Group 1 - The core concept of Real World Assets (RWA) involves tokenizing tangible and intangible assets through blockchain technology, allowing for digital representation and trading on blockchain networks [1][3] - RWA is seen as a significant trend in the blockchain and cryptocurrency space, evolving from earlier concepts like ICOs and STOs, and is viewed as a bridge between traditional finance and decentralized finance (DeFi) [3][4] - The tokenizable assets under RWA include real estate, intellectual property, receivables, commodities, and even cultural relics, enabling fractional ownership and liquidity for traditionally illiquid assets [4][10] Group 2 - Hong Kong has established a regulatory framework to support RWA, with significant milestones including the policy declaration in October 2022 and the launch of the Ensemble tokenization sandbox in August 2024 [4][10] - RWA is believed to enhance liquidity, lower investment thresholds, and improve transparency and security, attracting various market participants and traditional financial institutions [4][10] - The differences between RWA, NFTs, and ICOs are highlighted, with RWA being anchored in real asset value, while NFTs focus on digital asset uniqueness and ICOs are based on project expectations without underlying asset support [5][6] Group 3 - Current challenges in RWA tokenization include asset rights confirmation, cross-border structural design, and on-chain governance, with many projects facing difficulties due to regulatory and operational complexities [7][11] - The participation of ordinary investors in RWA is heavily dependent on regional regulations, with clear legal frameworks in places like Hong Kong, while mainland investors face restrictions [8][11] - For mainland enterprises, issuing RWA in Hong Kong involves establishing a Special Purpose Vehicle (SPV) and ensuring compliance with both local and international regulations [10][11]

@prjx_hl is live now - use my code if u luv ico https://t.co/3o7fFEP2jk ...

As the pump ICO draws close, this is a good pod to listen to.Spoke with Mike Dudas about revenue, pump's product model, the lifecycle of memes, and how he thinks about early stage investing. Enjoy.https://t.co/OyDEKtvBsc ...