With the recent interest in tokenised real-world assets (RWAs), it might be time to look at the challenges they need to overcome. 

TLDR: I’m pretty sceptical of tokenised RWA schemes because the tokens often represent little more than part ownership of bragging rights. At least with NFTs you own the whole JPEG. With many tokenized RWAs you don’t even get that. 

Here's a recent project that caught my eye: https://stablehold.io/

They claim to be tokenizing racehorse ownership. Sounds interesting.

Let's dive in - what sort of questions should an investor consider and what issues does a project team need to overcome?

Tokenised real-world assets have been gaining traction lately, but the challenges they face are real. It's crucial for investors to ask the right questions and for project teams to address concerns around ownership rights and value proposition. The racehorse tokenization project you mentioned is intriguing, but due diligence is key in this space. Exciting times ahead!