thommy.btc 🟧

Going to connect the dots for you guys here 3 days ago, the CEO and Founder of Robinhood, @vladtenev, posted they created Robinhood Chain to make RWAs programmable (see screenshot below) We also know the Robinhood team stealth launched a crypto called $WALLET (a bunch of undeniable on-chain evidence here) But here’s the most interesting part: If you look at the source code of $WALLET, it was built with a specific ERC protocol called ERC-8056 Most meme coins are simple ERC-20 tokens, so if $WALLET was just “a test token” then why would they imbed this new ERC-8056? It’s because ERC-8056 is to make RWAs programmable, just like what @vladtenev said he created Robinhood Chain for So what’s ERC-8056? It extends the standard ERC-20 token interface with an optional “cosmetic” layer that lets token issuers apply an updatable UI multiplier to balances and amounts displayed in wallets, exchanges, and UIs. The main goal is to efficiently handle real-world scenarios like stock splits (e.g., 2-for-1) for tokenized equities or other real-world assets (RWAs) on Ethereum, without: • Minting/burning/moving actual tokens (which is gas-intensive and operationally complex). • Breaking DeFi protocol accounting or internal token economics. Users see their “UI balance” adjust (e.g., double after a split), while the underlying raw token amounts and supply stay the same. $WALLET will most likely end up being the utility token for asset issuers to tokenize and customize RWAs on Robinhood Chain This isn’t a potential 10x or 100x This can really be a 5,000x to a $20B market cap (possibly way more) The point is, you always take this bet where the reward outweighs the risk by a long shot Here’s a good quote from Jeff Bezos: “Given a 10% chance of a 100 times payoff, you should take that bet every time.”

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