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Topic: DeFi Projects - page 12. (Read 3718 times)

sr. member
Activity: 1330
Merit: 289
July 15, 2020, 08:53:18 AM
#89
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.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
July 15, 2020, 07:30:25 AM
#88
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.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
July 15, 2020, 04:47:09 AM
#87
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.
sr. member
Activity: 1498
Merit: 326
CRYPTOMUS
July 15, 2020, 03:05:27 AM
#86
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.
hero member
Activity: 2870
Merit: 612
#SWGT PRE-SALE IS LIVE
July 15, 2020, 02:37:00 AM
#85
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.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
July 14, 2020, 04:26:03 PM
#84
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.
full member
Activity: 756
Merit: 231
July 14, 2020, 03:41:29 PM
#83
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.
jr. member
Activity: 840
Merit: 3
July 14, 2020, 03:06:03 PM
#82
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.
member
Activity: 1022
Merit: 20
RiveMont
July 14, 2020, 02:56:49 PM
#81
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.
hero member
Activity: 1876
Merit: 512
July 14, 2020, 02:48:47 PM
#80
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
member
Activity: 483
Merit: 10
terra-credit.com
July 14, 2020, 02:36:48 PM
#79
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
however, the same project concept will be more and more. they will emulate successful projects and gain the interest of large investors. the more projects the same, the more likely they are scammers.
full member
Activity: 727
Merit: 109
#SWGT PRE-SALE IS LIVE
July 14, 2020, 02:30:21 PM
#78
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
legendary
Activity: 3066
Merit: 1049
Eloncoin.org - Mars, here we come!
July 14, 2020, 01:16:15 PM
#77
no denying of  Defi hype projects, its the one that will likely make cryptcurrency bloom amidst the pandemic. one project that's been full of controversy because Justin Sun himself fud about it was Oikos.cash and just today its officially on CMC https://coinmarketcap.com/currencies/oikos/

anyone can stake OKS and mint sUSD to get rewards. price starts to climb once again!
jr. member
Activity: 221
Merit: 1
July 14, 2020, 12:42:29 PM
#76
I believe in the future of DeFi projects, all DeFi project are currently doing well, was very suprised with the success of Bzrz, this project made people a millionaire, alot of bounty hunters cashout big, oks is doing well, learnt snx too is also DeFi project and is currently doing well. Defi will go a very long way.
member
Activity: 798
Merit: 38
July 14, 2020, 12:22:20 PM
#75
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.
Thank you for your information. I first knew the name of this project and was quite impressed with their big partners like Tronx or Chainlink, Binance. And I'm even more surprised to see so many other bluechip projects tweeting about Bidao very well, maybe I'll have to keep an eye on it in the near future.

Even if BiDAO is a DeFI project and you see many DeFi projects making wakes amidst market instability, that should not stop you from doing your own research before investing. Just as much as I am now a fan of DeFi projects, I still conduct my own personal findings and make sure I am for what is right.
full member
Activity: 335
Merit: 100
July 14, 2020, 12:17:08 PM
#74
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.
Thank you for your information. I first knew the name of this project and was quite impressed with their big partners like Tronx or Chainlink, Binance. And I'm even more surprised to see so many other bluechip projects tweeting about Bidao very well, maybe I'll have to keep an eye on it in the near future.
member
Activity: 258
Merit: 32
July 14, 2020, 11:14:31 AM
#73
Equilibrium (https://equilibrium.io/) is a quite promising project. It supports EOS & BTC collateralization, has a negative loan APR and a 130% min collateralization ratio. Recently, they released a new staking pool for EOS and EOSDT stablecoin with high APY.
That's one of my favourite defi project am looking after and hope to see good team developers to move the project forwards. This project  with the team make me remember some good projects back in 2017. Although, those who choose to make their investment with them should do that with care.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
July 14, 2020, 11:12:44 AM
#72
if we look at the current trend in the cryptocurrency market, we will see that the cryptocurrency community is very interested in Defi projects. I'm sure that the time has come for the decentralization which we have been waiting for
member
Activity: 535
Merit: 33
here we go
July 14, 2020, 11:00:12 AM
#71
Just be careful because very soon scammers will try to build fake DeFi projects to lure investors since investors have interest in DeFi projects like many claimed, remember what happened when ICO entered crypto space? Same thing will be repeated, you've been warned
The way to warn is not to be in such a hurry, just relax, because investors now are no longer stupid like in the past, they will always make checks on new projects, both DeFi and non-DeFi, even though they really like the DeFi project does not mean they will not check it first.
Not all investors mister, what about new crypto investors? Every week new waves of newbies find their ways to crypto space and they have zero experience about new projects, even if they decide to do some research first they aren't as smart as those who are already on here
True, it is quite difficult for new investors, but if they smart, they will not become investors without knowledge in their field. And we can see from a number of things that are easy to choose a project, choose who has partners, famous investors. You can glance at "DIA" project, see my signature.
legendary
Activity: 2646
Merit: 2225
https://t1p.de/6ghrf
July 14, 2020, 10:28:30 AM
#70
for how long we don't know, indeed, now the de-fi project is experiencing extraordinary hype, the enthusiasm of investors to invest in new de fi projects is very high, and they are confident or assume that the project will succeed.
the question is how long does this last?
at least a really good project will survive, and one that only relies on hype de fi won't last long.
It doesn't matter how long it lasts, it matters how much we can make before the hyip is over, as usual.
Yea it's about making profits out of DeFi projects, honestly most new crypto projects are based on hype and it you aren't smart enough while the hypes are still alive you may get crushed and loss out, I'm more interested in what profits I can earn from DeFi projects only
Yes, that is the way how it should be.  Grin
But Okay, let us get down to business then.  Which Defi Projects would you or anyone else suggest for huge gaining?
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