1confirmation founder: The next wave of crypto market user growth may be driven by RWA tokenization
According to Odaily, 1confirmation founder Nick Tomaino stated on the X platform that bringing real-world assets (RWA) on-chain will become an important direction for the next phase of crypto industry development and is expected to drive mass consumer adoption. The core value of on-chain RWA lies in enabling global users to access asset classes that were previously difficult to obtain. “Global accessibility” has always been one of the most attractive features of the crypto industry, and is a key reason for the success of crypto assets such as Bitcoin and Ethereum.
Nick Tomaino believes that crypto assets which drive new behaviors and go beyond pure monetary value will continue to exist for the long term. However, as the market gradually realizes that the cost of creating tokens is close to zero, the model of relying solely on token issuance to drive price increases has become unsustainable, and the growth cycle of many “hype-driven tokens” is coming to an end. In the future, the market will enter a new stage of growth driven by tokens backed by real assets. Currently, stablecoins have become the most mature use case of RWA applications, while in the coming year, the on-chain transformation of assets such as equities, commodities, government bonds, corporate bonds, and real estate is expected to accelerate further.
Nick Tomaino stated that on-chain physical collectibles (such as sports trading cards and jerseys) may become one of the most promising RWA directions for construction and investment. As the speculation-driven token cycle fades, on-chain assets with real asset backing and practical use cases will be key to attracting the next wave of users into the crypto market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
