1confirmation Founder: The next round of user growth in the crypto market may be driven by the tokenization of RWA

Nick Tomaino, founder of 1confirmation, stated on the X platform that bringing real-world assets (RWA) on-chain will become an important direction for driving the next phase of development in the cryptocurrency industry and is expected to lead to large-scale consumer adoption. The core value of bringing RWA on-chain lies in enabling global users to access asset classes that were previously difficult to obtain. "Global accessibility" has always been one of the most attractive features of the cryptocurrency industry and is also a key reason for the success of crypto assets like Bitcoin and Ethereum.

Nick Tomaino believes that crypto assets that drive new behaviors and are built on concepts that go beyond mere monetary value will continue to exist in the long term. However, as the market gradually realizes that the cost of creating tokens is close to zero, the model of relying solely on token issuance to drive price increases is difficult to sustain. The growth cycle of many "speculative tokens" is coming to an end, and the market will enter a new growth phase driven by tokens backed by real assets. Currently, stablecoins have become the most mature case of RWA applications, and in the coming year, the on-chainization of assets such as stocks, commodities, government bonds, corporate bonds, and real estate is expected to accelerate further.

Nick Tomaino mentioned that on-chain physical collectibles (such as sports cards and jerseys) could become one of the most worthwhile directions for building and investing in RWA today. As the speculative-driven token cycle gradually recedes, on-chain assets supported by real assets and practical use cases will be key to attracting the next batch of users into the cryptocurrency market.