On-chain RWA has already brought U.S. Treasury bonds online. What's next? @dawninternet has the answer: cash flow from digital infrastructure supporting AI. The path is straightforward: USDC → USD.infra → sUSD.infra Funds flow into real-world networks and computing power infrastructure, with returns coming from infrastructure contract payments rather than relying on token emissions. The financial backing is equally strong: approximately $46M raised publicly, with Dragonfly and Polychain leading the rounds, and participation from Wintermute, ParaFi, CMT Digital, Castle Island, 6th Man Ventures, Archetype, and others. First, build the physical network, then do on-chain financing, and only consider issuing tokens last—that sequence is what sets DAWN apart from many purely narrative-driven DePIN projects.