15h ago
Sometimes crypto feels like inventing solutions for problems that don't exist. Why not keep it simple:
-Blockchain and NFT based real estate transactions to cut out the middelman
-A platform to take mortgages on crypto wealth
-A hybrid fiat/crypto bank account
-Passive yield by holding USDT
Fact is - these are mostly examples of useful adoption that would threaten interests of established industries with powerful lobbies. Genius act in the US is a good example. Retail plebs are not meant to benefit. Or Aave could easily operate as a hybrid bank, but legislation is more likely than not the reason they aren't.
Besides that, the startups active in the above examples are mostly fluff with little substance. No broad adoption globally. Even in places like Dubai it's more experimental than anything else.
Eventually things might change, but it's probably going to take much longer than we'd hope for.
3.52K
3
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.