The Problem With RWAs | Chris Yin - Plume

The problem with RWAs today is the majority of projects are TradFi teams rebuilding their legacy products on chain with no innovation, and therefore no incentive to use the blockchain iteration of a project which completely ignores the value add of bringing something onchain. Iterations of TradFi projects onchain have high TVL but low users and few holders – the antithesis of DeFi due to poor liquidity, gated entry, and walled gardens. 🚀 Get Ready for ETHDenver 2025! 🚀 We're already hard at work preparing for next year's biggest Web3 event! Keep your eyes peeled for more info on ETHDenver 2025—it’s going to be epic! 🌟