The gaming industry should be huge. Sandbox, Decentraland, Wax, Enjin.
ADA is a good example of a DEFI platform, popularly known for competing against ETH.
To me it seems like ADA and DOT are developing at much higher rate than ETH. DOT has a very diverse DEFI ecosystem and growing and ADA if they can accomplish the goals will be well ahead of ETH. Time for ETH to step it up or first mover advantage might be reduced.
Iâve been watching Cardano. I like that you can stake ADA, as you can DOT and others. I want to point out that over 70% of Cardano is already staked and that there is a max supply. As the upgrades to Cardano are successfully rolling out, it gets better and better.
I would consider nexo.io not solid enough in my book in your case. Sorry to hear that about the larger deposit not showing up, thatâs definitely reason for concern. I hope that gets fixed for you!
SyncBond
Venus Protocol
Another interesting building building block is Tornado Cash. It is a privacy dApp on Ethereum that separates the sending address from the receiving address for on chain transactions to add another layer of privacy.
An up and coming blockchain that I found very interesting was Cardano. The Proof of Stake system they use is quite innovative and their solutions to try and solve classic scalability issues that are common with other blockchains are very interesting as well.
hey there!
it would be nice/weird to see i.e. get a crypto insurance for an IRL asset
can such a thing be possible?
Great course did not realise how vast the Defi ecosystem is. There is a lot to learn. Thank you. Still doing investigation on the Defi infrastructure.
We have the first cardano NFTâs launched recently NFTâs are going to be one of the most revolutionary space for the next few years. Video game tokens like Enjin Sand Wax are all going to be huge and to realize that video games could be cryptoâs likely first world wide adoption. if kids figure out they can monetize their gaming experience and use video game skins on fortnite that are unique to themselves thus making them rare and tradeable like baseball cards when I was young. They will figure out how to work an ethereum address like it is no problem at all and before you know it kids are using blockchain without even knowing it. That is where true adoption comes in. when people are using crypto without even knowing it kinda like they use the money system they use today. So defi ecosystems geared towards gamers is a huge area of opportunity. NFT collectables and videogames were just the start of nftâs use case tho. We can now use NFTâs to verify ownership over land important documents or almost anything. Look for the NFT defi ecosystem to grow as many projects are introducing NFT baskets and other such investment opportunities that will change the way we look at the financial field and other things
Is amazing how fast and how many Defi projects are growing and creating new blocks in to the system, honestly its dificult to keep up with so many diferent aproaches and tokens, exploring a bit I seen Aave gaining a higher significant role in the space with third place of TVL. Another project that I believe was gaining trend the past days, is Akropolis its a multiproduct decentralized finance protocol featuring yield optimization and undercollateralized loans⌠what do you guys think?, thanks Amadeo for your explanations and to the comunity its great to learn here with you.
Thanks. I just submitted my third help ticket because they closed the first two due to being open for so long without resolution.
Edit: I just saw a Reddit thread where someone said it took 7 weeks for their deposit to show up, so that makes me feel a little better.
I found that this article very interesting, and I really liked the interview with the CEO of Circle.
I recently learned about the Vesper project. The project appears to provide a more simplified and user-friendly interface for customizing the usersâ desired level of aggressiveness for investment strategy.
The one Defi finance stack that comes to mind is PlasmaPay. PlasmaPay is an application infrastructure that aims to decentralize the centralized financial services industry (CeFi). Further, developers can use Plasmaâs building blocks to create new DeFi protocols, as well as manage assets and dApps on top of PlasmaPay. Eos, Tron, IOST
I would really like to explore this DeFi world deep but because ETH gas fee is so high right now, I will explore this after the EIP1557 update. However, I did try farming and staking in BSC platforms.
After looking around a bit, Kyber seems worth it.
I believe Polygon (formally Matic Network) to be a new essential building block in the DEFI digital finance stack as it aims to help with Ethereums scaling solutions.
Polkadot has been going from strength to strength in the DEFI space and is seen as a possible huge potential rival to Ethereum as itâs a new generation blockchain that connects private and public blockchains and networks.
Polkadot operates a multichain protocol that allows other blockchains to connect to itâs network as sidechains. The protocol has the capacity to handle thousands of transactions per second.
The delay of Ethereum 2.0 is allowing competitors to catch up. The DEFI space is big enough for more than 1 blockchain to power all the applications though as it continues to grow at a fast pace.
Has been very interesting to learn about DeFi, there are so many new things that I wasnât even aware they existed. Thanks @amadeobrands for simplifying a lot of the information because the first time I read the white paper I dint understand some stuff After your video It was easer to see how the system works.
Im sure in a couple years more people will be using more DeFi.
Maybe I am a little unclear on what the DeFi digital finance stack encompasses⌠Possibly I am being a bit loose with the boundaries but it seems to me to include so much more than exchanges, stable coins, money markets etc. If Iâm wrong about this please let me know.
One tech that really gets my attention is THETA, it has a strong use case and the potential to affect everything from NFTS, communication, entertainment & revenue models.
As a blockchain Iâm not sure who else is providing decentralised video streaming at this point.
Iâm looking forward to deeper into the apparently bottomless subject of DeFi. To be honest I find it hard to focus sometimes as there is constantly something new and exciting popping up all the time.