So i'll start by being 100% honest (unlike most). I am invested in this project and despite the fact im like 70% down overall, I have been dca further into it. I know, who in their right mind would do that? Well, that would be me, but let me tell you why.
I'll start with all the basic mumbo jumbo that i have no doubt you have all heard a hundred times or more
great team
great work ethic
great updates
great announcements
great community.
well, while all of these are in fact true, that hasn't stopped the price from tanking. market conditions and all that jazz. what you gonna do?
well the big reason, in my opinion, that it hasnt went to zero, is all to do with an upcoming equity swap.
you see Brickken is actually a real company that specialises in tokenising assests, and their clients keep getting bigger and bigger. like the country of Luxembourg for example! naturslly to attain clients like this they have to have all of thrir legal framework ironed out. they are fully compliant in the crypto limbo formally known as the EU, which in itself has to be some sort of whichcraft or wizardry.
now, not all of the details have been announced yet, but holders can soon swap their $BKN for equity in the company. A company that has just this week been valued at $38 million, and is on a projectory towards the billions.
$BKN is currently roughly $50k in buys away from a 400% price increase but nobody seems to be taking notice of what promises to be the most important narrative the crypto world has ever seen.
with all of that being said, is this now the time for RWA and more specifically tokenisation to step out of the shadows and take center stage?
Is now the time for RWA? $BKN is up 75% on the week.
byu/Ok-Sale-7341 inCryptoMoonShots
Posted by Ok-Sale-7341