has much to offer. $RWA, Xend’s native token, is at $0.26 and has a market cap of $28.5 Million.
Xend Finance is also looking into allowing users to convert $RWA into fiat using the Xend bank app. A payment card for transactions is also on their list. $RWA has practical utility, increasing its use case in real life.
2) Grand Base
Instead of going through the hassle of getting physical assets, Grand Base allows you to trade synthetic assets on its decentralized marketplace. Grand Base uses synthetic assets on-chain, so you do not have to get the physical assets.
We are thrilled to officially announce our partnership with @TarotFinance, one of DeFi’s mainstays, and one of the most loved protocols.
Visit their protocol to benefit from impressive yields:
– Supply your $GB for a 1125% APR.
– Supply your $ETH for a 22.46% APR.
– Provide… pic.twitter.com/OMU99xHs7j— Grand Base (@grandbase_fi) April 5, 2024
The good news is that, unlike other protocols doing the same thing, Grand Base ensures these assets are stable and easy to trade. As humans, we all look for stability, and Grand Base presents it as a synthetic asset. With Grand Base, you can easily trade real-world assets on the blockchain.
$GB, Grand Base’s native token, is at $3.25 and has a market cap of $34 million.
3) Boson Protocol
Boson focuses on decentralized commerce, enabling transparent transactions between digital contracts and real-world assets. Using the Boson protocol, you can sell physical products as NFTs.
Introducing Boson Protocol’s 2024 Roadmap ⚛️ 🗺️
The base layer is complete and mass-adoption ready🔥🔥🔥🔥
At the start of the next bull market, we are aiming for mass adoption of Boson by launching the game-changing dCommerce functionality that sellers want.
In the coming… https://t.co/bMhCGKN1X6 pic.twitter.com/L2PZqtN4qI
— Boson Protocol (@BosonProtocol) March 22, 2024
The $BOSON token currently costs $0.63 and has a market cap of $79.6 million.
4) Opulous
Music enthusiasts have a place in the real-world assets space. Opulous is an RWA protocol for music on the blockchain. With Opulous, you can own a piece of your favorite song.
🚀 Huge music industry growth!
According to a new report by @midiaresearch, global recorded music revenues grew by an estimated 9.8% YoY in 2023, reaching a staggering $35 billion.
Opulous enables you to participate in this growth with $OVAULT and MFTs.
The future of music is… pic.twitter.com/YyFZSiD2Fp
— Opulous (@opulousapp) March 19, 2024
The fun fact is that Opulous is also connected with Spotify. So, you can own a piece of your favorite song while streaming it on Spotify. The $OPUL token currently costs $0.27 and has a market cap of $78.7 million.
5) Dimitra Technology
Dimitra is into agricultural AI, that is, farming using AI concepts. AI is famous for collecting and using data to solve outstanding problems. Dimitra uses AI tools to aid the agricultural chain. Using AI in the agriculture sector would improve the results from yields and revenue generated.
The $DMTR token enables access, for millions of farmers, to essential AI tools & reporting – vital for their agricultural interests.
Dimitra is committed to developing an all-in-one agricultural platform that caters to farmers across the globe, and $DMTR plays a key role in… pic.twitter.com/JL1EUAET36
— Dimitra Technology (@dimitratech) March 13, 2024
$DMTR is Dimitra’s token. It is at $0.21 and has a market cap of $103 million.
6) LTO Network
LTO network is a Layer 1 blockchain focusing on RWAs and Privacy. It connects real-world assets and digital assets while maintaining decentralization and privacy.
⚡️ LTO Network Stats Report
Week ending Friday 5th April.Network Activity – 260,738 Operations
Nodes – 90
Mainnet Uptime – 1906 Days
Amount Staked – 158,420,049 $LTO#cryptocurrency pic.twitter.com/4p5jD9HmxA— LTO Network (@TheLTONetwork) April 5, 2024
LTO Network also has a Web3 wallet that gives you complete control over your assets $LTO is currently at $0.25 and has a market cap of $107 million.
Real-world assets are ready to turn things around in 2024. They’ve already started shaking things up, and we expect more as the year progresses.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
