Why does tokenizing a real asset still need ten middlemen?
Opportunity
Put a building or a bond on-chain and you still depend on a custodian, a transfer agent, a lawyer, and a registry to make the token mean anything. The on-chain part is easy. The off-chain trust and the legal enforceability is the hard, unglamorous part nobody has made boring yet.
Why it matters
Real-world assets only matter on-chain if the link to the real world holds up in court.
How I score the opportunity
The Opportunity Score is my own read, not a measurement: how much it hurts, how often it bites, and how little exists to solve it today. Higher means I think it is more worth building.
How much pain it causes when it shows up.
How often people actually run into it.
How little good tooling exists for it today.
More problems worth solving
Why can't I prove I am solvent without showing my balance?
BlockchainWhy is moving money between chains still scarier than the early internet?
BlockchainWhy does compliance still mean a PDF and a prayer?
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BlockchainWhy can't a stablecoin pay someone with no internet?
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