- Mar 21, 2025
- 75
- 0
RWA's encryption mapping is becoming one of the most consensus development directions in the encryption industry. From traditional real estate to art, accounts receivable to national bonds, everything can be "RWA". But when the bubble subsides, a cruel problem emerges - it's not that RWA is difficult to put on the chain, but how it flows and monetizes after being put on the chain.
The story of real estate RWA has been told for many years, but it has always been difficult to achieve true scale: the valuation standards are vague, the realization path is scarce, the holding period is too long, and the regulatory risks are unclear... It seems that the asset value is huge, but in fact, users can only "hold on paper".
So, the question is: What kind of scene is the most suitable first stop for RWA to land? The answer given by Coinsidings is "tourism".
Why has the real estate RWA fallen into a liquidity quagmire?
RWA is not a new concept, but the frequent setbacks in real estate RWA stem from two key points.
1. The opacity of "valuation anchor"
Traditional real estate valuation is influenced by multiple factors such as location, policies, and cycles. The asset evaluation systems in different regions are vastly different, making it difficult to standardize the "value tags" on the chain. Even if it is mapped as a certain token on the chain, its price lacks consensus, and counterparties often cannot judge its value.
2. "Use value" cannot be released
Real estate assets are closed for a long time, and holders have almost no way to use or profit except for waiting for appreciation. Cryptocurrency users tend to quickly liquidate and have high liquidity. This traditional heavy asset model of real estate is naturally disconnected from the operational logic of the cryptocurrency world.
In short: Real estate RWA is too heavy, too slow, and too difficult to trade.
Why does the RWA logic of tourism scenarios naturally adapt to encryption?
In comparison, tourism scenarios have the following unique advantages:
1. High-frequency consumption, fast capital turnover
Tourism consumption is a natural short-term and high-frequency behavior: accommodation, travel, catering, tickets, services... Each item is a real transaction behavior that can be recorded and mapped on the chain. This high-frequency attribute provides "liquidity support" for assetization.
2. Data can be split and behavior can be traced
Every accommodation order and payment can be packaged and mapped as Data assets through smart contracts. This "order is value" design endows asset characteristics to consumer behavior and provides a distributed basic unit for tokenization.
3. The discount, points, and equity linkage mechanisms are naturally rich
The tourism consumption scenario already comes with the logic of "coupons", "membership levels", and "discount rebates". The "token incentives", "programmable assets", and "on-chain points" in the encrypted world are highly compatible with this system and can even be further optimized and automated.
Therefore, if real estate RWA is more like a "sediment" on the chain, then tourism RWA is more like the "flowing blood" of the chain world.
How does Coinsidings reconstruct the asset logic with tourism RWA?
Coinsidings did not choose to enter the RWA track from the perspective of traditional heavy assets, but took a different approach: starting from tourism accommodation, mapping each real order into an "asset certificate" that can be confirmed, tracked, and participated in profit sharing, and further forming an asset network closed loop.
1. RWA Asset Network starting with "Booking"
On the Coinsidings platform, every accommodation order is not just a travel record, but also a "generation behavior" of assets. Users complete the reservation through multi-currency payment, and the system synchronously generates on-chain data that can be used for point accumulation, rebate exchange, and subsequent profit sharing.
These order data have verifiability and uniqueness on the chain, not only serving as transaction vouchers, but also as proof of value for consumer behavior. More importantly, these data are not static, but can form the basis for economic incentives.
2. CSS points mechanism: create "chain life behavior certificate"
In Coinsidings 2.0, CSS points are not only the rebate unit for travel consumption, but also the "behavioral currency" of the entire customer engagement ecosystem. For each completed order, users can not only receive price discounts, but also accumulate CSS points synchronously and use them for the following purposes:
3. Break the rigidity of real estate RWA with "short-term rental order"
Once traditional real estate assets are put on the chain, it is difficult to frequently transfer, combine, and re-mortgage. However, Coinsidings adopts the "order-driven" model, which regards accommodation orders as asset units, and each order represents a real usage scenario and corresponds to real settlement data.
The story of real estate RWA has been told for many years, but it has always been difficult to achieve true scale: the valuation standards are vague, the realization path is scarce, the holding period is too long, and the regulatory risks are unclear... It seems that the asset value is huge, but in fact, users can only "hold on paper".
So, the question is: What kind of scene is the most suitable first stop for RWA to land? The answer given by Coinsidings is "tourism".
Why has the real estate RWA fallen into a liquidity quagmire?
RWA is not a new concept, but the frequent setbacks in real estate RWA stem from two key points.
1. The opacity of "valuation anchor"
Traditional real estate valuation is influenced by multiple factors such as location, policies, and cycles. The asset evaluation systems in different regions are vastly different, making it difficult to standardize the "value tags" on the chain. Even if it is mapped as a certain token on the chain, its price lacks consensus, and counterparties often cannot judge its value.
2. "Use value" cannot be released
Real estate assets are closed for a long time, and holders have almost no way to use or profit except for waiting for appreciation. Cryptocurrency users tend to quickly liquidate and have high liquidity. This traditional heavy asset model of real estate is naturally disconnected from the operational logic of the cryptocurrency world.
In short: Real estate RWA is too heavy, too slow, and too difficult to trade.
Why does the RWA logic of tourism scenarios naturally adapt to encryption?
In comparison, tourism scenarios have the following unique advantages:
1. High-frequency consumption, fast capital turnover
Tourism consumption is a natural short-term and high-frequency behavior: accommodation, travel, catering, tickets, services... Each item is a real transaction behavior that can be recorded and mapped on the chain. This high-frequency attribute provides "liquidity support" for assetization.
2. Data can be split and behavior can be traced
Every accommodation order and payment can be packaged and mapped as Data assets through smart contracts. This "order is value" design endows asset characteristics to consumer behavior and provides a distributed basic unit for tokenization.
3. The discount, points, and equity linkage mechanisms are naturally rich
The tourism consumption scenario already comes with the logic of "coupons", "membership levels", and "discount rebates". The "token incentives", "programmable assets", and "on-chain points" in the encrypted world are highly compatible with this system and can even be further optimized and automated.
Therefore, if real estate RWA is more like a "sediment" on the chain, then tourism RWA is more like the "flowing blood" of the chain world.
How does Coinsidings reconstruct the asset logic with tourism RWA?
Coinsidings did not choose to enter the RWA track from the perspective of traditional heavy assets, but took a different approach: starting from tourism accommodation, mapping each real order into an "asset certificate" that can be confirmed, tracked, and participated in profit sharing, and further forming an asset network closed loop.
1. RWA Asset Network starting with "Booking"
On the Coinsidings platform, every accommodation order is not just a travel record, but also a "generation behavior" of assets. Users complete the reservation through multi-currency payment, and the system synchronously generates on-chain data that can be used for point accumulation, rebate exchange, and subsequent profit sharing.
These order data have verifiability and uniqueness on the chain, not only serving as transaction vouchers, but also as proof of value for consumer behavior. More importantly, these data are not static, but can form the basis for economic incentives.
2. CSS points mechanism: create "chain life behavior certificate"
In Coinsidings 2.0, CSS points are not only the rebate unit for travel consumption, but also the "behavioral currency" of the entire customer engagement ecosystem. For each completed order, users can not only receive price discounts, but also accumulate CSS points synchronously and use them for the following purposes:
- Used to participate in the new round of platform IPO projects and lock in high-value assets that are about to be launched in advance.
- Exchange and trade in the secondary market with instant liquidity.
- Enjoy a jump in membership level, corresponding to different levels of service and option returns.
3. Break the rigidity of real estate RWA with "short-term rental order"
Once traditional real estate assets are put on the chain, it is difficult to frequently transfer, combine, and re-mortgage. However, Coinsidings adopts the "order-driven" model, which regards accommodation orders as asset units, and each order represents a real usage scenario and corresponds to real settlement data.
