Not everything should be tokenized. But for a certain class of assets the potential here is huge in driving efficiency in a range of markets.

Historically, applications with largely crypto-native impact rather than real-world impact dominate Web3. Crypto skeptics often cite this dynamic as the reason why Web3 is unimportant. In reality, this experimentation is a feature, not a bug.  For Web3 to gain widespread adoption, this early experimentation has been critical in establishing a