Now that the crypto economy is getting back on track, multiple utility-focused cryptocurrency projects have started to make their way into the market. Many of them have a nostalgic touch to them, promising the tokenization of real-world assets to make it easier to interact with the world of blockchain. Among them is Rexas Finance, a utility project that describes itself as the future of asset management.
Currently on presale, this project has managed to raise upwards of $7.7 million to date. Is it a good investment?
What is Rexas Finance?
The official website describes Rexas Finance (RXS) as a unifying project within the blockchain domain, a project that empowers users to tokenize real-world assets, from real estate to art to commodities and intellectual property, on a global scale. Per its claims, the goal is to provide users access to a world where asset liquidity and investment opportunities are plentiful, and blockchain technology makes investments more efficient, inclusive, and transparent.
With Rexas Finance, the idea is to make asset investment more flexible, with the following perks highlighted on the official website:
- Diverse Asset Range – According to the website, users will be able to invest in a wide range of real-world assets.
- Fractional Ownership – Buying an entire property can be difficult. Therefore, Rexas Finance says that it will offer fractional ownership technologies, allowing digital entities to be fragmented to be rented, bought, or sold separately.
- Real Estate Investment – Rexas Finance says that its focus is specifically on real estate investment as well. Tokenization and fractional ownership will allow users to invest in real estate without facing high-cost ceilings.
A Look into Rexas Finance Ecosystem
Rexas Finance states that its ecosystem has been geared towards accessibility, allowing users to tokenize nearly all types of digital assets. These can be real estate properties that can be tokenized and fragmented, or NFTs focusing on creative elements. It also talks about advanced yield optimization strategies while highlighting the following key elements:
- Rexas Token Builder – Rexas Finance states that it is working towards creating a token builder that doesn’t rely on coding.
- Rexas Launchpad – The crypto project is also offering a Rexas Launchpad, which is said to be a decentralized launchpad allowing developers to raise funds for their cryptocurrency projects.
- Rexas GenAI – This is Rexas Finance’s generative AI model that will reportedly allow users to generate artworks based on prompts.
- Rexas DeFi – Rexas Finance is also working towards launching its own decentralized exchange that will allow users to swap crypto across multiple networks.
- Rexas Estate – With Rexas Estate, the promise is to allow users to co-own real-world properties and earn passive income in stablecoins.
- Rexas Treasury – The treasury is a multi-chain yield optimizer, allowing users to earn compound interest on their crypto deposits.
A Look at Rexas Finance’s Tokenomics
There are 1 billion tokens in total, divided into the following to make the ecosystem community-centric while ensuring that developments continue without any issues:
- 42.5% is for the presale
- 22.5% is for the staking pool
- 15% is for liquidity
- 10% is for treasury
- 3% is for marketing
- 3% is for team
- 2% is for giveaways
- 2% is for partners
What Factors Could Determine The RXS Price in the Future?
Here are the few notable factors that would determine how Rexas Finance is received by the public in the future:
- Demand for Tokenized Assets – Even though Bitcoin has risen, and other assets are moving up, there hasn’t been much word around tokenization of real-world assets lately. If the demand increases, Rexas Finance could also grow in value.
- Accessibility – Since Rexas Finance is promising a lot of modules to work with, how accessible they are to the general public is also a key factor in gauging its growth.
- Competition – Rexas Finance is probably not the only new project trying to accomplish this. How it differentiates itself from other projects will also determine its value in the long term.
- Broader Market Dynamics – Finally, how the entire market perceives crypto will determine Rexas Finance’s value. While the market is currently bullish, things can turn bearish at any time, without warning. This can have a negative impact on the RXS price.
Overall, there are many variables that could determine how RXS performs in the future. However, users still have to see any development in real-time. Since it is not yet available, investors should consider other presales as well, of projects that have already given a product to the public.
Best Wallet Token Could be a Suitable Alternative to Rexas Finance
While the all-in-one approach Rexas Finance has taken with its suite of services is admirable, users are yet to receive any news regarding development on its social media accounts. Most of its Twitter posts have been about how much funds it has raised so far.
On the other hand, Best Wallet is a product that has already been well-received by the public, which is why its native token – Best Wallet Token ($BEST) can be considered a more suitable investment.
Best Wallet is a crypto wallet packed with multiple features. A multi-chain wallet, it offers multiple perks, apart from giving users the ability to buy, sell, and store crypto.
Its portfolio management tool is robust, allowing users to keep an eye on their investments. There are also staking perks, allowing users to leverage their held tokens to generate gains. In terms of security, Best Wallet has teamed up with Fireblocks, a leading crypto security platform that gives users total control over their funds.
Best Wallet Token is the native asset that enhances these perks and offers other facilities as well. It not only reduces the transaction fee, but it also lets users access higher APY staking opportunities.
The token is also instrumental in accessing a crucial feature known as Upcoming Tokens. This feature helps users find the best cryptocurrency investments before their presale is revealed to the public. This approach to private sale is also a part of how Best Wallet Token is distributed for the first two weeks.
For the first two weeks, only Best Wallet users will be able to participate in this presale. However, the project doesn’t offer these tokens in secret. In fact, users can download the wallet now and invest in this presale by visiting the upcoming tokens section.
Those who want to participate in this presale can visit the official website to download the app and get started.
