According to a report by CoinGecko, the RWA sector will grow by 782% in 2023 and is now valued at $931 million. Assets from real businesses are increasingly coming into the crypto world and tokenizing their assets, and the sector is growing at a shocking rate.Â
In 2024, the RWA sector will be the second most profitable sector after memecoins. However, memecoins are subject to greater volatility and lack the fundamentals that real assets have. Therefore, the RWA sector is considered a more reliable investment.
If you don’t know what the RWA sector is, it is Real World Assets. It refers to any real world business assets that have been tokenized into NFTs or tokens. Investors can then buy such tokens and own a piece of the business and receive income from its operations in proportion to their share.
I have been studying various projects in the RWA sector for a long time, as it is close to my heart. I like to own real assets, not zeros and ones on my account, as in the case of the same memcoins.
Analysts from CoinDesk predict that the RWA sphere will grow 10 times. Therefore, now is a great opportunity to invest in companies in this sector to make a good profit in the future.
And just one project from this sector will be discussed in my article. It is the IVEX Financial project. The assets of the project are diversified by industries and even countries, and the ecosystem includes many interesting and sometimes incongruous things. I consider the project’s token to be a great investment on which it will be possible to earn a few dozen Xs. Now I will tell you why I think so. Let’s go!
IVEX ecosystem. Dedicated review
IVEX Project has a large and diverse ecosystem. It includes: a real farm in Turkey, its own island with various infrastructure in the form of hotels, restaurants, shops, the ecosystem also includes 2 metallurgical plants located in Turkey and the UAE, a soccer team, a meta universe and its own cryptocurrency concierge that automates the management of your assets. Let’s break down each asset.
A real IVEX organic farm in Turkey
As far as I understand, it is the farm that the company is now focusing on. It will be an organic farm with a large territory. And the territory itself will be divided into NFT plots that anyone can buy. On your land, you will be able to raise livestock or construct buildings, such as a chicken coop. You will be able to watch all the actions on your farm online through video cameras that will work around the clock, or you will be able to visit the farm in person and see your land in person.
Your tasks will be completed by farm workers, who will be paid 10% of their profits for managing your farm. They will be paid in IVEX tokens. I liked the concept of the farm and its openness to its owners.
However, it should be understood that the farm is currently under construction and has not yet been launched. However, they are actively working on it. According to the roadmap, the farm should be launched in Q1 2025.
Own island in Greece
The next asset in the queue is its own island with infrastructure, located in Greece. The island will have shopping centers, restaurants, villas, yachts and other infrastructure. Just like the farm, you can become a co-owner of the island and receive a portion of its income. You will also be able to visit the island yourself, stay in one of the hotels, and pay for all goods and services on the island with IVEX tokens! I think I know where I will spend my next vacation:)
But according to the roadmap, the island has not been bought yet. Its purchase is planned for the 2nd quarter of 2025.
Metallurgical plants
The first plant is a metallurgical plant in Dubai and the second plant is a narrow profile shock absorber plant in Istanbul.
As far as I know, both plants are still under development. After their opening, it will be possible to become a co-owner of industrial enterprises and receive income from their activities.
Soccer team
The plan is to create a real soccer team that will also be based in Turkey. This time the token will be used by the fans as a voting token. It will be possible to vote for changing many factors: changing the schedule or changing the team’s uniform. The launch of the football team is planned for Q2 2025.
The Meta-Universe and the Crypto-Concierge
It will be possible to manage all assets from a single center: independently or with the help of a cryptocurrency concierge. Its launch with minimal functionality is already planned for Q4 2024.
In the meta-universe, you will be able to buy and sell your farmland, manage part of your island, participate in voting and influence your other assets. It’s a complete control center that will have everything you need.
Crypto-Concierge will be available in the Crypto-Concierge app and will help you manage your assets. Essentially, your assistant is an AI bot that you can use to request a transaction, for example, or ask for portfolio maintenance. You will also be able to make commission-free transfers through Crypto-Concierge, exchange tokens in the Ethereum, Tron, BNB, Bitcoin networks, send your tokens IVEX or stackable tokens, and interact with fiat: order cash delivery (available currencies USD, EUR, AED, TRY, RUB), make cash deposits and withdrawals, and buy tokens for fiat directly from your bank card.
But this begs the question: where will it all be stored? The app does not have access to your coins and all funds are stored in your wallet. In addition, Crypto-Concierge has passed several audits, so everything looks secure. The app is intuitive and ready to use.
In addition to the app, Crypto-Concierge debit and virtual cards from VISA, MASTERCARD and UNIONPAY, owned by the Hong Kong MSO, will soon be available. Owners of these cards will be able to use them worldwide without any restrictions.
As you can see, there are a lot of interesting assets in the ecosystem, but there is still very little information about some of them. It is important to understand that in order to make dozens of Xs, you have to invest in projects that sometimes only provide the idea of the project and the minimum kit for its creation. This is true for all absolute projects. If we invested in projects with finished products, they would cost many times more and would not bring us the desired Xs.
According to the roadmap, most of the assets should go live this year and next. But it’s still not clear to me how so much work will be done in such a short time. Obviously the team really knows what they are doing. Or are we in for some delays and plan changes? But I researched the project team myself. So at least with metauniverse and farm I can trust the team and believe in the timeline of implementation.
Project team
The team consists of entrepreneurs, investors, and experts in the fields of blockchain, finance, agriculture, tourism, and sports. You can read more about them here. The team is also well versed in the markets of Turkey and the UAE, which gives them the opportunity to build their planned assets there. It was also pleasing to see that the team has experience in agriculture. You can now rest assured, at least as far as farm management is concerned.
In fact, each of you will have a great opportunity to meet and talk directly with the IVEX project founders at the Blockchain Life 2024 conference, which will be held in Dubai in October. Stand A2 – our team will be there as well, so we look forward to seeing everyone.
IVEX Token
The IVEX token will be traded on two centralized exchanges as of May 2024: MEXC and BitMart. Now the price is in a slump and most likely it will fall until there is positive news about the development of the project.
If you buy the token, I would advise you to buy a little bit every month to get a good average purchase price. However, I would not take the project for a large part of the portfolio. Remember diversification. Treat it as a risky investment that you can lose. But in case of profit, you could easily double your bank.
On Tokenomics, the total volume is limited to 600 million tokens. Linear unlocks are planned from the private round. The capitalization of the project is now $281 million. This is quite a large capitalization for such a project, but given the size of all its assets – everything is quite natural.
The token will have many utilities, so it will definitely be in demand as the ecosystem develops. In fact, the token will be used in one way or another in every asset of the project and thus will be a link in the entire ecosystem.
Conclusion
As you can see, it is a good project. It stands out among other RWA projects because of its stable economic model and diversification of real assets across countries and industries. You can buy the token at a good price and wait for the release of the main planned products. It will be possible to partially lock in investments on the launch of these products. Overall, I would expect 20-50x from this project.
However, if the RWA sector really grows by 10 times, as analysts predict, the profit could go over a hundred. Such profits may outweigh the possible risks of investing too early. Overall, if you are a regular investor, I would focus on the real assets sector now as it is already showing decent growth and this growth is likely to continue.
Don’t invest too much in one token. DYOR. Put your likes and write which projects from the RWA sector are still worth considering. And that’s all for us.
