Once again K believe crypto people are so ahead of the curve that they have psyopped themselves into thinking its a nothing burger Perp dexes before everyone else -> its cool, but not THAT great Robinhood goes wild over it. 0 to 1 innovation in financial markets, akin to 0dtes. Perps on stocks, leverage, incredible potential Stablecoins before everyone else -> nah their revenues are bad, bad business. Not bad, best innovation of crypto though. But not THAT crazy... right? Tradfi goes wild over it. 0 to 1 innovation that kills many intermediaries, biggest buyer of US T bills, revolutionizes spending & payments. Tokenizatikn before everyone else -> nah nfts suck, no purpose, & tokenization is just a fad We are here. Tokenization of highly valued collectibles makes alot of sense because it unlocks so much liquidity. We are just too used to it because we have been playing this game for the past 4 years. But put yourself in the shoes of someone new. He wants to buy, say a highly expensive collectible. He goes online, chances are he will have to head down to the "real world" to get it. If it can be shipped, theres a dozen checks and balances in between - postage, authenticity, shipping, etc. But here, he can own the underlying of the asset. "That does nothing!" you say. I disagree. As the owner, he can choose to redeem it - or choose to just hold the NFT. While redeemable, he has the OPTIONALITY not to - and that makes all the difference Add in all the bits and pieces we've built in the past few years. Maybe give it a few months, he resells it higher. He makes a couple bucks of profit all without ever holding inventory. It also never leaves the suppliers warehouse. The collectible has changed hands, without any actual physical exchange. And if he so wanted to, in the future, he may just be able to take an online loan against the collectible. Not needing to go to a pawn shop, or any of that sort. Just chuck the NFT in a protocol, and unlock liquidity None of these ideas are new, of course. They have been here since 2017. But that is precisely why so many crypto people will be sidelined. There is a obvious sense of resignation, that this will just "end up in smoke as always" And that is exactly how this space has been taken over by TradFi. They can dream the dream and see the vision, whereas we have stayed too close to the sausage factory, and been cut too many times. But I digress. It's funny because we have been complaining for so many years that crypto was a solution looking for a problem. But just like everything else we've seen this cycle - the problem is now staring at us in the face, but we look past it. All our applications have found PMF in slightly different ways - perp dexes for equities, stablecoins for payments, and now NFTs for tokenization. This is the holy tripartite man. Perps, Stablecoins, Tokenization.