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Tokens vs. Business in RWAs
How I Really See It
There’s a clear pattern in RWAs right now:
Projects launch a token… and then go into a long stretch of actual building, thing like regulation, custody deals, real revenue, real adoption.
And honestly? That approach makes sense.
You can’t onboard the real world with shortcuts.
But crypto has spent years convincing people that speed equals success.
If the token isn’t moving, the assumption is nothing’s happening.
Meanwhile, behind the scenes, the important stuff is compounding quietly:
Legal frameworks that take months
Partnerships that take trust
Infrastructure that has to pass audits
Customers who expect reliability, not vibes
That’s the work that actually makes a token useful later.
I’m a long-term thinker, I’d rather back the team that takes the time to do it right.
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