Precious metals—silver, gold, platinum, palladium—represent a massive market opportunity that's largely been ignored by crypto. The tokenization sector? Nearly non-existent. You've got maybe 30-100k projects floating around, most with zero momentum or community backing worth mentioning. The real shift happening now: traders are ditching traditional naming conventions and gravitating toward 'shiny rocks' as the go-to term. It's spreading fast across communities. The naming evolution reflects something bigger—people actually want a simpler, more approachable way to interact with these asset classes onchain. The infrastructure's there. The appetite's there. What's missing is a proper, scalable tokenization framework that captures that demand.
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SelfCustodyIssues
· 15h ago
Shiny rocks really became a hot topic, but honestly most projects are just vaporware... Let's wait and see who can actually develop a reliable framework.
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The tokenization of precious metals has been seriously underestimated, just not sure if a decent one will emerge.
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"shiny rocks" haha, traders' naming taste is getting more and more eccentric... But infrastructure is in place, only that key solution is missing.
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Between 30k and 100k projects, still no movement, which is quite ironic... The real opportunity might still be undiscovered.
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The problem isn't demand, but that no one has nailed down a scalable solution; all these half-baked schemes are useless.
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Now more people are talking about "shiny rocks," but only a few can actually get this stuff on-chain and running.
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0xOverleveraged
· 15h ago
NGL, the on-chain precious metals sector has indeed been seriously underestimated. I laughed at the "shiny rocks" meme haha.
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Wait, are there only 30-100k zombie accounts for projects? Feels pretty similar to the NFT bubble back then.
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Even with infrastructure in place, still lacking frameworks? Basically, no one really wants to do this.
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I'm optimistic about this direction, just worried it might get messed up by some big VC.
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"shiny rocks" is really going to take off, much better than those flashy names.
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The problem isn't the mechanism; it's that no one believes in the liquidity of on-chain precious metals.
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CommunityJanitor
· 15h ago
Putting precious metals on the blockchain is really a barren land; not many people have tried it.
The "shiny rocks" meme haha, it's easier to remember than any official terminology.
Let's wait and see who can develop this framework.
Precious metals—silver, gold, platinum, palladium—represent a massive market opportunity that's largely been ignored by crypto. The tokenization sector? Nearly non-existent. You've got maybe 30-100k projects floating around, most with zero momentum or community backing worth mentioning. The real shift happening now: traders are ditching traditional naming conventions and gravitating toward 'shiny rocks' as the go-to term. It's spreading fast across communities. The naming evolution reflects something bigger—people actually want a simpler, more approachable way to interact with these asset classes onchain. The infrastructure's there. The appetite's there. What's missing is a proper, scalable tokenization framework that captures that demand.