"Real World Asset Tokenization" in $GEMS w/ Bob Reid "Everest & Limitless"

Summary

Bob Reid, co-founder of Everest.org, discusses the journey of Everest and their latest project, $GEMS. Everest is a regulated and licensed crypto custodian with a universal biometric-based multi-currency wallet platform. They started with a focus on identity and worked with governments and nonprofits to provide unique human identity attached to a wallet. $GEMS is a project in partnership with ViaarpeLimitless.com, a mining company, that is now tokenizing real-world assets like emeralds and offers direct ownership to consumers, circumventing "the middle man".

Chapters

00:00 Introduction to Bob Reed and Everest

06:13 Discussion on Dollar Sign Gems and Tokenizing Real-World Assets

11:41 Exploring the Tokenomics of Dollar Sign Gems

19:25 Understanding the Risk and Projection of the RWA Industry

29:06 The Importance of Economics and Utility in Crypto Projects

35:07 The Maximum Number of GEMS One User Can Buy

37:40 Availability of GEMS on Different Chains

39:41 Exchanging GEMS for Real Assets

43:37 The Future of Crypto and Real-World Asset Tokens

48:39 Potential for a Black Swan Event in the Market

52:57 The Importance of Following Your Intuition

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BOB REID

EVEREST

VIAARPE