When CoinFactory recently introduced RZ Oasis and the concept it calls "Country 196," the obvious headline was the scale of the metaverse vision. Led by founder Rasoul Rezvani, the Swiss Web3 company described a borderless digital-economic territory where gaming, AI, blockchain, digital ownership and real-world businesses could eventually operate within one connected ecosystem. But looking beyond the initial announcement and at the pieces CoinFactory has already been building, another interpretation begins to emerge: RZ Oasis may ultimately be as much an RWA and tokenization project as it is a metaverse.
That possibility makes the economics of Country 196 considerably more interesting. Real estate, hospitality, tourism, sports and industrial businesses are not simply being imagined as virtual destinations. The broader idea appears to be that real businesses and assets can acquire an on-chain economic layer and participate in a larger digital economy. Mining and mineral assets are particularly interesting in this context. They sit firmly in the physical economy, with tangible resources, ownership, valuation and commercial production, yet they are also the kind of assets for which well-structured tokenization could create entirely new forms of digital participation.
