Development of a new DeFi project Idea!

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Quote from: utsavroy985 on January 08, 2021, 12:26:41 PM

I have an idea for a Defi/Wallet project which I have been pondering on. The project involves a Multi Coin Wallet and DeFi use case. Since, I am from a Finance and Marketing background, I am creating this forum to find people with core tech background to collaborate with me on this project, do a feasibility study and develop this idea for mass market adoption.

Interested people can post below/reach via messaging.

Hi! I'm curious about how your project is progressing. I'm a student and a beginner developer, and I'm also interested in joining or working on a similar project because I find this field very promising.
However, after doing some research online, I realized that develop defi app is quite challenging. It requires a deep understanding of blockchain technology, smart contracts, and security protocols to ensure the safety of funds. Additionally, the competition in this space is fierce, and standing out in the market requires innovative ideas and solid execution.
Still, I think learning and working in this field would be an incredible experience for me.
So, I wanted to ask: is it worth investing time and effort in this area? Do you think the results justify the challenges and resources required?
Huh

Reid

hero member

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You are from finance and marketing so how about the money? The funds, of course, there is an initial need for that.
Do you literally just have the idea?

This kind of approach will be better suited in the services area.
Maybe here in Service discussion first? https://bitcointalk.org/index.php?board=198.0

jostorres

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Quote from: aemma on January 14, 2021, 06:15:44 AM

It is good you are coming up with an idea you believe in and also which you believe will contribute positively to the growth of the crypto space, hence it would be wise you work on it and present a whitepaper and a website if possible so that more people will understand what it is all about and what makes it actually different from others already in existence. If your idea is found to be exceptional, it will attract the right kinds of investors and you can gradually add up a team and start working hard to develop it to the required height. Also, while working on their idea, and possible future developments try and make the features unique so that, it will stand out.

I believe he doesn't even have a developer yet and that is why he is writing here. That is why he can't come up with a website and a whitepaper and get public's opinion and maybe even an investment from a small presale and use that for developers.

If OP is coming from finance background, he should have some money, finance people should always be the money people of the project, if he has zero money, that means he is only providing information and he wants to be a part of the project that he creates by doing nothing but talking. Unfortunately in this day and age everyone needs to do something, and if you do not pay for it, and if you just give partnership to something that doesn't even exist, you can't get it made. That is why I suggest you try to pay for developers, and if you can't pay for a developer, I would suggest you try to shelve this project until you have some money.

Kocret02

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what concept are you using? I think you should explain the concepts that you will use to attract people to join. because to be a maximum and successful deFI project not only from theory, but requires a clear and mature concept until the project is released in public. I will wait for your detailed explanation of the concept in this thread

slaman29

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So, only 5 days is all it took for this "new" defi project to get all these interested forum members asking about it.

Good luck with your new defi project guys. You'll need every single piece of good fortune you can get if this is all anyone can come up with for this brilliant idea:P

aemma

copper member

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It is good you are coming up with an idea you believe in and also which you believe will contribute positively to the growth of the crypto space, hence it would be wise you work on it and present a whitepaper and a website if possible so that more people will understand what it is all about and what makes it actually different from others already in existence. If your idea is found to be exceptional, it will attract the right kinds of investors and you can gradually add up a team and start working hard to develop it to the required height. Also, while working on their idea, and possible future developments try and make the features unique so that, it will stand out.

BigBoy89

legendary

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OP, could you post more details?

IMO there are enough Defi/Wallet projects, and we must know how you will differ from the gazilli onother projects?

bekti3

member

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try to lay out your ideas in advance in detail how the whole idea that you offer with all comprehensive arguments. does not necessarily express an idea without a component on which it is firmly founded.

utsavroy985

newbie

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I have an idea for a Defi/Wallet project which I have been pondering on. The project involves a Multi Coin Wallet and DeFi use case. Since, I am from a Finance and Marketing background, I am creating this forum to find people with core tech background to collaborate with me on this project, do a feasibility study and develop this idea for mass market adoption.

Interested people can post below/reach via messaging.

Topic: Development of a new DeFi project Idea! (Read 149 times)