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Core DAO Unveils ASX RWA NFTs: Revolutionizing Real Estate with 8.5% APR Yield

Core DAO Unveils ASX RWA NFTs: Revolutionizing Real Estate with 8.5% APR Yield

Hey there, crypto enthusiasts! If you're into blockchain and looking for ways to earn real-world yields without leaving the comfort of your wallet, Core DAO just dropped something exciting. They're teaming up with ASX Capital to bring real estate-backed NFTs to the Core network. Let's break this down step by step, because this could be a game-changer for how we think about investing in property through crypto.

First off, what's an RWA? RWA stands for Real World Asset, which basically means taking something tangible from the real world—like real estate—and tokenizing it on the blockchain. This allows anyone with internet access to invest in assets that were traditionally locked behind big money or geographical barriers. In this case, ASX Capital is tokenizing the Franklin Jefferson Candlelight Apartments, turning it into NFTs that you can buy and hold for yields.

ASX RWAs live on Core DAO with 8.5% expected APR

The cool part? These aren't your average NFTs. Each one is backed by actual property, meaning holders get monthly dividends paid out in $ASX tokens, plus potential appreciation in the property's value. It's like owning a slice of U.S. real estate, but on-chain and accessible to a global audience. No need for passports or hefty down payments—just stablecoins and a Core wallet.

Speaking of the details, the mint went live on August 21st at 9am EST. Here's what you need to know:

  • Price: Just $10 in stablecoins per NFT.
  • Supply: Limited to 5,000 pieces.
  • Yield: An expected 8.5% APR based on the mint price.
  • Payouts: Monthly dividends in $ASX.

And get this—these NFTs double as unique digital art pieces crafted by the talented folks at 9F Studio. So, you're not only investing; you're collecting some gorgeous pixelated real estate vibes.

But it's not just about the aesthetics or the yield. There's a solid legal framework in place to ensure everything runs smoothly, giving holders real rights to the cashflow and growth. This is part of Core DAO's broader push into BTCfi—Bitcoin Finance—where they're building an EVM-compatible ecosystem on top of Bitcoin's security. If you're staking Bitcoin or exploring DeFi, this fits right in.

If you missed the mint or want to dive deeper, check out the full details on ASX Capital's earn page here. And for the original thread that sparked all this buzz, head over to Core DAO's post on X.

This launch highlights how meme tokens and broader crypto innovations are evolving. While Core isn't a pure meme coin, projects like this add real utility, blending fun art with serious yields. Keep an eye on Core DAO—they're positioning themselves as a hub for self-custodial Bitcoin staking and beyond.

What do you think? Is tokenized real estate the next big thing in crypto? Drop your thoughts in the comments below, and stay tuned to Meme Insider for more updates on meme tokens, RWAs, and everything blockchain. 🚀

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