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jasondailyweb3
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Today, Elon Musk's rocket company officially hits the Nasdaq with the ticker SPCX, valued at around 1.77 trillion dollars, even bigger than Tesla on its first day. This is the largest IPO in history.
And I've noticed everyone is asking the same question: should we buy, where to buy, is it too late? Honestly, after nearly 9 years witnessing one hype cycle after another, I believe the question "should we buy" isn't the most pressing right now. This time, they reserved about 30% of shares for retail investors, instead of the usual 5 to 10%. Suddenly, the brokerage apps of millions have a buy registration button appearing. The order book is being oversubscribed multiple times. It's a massive FOMO machine, cleverly designed.
And here's where it gets relevant to us in the crypto space. Over the past few years, one of the biggest trends in crypto has been the tokenization of real-world assets, or RWA, bringing stocks, bonds, and real estate onto the blockchain. The boundary between traditional finance and digital assets is fading. An event like the largest IPO in history, with the craving of retail investors wanting to own a piece, represents the type of demand that the tokenization wave is targeting. Two worlds that many thought were separate are actually drawing closer together.
But whether it's the hottest stock on the planet or a newly launched token, I see the lesson remains the same. The FOMO makes people so scared of missing out that they forget to ask themselves what they are actually buying, at what price, and why. I'm not saying whether to buy or not; that’s a personal decision and your money...
To be continued 👇
#JasonDailyWeb3 #SpaceX #RWA #tokenization #blockchain
And I've noticed everyone is asking the same question: should we buy, where to buy, is it too late? Honestly, after nearly 9 years witnessing one hype cycle after another, I believe the question "should we buy" isn't the most pressing right now. This time, they reserved about 30% of shares for retail investors, instead of the usual 5 to 10%. Suddenly, the brokerage apps of millions have a buy registration button appearing. The order book is being oversubscribed multiple times. It's a massive FOMO machine, cleverly designed.
And here's where it gets relevant to us in the crypto space. Over the past few years, one of the biggest trends in crypto has been the tokenization of real-world assets, or RWA, bringing stocks, bonds, and real estate onto the blockchain. The boundary between traditional finance and digital assets is fading. An event like the largest IPO in history, with the craving of retail investors wanting to own a piece, represents the type of demand that the tokenization wave is targeting. Two worlds that many thought were separate are actually drawing closer together.
But whether it's the hottest stock on the planet or a newly launched token, I see the lesson remains the same. The FOMO makes people so scared of missing out that they forget to ask themselves what they are actually buying, at what price, and why. I'm not saying whether to buy or not; that’s a personal decision and your money...
To be continued 👇
#JasonDailyWeb3 #SpaceX #RWA #tokenization #blockchain
Thank you for the invitation from SCEX, hoping to have a lot of valuable information as well as sustainable cooperation directions for the Daily84dotcom community in the future 🤝
SCEX (formerly LPEX) is one of the 5 entities with valid applications for cryptocurrency asset exchange licenses, having passed the first evaluation round of the Vietnam Ministry of Finance
#JasonDailyWeb3 #cryptoeducation #AIEducation
SCEX (formerly LPEX) is one of the 5 entities with valid applications for cryptocurrency asset exchange licenses, having passed the first evaluation round of the Vietnam Ministry of Finance
#JasonDailyWeb3 #cryptoeducation #AIEducation
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