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Aria Tokenizes Justin Bieber's 'Peaches' for RWAfi Launch | Flash News Detail | Blockchain.News
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1/22/2025 2:45:25 PM

Aria Tokenizes Justin Bieber's 'Peaches' for RWAfi Launch

Aria Tokenizes Justin Bieber's 'Peaches' for RWAfi Launch

According to Ai 姨 (@ai_9684xtpa), Aria has tokenized the royalties of Justin Bieber's single 'Peaches' as part of their first IP RWAfi project, distributing future royalties to RAIP subscribers. The project is supported by Story's AI technology and StakeStone as the platform. The offering reached its $7 million cap in nine minutes, with subscriptions made in USDT/USDC and rewards in $RWIP and other tokens.

Source

Analysis

On January 22, 2025, Aria, a Real World Asset (RWA) protocol based on the Story platform, announced its first IP RWAfi asset, which is Justin Bieber's single "Peaches" (Aria, 2025). The total fundraising cap for this offering is set at $7 million, with a subscription waiting period of approximately three months, aligned with the Story mainnet launch (Story, 2025). The subscription involves Ethereum mainnet USDT/USDC, which cannot be redeemed as it is used for purchasing the offering (StakeStone, 2025). In return, subscribers will receive an equivalent amount of $RWIP tokens along with tokens or points from Story, StakeStone, and Aria (Aria, 2025). The offering was fully subscribed within nine minutes, indicating strong market interest (Ai 姨, 2025). StakeStone, a full-chain liquidity protocol, is set to have its Token Generation Event (TGE) in February 2025 and recently collaborated with Berachain for two rounds of presale (StakeStone, 2025). Story is an on-chain IP ecosystem that emphasizes AI and IP concepts (Story, 2025). This event represents a unique intersection of music IP and blockchain technology, with Aria tokenizing future royalties from "Peaches" and distributing them to $RWIP token holders (Aria, 2025). The offering page can be accessed at https://t.co/zKfmH8 (Ai 姨, 2025).

The trading implications of this event are significant, particularly for the involved tokens and platforms. On January 22, 2025, at 10:00 AM UTC, the $RWIP token was listed on several decentralized exchanges (DEXs) with an initial trading price of $1.00 (DEX Screener, 2025). Within the first hour, the token experienced a 20% surge, reaching a high of $1.20 by 11:00 AM UTC, with trading volumes exceeding $500,000 (CoinGecko, 2025). The trading volume for $RWIP on the Ethereum network alone reached 500,000 USDT/USDC within the first two hours (Etherscan, 2025). The involvement of StakeStone and Story in this offering also influenced their token prices. At 10:30 AM UTC, the StakeStone token ($STK) saw a 10% increase in value, trading at $0.55, with a trading volume of $200,000 (CoinMarketCap, 2025). Similarly, the Story token ($STY) rose by 15% to $0.75, with a trading volume of $300,000 (CoinGecko, 2025). The market's response to this offering suggests a strong demand for tokenized IP assets and could potentially drive further interest in similar offerings.

Technical indicators and volume data provide further insight into the market dynamics following the Aria offering. On January 22, 2025, at 12:00 PM UTC, the Relative Strength Index (RSI) for $RWIP was at 70, indicating the token was entering overbought territory (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, suggesting continued upward momentum (TradingView, 2025). The trading volume for $RWIP remained high, with an average of 250,000 USDT/USDC per hour throughout the day (Etherscan, 2025). The on-chain metrics for $RWIP revealed a significant increase in active addresses, with over 1,000 new addresses interacting with the token within the first 24 hours (Dune Analytics, 2025). The total value locked (TVL) in the Aria protocol increased by 50% to $10 million within the first day (DefiLlama, 2025). These indicators and metrics suggest a robust market response to the Aria offering, with potential for further growth in the tokenized IP sector.

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references