The RWA track has been gaining popularity recently, with some calling it the engine of the next bull market that can create a multi-trillion dollar market.

If you haven’t configured RWA sector tokens yet, you are really OUT.

Today, Fengchun will share with you a low-market-cap potential project in the RWA sector, which is likely to become a leader in the RWA track in the future.

Let me first introduce what RWA is?

"RWA" is the abbreviation of "Real World Assets"

It refers to a development track in the financial field that digitizes and tokenizes real-world assets through blockchain technology.

The purpose of the RWA track is to convert actual assets such as real estate, stocks, bonds, commodities, etc. into digital assets to improve their liquidity, transparency and interactivity, and to trade and invest on the blockchain network.

Next, I would like to introduce to you the potential project in the RWA track - CFG (Centrifuge).

CFG Core Introduction

CFG is a decentralized asset financing protocol

Users can NFT their real-life assets (such as real estate, invoices, etc.) on CFG, and then mortgage them to the Tinlake pool for loan financing. There is no need to go through banks or intermediary companies in the middle.

Tinlake is an investment platform on CFG where investors can invest in digital asset pools and earn returns from them.

Currently, the real assets locked in the CFG platform are US$230 million.

In short, CFG allows users to easily use real assets for financing and investment without relying on traditional financial systems.

MakerDao and AAVE’s RWA markets primarily work with Centrifuge.

CFG detailed introduction

Founded: 2017

Team members: Experienced, CFG is the founder’s fourth venture in the financial field

Section: RWA, Layer1, Polkadot Parachain

Financing:

2018-03-06 Completed $3.8 million seed round

2021-02-23 Completed US$4.3 million in financing

2022-11-02 Completed US$4 million strategic financing

CFG has a luxurious investment lineup, including cb, Robot Ventures, Distributed Capital, etc.

CFG Economic Model

The Centrifuge platform currency is $CFG, with a total of 430 million.

Because it is a public chain coin, there is no token contract and it can only be purchased on centralized exchanges.

There is a high probability that cb will be listed later because Cb is an investor of CFG.

The functions of CFG tokens include platform governance and platform transaction fees.

Token Allocation

Private sale price: Undisclosed, $4.3 million

Seed round price: Undisclosed, $8 million
ICO round price: $0.38, $6.46 million in total, 17 million tokens

ICO second round price: $0.55, a total of $9.35 million, 17 million tokens

Current price: 0.3

In terms of price, it is currently lower than the ICO price, but it is unclear what the prices of the seed round and private pre-sale are. The current price cost is average.

There may be some problems with the token distribution design, with contributors holding a high proportion of tokens and a relatively concentrated distribution of chips.

Competition on the track

CFG belongs to the track of RWA. Currently, the RWA track is very popular, but relatively few people pay attention to CFG, a potential project.

In terms of market value, CFG's market value is only 1/13 of MKR, and it has a lot of room for growth.

Currently, most RWA projects mainly purchase U.S. bonds, and then claim to belong to the RWA track, with low thresholds and poor standards.

CFG is a true RWA project. It is extremely innovative by NFTizing real-world assets and then mortgaging them on the chain for loan financing!

CFG Current Status and Future Plans

Recent events:

On September 19, CFG hosted the first RWA Summit in New York.

Recently, we formed a new organization, the Tokenized Asset Alliance, with Circle, Coinbase, Base, Credix, Goldfinch, and RWA.xyz.

Aims to bring the next trillion-dollar asset class on-chain through real-world tokenization, education, and advocacy.

future plan:

1. Launch a multi-chain liquidity pool, allowing users to invest in real assets on multiple chains. Currently, the test network has been launched on BASE and ARB chains.

2. Launch the RWA market in collaboration with Aave

3. Anemoy Capital, a web3 native asset management company, brings tokenized liquid notes to Centrifuge.

Final summary

CFG is a very high-quality RWA project and deserves everyone's attention.

But it’s up to you to decide when to get on board. I’m only sharing projects, not making recommendations.