Uranium is a one of those radioactive element for which wars can happen even for buying it. And there are people who have made even the international transactions to be done through the global watchdog eye. But for some reason there are people in the crypto world thought that such type of the element can become an RWA. How much of this RWA would be real, legal and manifest into real transaction? Time will tell. 

For now the ux308 is the project that is trying to sell the uranium in the market and for that it is making use of the crypto and it is going to compete with the mutual funds and the etf market too. So how does that work?

Now the smart contract is done of the Tezos and there is going to be the tokenization form of it. However we don't know how much legal and ownership is real or just another imaginative like it used to be in the MLM scheme. By some real and legal reasons this one turns out to be true we are going to see some real use case for the same. 

You can read the official paper and the whitepaper and also their approach for the tokenization. I am not convinced and it seems like the whole system that is out there kind of feels like rugpull. I am open with the speculation and it could be real deal but you never know the deal of such type of the projects. 

You can check out the official website.