According to @0xferg, houses will be traded as NFTs on unified on-chain marketplaces, removing fragmented liquidity across thousands of isolated venues and reshaping price discovery for real estate and other RWAs, source: @0xferg. For traders, this thesis signals deeper pooled liquidity, tighter bid-ask spreads, and faster settlement for tokenized property markets versus legacy platforms, source: @0xferg. Actionable metrics to monitor include NFT marketplace volumes for RWA collections, cross-venue liquidity routing efficiency, and on-chain order book depth as early indicators of liquidity consolidation, source: @0xferg.