Last week, while researching the RWA track, I suddenly realized a problem:
Why has RWA been shouted about for so many years but still hasn't taken off?
It wasn't until I saw Novastro (@Novastro_xyz) that I understood where the problem lies.
The RWA dilemma that troubled me
Last year, I tried investing in on-chain government bonds.
The logic is simple: 4-5% stable returns, on-chain transparency, much more convenient than traditional finance.
But after a month, I gave up.
It wasn't that the returns were bad, but it was too TM fragmented.
Government bonds on Ondo, real estate on Mantra, corporate bonds on Centrifuge... each protocol is an island, assets cannot interconnect, and liquidity is terribly poor.
At that moment, I suddenly understood: the current RWA protocols only solve the "issuance" step but haven't addressed the "liquidity" issue.
It's like having a bunch of property certificates but no trading market; these assets are dead.
Novastro's "Aha" moment
When I first saw Novastro's positioning, a thought suddenly flashed through my mind:
This TM is exactly how RWA should look!
They are not issuing a certain type of asset; they are creating a "network layer that allows all real assets to flow freely."
Imagine this:
You buy gold on Ethereum
You can directly use it for collateral lending on Arbitrum
Then sell it on Solana, exchanging it for real estate income rights
Throughout the process, AI automatically helps you handle compliance and yield optimization
This is the leap from "asset islands" to "asset networks."
DTC: Bringing assets to "life"
What excites me the most is actually Novastro's DTC (Dynamic Token Contracts) mechanism.
In simple terms, it allows each RWA asset to "come to life" like a smart contract.
Not static tokens, but "living assets" that can automatically execute rules, allocate yields, and handle compliance.
This reminds me of IRYS's programmable storage.
They are both doing the same thing: turning data/assets from "dead" to "alive."
And this transformation is where the true value of Web3 lies.
The data that convinced me
To be honest, I've seen too many PPT projects in the RWA track.
But Novastro is different:
In July, the testnet had over 400,000 users
$25 million TVL
Kaito IDO was oversubscribed by 250%
FDV is only $50 million
These numbers indicate that the market truly needs this.
More importantly, the TGE is set for October 15.
This means there isn't much time left for early participants.
NovaLand Genesis NFT: An opportunity worth paying attention to
As I write this, I notice that Novastro has launched the NovaLand Genesis NFT.
This is not an ordinary PFP but a truly valuable asset:
Early participation in RWA yield opportunities (real estate/agriculture/gold)
Staking $XNL for additional annualized returns
Gaining OG status and governance priority
What's even more interesting is that they are distributing NFT whitelist spots through "creator incentives."
This approach is very clever.
It's not about speed or wallet size but about content quality. The community filtered this way will be of much higher quality.
My judgment
To be honest, after seeing Novastro, my confidence in the RWA track has increased significantly.
Previously, I thought RWA was a direction that "looks beautiful but is hard to implement," but now I believe the problem isn't that RWA doesn't work, but that the previous approaches were wrong.
Ondo, Centrifuge, and Mantra are all focused on "asset issuance," but Novastro is building an "asset network."
This is the difference between going from 1 to N and from 0 to 1.
When real assets can flow and combine freely like DeFi, the imaginative space for the entire RWA track opens up.
And Novastro might just be the project that opens this door.
Deadline is October 12, time is running out.
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