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In the Web3 world, it often feels like reality and data haven't really converged yet.
Recently discovered @MavrykNetwork, it acts like a bridge, trying to bring traditional assets (such as real estate, bonds, commodities) into on-chain finance.
It has been announced that a real estate blockchain agreement worth over 10 billion dollars has been signed, in collaboration with institutions such as MultiBank Group and MAG Lifestyle Development.
The token $MVRK is used not only for transaction fees in this ecosystem, but also for staking, delegating, and collateralized lending.
I think this is a way to mobilize funds, bringing the value that was originally locked in paper or contracts into a tradable and combinable on-chain process.
Of course, I must remind you that the path of bringing real assets on-chain is still ongoing, and compliance, valuation, and liquidity cannot be ignored.
If you are also looking at the intersection of real assets + blockchain, this project deserves to be included in your watchlist.
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