qazgroup
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RiveMont
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July 14, 2020, 06:56:49 PM |
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A lot of people are predicting that the DeFi space will be the catalyst of the next bull run, projects like Maker and Compound have been hugely successful recently and many DeFi projects have performed brilliantly in the bear market.
Name the projects you're excited about in the DeFi space and why you think they will be big..
I'll start with an ICO I've recently invested in called Bidao. BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. In the future other Blockchains will also be integrated into the BiDao ecosystem.
They are founded by Bastian Aigner who is young guy with a solid tech background and strong education. He reminds me a bit of Vitalik, some people are so smart it's like they are operating on a different level to everyone else and he is like that.
I believe DeFi projects will definitely act as a stimulant for the next bull run and massive peak for Ethereum because everyday more and more Ethereum is being locked in DeFi projects through smart contracts this scenario is identical to last time ico rush where more and more eth was held in icos and this time i am expecting even bigger impact and also co-relate it with eth 2.0 and pos activation we can expect bulls from every corner for eth.
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Nesbee2
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July 14, 2020, 07:06:03 PM |
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well i have not actually participated in the Defi projects but one thing seems to be sure scammer are watching and waiting to move in and deal with investors same way they did in 2017 when we rushed to invest in different ICOs. i remember how i and my Friends wouldn't miss one ICO and different forms of scam projects were later introduced. while we made some money from the few good ICOs the scam ICOs later took all from us. As you invest in Defi projects be watchful.
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Oikos◆ | Decentralized Finance on Tron https://oikos.cash/
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Becky666
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July 14, 2020, 07:41:29 PM |
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Nowadays "Defi project" means a hit project. Already some defi project prove their ability, impress everyone with their unique idea. But be careful about those scammer, using defi's name to fruad people
This has always happened with new ways of life regarding cryptocurrency. When the ICOs came the market were move and millions of investors went into the industry, this was as a result of the hype be created back in 2017. The IEOs came and the market went smooth, but later turned into a mess with many investors be scammed. Likewise the defi, we should be wary about this system because it future maybe liken to that of the ICOs, IEOs among others. Scammers will eventually get into this system and feasts on newborn investors.
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BeginToMine
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https://www.payaccept.net/
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July 14, 2020, 08:26:03 PM |
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What will kill Defi is soon coming if care isn't taking because scam projects are revolving with Defi idea. Now no one can easily predict the best which us actually the issue with crypto. Many have good mind about their project growth through Defi medium but watch how it will be with some pump and dump projects. Let's do thorough research though.
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bittraffic
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July 15, 2020, 06:37:00 AM |
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It seems DEFI projects are the talk of the town now but people need to watch out now for scams, remember when smart contract was a thing in 2017/2018 most of them delivered nothing of value and some that do no one is using it. DEFI space is going to be a winner takes all space and all the remaining ones would just die off
Scammers will plan to create a Defi project as well to make sure they are going to gain a lot of money through this trend. DEFI can make it easy for them because basically an investors will just send ETH and they get the Defi tokens meant to stake. But this could be tricky for them since all are smartcontract, they will now have to hire programmers to make all this work.
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minairia3
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Vave.com - Crypto Casino
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July 15, 2020, 07:05:27 AM |
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It seems DEFI projects are the talk of the town now but people need to watch out now for scams, remember when smart contract was a thing in 2017/2018 most of them delivered nothing of value and some that do no one is using it. DEFI space is going to be a winner takes all space and all the remaining ones would just die off
Even defi projects still utilizing smart contracts. Most of the projects are still using ethereum network to launch their protocol, I think no one aside from kava that focus on defi that using a nonerc20 blockchain protocol. Tron, eos, klay are all smart contract and some of them deployed already countless defi platform on the community. But still, ethereum hodls the number of highest defi developers out there. Scammers are surr to tapped onto defi but people are wise to know if they are really a defi or fake one.
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irixo10
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GoMeat - Digitalizing Meat Stores - ICO
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July 15, 2020, 08:47:09 AM |
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It is true that Defi projects has made massive hype for some days now which is good in a kind of way as it has brought about attention from many people. It is also true that some Defi have good use case they are working on but yet it is wise to go down memory lane a bit, back to the days of ICO. That is, just like in ICOs where scammers took over and scamming was too much, same thing will most likely happen with Defi, so as we all ride on the Defi hype let's be careful so that we don't enrich scammers again.
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pakhitheboss
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July 15, 2020, 11:30:25 AM |
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Defi is hyped and if you are an investor then Defi is best to quickly gain good profit. There have been a lot of scams lately in this sphere and it is always advised to research before investing. For me these 5 Defi tokens are the best investment opportunity.
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dataispower
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July 15, 2020, 12:53:18 PM |
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I'm presently doing research on DeFi projects that I can invest money on but still I'm been more careful because I'm expecting scammers to start pulling their strings from the shadows, I think remember what happened in ICO times
Scammers are already "pulling their strings" per say, so many new scam tokens from baseless projects all in the name of DEFI and listing on uniswap. Some even won't list officially on uniswap, no etherscan offcial details yet gullible investors will buy in. Some scam at presale/private sale and delete their telegram groups, then launch new scam projects. We just need to be wise and not invest foolishly in new DEFI projects.
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hdn
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July 15, 2020, 01:16:28 PM |
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Hi, im new with OIKOS anybody could advice how to buy this coin and safe keeping appreciate for the advice
I did try it and invested some of my TRX there while I joined the first signature campaign they have. I still have the OKS never sold them. The minter works but it gets congested sometimes. The dev team said its because of the TRON grid, its very timely since the time TRON upgrades to TRON4. Oikos platform is more like Bidao like OP describes, you synthetic assets I guess will bring crypto to another level. Tq for your info, had bought some yesterday from MXC.
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target
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July 15, 2020, 03:17:11 PM |
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Defi is hyped and if you are an investor then Defi is best to quickly gain good profit. There have been a lot of scams lately in this sphere and it is always advised to research before investing. For me these 5 Defi tokens are the best investment opportunity. I can't see this link, but in my experience the DeFi projects are being hyped and it could explode at any time. These projects only grow at the first stage and then the price keeps falling, be careful if you want to invest in it. https//cointikka.com/top-5-defi-tokens-with-highest-roi/ Thats the link where it goes. It lists AAVE, KYBER, BANCOR, ELROND and SYNTHETIX We can always say it hype after all we all want the price to dip all the time. But whatever how you wanna look at it, their prices are rising including the ones from other platforms. The popular one is the Synthetix due to traders can play leverage trading without submitting KYC this is a big plus.
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Gunday_07
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July 15, 2020, 03:24:01 PM |
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Everyone is talking about DeFi projects right now, the hype keeps climbing up, I will just like to advice newbies to be smart, sooner or later scammers will target DeFi use case, they will try to build new fake DeFi projects
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Eco_111
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July 15, 2020, 04:44:08 PM |
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A lot of people are predicting that the DeFi space will be the catalyst of the next bull run, projects like Maker and Compound have been hugely successful recently and many DeFi projects have performed brilliantly in the bear market.
Name the projects you're excited about in the DeFi space and why you think they will be big..
I'll start with an ICO I've recently invested in called Bidao. BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. In the future other Blockchains will also be integrated into the BiDao ecosystem.
They are founded by Bastian Aigner who is young guy with a solid tech background and strong education. He reminds me a bit of Vitalik, some people are so smart it's like they are operating on a different level to everyone else and he is like that.
BiDao sounds interesting and I will definitely check it out later, thanks for sharing, DeFi projects isn't just about the HYPE, I believe they are better than what we've seen ICO did, decentralized finance works that's why they are doing well today, they aren't new use case
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uneng
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July 15, 2020, 05:31:14 PM |
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Well, that is very interesting for sure and the possibility of earning high rates of passive income through lending money on these platforms amazes almost everyone, but always a new hype surges and the market rises so fast on a determined currency, project or concept we need to ask if that is happening for real or if it's just a trend that will lead the last investors to a big loss. Be aware the lending system isn't totally safe: Is DeFi lending safe? Different lending protocols come with different risks. We believe it's safe to lend via all of our top picks and always encourage users to never lend more than they would be willing to lose. While virtually all the top lending products have undergone significant audits, there is always a small chance funds could be compromised through unforeseen attack vectors. Another point is: you have to convert your bitcoin into other currency to lend, so you are finishing your bitcoin investment to start a new investment with a new currency, does it worth? If bitcoin hits the bull market meanwhile all your lending profits will be kind of worthless...
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Metall303
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Oikos.cash | Decentralized Finance on Tron
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July 15, 2020, 05:33:30 PM |
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Everyone is talking about DeFi projects right now, the hype keeps climbing up, I will just like to advice newbies to be smart, sooner or later scammers will target DeFi use case, they will try to build new fake DeFi projects
I think that not only scammers can be a problem, but also the Defi projects themselves. we do not know yet what kind of problems these projects may face. People should not invest all their money in these projects because now they are popular
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ZincUnrated
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July 15, 2020, 05:58:37 PM |
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DeFi is the new trend and I see a lot of people scrambling for DEFI projects currently due to how lucrative they are and the ability to make people some decent income. However, just like other trends that have come before it, there will be an abuse of the entire process leading to several scams and frauds looking to cash in on the buzz and defraud unsuspecting people. My advice to anyone is to be very mindful of what they invest their money on.
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wmaurik
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July 15, 2020, 06:04:20 PM |
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Everyone is talking about DeFi projects right now, the hype keeps climbing up, I will just like to advice newbies to be smart, sooner or later scammers will target DeFi use case, they will try to build new fake DeFi projects
I think that not only scammers can be a problem, but also the Defi projects themselves. we do not know yet what kind of problems these projects may face. People should not invest all their money in these projects because now they are popular I agree a little about this because I think every new trend, there must be some fake developers or scammers who use this to find personal gain, before investing in DeFi project, I think that needs to be done due diligence first and if you already feel that the project has potential I think investing with money much on DeFi Project doesn't matter.
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Aqib Sarwar
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July 15, 2020, 06:29:51 PM |
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DeFi projects have been making wave these day. It's like all attention is going to DeFi now and we are enjoying it because everything is for the good of cryptocurrency and blockchain technology. I think I am watching OIKOS presently, it is actually a new DeFi on From blockchain.
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Dilerium90
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July 15, 2020, 06:54:22 PM |
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DeFi is the new trend and I see a lot of people scrambling for DEFI projects currently due to how lucrative they are and the ability to make people some decent income. However, just like other trends that have come before it, there will be an abuse of the entire process leading to several scams and frauds looking to cash in on the buzz and defraud unsuspecting people. My advice to anyone is to be very mindful of what they invest their money on.
People are so arranged, that they will always seek benefits there, where is increased demand. Since attention is now really focused on DeFi projects and they are growing in price, many scammers create fake projects to make money n it. Also in 2018, new ICOs appeared every day. The only way to protect you is to trade on the exchange with existing DeFi.
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aqib180
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July 15, 2020, 06:58:39 PM |
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I think DeFi projects have been making wave these day.It's like all attention is going to DeFi now.I think investing with money much on DeFi Project doesn't matter.
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