The first wave of RWA craze focuses on the financial sector. Tokens like $SEI and $PLUME have already proven that moving assets on-chain can unleash massive liquidity.

But the next wave of RWA will not be bonds or real estate, but culture itself.

Camp Network is doing something crazy: they are turning the IP of 53 music festivals worldwide into programmable on-chain assets. These festivals include It's The Ship, S2O, 808 Festival, and events endorsed by the electronic music god Deadmau5.

What will happen once the music festival IP is on-chain? They will become real-time priced cultural assets, with each registration, each authorization, and each royalty stream becoming on-chain primitives. Creators and fans can finally share the profits, instead of allowing platforms to consume all the value.

The key to this gameplay lies in speed. Camp can handle millions of real-time interactions, transforming event economics into on-chain mechanisms that generate revenue. It is no longer a static ticketing system but a dynamic, demand-driven cultural asset pricing system.

Traditional RWA projects focus on bonds and real estate, but the $3.5 trillion cultural economy market is still almost blank. With the tokenization of IP in music festivals, art exhibitions, and esports events, the potential of this track is much larger than many people think.

The market may not yet realize that the cultural RWA line is about to take off.