EOS enters real-world assets: RAM launches

EOS introduces Wrapped RAM (WRAM), a significant step towards tokenizing real-world assets (RWAs) in its ecosystem.

This new development aims to increase the fluidity and accessibility of the critical but limited Random Access Memory (RAM) on the EOS platform.

EOS' packaged RAM to change markets

RAM is essential for decentralized applications (dApps) and executing transactions on the EOS blockchain. Typically, managing and trading RAM in the EOS system requires direct interaction through the network's Bancor Automated Market Maker (AMM).

The creation of WRAM provides a solution that enables off-chain marketing and broad market visibility.

The WRAM initiative offers 1:1 tokenization of existing RAM without transaction fees, allowing for greater flexibility. This allows users to trade WRAM on various cryptocurrency exchanges. Therefore, it aims to increase the overall efficiency of asset management on the EOS network.

In addition, WRAM can be tracked on important data platforms such as CoinMarketCap and CoinGecko. This provides a clearer and more accurate valuation of this property, which currently has a market value of $108 million.

“WRAM offers the EOS RAM version, expanding the reach of the blockchain sector and creating new opportunities for growth. Once WRAM integrates with platforms such as Ethereum (ETH) and Binance Smart Chain (BSC), WRAM trading on major decentralized exchanges such as Uniswap V3 and PancakeSwap V3 It paves the way for listing couples.

Unlike previous RAM token attempts like BRAM, EOS block manufacturers manage WRAM. This governance structure improves security and regulatory compliance, facilitating a highly centralized list of crypto exchanges.

Read more: What is Real World Asset (RWA) Token Impact?

As EOS broadly explores the potential of tokenized real-world assets, WRAM is poised to play a pivotal role in demonstrating how blockchain technology can be applied to enhance the use and management of digital resources.