> Real World Assets (RWA) is the hot stuff these days.

> Uniswap and Aave have been chugging along for years

How hot? I haven't heard of it or them, but that's hardly strong evidence. What do you see?

> One of the reasons is that any infrastructure built on blockchain is reusable for free by everybody

Does that have an impact?

I doubt consumers care about free. They certainly care about high levels of integrity (my money is safe) and availability (I can access my money), as well as profit (interest / gain). I've never heard a consumer say, 'I use Bank Z because their financial operations run on FOSS.'

Mega-banks would seem to dislike FOSS. They want barriers to entry; they will find it inefficient, frustrating, and very limiting - with a significant and direct impact on their bottom lines - to deal with a bunch of amateurs. That's why you're not allowed on the trading floors, electronic or physical, and Goldman Sachs directors won't take your calls (until you establish yourself).

I suspect free matters to undercapitalized startups, amateur financial services, and hackers interested in innovation in this area.

But again, there's a lot I don't know ...

How can it be hot? Real means that it has a tangible value, a ceiling and so it cannot be charged up by the psychological hypetrain of the 'new paradigm' and also the financial hypetrain of number going up.

It is a pretty confined upside if anything

I looked into it years ago when I wanted to tokenize small firefighting planes and helicopters hoping that being the person in charge of the entity doing the tokenization I could be staying at the premises of the private companies that lease the planes and helicopters and hold the contracts to do the actual firefighting.

My hope was that being identified as the 'owner of the planes' eventually the crew would allow me to fly the missions as a +1 even though I don't have the licenses.

But never crossed my mind that this could be make me a millionaire