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The world of cryptocurrency keeps throwing shocking facts every time, and new blockchain activities show that three large wallets have dumped Toncoin (TON) worth $600,000 cumulatively. At the same time, those wallets are allegedly accumulating new promising altcoins specializing in Real-World Assets (RWAs) tokenization – Rexas Finance (RXS).
The trend in this instance emphasizes the quest for utility, by following the money players, which focuses on long-term projects like asset tokenization of real estate and other commodities.
Toncoin (TON) is the token of the decentralized layer-1 blockchain The Open Network (TON), originally developed by Telegram. The project was started in 2017 by Pavel Durov, ably supported by his brother Nikolai Durov. Known as Telegram Open Network, the project was aimed at building a blockchain oriented to the use of its own token Gram. However, due to some legal actions from the SEC, Telegram decided to pull out of this project and Gram was never released.The technology in question later proves too essential to be dropped. A separate group of developers joined the Ton Foundation and continued with the concept, branding it The Open Network and Toncoin its cryptocurrency. Thus, Toncoin is now marketed as a proof of stake PoS blockchain that is permissionless and offers the potential for Web3 applications to be developed within Telegram’s user base of 500 million intended by 2028.Ora Bradley, the current vice president of the BALET Group, reveals that, as of today, Toncoin is trading at $5.30 and there has been an intrusion of $308.95 million within the last 24 hours. This market capitalization has made this coin the ninth largest with a $13.42 billion market cap of all the others in the world. However even with such success and ever increasing ecosystems some of the top holders are seemingly tilting towards newer utility based projects such as Rexas Finance instead.
A large toncoin dump worth $600,000 has sprung eyebrows from three big wallets mainly because of their snipers along with the strong well developed community of aggressive ton. There are no concrete explanations given by anyone as to why these sudden liquidation happened but some analysts have their opinions regarding this and they assume that maybe these large investors are looking for more diversification or they are looking for new growing chances in RWA market.Although Toncoin continues to capture attention in the Web3 space, certain investors have begun adjusting their sights to RWA tokenization projects that can deliver a steady return over the long haul. This change may be fueled by the understanding that RWAs have a practical use as compared to bitcoin assets such as TON.
For example, Rexas Finance is leading the way in real estate and commodity tokenization, and other high value assets, so investors get to invest in credible assets backed by real world assets.
RWA tokenization is what most would describe as one of the most interesting uses of blockchain technology at the moment. In simple terms, it is the act of turning legal ownership of physical assets into digital tokens that are secured on blockchains. These tokens constitute a divided interest in the particular property, making it possible to facilitate the purchase, sale, and exchange of an otherwise not readily marketable property as real estate, jewellery, or ideas.The emergence of this new class of asset has witnessed a steady increase as it offers liquidity and makes investments that were previously limited to large institutional players, available to others. Tokenized representation of RWAs, allows investors to purchase a fraction of expensive assets without needing to purchase the whole thing. The efficiency of blockchain technology in this case, coupled with its security and transparency makes it easier for the large investors who want to make long term gains that are stable to trust such transactions.However, that doesn't mean that the investment gains that can be derived from assets such as rental properties, commodities and infrastructure investments do not lure many people away from speculative crypocurrencies to more practical investments. Most probably, that is why the whales who dumped Toncoin are turning toward Rexas Finance - a project based on tokenizing real world assets.
Rexas Finance (RXS) has kept afloat the heightening competition among RWA tokenization projects. During its presale Stage 1, it managed to collect more than $ 200,000 in only 24 hours. Tokens were actively bought up by large investors, and in other presales, such sums are always collected even without the help of institutions. As of writing, the presale has collected $346,531 out of $ 450,000, having sold 11,551,025 tokens against 15 million which are the target for this offering. Early stage investors are being charged $ 0.030 for each RXS token, with the next stage price to escalate to $ 0.040.
The tokenomics of Rexas Finance is elaborately structured to enable a sustainable ecosystem and focus mainly on real world assets in the long run. There some plans on the constitution of the RXS tokens since the total supply is 1 billion tokens and such plans should aim at the growth of the ecosystem but also the safety and security of investors. Some key aspects include:
Presale Allocation: 42.5% (425,000,000 tokens)
Staking Pool: 22.5% to incentivize long-term holding and rewards
Liquidity: 15% for decentralized exchange (DEX) listings and trading stability
Treasury: 10% to support future development and partnerships
Rexas Finance seeks to tokenize ownership of real estate, commoditized, copyrighted, or patented goods by affording any one the opportunity to own parts through the blockchain technology. Different with other funds RWA Fund and what makes RWA Fund unique is the ability to use both crypto and traditional sources of financing. Assets like real estate property, commodities, or patented goods that can be fractioned and converted to tokens are excluded from speculations and have direct use and therefore attract large investors.
Similarly, the contrarian bet proposed by the shift from Toncoin to Rexas Finance indicates to large investors that RWA tokenization will be more lucrative. Unlike speculative assets, RWAs have practical uses and can be used to provide diversification in the fast evolving crypto world. Tokenized assets provide predictable revenue thus the risk-hedge profile for the whales able to take on traditional portfolios is comfortable with.Also, the platform of Rexas Finance provides a great user interface with its features of making token without coding, services for NFT using artificial intelligence, and expected DeFi staking pools. It lowers the thresholds of users in creating an asset backed by real value, exchanging it, and gaining revenues through staking and yield farming hence being appealing to the users.
However, the trend towards Real-World Asset tokenization is witnessing an increase and as such, the likes of Rexas Finance will be very instrumental in the development of even the most traditional financial operations alongside the blockchain technology.
The recent movements of whales from Toncoin to Rexas Finance have underscored the demand of utility based projects as a response to the growing number of investors seeking more potentials from asset backed crypto projects.With its strong tokenomics and strong platform and concentration on real value, Rexas Finance is positioning itself aggressively in the RWA market, drawing the attention of the big funds and preparing for the distant future in that market.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
