Your grandpa scored 100 acres for just $5K back then. Land held value, maybe even appreciated over decades. Fast forward to today—that same asset type gets tokenized on-chain, and suddenly it's worth pennies. Wild, right? The digital version of something tangible just collapsed in value. Makes you wonder about on-chain asset valuations and whether we're pricing these things right. It's the kind of reality check the Web3 space needs.
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NFTFreezer
· 01-05 14:05
The truth is, on-chain asset pricing is completely ridiculous. When my grandfather bought land, it could still appreciate in value. Now, after tokenization, it becomes trash? What does that indicate? It just means nobody truly wants these things.
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PoolJumper
· 01-03 19:20
Basically, it's that good things being digitized actually devalue them, and this logic is really brilliant.
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0xDreamChaser
· 01-02 14:57
NGL, on-chain asset valuation now is just gambling. If real assets are tokenized, they actually depreciate? The logic is obviously flawed.
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PseudoIntellectual
· 01-02 14:53
Once land is virtualized, it depreciates so harshly. The problem isn't with blockchain; it's with people's hearts.
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VitaliksTwin
· 01-02 14:43
Real estate backed by real gold and silver can appreciate in value, but after digitization, it actually shrinks. This logic is indeed funny...
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ImpermanentSage
· 01-02 14:32
It's truly incredible. Real estate from the grandfather's era appreciated in value, but on the chain, it becomes worthless paper... Doesn't this mean our entire valuation logic has collapsed?
Your grandpa scored 100 acres for just $5K back then. Land held value, maybe even appreciated over decades. Fast forward to today—that same asset type gets tokenized on-chain, and suddenly it's worth pennies. Wild, right? The digital version of something tangible just collapsed in value. Makes you wonder about on-chain asset valuations and whether we're pricing these things right. It's the kind of reality check the Web3 space needs.