/biz/ - Business & Finance

Ethereum and Crypto in general are tiny compared to the Avalanche that is coming.
Tokenization of Real World Assets is the next big thing.
That's somewhere between 16 trillion to 68 trillion that is about to enter the Market in the next 7 years.
(In total we are talking about 800 trillion dollar real-world assets ready to be tokenized.)
for comparison, the current crypto market cap is 0.14% and the current TVL across all chains right now is 0.00481% of the 800 trillion RWA market.
>But why Avalanche?
Currently, you have to pay about 1.5 Million dollars minimum and waste 12 Months to deploy a custom Blockchain Solution, and that's just the barebones stuff.
technically it's a massive pain in the ass and requires you to hire all kinds of highly specialized autists to make it "maybe" work.
so the entry barrier for Blockchains is high but Avalanche Subnets and Services like Ava Cloud completely change that game, with Ava Cloud anyone can nocode deploy a custom Blockchain VM in less than a minute all hooked up to every Chainlink oracle service that exists for a tiny fraction of these original costs.
Avalanche also happens to be the only network that can do this and it's the only one that has the fastest time to finality, also it's the only one that scales.
AVAX is also hardcapped and deflationary and literally everyone who has RWA to tokenize will stake AVAX directly or indirectly in some way.
AVAX (and LINK) will be on every balance sheet in the world and act as the backbone of the entire world economy.
If AVAX reaches a price of $3,000 per token the market capitalization would be 2.16 trillion USD, thats 3.18% of 68 trillion and 13.5% of the 16 trillion in the "highly conservative forecast".
>thats only 0.27% of 800 trillion.