# "Real World Asset Tokenization" in $GEMS w/ Bob Reid "Everest & Limitless"

Page: https://stenobird.com/podcast/the-oto-gomes-crypto-show-4773844/real-world-asset-tokenization-in-gems-w-bob-reid-everest-limitless
Text version: https://stenobird.com/podcast/the-oto-gomes-crypto-show-4773844/real-world-asset-tokenization-in-gems-w-bob-reid-everest-limitless.md
Podcast: [The Oto Gomes Crypto Show](https://stenobird.com/podcast/the-oto-gomes-crypto-show-4773844)
Published: 2024-07-17T08:00:00+00:00
Episode link: https://otogomes.live/podcast-archive/real-world-asset-tokenization-in-gems-w-bob-reid-everest-limitless
Audio file: https://podcasts.captivate.fm/media/76b48ac3-4256-4b7e-911d-2f887cc6739b/Bob-Reid-Everest-Interview-converted.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-oto-gomes-crypto-show-4773844/episodes/real-world-asset-tokenization-in-gems-w-bob-reid-everest-limitless
Duration seconds: 3178

## Resource

Summary Bob Reid, co-founder of Everest.org, discusses the journey of Everest and their latest project, $GEMS. Everest is a regulated and licensed crypto custodian with a universal biometric-based multi-currency wallet platform. They started with a focus on identity and worked with governments and nonprofits to provide unique human identity attached to a wallet. $GEMS is a project in partnership with ViaarpeLimitless.com, a mining company, that is now tokenizing real-world assets like emeralds and offers direct ownership to consumers, circumventing "the middle man". Chapters 00:00 Introduction to Bob Reed and Everest 06:13 Discussion on Dollar Sign Gems and Tokenizing Real-World Assets 11:41 Exploring the Tokenomics of Dollar Sign Gems 19:25 Understanding the Risk and Projection of the RWA Industry 29:06 The Importance of Economics and Utility in Crypto Projects 35:07 The Maximum Number of GEMS One User Can Buy 37:40 Availability of GEMS on Different Chains 39:41 Exchanging GEMS for Real Assets 43:37 The Future of Crypto and Real-World Asset Tokens 48:39 Potential for a Black Swan Event in the Market 52:57 The Importance of Following Your Intuition PURCHASE $GEMS (Wait for LAUNCH on July 18th, 2024 at 6am PDT) LEARN MORE ABOUT $GEMS AND TOKENOMICS CONNECT WITH EVEREST, BOB, & VIAARPE BOB REID EVEREST VIAARPE

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