Amazing man keep it up 
Donations using the compound platform! For example, people can hold their money on compound and use the interest as donations, no one loses and everyone gains!
1 Like
Yeaaa you can already do this it is an really nice concept.
I would love to see a protocol with an Embedded DAO that has one Goal and that is to make the world a better placeā¦ Lets call it Humanity tax
Nice! I like your thinking here 
1 Like
I see so many projects that have clearly been superseded by better tech, more enthusiasm and resources, and the projects best days are behind them, yet the team or figurehead plods on (mostly compulsively), whats the point? This space is moving so fast, if your project cant keep up or best days are behind it with no new innovation coming should they just end the project (what obligation do they have to a dwindling audience)?
1 Like
Dear fellow students and Amadeo,
This course has pretty much blown my mind wide open to the possibilities!! So thank you.
I have come up against a couple of obstacles, one being that all of this is totally new to me, the other is that I have some trouble getting full functionality due to identification issues with certain brokerages (trading limits due to lack of ID?!?! What happened to the āDeā in DeFi? lol). I would love to actually fund MetaMask with some actual ETH and get started. First, though, I will have to rewatch certain dive-downs several more times to really grasp everything and get the steps down.
Most importantly, I wish to enter the giveaway, but I have a hit a roadblock! I could use some explanation of Step 5, which says: āRun the code locally.ā (DSR demo)
I am a fairly advanced Mac user (High Sierra 10.13.6) and I am a fairly comfortable with running scripts and using a terminal. I am NOT a programmer by any stretch of the imagination!
First of all what kind of code IS the DSR demo? I imagine I probably need to install some sort of developer tools? (I donāt currently have X-Code installed and am having trouble because Apple wonāt support my old hardwareā¦grrrr - btw:MacBook Pro 2010)
I apologize for this newbie issue and if I didnāt pick up on something in the videos I probably should have. At any rate, I was able to get MetaMask running and have been able to fund it with some Kovan faucet ETH, so I am making progress!
I have a Dell running Windows 7, so maybe it would be easier on that?!
At any rate, your suggestions would be greatly appreciated and thanks again for the amazing course and for opening my eyes to the possibilities of ETH & DeFi!
Warm regards to all.
2 Likes
@amadeobrands I have been diving deeper and found about the Incognito Protocol, which according to Ivan in https://academy.ivanontech.com/blog/top-10-privacy-coins-crypto-users-need-to-know ā[Incognito] appears to be the first operating a trustless, inter-chain mixing serviceā. I wanted to know your opinion about this protocol, if we really need a crypto exchange that protects privacy, compared for example to Uniswap. Can we believe that this project will take off? Thanks so much!
@ivan the academy is amazing and I love how Amadeo really explains DeFi, kudos on the cool teacher!!!
1 Like
this course was great, learned a lot.
1 Like
Great course, so much to cover and As I see you barely scratched the surface. Ive got to go over points but I think it is definitely a game changer. When I tell people about a lottery where all its participants receive their initial funds back, yet there still is a winner baffles people initial understanding of things. I see that modal as a solution to alot of problems especially in the enner city of America. Thanks!
1 Like
@amadeobrands is there any special funding or programs within the makerdao ecosystem for charitable ventures? I am in Australia and would love to make a 6-12 monthā¦perhaps longer trip to Venuatu to help the locals gain more control over their financial situation. The goal would be to educate people about the ability to control their own money but a lot of people there lack the technology necessary to access such facilities, so would need either a public space to access/control their funds and probably exchange/withdraw into local currency for functional reasonsā¦ I have a friend living in port villa who is quite involved in the community helping the locals build housesā¦I went to visit him last year and for the conditions they live in the people there are some of the most accommodating and wonderful people I have ever met however not very educatedā¦ the goal would be help people set up maker vaults and encourage them to responsibly manage their vault on a basic level stacking eth though the next cycleā¦no extra fees not acting as a brokerā¦ just helpingā¦ would sign an honesty contract enabling maker to drain my personal vault if I was found to be acting irresponsibly 
2 Likes
This is really amazing 
Yes Maker DAO has options to fund people on a journey like this.
I think you best option is to setup a Gitcoin grand for this: https://gitcoin.co/
Then really work out your plan ā¦ and clearly make a good plan on how and why crypto.
Amzing about his movement is that in my view if you do this well you will get community support meaning the DAO can fund you
It is not really one person or one group that desides this we are a collective.
1 Like
@amadeobrands
Interesting answers but I still dont see why I would borrow this way at all? Put in 100% of a currency, effectively to borrow (at a cost) a percentage to do what with? Not very well explained or I have missed something here?
Personally, I would borrow in the traditional world at 2% and invest in the DE-FI world at 8% - That makes more sense to me??
1 Like
Do students who complete the DeFi 101 course receive a certificate?
1 Like
Please let me know any feedback
I think this maybe will change over time.
Even though Status as a DeFi project.
It is an interesting dapp with DeFi potential.
It allows you to send private messages to your friends over the blockchain, and it allows you to send, receive and store cryptocurrencies in the same massaging tool.
The interesting part is that it also wants to be a save browser. This will give you access to the DeFi dapps. This is the part were a Lego construction could be developed to better interact with the DeFi instruments. It is an open source project that gives you the opportunity to be creative.
Please feel free to check out their page if you never heard of them: https://status.im/
1 Like
Thank you for the course Amadeo.
It was very interesting to dive deeper in the DeFi space.
I am however a bit lost in the last part.
Run the code locally and take a screenshot of the application running and post it in the giveaway survey.
I truly have no idea what to do here.
Could someone please assist?
Thank you in advance!
Many thanks for the DeFi 101 course.
-
Are nāt we going to end up with centralised brokerage houses dealing with DeFi applications on
behalf of less knowledgeable clients all over the world? -
Many DeFi pilot programmes will be required for the average DeFi applications user to trial and
provide feedback to DeFI applications developers for mass adoption to take place.
Idea: My immediate idea is for us to create new DeFi building block Applications on top of all DeFi
Applications/Protocols that can promote, organise and carry out these pilot programmes and
trials.
-
Idea : We Create new DeFi building block Applications that directly link across to the present
Centralised Financial Sectors and Financial Media Outlets and encourage customers to
transfer over to DeFi applications, in order to provide a service and promote mass
adoption of DeFi.Regards Bifin.
1 Like
At the end of this course now and about to dive back in from the top and look for current opportunities. Interest rates are pretty low at the moment, some are even at zero, like the insured amounts on Opyn. But my introduction to this space is very much appreciated. Thank you for the course.
1 Like
Hey CryptoReal News
I see your point you are right if you do the maths, things are fluid in the crypto/defi space and will keep changing.
However You mentioned a very important point here when you said - borrowing from the traditional bank at 2% and invest in crypto to get 8% is good, however whatās even better is the you are bringing liquidity to the defi space and thatās is what is needed for defi economy to grow. Therefore essentially you are borrowing(Bank) and lending(defi) and some one else borrows with collateral the money you invested by lending to the defi space. Itās a supply and demand balance which blockchain/defi brings with all its perks.
The crypto world is a new creative economy it needs time, and most importantly it needs liquidity, productivity and participants, so like in the real world people work, earn, invest, borrow, lend, buy, sell, trade, etc., so as a new economy the lending and borrowing needs maturing and it is just the mechanics of any market economy. So when more more liquidity comes into the defi space other opportunities will open up as this will generate a better crypto market economy with new benefits and growth and open to all.
1 Like