All previous Bull-Runs had narratives that brought a lot of cryptocurrencies to the spotlight. There was a time when Non-Fungible Tokens, Metaverse, and Gaming were making headlines and we saw tokens like Sandbox, Axie, and Decentraland making huge strides in the Bullrun market. The following Bullrun is going to have a different narrative and I am sure this one will last long as it is a major move in the real world. Let's take a deep dive into the details.

Real World Asset Token (RWA)

These are Crypto tokens that represent a portion of Real World Tangible Assets, Cash, or Tokenised Gold. All Tokenised Assets will be represented by the Crypto token which was used to tokenize and the value of the token will be determined by the movement in value of listed tokens. This will allow these tokenized assets to be traded on the Tokenized securities marketplace.

The process on these Tokenized assets will be more like the same process on today's Indices being traded on Stock markets like Dow Jones (DJ30), Nasdaq (US100), etc. Nasdaq currently has a price of $18 055 and this price is moved by Stocks listed under that Index like APPL, MSFT, META, etc. Let us say a fraction of tangible assets X, Y, and Z are tokenized on Crypto token A, and A now has a value that will determine the umbrella price which represents tokenized assets under it. As long assets X, Y, and Z are being traded and in existence that means the value of A will be traded forever.

Let us take a look at another great RWA Token on the Radar, Sologenic :

Sologenic

Sologenic is the best RWA project built on XRPL. It is a one-stop-shop that offers a Platform for Tokenized Assets, Tokenized Brokerage Solutions, and CBDC solutions. So with Sologenic, you will trade the listed Tokenized Assets. The Sologenic Token is currently listed on a lot of Crypto exchanges and it's still very cheap to buy.

Because of the limited growth of projects listed on XRPL, Sologenic could not get the traction it needed and its growth was limited because XRPL doesn't have Smart Contracts options. So the Sologenic Team decided to Create an Enterprise Graded Blockchain, a Super Ledger Blockchain that was built on Cosmos SDK - Coreum. Now that Sologenic created a Super ledger Blockchain, it means they will no longer have their wings tied and they can now spread their wings and disrupt the RWA industry.

If you go on the Coreum page under the Roadmap you will find that in Q3 of 2024 a Securities Marketplace with Sologenic will be done and ready. Recently Bob Ras the Partner at CoreNest Capital | Co-Founder of Coreum and Sologenic announced on X that Sologenic v2.0 was coming. I just have a feeling that it will be living on the Coreum Super ledger and it will do wonders.

Let's get a quick summary of Coreum and in my next article I will get in full detail:

Coreum

It is a Layer 1 super ledger and an enterprise-graded blockchain with a lot to offer. It offers IBC Interoperability and Smart Tokens and it is ISO 20022 compliant among other things they offer. Coreum is the first project to get fully into smart tokens. Smart Tokens are lighter, faster, and more secure than smart contracts and they perform the same function as smart contracts. Coreum does not just offer the infrastructure for RWA tokens, but it can do a lot and we will get into detail in my next article focusing on the greatness of Coreum.

The above image shows how fast the Coreum Blockchain is and the amount of transactions completed per second is amazing. Recently they created a decentralized 2-way XRPL Bridge with secure multi-sig accounts. It is lightning fast and now the XRP community can transfer their XRPL assets to the Cosmos via Coreum super bridge. Currently, more than 840 000XRP has been Bridged to the Coreum Blockchain, and the XRP community can now earn by Providing Liquidity with their XRP assets on the first Dex on Coreum the Pulsara Dax.

Currently, Coreum is a hidden Gem and a lot of people have not realized it yet how it's going to disrupt the crypto industry. The Ecosystem is still small and a lot of work is happening on the ground. They are creating a project which will hold strong not just a pump and dump. It's a project worth looking into and putting on the watchlist. In my next article, I will dive deep and we will look into full details and Show the potential of this rare Gem.