(Ondo) Real World Asset Project Review

[Music] Street [Music] open welcome back everybody welcome to another video here on underground crypto this one today maybe not so underground maybe not a low cap gym necessarily but do hear a lot of Rumblings about this coin one YouTuber in particular but I've seen it from several different YouTubers who uh has a pretty good track record of of making these kind of picks so I'm not a financial advisor and neither is the other person a financial advisor so if you need a financial advisor please go get yourself a financial advisor I'm assuming they're out there somewhere um Ono Finance here they are on Twitter X don't even know we're going to go ahead and follow them um institutional grade Finance onchain for everyone before we get too far into their Twitter though we're going to pop over here to

coin gecko um it is 41 2024 and we want to just look at what is trending here so we got catcoin constellation prop base credifi honeyland Gala art trade this is what is trending I'm not going to cover what's trending nft wise because it's not really an nft Channel um Ono right now is at about 87 it's down 7.1% today here's a 24-hour chart doesn't really tell us a lot let's go look at like a 7day chart okay so you had a spike up to about a do five so that's a pretty good you know that was probably what a couple of days ago on March 31st so yeah it was about like 5 days ago that's not bad and then we'll we'll go ahead and look at the one month chart right here yeah so in the one

month you know your best little dip here was down to like yeah like 39 cents so you could have did more than a double on your money right there for where it is now not the high anyway let's go take a look at the market cap I thought this coin was a little small smaller honestly but it already has a billion dollar market cap so that does make you wonder how many X's you could really get out of this coin um I've heard people even talking about this coin potentially having um a trillion dollars as a market cap I think that's ambitious they're not talking about in this cycle I do not believe I think they're talking future Cycles down the road that Ono will become a major player it is 93 in like the top you know ranking

of coins I don't know what that is it's the top 1,000 coins cuz some of times they'll be ranked like 700 and something I don't know where it cuts off at but it's at least in the top 100 which is pretty good says fully diluted it's you know $8.7 billion would be its valuation so that's interesting that there's such a difference there and it's 24-hour volume is pretty darn good 334 million almost 335 million um circulating Supply is not very much compared to its total Supply so if you're somebody who looks a lot at circulating Supply versus total Supply um you might be worried a little bit and I'm not sure what the vesting vesting schedule is I mean that's how often the coins are coming out does it have having stuff like that I don't know it is

built on ethereum it looks like it has an ethereum contract and this is a little bit of a different coin probably than you typically see um um on this channel because this is definitely a you know institutional as they say institutional grade Finance like this is plugged in this is well tapped in and connected with people in high business not a meme coin or a coin that just launched it's uh a new upcoming crypto Tech project this thing's already got some steam so keep that in mind if you're speculating on this coin how many more billions of dollars is going to come into it it could be a lot or it could be only a few more billion I don't know not a financial advisor okay so o USG will soon offer 247 365 subscriptions and redemptions via usdc

and transition it's backing predominantly into the newly long launched usdt institutional digital liquidity fund also known as bidd if you know you know that's a very uh hilarious acronym that they came up with 7 hours ago we got every month we cover the latest developments for the Forefront of real world asset tokenization where you able to keep up with all the advancements in March no I wasn't even aware of them so then you got some more 7 hour I'm not going to read every single one of these here this is just on Twitter got a gold check mark you can easily find this yourself so this is a realworld asset token um probably why it has so much money in it to be honest with you because that is such a hot narrative right now taking regular assets and

tokenizing them so let's go over to the website institutional grade Finance now onchain that's what it's saying Ono is building the next generation of financial infrastructure to improve market efficiency transparency and accessibility usdy which is a US dollar yield so this must be kind of their what we would normally call like a farming type of thing or steak you could call um this one here has 12736 million total value locked that means locked up staked and this is the O USG um us treasuries has $94 million in it and gets a slightly less apy I don't know why you'd want to be in treasuries versus Us doll yield but you know some people do $94 billion is more than a lot of these crypto projects have in their entire um you know in their entire market cap says coming

soon 247 instant subscriptions and redemptions all right backed by the best funders fund coinbase panta I don't really know about those things I am not big in the stock world as you can imagine I am all in the crypto world I did do a lot of stocks for a while not very interesting it's like watching paint dry all right exceptional Partners Superior assets worldclass client service whether it's the assets we choose the strategies we create or the people we work with we focus on quality before quantity risk before returns and putting clients first I mean that's what I would that's what I want them to say for sure I wouldn't want them to say anything other than that um high quality assets and managers are fund invest our funds invest exclusively into multi-billion dollar High liquid exchange traded fund

funds managed by the World perminent Fond managers Black Rock So Black Rock if you know you know I don't know how you wouldn't know at this point but huge huge company um owns a lot of stuff I doubt that they're just going to fall flat on their face um so that's it's one of those double-edged swords like you you're glad to see them in there they bring the money they bring the attention they bring the party and they're also the people that might do something malicious you know as they've been uh accused of in the past I don't know all the details of those accusations regulated service providers third party audited security experience the leadership I'm not going to go heavy in all of this stuff if you're in the institutional world if you're in treasuries and stocks and

bonds you might find some of these things interesting I think for my audience my everyday crypto you know people maybe you're not a full-on dun but just crypto people um You probably don't find a lot of that stuff very um interesting at all I see flux I wonder if that's um the project flux but it probably isn't so we got an ecosystem foundation and flux let's check out ecosystem what is the Ono ecosystem Ono's mission is to make institutional grade Financial products and services available to everyone via the power of block of public blockchain by the tokenization of real world assets again real world assets is a hot Niche right now if you don't know that then you have not been paying attention and developing Financial protocols that integrate those tokens the Ono ecosystem is the set of Partners

aligned with this Mission a network of strong Partnerships with leader with leading onchain providers across liquidity custodia custody and other key onchain services this directory helps us shine the spotlights on these exceptional partners and helps our clients find reputable players that can help them achieve their goals is getting to be a little bit of a word salad there what else we got um I don't know what all these different oh Aptos Aptos is the blockchain network with everything you need to build your great ideas so these must be all different projects and people that they're partnered with let's see how many of them we recognize um I believe I've heard of aftermath but I don't really recognize it Ang I don't recognize a lot of these I know who Aptos is I know who black rock is bybit um

of course chain link coinbase flux Finance so that was flux I own a small amount of flux ethereum Jupiter injective so yeah they've got they've got quite a few people in here metamask institutional a lot of times I forget that metamask has an Institutional side of things things Orca um pith for sure polygon yeah they got a lot of sweet they got a salana Supra yeah they have a lot of things in here that I recognize so that's interesting this is their quote unquote ecosystem you can go to read more and deep dive this much farther than I'm going to right now because I got to retain some people watching this I can't completely lose you with reading an entire article if you would prefer that drop it in the comments hit the like share subscribe notification Bell um

that you don't miss a video if you like these kind of videos so Ono Foundation this looks like a web3 website because you can connect a wallet says a new era of financial inclusivity inclusivity onchain um feel like this is going to say a lot of the same stuff that we already read and I'm not trying to bore you guys to death when it becomes a you know when you're looking at a very traditional type of uh literature and a traditional Financial coin this is the stuff that I think bores the crap out of most people but I do think that this project is really good and the whole real world asset um narrative on it it is going to take it some places for sure okay so this just took us over to flux so we could take

a look at that and this is not a flux review so we're not going to we're not going to bother with that let's see some insights so introducing Ono Global markets a new paradigm of Securities tokenization so I guess you know tokenizing Securities is a big deal of course xrp and several other things when it comes to the SEC um and everything being a security you know this might be a route for some places to you know not have to be hounded by the SEC I don't know if that's really their ambition or not but it is a thought so it says the biggest challenge in tokenizing real world assets rwas is liquidity I thought this was interesting when I read this earlier for years the rwa space was focused on to ganizing illiquid assets like newly originated private

credit uncollateralized loans to crypto market makers while there may have been some value in providing direct access to these opportunities for stable coin holders the tokenization of the loan itself served little purpose these assets are mostly Buy and Hold they are too bepoke and hard to price for a deep secondary Market to emerge both on and offchain given the lack of secondary Market liquidity these assets don't make great collateral for onchain Lending derivatives or other protocols so you know hopefully you followed that and you understood what they were talking about they're saying a lot of people been doing this in a way that didn't really create a lot of value and that's why you haven't seen it really blow up until other people come in the space and figure out how to really increase that value the website honestly

didn't have too crazy stuff on it let's see they got a team I didn't see a road map is there a road map here don't see one here's the team I'm not going to try to read everybody's name I'll read what they do uh VP of engineering this guy VP of Business deployment that guy managing director engineer lead um engineering lead Chief risk and compliance officer uh full stack engineer an advisor uh frontend engineer sir operations and advisor president coup and they do have a lot of people I'm not going to read every single one of them you get the point look at that guy enough said um that guy is doing stuff in this in this business let me tell you um I got some blogs you know it is a very dry website I got to say

um I've seen meme coin websites that were a lot funner to review than this but I can't let that kind of take away from just the whole point of what they're trying to do and I I to say try to do is I think a little bit um you know not being intellectually honest cuz they have a $1.2 billion market cap I think they're doing more than trying here they're they're successful at what they do and it could really go to who knows I'm not even going to put a market cap on that as far as an expectation in this bull run I think it could easily get to maybe 8 to 10 billion but it could go s far past that the thing is with the connections that they have the real world asset um narrative and the

the thing about the real world asset narrative that you guys really should be thinking about is that it it it tra it transfers over to the previous trafi traditional Finance world you know the number one criticism that you hear from you know Dave Ramsey and other people is the fact fact that it's internet money out of thin air and has no value well so the US dollar but they don't ever want to acknowledge very obvious things like that um but with this with real world assets they just don't get the luxury of you know regurgitating that narrative over and over they do have value they are representations of things that have value um and you know they can't really throw the usual um you know nonsense around and try to look Smart in front of everybody when really we

all know that they're not that bright at least in the world of crypto they might be great in stocks who cares all right there's my little rant on that so let's see where can you buy Ono you might be asking yourself where can you buy it looks like pretty much everywhere it's what I would expect with a $1.2 billion you know market cap you get it on coinbase gate.io bybit bitg kucoin Bing ax this Pion X I've never really heard of Unis swap Mexi and bitmart so like I've pretty much heard and used almost all of these exchanges except for you know it's about four of them five of them and and yeah only one decentralized exchange most of these are centralized exchange that they're on and oh it just keeps going we're not going to read four pages

of exchanges that is not necessary all right guys well I hope you enjoyed this review I think it was a little bit more you know dry than most but that's just the nature of this coin it's what happens this is why I don't spend a lot of time in the stock world because uh it gets dry real fast but hit the like share subscribe show this to a friend are you bullish on Ono you know put down in the comments I really want to get this community going this is a new YouTube channel so we don't have a ton of people commenting all the time yet but let's start a little bit of a community here guys Deep dive in these these coins and uh I want to know what you think about Ando I want to know if

you think that it's going to you know I really want to know what people think the market cap is going to go to this bull run is it going to go to 20 billion is it going to go to 10 billion do you think it only gets to four or five billion with the real world asset narrative you let me know down in the comments all right thanks everybody crypto Ron out