EOS Tokenizes Real-World Assets with the Launch of Wrapped RAM (WRAM)
Monday, 15 April 2024, 16:00
EOS Tokenizes Real-World Assets with Wrapped RAM (WRAM)
EOS has launched WRAM, tokenizing system RAM to enhance its tradability and manageability. This new development aims to enhance the liquidity and accessibility of Random Access Memory (RAM), a crucial but finite resource on the EOS platform.
Key Highlights
- WRAM Initiative: Provides a 1:1 tokenization of existing RAM without transaction fees, enhancing flexibility.
- Off-Chain Trading: Enable off-chain trading and broader market visibility for RAM.
- Platform Compatibility: WRAM can be tracked on major data platforms like CoinMarketCap, CoinGecko, and aims for listings on decentralized exchanges.
Conclusion: Assisting in showcasing the application of blockchain in enhancing the management of digital resources, WRAM's introduction signifies a pivotal step in tokenizing real-world assets within the EOS ecosystem.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.