From Concept to Reality: UQUID Joins Landshare in AMA to Discuss Innovations in RWA Integration — AMA Recap
During this Ask Me Anything (AMA) session, we explored the fusion of Real World Assets (RWA) with blockchain technology, analyzing the accomplishments and future strategies of Uquid and Landshare for the year 2024. Hosted by Diego and Lola from the Uquid team, this session spotlighted the progress made in integrating RWAs, the hurdles faced, and how it is shaping the landscape of the blockchain ecosystem. Joining the AMA was Jordan Friske — CEO of Landshare, highlighted Landshare’s innovative blockchain and real estate approach.
Landshare is shaking things up in the world of real estate investment. Their innovative platform tackles the traditional barrier of high entry points by enabling fractional ownership of real-world assets (RWAs). This means you can invest in a piece of a valuable asset like a luxury apartment building or a commercial complex without needing a massive down payment.
But Landshare’s vision extends beyond just accessibility. They’re also looking to integrate seamlessly with the exciting world of Decentralized Finance (DeFi). This integration holds the potential for Landshare token holders to unlock additional benefits within the DeFi ecosystem.
Landshare’s approach to real estate tokenization, coupled with their focus on DeFi integration, positions them as a frontrunner in transforming how we invest in property. It is definitely a platform worth keeping an eye on for anyone interested in the future of real estate investing.
Did you miss the exciting AMA (Ask Me Anything) session hosted by Uquid and Landshare on Twitter Spaces? Fear not, fellow real estate and crypto enthusiasts! We have compiled a comprehensive recap blog post that captures all the insightful discussions, to learn more about the projects and their plans, strategies for 2024, as well as their viewpoints regarding the hot topic of RWAs!
Diego: Hello, hi there, can you hear me? Hello Jordan, can you hear me?
Jordan: Yep, I can hear you guys, can you hear me?
Jordan:Yeah, pretty great.
Diego:I think we can wait for two minutes and then we can start the AMA today for more people to join. Okay, I think we need to check the microphone one last time and then we can start. Yep, can you hear me? Yeah, great. Okay, can you guys hear me? Yeah, okay, great. Yeah, pretty good.
Okay, I think we can start now. Firstly, my name is Diego from the Uquid team. So, I have the pleasure to host the session through Uquid’s account.So in the AMA today, we have speakers from UQUID and LANDSHARE here to share their insights and how their projects lead the charge in integrating Real World Assets (or RWA for short), a concept gaining momentum in the blockchain space. Also, in the AMA today, we’ll have a chance to explore the notable achievements and strategic visions of both UQUID and LANDSHARE for 2024, aiming to understand the evolving role and impact of RWAs in the blockchain ecosystem.
So, first off, let me give a warm welcome to Mr. Jordan, the CEO of Landshare. So, hello Mr. Jordan, please share a bit more about yourself and how Landshare changing the game in real estate on the blockchain and RWA.
Jordan: Thank you. Yeah, sure. So, first of all, I want to say thank you guys for having me. My name is Jordan Friske and I’m the CEO at Landshare. Landshare is a tokenized real estate ecosystem. We’re focused on revolutionizing real estate investment through the tokenization process. We started back in 2021 and we tokenized the first real estate asset on Binance Smart Chain. Then in 2022, we followed that up with the first fix and flip offering.
And late last year, we delivered our biggest update yet, which is the Landshare RWA token. And this update introduced major platform overhauls and a brand new tokenization model. So far this year, we’ve been working on our roadmap.
And for this year, our roadmap is very much focused on the accessibility and growth of the platform. Now that we have a lot of our core features live, but throughout the whole life of this project, we’ve seen the growth of tokenization and the proliferation of different assets on chain. And I’m really excited to be a part of this new RWA space.
And I’m really happy to see that more and more people are starting to recognize the value and what we’re doing with real estate tokenization and making real estate investment accessible to everyone through blockchain technology.
Diego: Yeah, thanks Mr. Jordan for highlighting the Landshare’s innovative blockchain and realistic approach. It’s exciting to hear your project opens up the potential RWA in the blockchain world.
Next, we’re delighted to have the Ms. Lola from the Uquid Business Development team. So, Lola, we’re all ears to hear about your role and how UQUID is breaking new ground in e-commerce and blockchain.
Lola: Hello everyone. First of all, thank you for having me today. And my name is Lola from the Uquid Business Development team. And it is absolutely a pleasure to be here sharing with you guys about this platform and with Mr. Jordan and as well as Uquid.
Just a little note: I’m using an Alpha Mobile Top-up account. Alpha Mobile Top-up is a B2B solution that provides top-up and data services for businesses with Web 3.0. So at UQUID, we’re constantly looking for ways to innovate and enhance the shopping experience for our users, aligning with the latest trends in blockchain technology.
For those who might not be familiar with it, UQUID prides itself as the leading e-commerce platform within the Web 3.0 space, offering an unparalleled Shop-to-Earn experience. Our platform offers a huge selection of more than 160 million products, ranging from everyday items to digital goods and even NFTs, providing a comprehensive shopping solution for our global customer base. More than just a retail destination, UQUID has ventured into NFT marketplaces and digital stores, pushing the boundaries of what’s possible in e-commerce.
So I believe that our mission at UQUID is to revolutionise the crypto marketplace. We do this by introducing innovative payment solutions like the Buy Now Pay Later option, catering to the diverse needs of our users, whether they prefer to use cryptocurrency, fiat, or wallets for their transactions. And I think that this dedication to flexibility and security is why we’ve been partnering with the leading wallet services, because we want to ensure that our users enjoy the seamless and secure shopping experience.
Diego: Yeah, that’s a little bit of Uquid and Landshare. Thank you to our speakers from Uquid and Landshare for those great introductions. It’s fantastic to learn about the cool stuff you are working on.
So let’s get into the heart of today’s AMA. Get ready for an intriguing topic: Real World Assets (RWAs). These tangible assets, like real estate, vehicles, and gold, are now represented digitally on the blockchain. This fusion of the physical and digital realms opens up exciting opportunities for investment and transparent transactions. Today, we delve into how RWAs are reshaping the blockchain landscape and what it means for the future. Our guests will share their groundbreaking steps in this field, their 2024 visions, and how this could revolutionize blockchain. Stay tuned and feel free to ask questions!
Alright, now that we’ve set the stage for today’s exciting discussion, let’s jump into our first question for both of our guest projects. We’re all eager to hear about your journey this past year.
So the first question to both speakers is, what were the key milestones achieved by your projects in 2023? First, let’s start with Landshare. Mr. Jordan Friske, can you share the big wins and major steps forward your project made last year?
Jordan: Yeah, so we actually had a really big year last year. First, we completed our tokenized house flip. And like I said earlier, this was the first time that tokenization was used to conduct a fix and flip home renovation project. So that was a really big milestone we had early on in the year last year. Next up, we launched the Landshare DAO. And this was actually a huge step forward in empowering LAND token holders to make impactful decisions for the platform. We really believe that the platform should be about decentralization and democratization. So this was a huge step forward towards that goal.
And the feature’s been out for about a year now, but lately we’ve actually seen some really ambitious and powerful proposals hit the DAO recently. So we always love to see that. And finally, we spent a lot of the time last year, really most of the year, on our biggest update, which was the Landshare RWA token. So with this update, there was an app redesign, lots of new features, and most importantly, our new RWA token, which is a real estate-backed token, featuring a new tokenization model where you can invest in an entire pool of properties for just over $1. So overall, it was quite a big year, and we put a lot of focus on kind of development and building, given the market cycle at the time. We really wanted to refine everything and take everything that we had learned over the past several years and try to address the feedback and address the problems that we had seen with the platform and make serious improvements for the next bull cycle. And I think that’s exactly what we did last year.
Diego: Yeah, thank you for sharing those information and also the achievement in 2023. That is truly remarkable. I believe everyone is great to see how your project opens the new avenue for investors and reshapes the real estate market. So it’s very incredible, and there are many things that we were looking for and waiting for in 2024. So, okay, now over to Uquid.
Ms. Lola, could you tell me a little more about the milestone in Uquid in 2023?
Lola: Yeah, sure. So for me, last year was truly transformative for us at Uquid. So we put much effort into enhancing our platform in several important areas.
So firstly, we expanded the variety of products available, aiming to improve the overall shopping experience for our users. Our partnerships also took centre stage since we focused on collaborative efforts that included educational materials, engaging events, and impactful long-term projects to build trust and confidence in the UQUID shopping experience.
Even more exciting is the introduction of our Daily Deals section, where you could find specially selected products at unbeatable prices, making it easier for customers to find amazing deals quickly.
And also in 2023, we’ve also streamlined shopping by categories, linking directly to major online marketplaces for a more enthusiastic shopping journey.
Also I want to share the major leap forward in our Mobile Topup services. We’ve expanded to cover 2100 operators across 180 countries, making it one of the most comprehensive services available.
Plus, we’ve integrated directly with PayPal for top-ups, allowing for one-click payments which is I believe a huge convenience for our users. And next, We’ve also launched new functionalities, like the ability to specify custom amounts for gift cards, payment cards, and mobile top-ups, providing greater flexibility for our customers.
Regarding payment options, we’ve broadened our acceptance to include 5 new tokens, catering to a wider range of stablecoins. Our partnership with Gate Pay introduces easy payment solutions, such as QR Codes and Address Payments, enhancing checkout.
And of course, all these steps are part of our bigger vision to make UQUID the go-to e-commerce platform for crypto users. I’m very excited to share these updates with you and look forward to what’s coming next.
And I’m very excited to share these updates with you and, of course, looking forward to what’s coming next year.
Diego: Yeah. Yeah, fantastic. Ms. Lola, yeah, I think UQUID’s achievements in 2023 clearly show why it’s a leader in eb3 e-commerce, especially with integrating blockchain into everyday shopping. Expanding your product offerings and enhancing the customer experience innovatively is genuinely inspiring.
Okay, Moving on, let’s talk about what’s next. We’re all curious to hear about your plans for the coming year.
So, what is the strategic plan for 2024? Let’s start with Landshare this time. Can you share your roadmap for the next year?
Jordan: Yeah, sure. So last year, we focused a lot on feature development and refining our platform and our interface and our tokenization model. So it was very much a building year. But for the first half of this year, we’re putting a lot of emphasis on really growing the platform through accessibility and new integrations and new listings.
So among these steps would include our credit card payment option, which is now live on our website and app. And we’re also planning on doing several new exchange listings, including one, barring any major changes, our first exchange listing will be dropping next week. And there’s a good chance that we’ll have several more lined up for the week’s following.
So everyone can look forward to that. Another big roadmap item is going multi-chain. And we do this via Chainlink’s cross-chain interoperability protocol or CCIP.
Through this development, we’ll be taking the LAND token, LAND staking and the RWA token to a few different new chains. As part of this right now, we’re on Binance Smart Chain, but we’ll be expanding our presence into several new chains through CCIP. And as an extension of our cross-chain strategy, a lot of new partnerships coming down the pipeline.
So in terms of the second half of the year, in addition to expanding on what we’re already doing, the general idea is really to focus on real estate, which is, of course, the heart of the platform. And in particular, there are a few things that we want to do going into the second half of the year. Number one is we want to give property owners the ability to tokenize their properties on Landshare.
So right now we offer something to prospective investors, but we also want to offer something to property owners, people who already own rental properties or vacation properties, things like that, and they want to tokenize their properties. And there’s a lot of different ways you can do this. You can either do a partial equity sale or tokenize the entire property and sell it completely, or even more novel arrangements like allowing property owners to borrow against future cashflow.
There are a lot of different ideas that we could implement. So we’re still exploring all of that, but that’s kind of a general idea of where we’re at right now. And I would say in general, we feel like tokenization is a great option for property owners who are looking to borrow money or free up cash without having to sell their properties outright.
So all of the ideas that we’re tossing around are really in line with that. And that has the added benefit of providing more opportunities to our investors as well. So we can provide the service to the property owner and we can expand our options for our investors.
And I know that’s a big thing that a lot of people are interested in seeing is more properties and that’s coming down the pipeline, really, I would say more so in the second half of the year. And keep in mind, this is all still in the planning phases, but that’s a pretty good idea of what you can expect for 2024.
Diego: Yeah, absolutely. I love the idea of approaching the owner who has all the real estate. I believe it is the right way and also the gateway to adapt to open and to have the user in Web2 traditionally come into the Web3. So, you know, like focus on expanding your vision, bringing more realistic opportunities to the blockchain.
So it should have much potential and place in your combining technology with traditional sectors. So I think that’s really exciting stuff. Now, move on to Uquid.
Miss Lola, could you tell us about the Uquid strategic plans for 2024?
Lola: In 2024, our main goal at UQUID is to keep growing. We want to offer even more products, reach out to new markets, and ensure every customer is happy with their shopping experience.
Now, imagine being able to buy high-quality items for just one dollar using cryptocurrency. Sounds a bit unbelievable, doesn’t it?
But that’s exactly what we’re doing with our new $1 Shop in the crypto world. This move is changing the game for online shopping by making great products super affordable for everyone.
And that’s not all we’ve been up to. We’ve also joined forces with over 65 big names in various industries to enhance our platform. These partnerships are doing a lot for us. They’re adding more ways to pay, making our platform more secure, and helping our users get more comfortable with using cryptocurrencies and blockchain technology.
We believe these steps will make UQUID an even more exciting place to shop and explore the possibilities of crypto. We’re really looking forward to bringing all of this to our users in 2024
Diego: Yeah, thank you, Miss Lola. It’s great to hear that UQUID continues innovating and enhancing the shopping experience with blockchain technology. And I believe that it’s like we will have many things to looking forward at Uquid for the user to come in to try the new features.
And yeah, now like turning our attention to Landshare, we have the fascinating question next.
Like, you know, many of us are intrigued by the idea behind Landshare and what makes it different in the bursting world of blockchain realistic. So Mr. Jordan, could you share what is the experience of the creation of Landshare and how it’s distinguished itself in the blockchain real realistic market?
Jordan: Yeah, sure. So going back to, let’s say, 2020, 2021, during the bull run in that era, DeFi was kind of the big narrative. It was exploding at the time. And I think really what we saw for the first time was real applications of smart contracts and blockchain technology in a way that hadn’t happened in the previous bull run. You know, I started mining Bitcoin in probably 2011, 2012. Like back then, it was possible to just mine off of your home computer. So I’ve seen how the whole industry and the crypto space has grown over time. And I think early on, the use cases were very hypothetical, very primitive. They didn’t actually materialize into anything. But then during 2020, 2021, we started seeing projects like Uniswap, Aave, Curve, a lot of these DeFi blue chips, they started to take off. And it created this entire parallel financial system running autonomously on smart contracts.
So myself and the other founders, we looked at this and, you know, we felt like this was truly finance for the digital age. We felt like this is what the financial system should look like. But the one thing that was missing was what we now call RWAs.
So stocks, bonds, real estate, all of that. And so we wanted to bridge that gap. And we felt like real estate was the best option to do this because it’s such a difficult asset class to get into.
But through tokenization, we can offer fractional investment opportunities. So now not only are we bridging the gap between TradFi and DeFi, but we’re also making real estate, real estate investment more accessible to everyone. And I think that’s really what sets us apart is our vision for the project, which is really based on the idea that it’s not good enough to simply recreate TradFi on the blockchain.
You know, there’s a fundamental difference in the sensibilities of Web3 native users. And we’re very much aware of this and we’re very much cut from that cloth. So we understand what do Web3 users want and what are the barriers for Web2 users to get in and how can we cater to the needs and wants of Web3 users who we believe are kind of the foundation or the first adopters of any project like this? And then building off of that, how do we ease the transition for Web2 users into the Web3 space to the point where it becomes seamless for them? And I think our understanding of all of that, as well as the experience that we’ve had over the last two years, the lessons that we’ve learned, I think that’s what sets us apart.
Diego: Yeah, thanks, Mr. Jordan, for that insightful answer. I believe that LandshareLandshare will be an important piece of the Web3 realistic, because, you know, tokenized access is something that will be inevitable and the user will receive a lot of benefit from that. And we can customize the money flow from that much better than before.
It’s truly inspiring to hear about the foundations of Landshare and how it’s pioneering a unique path in real estate within the blockchain space.
The commitment to making real estate investment accessible and transparent is something that definitely stands out. Great stuff!
Jordan: Thank you for the insightful question. So, okay, let’s move on to something a bit more technical but very exciting. Sure, so kind of a high-level overview is that we have a holding company, and this holding company is incorporated in the U.S. state of Wyoming, and this holding company owns all of the properties on the platform.
And then we have what’s called the Landshare RWA token, and each of those RWA tokens represents an ownership stake in that holding company. So essentially the holding company owns all the properties, and the RWA token holders own the holding company, and therefore the properties themselves. Then we manage the properties on your behalf, so at Landshare we handle all of the tax stuff, we handle tenants, management, maintenance, all that type of stuff, we handle that all on your behalf.
The properties then generate rental income, and that rental income will increase the value of your investment. Another unique feature that we’ve added with this update is that the tokens also will track the value of the underlying properties. So if let’s say the value of the properties goes up, you’ll benefit from that property appreciation. It’ll be reflected in the value of your RWA token, and all of that happens on-chain. So in essence, the value of the token is designed to correlate directly to the value of the underlying assets and the cash flow that they produce. So it’s a fairly simple concept from that perspective.
I think the biggest difference from a technical perspective between something like the RWA token and a traditional crypto token is that there’s additional compliance requirements. So because we have a security token, we need to have KYC, we need to have whitelists, and so the token contract itself restricts transfers only to addresses that have completed the KYC process and have been whitelisted by the LandShare team. And so this actually has a few different benefits for investors, one of which is that let’s say your wallet gets hacked, your wallet gets stolen, or you lose the keys to your wallet.
Well, your tokens can actually be restored to a new wallet because your investment is tied to your identity as well as your wallet address. So compared to a traditional crypto token, where if you lose your wallet, you’re out of luck, there’s actually some recourse to be had here, and you have that additional layer of security. And of course, no one can go into your wallet and transfer your tokens out because that person’s wallet address is not whitelisted. So they’re not going to be able to transfer your tokens out. So from a tech perspective, that’s really the biggest difference is that we place that transfer restriction on the token contract so that only people who have been approved and whitelisted and completed the KYC process can actually hold the token. And I think that, like I said, it represents a legally binding agreement with the holding company.
The token itself is essentially a contract with the holding company. So that just offers you a lot of legal protections as well as the security protections. You have assurances from the state of Wyoming and from the U.S. government that your investment is solid.So definitely sets it apart from your traditional crypto token.
Diego: Yeah, that’s amazing because I love the way that your project protects the users from some of the errors. I think that it usually happens for the user, for example, they get hacked or they lose the key of the wallet. But I love the way that you protect the user from these errors when they’re using and interacting in the Web3 environment. And also the way you tokenize the realistic and make it a part of the digital blockchain world. I think it’s interesting to see how technology can transform the traditional investment like real estate into something accessible to everyone.
Yeah, thank you for explaining that so clearly and very easy to understand. So you know why tokenizing the realistic presents a compelling opportunity to bridge the gap between physical and digital access. It’s likely to face the challenges as is typical with any new development.
So could you share some of the challenges Landshare has encountered while tokenizing the realistic and more importantly, how you tackle these challenges to keep moving forward?
Jordan: Yeah, so in the last two years, we’ve learned quite a bit and we’ve used those lessons to make adjustments to our platform and our approach to tokenization. And if you look at last year’s update, that update was really designed to overcome some of the challenges that we faced and some of the issues that kind of cropped up with our previous model of tokenization. So for anyone who’s not aware, we actually used to have a different setup where each property had its own token.
And there are certainly some advantages to this, but we ran into two big issues with this model. And so what we did was we pooled all the properties together into one token. And I think for one thing, it makes the whole process simpler and easier to understand for investors.
But there are two other big benefits I think that this provided. Number one was, you know, if you’re investing in a single property and let’s say the property gets damaged or it becomes vacant or the tenant, you know, something happens with the tenant, they stop paying their rent. Now you’re losing out, you’re losing out in your investment.
So it can be very volatile when you have exposure to only one single property. When you have exposure to multiple properties, if one property goes vacant for a short period of time, it’s not going to affect you as much. So that was one issue we wanted to resolve with the new token.
And the second one, and this is probably the biggest one that the biggest reason we decided to make this change was the liquidity limitations. You know, we really want to create secondary markets for our tokens. We want people to be able to buy and sell and trade these tokens on secondary marketplaces.
And when you have a property, let’s say a property is worth 100,000 or 200,000 or $300,000, it’s very difficult to create a lot of liquidity for something that, you know, is only worth that amount of money. When you pool it together, you’re pooling together the liquidity and it makes it a lot easier to create a healthy secondary market. But with these isolated property tokens, the liquidity just isn’t there, especially if you’re trying to use a decentralized exchange model, an AMM, you’re going to have very high price impacts.
And so it was just something that we felt like it wasn’t quite working. And that was, I would say that’s been the biggest challenge for us is trying to solve that liquidity issue because real estate is inherently an illiquid asset. But the benefit of tokenization is that we can fractionalize it and therefore make it more liquid.
But it’s still a challenge to do. It still takes some time and some trial and error. And I think we’re finally getting to the point now with our new RWA token, our fixed price liquidity pool and our upcoming listings on decentralized exchanges where we’re going to be able to fully deliver on that promise of a liquid real estate investment.
So, yeah, I would say that that was the big challenge and we’ve been able to overcome it by really just taking a look at our old model and making the adjustments necessary. And I think we’re finally there now.
Diego: Yeah, thank you so much for the answer because, yeah, from my point of view that liquidity is something like that is needed in all the markets, not just in crypto.
Yeah. And any project, they are in the very beginning of a state of development, they’re facing that challenges. But yeah, the good thing and the good sign if you keep working on that and find a solution for that. Yeah. And by the fraction of the tokens. Yeah.
I love that idea. We will keep update on how the way that you work with that. And yeah, thank you for sharing this insightful information.
So let’s move on to the next section. This is all about security and transparency. You know, like two things that are like security and transparency is crucial in any financial transaction because they’re especially important when it’s coming to something that is innovative as tokenizing the real estate on the blockchain.
So I’m curious how does Landshare ensure that tokenized real estate transactions are secure and transparent? What measures do you have in place to protect for the users?
Jordan: Sure. Yeah, we talked about this a little bit, but let’s first talk about security. So really, a good way to look at it is that there are two separate layers of security for investors when it comes to our tokenized real estate.
The first layer is the on-chain layer. Like I said, with RWA tokens, there’s a transfer restriction. So if somebody hacks your wallet, they won’t be able to steal your tokens.
Even if they do, or even if you lose your wallet or something else happens, we can always transfer your tokens to a new uncompromised wallet after you complete the identity verification process. So your identity, associating your investment to your identity and restricting the transfers on-chain will give you a lot of security. And then the second layer of security is from the legal system.
So like I said, these tokens represent essentially an agreement or a contract with our holding company. And so you’re protected under the state of Wyoming and US law. And all of this exists within the traditional legal framework.
And it’s essentially built on top of that is the blockchain layer. So you’re offered protection there as well. In terms of transparency, we have a lot of new features actually that enable on-chain valuations of properties.
So you’ll be able to see exactly what each of the properties are worth. If you check out our app page, we’ve got financial logs, we’ve got financial estimates. So you can see how much cash the properties are bringing in, what the expenses are, all of those types of things.
So you’ll be able to check out all the financial data. And of course, ownership of properties is public records. So anyone can go and check out the properties and check public records on the ownership of those properties and things of that nature.
Plus through our dashboard, you’ll see a lot of different agreements, operating agreements that very transparently outline the terms of the investment. So we really focus on compliance, transparency, things of that nature. We want everything to be really above water and very clear to the investors so that they understand exactly what the agreement looks like, what the properties are worth, what the cash flow is.
And I think we’ve done a great job, especially with our latest updates, of really delivering on that promise. Yeah, thank you for that detailed explanation. So it’s showing that your project is re-ensuring to know Landshare to put such a strong and passive on the security and transparency.
Diego: I see your effort to maintain the trust through these measures are essential. So especially in the blockchain space, where these qualifies value. Yeah.
So switching gear a bit, so let’s focus a little bit on Ưuid and the exciting possibility with real world assets. We’ve seen how real world assets are making their way in the blockchain space. And I’m sure that many of us are eager to know more about Uquid’s approach.
So Ms. Lola, could you share with us what is the strategy and plan of Uquid that helps to integrate or utilize the real world assets within the Uquid ecosystem?
Lola: Yeah, thank you for your questions, Diego. So since we navigate the evolving landscape of Web3 and e-commerce, Uquid is now actively developing new features to embrace the RWA within our ecosystem. And our main aim is to seamlessly merge the digital convenience of cryptocurrencies with the tangible values of physical assets.
So it would offer unique benefits to our user and partner as well. And now we are ready for a future where our platform will enable users to leverage their digital assets in more practical and in everyday context as well. So now just imagine transforming your digital currency to something you can use in the real world without the usual hassle of multiple transaction steps.
So this would not only add values for our users, but also open up new avenues for our partners on Uquid to connect with their customers. And while we’re not diving into specifics just yet, our upcoming RWA feature is designed to be user-friendly and efficient. And because we want to ensure a smooth transaction from crypto to real-world applications, and we believe this will significantly enhance the utility of digital currencies, because it will make them more accessible and versatile for everyone involved.
And I could say that this initiative is a part of our broader commitment to bring the gap between digital and physical assets, making the e-commerce experience more integrated and rewarding for our users. And we’re very excited about the potential of this hold for expanding the utility of cryptocurrency. Looking forward to share more details with our community as we move forward.
So just stay tuned for more updates, and we’re just getting started on this journey, and we can’t wait to share all the benefits of this RWA feature with our users and our partners as well. And we aim to create a more cohesive and valuable shopping experience on Uquid, our site. Yeah.
Diego: Yeah, cool. Thank you for sharing that. It’s truly innovative how Uquid is incorporating real-world assets into the e-commerce and blockchain ecosystem. So your strategic approach to blending physical with digital opens up too many possibilities for the user. Thinking about the future with Uquid leading the way in this area is very exciting for me. So looking ahead, there is lots of excitement around how real-world assets will play a role in the blockchain ecosystem, especially in 2024.
It’s clear that integrating real-world assets represents a huge opportunity for innovation and growth. So starting with Uquid, could you share your thoughts on how you see the role and impact of the real-world assets involving in the blockchain ecosystem next year?
Lola: So in 2024, we at Uquid believe that the RWA will play a bigger role than ever in the blockchain world, and it’s all about making the benefits of blockchain accessible for everyday needs. And imagine using your digital assets to buy real things that you can use every day or invest in physical property easily.
So that’s pretty cool, right? So that’s where we see things heading. RWA bridges the gap between the digital and physical world, and that will make the blockchain more useful and practical for everyone. And as we said before, at Uquid, we are working to make this a reality by expanding our services to include more RWAs, and this helps our users and encourages them to explore what blockchains can do for them.
So in 2024, we expect RWAs to really shine and make the blockchain ecosystem even richer and even more varied, and most importantly, more connected to the real world. And the potential for RWAs to transform traditional asset classes would make them more accessible and liquid is truly exciting for me. And this is why we’re very excited to have the Landshare joining us in this AMA to share their insights.
Landshare’s innovative approach to integrating real assets in blockchain technology is a perfect example of how RWAs can offer new opportunities within the blockchain ecosystem. Yeah, I think so. And their participation today allows Uquid users to understand the importance of, as well, the impact of RWAs better.
So once again, thank you, Landshare, for being here today. And thank you for everyone participating in today’s discussion. And me and Uquid are looking forward to exploring the future of blockchains and RWAs together.
Diego: Yes. Yeah, thank you for the compelling vision. Yeah, before we end this AMA today, we would love to know how Landshare foresees the role and impact of real world access in 2024.
Jordan: Yeah, I mean, I think we’ve been, at least internally, we’ve been saying for a few years now that we feel like RWA is the most important use case for blockchain and for cryptocurrency. And I think this is where we’re ultimately headed. And we talk about a lot of different narratives that have come and gone over the years.
I think RWA right now, it’s kind of a narrative, it’s a hot narrative. But I think it’s, unlike some of those other ones, it’s going to have a lasting impact. And there’s real utility here and real value here.
You know, when you see the largest asset manager, BlackRock, largest asset manager in the world, talk about the next generation of markets and the next generation of securities being tokenization. I think it’s a really strong endorsement of the technology and the use of the technology to facilitate investment in every different type of asset. And so that’s how we feel about RWA.
I think it’s going to continue to be a strong narrative throughout the year. But I think long term, and you know, it may not be this year, it may be a few years down the line, but I think long term, this is going to be the primary use case for blockchains. And when we talk about institutional adoption of blockchains, when we talk about retail adoption of blockchains, it’s going to be within the context of tokenization.
Diego: And the tokenization of real world assets is going to play a major part in that. Yeah, it’s clear that RWA has the potential to significantly transform the traditional sector and make them more inclusive and transparent. And I totally agree with you.
So okay, this is the last question for the AMA today. As we wrap up, I want to give thanks to our speakers from Uquid and Landshare, especially Mr. Jordan for sharing their expertise. And to all of you, your enthusiasm and questions make this discussion invaluable.
So keep following Uquid and Landshare for more impressive work with real world assets. And thank you again for joining us today. So let’s keep pushing the value of what’s possible in blockchain.
Yeah, take care. I’ll see you in the next AMA. Thank you so much.
Lola: Thank you guys. Thank you guys so much.