Projects that exploit the RWA banner are destroying a promising track that should have had potential.
Originally, asset on-chain could open new financing channels for traditional enterprises, with higher efficiency and possibly lower costs. But too many low-quality projects in the market have tarnished the concept, ultimately leading to tighter regulation.
This issue is actually quite contradictory: achieving both safety and innovation has never been easy. But the current result is that those companies genuinely wanting to try RWA can't even get through the door.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
8
Repost
Share
Comment
0/400
AirdropHunter
· 1h ago
They're just a bunch of scammers ruining the track here.
View OriginalReply0
AirdropLicker
· 1h ago
Really, there are too many scammers, turning good tracks into cult hideouts.
View OriginalReply0
PretendingToReadDocs
· 12-10 13:55
Seriously, a bunch of worthless projects have forcefully blocked the path of RWA, it's outrageous.
View OriginalReply0
HalfBuddhaMoney
· 12-10 13:55
Really, those RWA projects that scam investors really deserve to die.
View OriginalReply0
CodeAuditQueen
· 12-10 13:54
This is a typical reentrancy attack logic. The bad projects earlier caused the entire call stack to collapse, and those that follow have to take the blame.
---
In short, regulatory tightening means they found security risks but no audit reports, which is a case of overcorrecting.
---
Teams that genuinely want to do things have now become the targets of gas optimization out of necessity, and efficiency has actually decreased. Irony.
---
Overdone overflow checks have made it impossible for even legitimate projects to run smoothly.
---
I’ve reviewed the smart contract code of those harvesting parties, and the vulnerabilities are ridiculously numerous. No wonder regulators are furious.
---
On-chain asset management was originally a good idea, but it was turned into a joke by a group of scammers' attack vectors.
---
Now, rebuilding trust costs ten times the original, and these people owe an apology.
View OriginalReply0
DeadTrades_Walking
· 12-10 13:50
It's the same trick again, the scammer ruined the good hand.
View OriginalReply0
StealthMoon
· 12-10 13:45
It's the same old trick, fooling retail investors and then deceiving regulators again.
View OriginalReply0
DecentralizeMe
· 12-10 13:28
Really, this wave of chopping leeks has tarnished the entire industry, and now even good projects are not trusted.
Projects that exploit the RWA banner are destroying a promising track that should have had potential.
Originally, asset on-chain could open new financing channels for traditional enterprises, with higher efficiency and possibly lower costs. But too many low-quality projects in the market have tarnished the concept, ultimately leading to tighter regulation.
This issue is actually quite contradictory: achieving both safety and innovation has never been easy. But the current result is that those companies genuinely wanting to try RWA can't even get through the door.