# RWA for Emerging Markets (part 2 of 2) > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [554], part 2 of 2. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2024-08-16 (YouTube upload date), https://www.youtube.com/watch?v=CWLcotrSEj0. Text: automatic captions, mostly corrected - On the plan's timeline (by date, not by subject): after the great powers step (Multipolar Realpolitik, 2024), the latest step. - How it fits the plan (the research build's reading): The contracting layer as development finance for poorer economies. - Career works it belongs to: - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine) - Hexayurt Capital Partners (2016): Talk on a new venture model: startups as factories for financial instruments, entrepreneurs as the scarce... (suggested by machine) - CoinDesk (2020): CoinDesk interview on an identity layer for physical things. (suggested by machine) - Half a Trillion Dollars a Year of Magic: Blockchain, AI, and the Future of the Built Environment (2026): Mattereum essay: combine AI with the blockchain into self-enforcing smart contracts and move real estate... (suggested by machine) - Threads (lines of work through his career) it is part of: - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (through a work suggested by machine) - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum. (through a work suggested by machine) - social enterprise: Enterprises that turn money into social capital and back: the capital conversion matrix from the Rocky Mountain... (through a work suggested by machine) - Topics: Property, NFTs & real-estate transactions (50%) - Distinctive terms here, against the whole archive: RWA (12 here; 20 sources in all, earliest dated 2017); trade finance (4 here; 4 sources in all, earliest dated 2017); real estate (24 here; 106 sources in all, earliest dated 2013, 2 undated); stablecoins (6 here; 26 sources in all, earliest dated 2015); DeFi (6 here; 31 sources in all, earliest dated 2015); real assets (2 here; 7 sources in all, earliest dated 2012); Mattereum (15 here; 127 sources in all, earliest dated 2014, 2 undated); USDT (2 here; 14 sources in all, earliest dated 2021); growth rates (1 here; 3 sources in all, earliest dated 2018); Asset Passport (3 here; 33 sources in all, earliest dated 2017, 2 undated) - Importance: core-text score 0.29 (1.00 is the top), number 265 of the 729 sources it scored, the research build's measure of substance, importance and innovation - On the same works, just before: [557] [The Future of Real Estate RWA (2024)](https://guptaoption.com/texts/557.md); [556] [ETHCC24: 'Selling physical things using NFTs: what we... (2024)](https://guptaoption.com/texts/556.md); [555] [Breaking Down Real World Assets: Crypto Daily, with... (2024)](https://guptaoption.com/texts/555.md) - On the same works, just after: [553] [Ethereum and Fraud (2024)](https://guptaoption.com/texts/553.md); [552] [Dollars are RWAs (2024)](https://guptaoption.com/texts/552.md); [551] [The Money Is The Smallest Aspect Of This Beast (2024)](https://guptaoption.com/texts/551.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: RWA for Emerging Markets, video, 2024-08-16, https://www.youtube.com/watch?v=CWLcotrSEj0; in Vinay Gupta's archive at guptaoption.com, source [554], https://guptaoption.com/texts/554.md. Other speakers' passages are removed, so there can be gaps. ## Passages, part 2 of 2 [42:30](https://www.youtube.com/watch?v=CWLcotrSEj0&t=2550s) it could be Tesla it could be name it micro strategy you know getting on with Michael sailor and his vision for Bitcoin why not so poly trade enables that what is your vision what is your expectation with wealth creation and also how does this happen with the defi liquidity and yield models and the secondary trading a quick brief for the audience who are not very familiar with how this whole thing works yeah so I think and I already beautifully touched upon how wealth creation would work with the with the money transfer between parties between countries between different um aspects where you know you have a stable income and you have a high growth income um that's how the money flow should happen and that's how wealth generation will happen at different different status you know age groups everybody has a different understanding of how he how he thinks about wealth I think as a Marketplace our aim is very very clear that we want to bring these opportunities to people um want to abstract away the the basic nuances of which chain which protocol and even frankly which country right I mean if I say I I would like to buy some real estate in an Asian tiger country what looks like a good deal right now two or three years from now that'll be a surf somebody can punch into the platform and it'll come back and be like well you know here's this thing in Cambodia and here's this thing in you know Thailand and here's this thing somewhere else here's your options and you you know this one this one this one quick quick you wind up with something that looks like e-commerce but it's e-commerce for financial instruments precis right precisely so I think you know that's why somebody funnily calls us Amazon uh because um we we are selling real estate and Ferrari at the same time so it could be Amazon for that matter but U but that also brings me one more Point U you know Prine that we have these uh we have these fund managers uh whose job is to identify be assets offer them to their LPS or investors um again the whole struggle of moving into web3 and saying that I love tokenized asset but how the hell do I really go about 20 protocols to due diligence on them then put my money there and then maintain an Excel file to maintain all my assets know when to exit know how to redeem know how to collect my interest it's such a nightmare right I'm better off putting my money into US market and like I'll forget about it right um so then then this whole [45:00](https://www.youtube.com/watch?v=CWLcotrSEj0&t=2700s) Marketplace brings those functionalities to people that you bring in your million dollar and you say that I want to allocate 50% to real estate these are my preferred geographies Taiwan you know Thailand Bali India us I pick these five jurisdictions I allocate 2020 2020 each then I get certain options and boom in one click I'll be able to buy all these assets at one place and I don't need to maintain dashboard because PO is giving me a dashboard with all the all the you know tracks and whatever you want to track on each portfolio so that's that's the aim for a for a larger wealth creation for individuals as well as fund managers coming to defi you know I I understand that users run after free money in web 3 unfortunate truth the ponics we call them ponics right the D has been running on ponics for a very long time when when this D ponics is going to get over you need real yields you need real returns you need real assets right I think we are very close to that time where DeFi liquidity will slowly steadily move towards real assets uh and I guess our aim is to tap into not only existing defi liquidity but to bring more web2 users into web3 and again how can we ease their Journey not confuse them with nuances of web3 not give them 100 options tell them you just use connect your bank do your credit card bring your money into a stablecoins of whichever denomination they can be and you are able to buy these assets it should be as simple as that as I'm talking and explaining right so yeah our I think we are all of us are working towards one common goal uh is just that how we partner together and you know yesterday we were discussing among our team what are our core values our core values are actually collaboration because till we collaborate we will always fight or just work in silos for our own product our own Community our own little bit of tvl and liquidity let's work together to bring a common ecosystem wonderful and I think that's going to pave the way for uh from a def5 summer that You' have experienced to an rwa summer where True Value is [47:30](https://www.youtube.com/watch?v=CWLcotrSEj0&t=2850s) unlocked thinking too small you're thinking too small right what we're talking about is the digitization of all the ring assets which aren't digitized right it's you know I mean okay there might be a little flash here and a little flash there as people warm up the idea but you know when vro is like w we got 10 trillion of assets on the management we like look of public blockchains you know that's a sort of indicator that what people are ready for is for Global Finance genuinely global and if we think of that process you know how long is it going to be until half a percent of the world's real estate is accessible onchain five years right and it's probably going to start with real estate investment trusts tokenizing their equity and then it'll be developers that are tokenizing you know individual apartments inside of new developments and they'll be selling those things to family offices and re and all the rest of this kind of stuff but you know it's yes there might be a little bit of you know like we had a great summer things happen all the rest of this kind of stuff but it's like talking about the digitization of Music in the late 1990s somebody posts a bunch of MP3s of their album and everybody goes like wow this digitization Music Revolution is sure picking up and then 10 years later it's 60 million tracks on Spotify for $10 a month that that's what happens with digitization is you do a little bit of kind of Rinky Dink test stuff and then you go from like one author has one PDF on their website for $5 to Amazon Kindle in like four years there's just this point where things go and I think that is very much where we're at on rwa because the blockchain technology is good enough for storing hundreds of billions of dollars of weird looking Funny Money assets you know that's a that's a strange look do whatever but you know like the underw technology is held up and held up and held up and it doesn't get hacked and everything is fine and then all of a sudden right boom all the other stuff arrives right and to me that's how the start of ethereum right we had 10 years of system testing with essentially imaginary test data people just keep making up new kinds of test data and running through the system and sometimes they make billions of dollars but it's all basically test data and then somebody says okay that's good enough we can start running wheel stuff through and then you wind up in multiple trillions of dollars for hard assets and everybody goes oh yeah ethereum that that wasn't just about we're buies no it was not just the work monkeys those was just test Thea and now we can actually start the real game that's how I see it I I think that's that's exactly what the world is seeing now with nfts not [50:00](https://www.youtube.com/watch?v=CWLcotrSEj0&t=3000s) holding jpegs anymore but real estate gold name it so I think it's it's tremendous uh and I really like what you said B that collaboration is the key uh it is the mutual belief it's a mutual trust it's a mutual confidence that really takes this pace forward uh brings the users in and yes retail will soon follow uh the validation that institutional investors and B2B experiences unlock um that said there are some very exciting announcements that I am privy to know that the polit tra team has been you know um hustling and building away behind the scenes is there anything you would like to share with our listeners today uh what they can look forward to in the coming weeks months with poly trade and how they can participate and get started you mention there are users who are regularly using the platform in the marketplace uh I would love to also understand what you expect uh for other personas entities uh for to engage with your project yeah so bra um um again being in phase two which is WID listed users and moving to public launch everybody keeps asking me when are we doing public launch I never answer because it's not Market dependent or situation dependent a public launch means the user Journey should be so smooth that you know once comes he he would love it he just doesn't want to leave right um so um for me multi-chain uh assets is something which is which is a key priority um which is coming as a release in July itself you partnered with 11 Chains It's not the partnership with the chain the ideology is that I want to bring assets on your chain RW assets which are tokenized on your chain to my Marketplace so when we go to a chain and they ask us that why are you coming to us or you know blah blah blah I said I'm not coming to you I want assets on your chain to be listed on my Marketplace so that is the reason I will deploy my contracts on your chain I don't need you right so that deployment of 11 partner chains will going to happen uh in July that means 30 plus new protocols and their assets will be listed on Marketplace instantly after that we are experimenting crazily every day we have done art we have done jewelry we have done gold silver we have done real [52:30](https://www.youtube.com/watch?v=CWLcotrSEj0&t=3150s) estate we have done treasury bills Equity bonds carbon credits we are bringing uh we are bringing solar uh gener solar driven these bikes EV bikes from UA which are giving you fixed yield they are all my point is that you know we want to understand where the demand is what is it that user wants to buy today where a user is the most comfortable trusting the process behind that you know there is we have done our duty but I cannot convince you braine that please buy a onchain treasury bill right you will buy when you believe you want to buy right correct so um so our job is to keep experimenting keep populating the marketplace with as many assets as possible by end of July I'm pretty confident that we will cross 50 plus protocols and their assets to be listed with 11 chains and these 11 chains literally cover a lot of big chains as you can see that those Chains would have maximum number of RW projects being built so that's great uh yeah pretty much there we are wonderful so it's an open Call to Arms for everyone who is curious and what you mentioned with the platform's agnostic approach to kind of creating and onboarding these assets I think it becomes a no-brainer and it also reminds me of a code from Jeff Bezos I'm paraphrasing here when he said that you know you don't need to necessarily come to Amazon to buy products you can come to Amazon to just read the reviews and know if you're buying the right product yeah um for example I think it becomes uh no-brainer when someone comes to poly trade sees the due diligence the effort the team has put in the simplified access to liquidity and to be able to trade these assets that it just it's it's it's a natural instinct to trust the one who has done the most leg work and has has the bigger Vision wi that said a summary takeaway for the audience with there's been a lot of exciting developments you're uh still a little steep deprived uh from a very huge space that you participated in a few hours back uh marional now that it's out there uh we uh What uh what's next for Mattereum and what should the audience look forward to what's in the works so the Mattereum uh main sale uh for the European and rest [55:00](https://www.youtube.com/watch?v=CWLcotrSEj0&t=3300s) of world token has concluded so we token sale uh we learned a lot we got some right we got some wrong uh so far the technology seems to have held up and the legals appeared to be okay you the rest of that we we'll see how we do um the big announcement is that Mattereum has announced Mattereum Germany uh has announced um a US token project now for various reasons we have to be staggeringly careful about what we say about that so all I'm going to say is all relevant information is at Mattereum.io and I can't really say any more about the US token project at all other than if you want more information about that go to Mattereum.io uh you know nothing is for sale yet so that is in process we'll know more about that right quite soon uh and the uh European to I don't even know whether my disclaimers have changed but the disclaimers which applied pre-sale were not available in the US or UK terms and conditions apply uh token is issued by Mattereum driving subsidiary uh and uh the exchange partner form so you know it's kind of like I've been in the crypto business since 2014 and I finally have token of my own how amazing now I can have all the problems of people who have tokens and communities have and also a token but the interesting part about tokens is um and that's what the non- crypto audience perceives of the blockchain there is funny internet money changing hands with value associated with it but everyone knows the value of a bar of gold everyone knows the value of uh Diamond everyone knows the value of real estate this is stuff that you can speak to your grandmother about and everybody gets it and I think that's the True Value and potential of what W brings to the uh world and also what it uh has in terms of an offer for the audience again I hope this podcast has been helpful and has opened your mind up to what uh projects like poly trade and Mattereum are bringing to the table we look forward to answering your questions you can join po trade on their handle on X and their communities on Discord and telegram Mattereum of course is available on X and also on Telegram happy that you could join us and I'm super thrilled to have these Founders join us and spare [57:30](https://www.youtube.com/watch?v=CWLcotrSEj0&t=3450s) the precious time with us again we hope you have a nice time and we'll see you on the next one --- End of [554] RWA for Emerging Markets, part 2 of 2. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [553](https://guptaoption.com/texts/553.md) Ethereum and Fraud (2024); his whole career in one file, https://guptaoption.com/story.md.