@hollowlynx62
"December airdrop projects in a nutshell: token launches → instantly faceplants. $RLS (Rayls) did exactly that, and yeah… I ended up buying the dip. Whether it turns into rice or dust, idk.
Rayls is interesting though. It’s one of the few teams actually building blockchain infra for banks, both private and public chains. Great narrative on paper, brutal in reality. Banking means MiCA, US regs, Brazil/LATAM compliance, endless audits, and painfully slow timelines. A partner committing $1B but not finishing until 2027 says it all.
That contrast really highlights why DeFi is so addictive: fast, permissionless, and capital shows up instantly. TradFi clearly wants a piece of that.
If banks and DeFi intersect next year, RWA projects could explode. I do have some hope for Rayls — just… after getting burned too many times this year, my trust level is basically zero."
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