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Author Topic: Is DeFI the future of finance?  (Read 4062 times)

Offline EAA-ALLAH

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Is DeFI the future of finance?
« on: November 15, 2020, 08:58:16 AM »
Many people saying defi a temporary hype and it couldn't lasting more . I don't understand what should I do? I already reading several post in blogs and medium but I don't get anything about DeFI future.

What is your suggestions?

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Is DeFI the future of finance?
« on: November 15, 2020, 08:58:16 AM »

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Re: Is DeFI the future of finance?
« Reply #1 on: November 16, 2020, 03:58:06 AM »
I thought also that the DeFi hype was temporary but  DeFi for survive I think the chances are quite big especially a good & potential DeFi project
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Offline Lorix

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Re: Is DeFI the future of finance?
« Reply #2 on: November 16, 2020, 04:18:09 PM »
The temporary hype about DeFi can never be true. But if you search for DeFi on social media and Google, you will know a lot more. Because there is no detail about the future of DeFi. But I think DeFi space will remain in cryptocurrency.

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Re: Is DeFI the future of finance?
« Reply #3 on: November 16, 2020, 05:31:12 PM »
I agree that the hype around the defi sphere has dropped very much and it's not clear why, but still a lot of cryptocurrency companies want to develop in the defi sphere, and therefore I think that everything will be fine with the defi sphere and we shouldn't discount the defi sphere, and I constantly invest in various top defi projects because I believe in defi sphere.
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Offline Jawahara

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Re: Is DeFI the future of finance?
« Reply #4 on: November 16, 2020, 07:37:06 PM »
I strongly believe that DeFi is a temporary hype as well. I don't see most of the DeFi projects surviving 2021 cause most of the Devs are just set to cashout on investors that got into the project with trust of making some money out of it, only to be scammed while believing and holding on the asset(s).

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Re: Is DeFI the future of finance?
« Reply #5 on: November 16, 2020, 08:31:19 PM »
No matter how many frauds and scams happen in DeFi, DeFi will survive. But now the situation is a little worse. DeFi's services are very long. DeFi is of paramount importance in providing much more service to users around the world. However, scandals and fraud may come to the fore. But we have to continue the trend of investment. DeFi will improve a lot.

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Re: Is DeFI the future of finance?
« Reply #6 on: November 19, 2020, 06:57:41 AM »
DeFi projects have brought a lot of new and useful things to the functionality of the cryptocurrency.  Therefore, the promising ones will remain, and the useless ones, as always, will die.  This is not to say that DeFi projects are the future of finance.  They will simply fill their niche in this area.  On their basis, something new will arise.  This is how everything develops.

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Re: Is DeFI the future of finance?
« Reply #6 on: November 19, 2020, 06:57:41 AM »


Offline EAA-ALLAH

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Re: Is DeFI the future of finance?
« Reply #7 on: November 24, 2020, 10:46:53 AM »
DeFi projects have brought a lot of new and useful things to the functionality of the cryptocurrency.  Therefore, the promising ones will remain, and the useless ones, as always, will die.  This is not to say that DeFi projects are the future of finance.  They will simply fill their niche in this area.  On their basis, something new will arise.  This is how everything develops.
All DeFI projects have have no better future. Only some popular and potentially secured defi projects have better future. Aave , yfi , comp, chainlink, polkadot and wbtc have better future.

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Re: Is DeFI the future of finance?
« Reply #8 on: November 25, 2020, 12:17:53 PM »
Yes, brother, you are right. Nowadays it is seen that most of the investments in DeFi are being invested which has resulted in many scamming managers coming and launching projects under this name which has tarnished some of the reputation of DeFi.
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Offline Pluto25

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Re: Is DeFI the future of finance?
« Reply #9 on: November 25, 2020, 12:22:11 PM »
Many people saying defi a temporary hype and it couldn't lasting more . I don't understand what should I do? I already reading several post in blogs and medium but I don't get anything about DeFI future.

What is your suggestions?
I don't believe that defi not a  temporary hyped but it alive as much as blockchain alive. Obviously of course defi projects is the future platform of finance. Many people are moving to DeFI projects from others section.

Offline Magepai

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Re: Is DeFI the future of finance?
« Reply #10 on: November 25, 2020, 12:46:12 PM »
At the present time, it can be seen that people get excited when they hear the name of DeFi project.  In fact, investing there without realizing it has resulted in a lot of losses.  In fact, those who are scamming are taking advantage of the opportunity to use DeFi. Therefore, those of us who will invest in it must know about it properly and then do it.
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Offline Magepai

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Re: Is DeFI the future of finance?
« Reply #11 on: November 25, 2020, 12:55:04 PM »
No matter how many frauds and scams happen in DeFi, DeFi will survive. But now the situation is a little worse. DeFi's services are very long. DeFi is of paramount importance in providing much more service to users around the world. However, scandals and fraud may come to the fore. But we have to continue the trend of investment. DeFi will improve a lot.

You said it would improve yes ok.  But now many scammers are scamming under its name.  As a result, we have seen some of DeFi's project scams. I would especially say that if anyone really wants to invest here, he must understand and listen.
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Re: Is DeFI the future of finance?
« Reply #12 on: November 25, 2020, 01:07:29 PM »
No matter how many frauds and scams happen in DeFi, DeFi will survive. But now the situation is a little worse. DeFi's services are very long. DeFi is of paramount importance in providing much more service to users around the world. However, scandals and fraud may come to the fore. But we have to continue the trend of investment. DeFi will improve a lot.

You said it would improve yes ok.  But now many scammers are scamming under its name.  As a result, we have seen some of DeFi's project scams. I would especially say that if anyone really wants to invest here, he must understand and listen.

Actually I don’t have much of an idea about DeFi.  After reading your post, I realized that scamming is also starting here.  In fact, if this happens, the popularity will decrease day by day.
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