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  • vratesh62

    •

    3 months

    RWA another means to grab money from retail

    So RWA is pretty much another reason to create tokens out of thin air where Insiders and VCs have all the tokens and allow the plebs to play with real world assets they think they own. First off Why does OM(Mantra) need to start with 972.15M out of Infinite Tokens in circulation? (distributed along many wallets so we think it's not heavily centralized) Concept of parcially owning property with others is dumb. Those you did this in real life know it's a headache. Let alone with people you don't know... Many properties can be vacant for long periods of time, Mantra only talks about revenue sharing, what about expenses? Don't worry they will sell Mantra for that you'll not pay a thing directly. Maintenance? Legal issues, contractor problems? None of that matters, because Mantra tries to shift the focus to owning and getting money through staking nothing else matters. In the end you have another token that represents what you think you own, and the team & VCs leave with heavy bags and the property.
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