Bundeep has a very interesting speech 3 weeks ago: At this Cardono summet. I find this very interesting:
Bundeep at Cardano Summit 2024
He talks about the tokenization of real world assets (RWAs) where his litmus test of success is when anybody can buy an RWA on their app immediately from their mother to their nephew with ease. Like part ownership of the London Bridge, a piece of art, insurance, or whatever your heart desires. And then get partial toll fees from a toll bridge, for example. Instant liquidity, no transaction fees was my understanding . That's what I want.
When he introduces himself, he says the ETNs are still on the way. He wants it to be a "disruptor" ith high yield. I wish those would roll out. He also says something very interesting:
"We are also looking an RWA tokenization platform with a stable coin offering actively on Cardono chain and actively supported by, amongst others, Emurgo."
That sounds very interesting and the first I've actually heard of that I think. It's more techno jargon and hard to decipher to me. He says it real fast and nonchalantly too, so I had to listen ten times over to get that quote down.
What the heck is a "stable coin offering" to begin with: "Stablecoins are an attempt to create a cryptocurrency token with a stable price—their stability commonly achieved by pegging the token to an asset such as gold or fiat. By being backed by more traditional investments, the market has greater confidence in their price. The crypto ecosystem is ever-evolving."
And so he wants on a Real World Asset tokenization platform on the Cardono Chain with the backing of Emurgo . Two very intersting entities:
EMURGO
EMURGO is a founding entity of the Cardano blockchain and provides products and services to drive the adoption of Cardano’s Web3 ecosystem.
CARDANO CHAIN
"Cardano is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change"
That all sounds very interesting. That could perhaps create a FOMO feeling if they would hurry up and do this. And also actually do it and stop talking and start doing.
Cinderella went radio silent and https://www.glassventures.vc/ is still not updated with the same FAQs with alleged things to happen by August not showing any signs of happening. Which is always so annoying. Come on, Cinderella! You know what happens when midnight strikes, right? Show us the money and show us how this creates value for Fineqia shareholders.