@Eli5defi: how collectibles are moving on-chain with tokenization and RWAs
AI summary of the linked articleTokenization is moving collectibles like trading cards and skins on-chain, which the article presents as a way to fix slow settlement, high entry costs and uncertain provenance in a market it puts at $400 to $500B. Tokens split ownership so buyers can take fractional stakes, and they can be used as collateral or to earn yield in DeFi. The article names several platforms, including renaissxyz, Courtyard_io and Collector_Crypt, and projects tokenized collectibles at $100–200B over the long term, though it lists regulation, oracle reliability and custody risk as core challenges. |
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