People hate the thought of regulations hitting the space but the fact is thereβs an infinite amount of shit projects compared to 2017 and 100x the amount of shit projects compared to 2021. Liquidity is spread thin, more rugs than ever, token hype last a hot minute, constant rotation of narrative, and real projects building actual utility are getting overlooked more than ever. Exhausting tbh. CT influencers shill straight fkn garbage 95% of the time.
Compliance is coming and I hope itβs structured to allow real projects to continue to build without major hurdles but yet has road blocks for shitcoins.
#WashTheTrash
#TheGreatRegulatoryReset
#RWAβs have the biggest opportunity for actual adoption this space has ever seen over the next 5 years and itβs not even close. This is cryptos opportunity to shine. This is our internet moment. Donβt fack this up CT. Thereβs some legit projects building in this sector and a lot more that are straight vaporware.
If you follow me you know I discuss
$ID @EverestDotOrg regularly. Itβs unarguably underperformed like a lot of real projects but once you understand what theyβve built, how far out in front of the narrative they are, the licenses they hold, what their legally capable of doing, being grandfathered into
#MICA, and you realize they are strategically positioned as well if not better than anybody else when it comes to
#RWAβs.
@bobreideverest is about as knowledgeable from a compliance standpoint as it gets and has literally called almost everything that has happened in this space over the last 12 months years in advance. Heβs built a fully compliant stack capable of being a one stop shop. Iβm betting heavy on this horse.
#WeAreStillEarly
Thereβs some other really good projects as well. Do your due diligence, position wisely, and donβt buy metaverse garbage like
$RIO
-Thanks muh rant is over