Topic: Huobi launches DeFi incubator, sets aside ‘tens of millions of dollars’ (Read 159 times)
August 05, 2020, 03:16:45 PM
It is ok to see defi really trending and booming, all major crypto companies and projects are now wanting to jump in and take advantage of the defi hype train but i would like more if as a result all the market gets the positive sentiment and all market should perform well and not just a few defi tokens.
August 05, 2020, 12:57:11 PM
All of this will soon end, there were a lot of moments like this, AI word became something super important buzzword for a while, blockchain was like that, then ICO was the craze and many stuff like that, nowadays it is DeFi and none of this really matters because as soon as people stop giving a damn about it, you could spend 100 million dollars on just marketing and still can't the attention back.
That is why I do care about what the solid stuff that is still getting attention but got attention few years ago as well, if you can find those stuff that means they will also get attention in few years as well, find stuff that are not just hyped and bubble that is ready to burst, find stuff that has always been good and still good that looks like will be good in the future too.
That is why I do care about what the solid stuff that is still getting attention but got attention few years ago as well, if you can find those stuff that means they will also get attention in few years as well, find stuff that are not just hyped and bubble that is ready to burst, find stuff that has always been good and still good that looks like will be good in the future too.
August 05, 2020, 06:12:11 AM
I recently seen Huobi as expanding exchange and I guess they have a goal for this year and that's to adopt and adjust with what the market needs. I don't have much expectation as they are also competing with other good exchanges.
What matters is the customer satisfaction which they can provide to us.
What matters is the customer satisfaction which they can provide to us.
August 05, 2020, 05:57:26 AM
WoW. As per defimoneymarket.com, Huobi is a partner of them. So, their token DMG can be expected to skyrocket. 
https://www.coingecko.com/en/coins/dmm-governance
https://www.coingecko.com/en/coins/dmm-governance
August 05, 2020, 05:53:13 AM
With what they are doing, I believe they are trying to find good Defi projects in the near future, and I believe this hype will last at least 1-2 years. And it will help this whole market go up, waiting for the best projects from them
August 05, 2020, 05:45:28 AM
I agree with what you guys are saying, perhaps this is really bullish for alt coins in such big exchanges like Huobi are going to set aside money.
It will also be interesting on how Binance will react or counter this on their part. They wouldn't let this Defi hype pass them as there are a huge money opportunity for them.
And I'm sure that if ever Huobi come out with their own Defi, it will be very different from what we've seen so far.
It will also be interesting on how Binance will react or counter this on their part. They wouldn't let this Defi hype pass them as there are a huge money opportunity for them.
And I'm sure that if ever Huobi come out with their own Defi, it will be very different from what we've seen so far.
August 05, 2020, 04:48:52 AM
For Houbi to make the initiative of investing on Defi project is because they believe that decentralized finance is the next big thing in crypto, it would be more satisfying if many of the Defi project are genuine, we know that this would be the hunting ground for scammers soon. People should be careful.
August 05, 2020, 03:56:29 AM
Huobi launches DeFi incubator, sets aside ‘tens of millions of dollars’ for investments
https://finance.yahoo.com/news/huobi-launches-defi-incubator-sets-165730766.html
The hype around the DeFi is not stopping as Huobi also jump on the bandwagon with millions of dollars allocated on this initiatives. I think this year and the next could surpass what the ICO madness is in 2017. I will look at this as a bullish indication.
What do you think about this venture of Huobi?
Yeah, seems like DeFi craze is here to stay and such initiatives from the top crypto companies is going to ignite the fire further and I think now the time for innovation is truly coming and decentralized finance will be a big thing in 2 to 3 years time assuming from the growth it is witnessing right now and this can easily drive the whole market by providing that euphoric stimulus. Quote
Huobi Group has announced the launch of Huobi DeFi Labs, a research and incubation platform focused on decentralized finance applications and projects.
According to the announcement, Huobi's DeFi-centric arm will focus on research, investments and the incubation of DeFi initiatives. Huobi Group itself will "allocate tens of millions of dollars to an initial investment fund, which will be managed by Huobi DeFi Labs," according to the press statement.
The initial team will comprise four research and investment staffers. The initiative will be led by Huobi's chief investment officer Sharlyn Wu, who previously led the blockchain department at China Merchant Bank International (CMBI).
According to the announcement, Huobi's DeFi-centric arm will focus on research, investments and the incubation of DeFi initiatives. Huobi Group itself will "allocate tens of millions of dollars to an initial investment fund, which will be managed by Huobi DeFi Labs," according to the press statement.
The initial team will comprise four research and investment staffers. The initiative will be led by Huobi's chief investment officer Sharlyn Wu, who previously led the blockchain department at China Merchant Bank International (CMBI).
https://finance.yahoo.com/news/huobi-launches-defi-incubator-sets-165730766.html
The hype around the DeFi is not stopping as Huobi also jump on the bandwagon with millions of dollars allocated on this initiatives. I think this year and the next could surpass what the ICO madness is in 2017. I will look at this as a bullish indication.
What do you think about this venture of Huobi?
August 05, 2020, 03:37:29 AM
Let's hope they will create some new good project, and will not copy existing ones. I am sure the defi technology still has potential.
Much better if they will not create another some project that needs ICO/IEO or any offering and will make another coin.But this DeFi project by Huobi is different and unique, especially DeFi is starting to become popular.
Let's hope this will become successful for the sake of DeFi technology and innovation too in cryptocurrency. This may be new for some people.
Hey you seem to know a lot about this Huobi project saying its different and unique, can you hook me up on this projects telegram, id like to know more about this. Thanks
August 05, 2020, 03:13:54 AM
The hype around the DeFi is not stopping as Huobi also jump on the bandwagon with millions of dollars allocated on this initiatives. I think this year and the next could surpass what the ICO madness is in 2017. I will look at this as a bullish indication.
Decentralized finance is the new ico in the altcoin market, crypto organizations will try to make money from deFi with the hype and push their company to the next level and it'll also prolly increase the trust around deFi and could make them last longer in the altcoin industry, the question now is for how long, and if it'll last longer than ico's and ieo's that have all now become a scam.Imo Huobi have made a good move investing millions of dollars, and their ROI will be much more, it's better to take advantage of the hype deFi has now, I do hope deFi will last long of course, but of course we know the altcoin industry can't guarantee that.
August 05, 2020, 02:52:31 AM
Let's hope they will create some new good project, and will not copy existing ones. I am sure the defi technology still has potential.
Much better if they will not create another some project that needs ICO/IEO or any offering and will make another coin.But this DeFi project by Huobi is different and unique, especially DeFi is starting to become popular.
Let's hope this will become successful for the sake of DeFi technology and innovation too in cryptocurrency. This may be new for some people.
August 05, 2020, 02:46:44 AM
Let's hope they will create some new good project, and will not copy existing ones. I am sure the defi technology still has potential.
August 04, 2020, 06:02:25 PM
Indeed this is a very bullish indication when a big exchange such as Huobi is allocating this huge amount of money. And I think they wouldn't venture without actually getting a profits here, so obviously they are targeting good ROI as everyone is really hype about this Decentralized Finance and they know that news sells in crypto sphere.
So they want to be the first exchange and would like to collar the market as early as today before the whole Defi business model became a bubble. Good move by Huobi here, of course there is competition against them and Binance, so let's see how CZ will react if he hasn't done so.
So they want to be the first exchange and would like to collar the market as early as today before the whole Defi business model became a bubble. Good move by Huobi here, of course there is competition against them and Binance, so let's see how CZ will react if he hasn't done so.
Waiting also how Binance will counter this Huobi's big move to cater these DeFi projects. But have you seen Binance sentiments towards DeFi platform? Based from below links they already recognized the potential of DeFi in the market and the use cases that it will bring among users. So I will not be surprised if in the very near future they will have the DeFi incubator on their own. The more competition among them, the better for investors, as they can have good selection of DeFi projects. And if it is hosted by Binance, we know that they will have high standard in terms of acceptance criteria.
https://research.binance.com/en/analysis/2020-borderless-state-of-defi
https://academy.binance.com/blockchain/the-complete-beginners-guide-to-decentralized-finance-defi
August 04, 2020, 05:54:51 PM
Indeed this is a very bullish indication when a big exchange such as Huobi is allocating this huge amount of money. And I think they wouldn't venture without actually getting a profits here, so obviously they are targeting good ROI as everyone is really hype about this Decentralized Finance and they know that news sells in crypto sphere.
So they want to be the first exchange and would like to collar the market as early as today before the whole Defi business model became a bubble. Good move by Huobi here, of course there is competition against them and Binance, so let's see how CZ will react if he hasn't done so.
So they want to be the first exchange and would like to collar the market as early as today before the whole Defi business model became a bubble. Good move by Huobi here, of course there is competition against them and Binance, so let's see how CZ will react if he hasn't done so.
August 04, 2020, 05:51:16 PM
Huobi launches DeFi incubator, sets aside ‘tens of millions of dollars’ for investments
https://finance.yahoo.com/news/huobi-launches-defi-incubator-sets-165730766.html
The hype around the DeFi is not stopping as Huobi also jump on the bandwagon with millions of dollars allocated on this initiatives. I think this year and the next could surpass what the ICO madness is in 2017. I will look at this as a bullish indication.
What do you think about this venture of Huobi?
Quote
Huobi Group has announced the launch of Huobi DeFi Labs, a research and incubation platform focused on decentralized finance applications and projects.
According to the announcement, Huobi's DeFi-centric arm will focus on research, investments and the incubation of DeFi initiatives. Huobi Group itself will "allocate tens of millions of dollars to an initial investment fund, which will be managed by Huobi DeFi Labs," according to the press statement.
The initial team will comprise four research and investment staffers. The initiative will be led by Huobi's chief investment officer Sharlyn Wu, who previously led the blockchain department at China Merchant Bank International (CMBI).
According to the announcement, Huobi's DeFi-centric arm will focus on research, investments and the incubation of DeFi initiatives. Huobi Group itself will "allocate tens of millions of dollars to an initial investment fund, which will be managed by Huobi DeFi Labs," according to the press statement.
The initial team will comprise four research and investment staffers. The initiative will be led by Huobi's chief investment officer Sharlyn Wu, who previously led the blockchain department at China Merchant Bank International (CMBI).
https://finance.yahoo.com/news/huobi-launches-defi-incubator-sets-165730766.html
The hype around the DeFi is not stopping as Huobi also jump on the bandwagon with millions of dollars allocated on this initiatives. I think this year and the next could surpass what the ICO madness is in 2017. I will look at this as a bullish indication.
What do you think about this venture of Huobi?
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