Post #8385

Picked up a shitter here that seems incredibly undervalued for what it offers Vs the market considering it has actual tek that works. Shitter in question is $RWAFY // 8ytQfw9BsTHfbLvpa9WoCuaoebtGfS5meZpd5N1Vpump Not just something that was thrown together overnight but something that has been a while in the build which I like to see. $RWAFY is a protocol for tokenizing real-world assets on solami. In V1 state it’s focusing on sound - music, audio rights, podcast equity. Further versions will support other assets as the same bonding curves that price a song can price a building. The protocol is powered by Raydium LaunchLab bonding curves and as far as I’m aware, this is the first shitter that exists that will rewards both Creator/Artist (in this case) AND Hodlooors/Fans: giga based. 85 $SOL is what’s needed to bond any song for V1. Music NFTs of the last cycle were fairly pointless in the greater scheme of things tbh, as people are looking for a return on their speculation. It’s akin to Alon’s thesis yesterday on why buying the $HANTA shitter on PF makes more sense that bidding the polymarket pandemic market: liquidity. The better a song does, the more it should be traded, the more artist and fan will reap rewards from fees, but also from price poompa. Also is v bulla to anons who follow niche, pre breakout artists so they can make some $$$ when they go mainstream. A song’s rewards accumulate hourly, and can be claimed anytime (min 0.0010 SOL) and this feature is live. I’ve spoken to the team a lot to flesh it out and they seem p based. The effort that has gone into the buidl and the fact that they have locked 11.8% supply (9.6% for 6 months https://app.streamflow.finance/contract/solana/mainnet/5CLAX6iED1YVhyfWMLirdfAVqX2BziV2tRHwJSgxV4q9 + 2% for 3 months https://app.streamflow.finance/contract/solana/mainnet/4ZQYHmcZZRnEzoSi4Ea64nvM9CmaXWXkmY9ShByHsYRF?ref=fulsomely-joyous-adder ) looks v bulla for this to be something that can be held longer term. Also shipping regular updates like better charts, watchlist, leaderboard, folio PnL. Same as everything, how this will do will depend on the traction it can get artist & song wise but at $41K and 1% for just over 400 bucks, if this gets any motion could see it in many millions range when $RAVE ($167m) and $AUDIO ($29m) by comparison have fan incentive/reward system. Web: rwafy.io X: x.com/RWA_fy TG: t.me/RWA_fy Sned.