When creating DeFi, they tried to take into account the mistakes of the ICO, and only time will tell the vulnerable sides of DeFi. But the worst thing is that it is impossible to get rid of scammers and hyped projects, they will still find ways to make money in any project, with any protection system.
This, at the beginning when icos were first introduced in the market we saw many good projects being developed and that is why that form of funding became popular, but what happened? Scammers noticed this and began to take advantage of people and it is exactly what it is going to happen to DeFi projects as well, the first DeFi projects were good and as such they generated profits and people wanted to be part of that and scammers obliged, so sooner or later all of this hype over DeFi projects will end. 
Topic: Is Defi New revolution or just like 2017 ICO,s ? - page 2. (Read 929 times)
I think defi is a new bubble which will burst and leave many rekt
Here is my before and after thoughts about DeFi projects
BEFORE
DeFi is different from ICO completely because it's crowdfunding vs utility that's pointing to Decentralized Finance and it just got popular on its own, getting better than centralized finance now, investing in DeFi projects is futuristic investment that will bring investors huge profits.
AFTER
Well eventually DeFi will end up the same way that ICO ends up in 2017 and many DeFi projects will die and bring huge loss for those who are too hooked with DeFi because there are too many fake DeFi projects riding DeFi hype only, be careful and do very deep research on any DeFi projects you want to invest money on.
As much I hate to say this, DeFi will eventually lost its hype just like IEO and ICO back then but the main reason why ICO dies out because the scam is too rampant then come IEO that offers more security but eventually there's shady people who trying to create shady IEO by making shady exchange. but, DeFi is different than ICO and its utilities is what promises profit of an investment. But well, let's see what will DeFi ended up become. BEFORE
DeFi is different from ICO completely because it's crowdfunding vs utility that's pointing to Decentralized Finance and it just got popular on its own, getting better than centralized finance now, investing in DeFi projects is futuristic investment that will bring investors huge profits.
AFTER
Well eventually DeFi will end up the same way that ICO ends up in 2017 and many DeFi projects will die and bring huge loss for those who are too hooked with DeFi because there are too many fake DeFi projects riding DeFi hype only, be careful and do very deep research on any DeFi projects you want to invest money on.
Here is my before and after thoughts about DeFi projects
BEFORE
DeFi is different from ICO completely because it's crowdfunding vs utility that's pointing to Decentralized Finance and it just got popular on its own, getting better than centralized finance now, investing in DeFi projects is futuristic investment that will bring investors huge profits.
AFTER
Well eventually DeFi will end up the same way that ICO ends up in 2017 and many DeFi projects will die and bring huge loss for those who are too hooked with DeFi because there are too many fake DeFi projects riding DeFi hype only, be careful and do very deep research on any DeFi projects you want to invest money on.
BEFORE
DeFi is different from ICO completely because it's crowdfunding vs utility that's pointing to Decentralized Finance and it just got popular on its own, getting better than centralized finance now, investing in DeFi projects is futuristic investment that will bring investors huge profits.
AFTER
Well eventually DeFi will end up the same way that ICO ends up in 2017 and many DeFi projects will die and bring huge loss for those who are too hooked with DeFi because there are too many fake DeFi projects riding DeFi hype only, be careful and do very deep research on any DeFi projects you want to invest money on.
I agree with what has been said. It is certain that he will share the same fate as the ICOs. Nevertheless, it would be best to make a profit by taking advantage of opportunities instead of waiting for it to turn our backs completely and collapse. During the ICO period, we made good money in this way. Currently, my investments in many cryptocurrencies are above ICO prices.
Completely agree to your point. for sure it have same fate until it collape take good profit from it
One thing I found out about the cryptocurrency industry is that there are time and season for everything. Defi tokens seems to be in the limelight now, and I'm not surprised because I know that it was exactly the way it was in 2017 when ICO's were the talk of the year and people some persons made substantial gains investing in ICO, though others lost as a result of the scam projects which were also very rampant.
Guys
these days heard lots about Defi ?
what do you think Defi have some real use cases if yes
would you think its good to invest in it ?
these days heard lots about Defi ?
what do you think Defi have some real use cases if yes
would you think its good to invest in it ?
It is just the same with ICO the only difference is the existence of yield farming projects. Most of those ICO before are based on platform, but now lending, staking and many more are on the hype. I wonder what would be the case of this hype in the end. Either we gonna go to the bull run or will be going back to bear market.
Hopefully this hype will last for 1-2 years to make this market grow strongly. If it collapsed too soon, the market would fall soon after. Besides, Defi is also safer than ICO so investors will be extremely excited to invest in them.when i hear the word hype , first thing come to my mind is short term . 1 to 2 years is already long if this only a hype but guyz im not a basher here and im not killing the joy of those who love hypes and defi but thats only my view with them . you guys can keep on investing if you wanted to because what more important is that you enjoy things while it last . some few ico still survived till this date and if defi is really like an ico , defi enthusiast should be happy because it means that this isnt just hyped .
All projects are formed to make money as well as Defi’s but just like ICO hype you really need to understand what you are buying because definitely some of them may succeed but most of them might fail. I just hope that investors are aware and learned from 2017 ICO’s hype and more mature in choosing their investments.
Guys
these days heard lots about Defi ?
what do you think Defi have some real use cases if yes
would you think its good to invest in it ?
these days heard lots about Defi ?
what do you think Defi have some real use cases if yes
would you think its good to invest in it ?
It is just the same with ICO the only difference is the existence of yield farming projects. Most of those ICO before are based on platform, but now lending, staking and many more are on the hype. I wonder what would be the case of this hype in the end. Either we gonna go to the bull run or will be going back to bear market.
Hopefully this hype will last for 1-2 years to make this market grow strongly. If it collapsed too soon, the market would fall soon after. Besides, Defi is also safer than ICO so investors will be extremely excited to invest in them. Guys
these days heard lots about Defi ?
what do you think Defi have some real use cases if yes
would you think its good to invest in it ?
these days heard lots about Defi ?
what do you think Defi have some real use cases if yes
would you think its good to invest in it ?
The DeFi direction itself has a number of advantages, especially now that more and more crypto platforms are becoming like ordinary centralized projects. But that doesn't mean that all DeFi's are. I've noticed that many platforms are trying to claim the DeFi title, which immediately raises a lot of doubts. I would not rush to conclusions about DeFi, but simply studied this direction in more depth and, based on the information received, I joined one or another project.
The Defi hype are still on but it still cannot defeat the era of Icos back in 2017.. Where all buying tokens even a shit one. Defi has being so hyped lately and i can see the clone are popup so fast right now as they want to make an easy money from the Defi hype which is has no values at all. No project to be offer just a copy paste from other project.
Defi has only become popular in the last few months, so in the near future I also believe there will be many bullshit Defi projects coming up in this market and trying to steal money from investors. In 2017, investors had no experience in analyzing projects, which is why there were many scammer and many people lost money with it
The Defi hype are still on but it still cannot defeat the era of Icos back in 2017.. Where all buying tokens even a shit one. Defi has being so hyped lately and i can see the clone are popup so fast right now as they want to make an easy money from the Defi hype which is has no values at all. No project to be offer just a copy paste from other project.
Obviously Defi is a lot better than an ICO because they already have the product and can use it right away. That is why so many FOMO Defi people in this market and it helps many investors to get profits, the price even goes up hundreds of times after being listed in exchanges.
Calling defis revolution now is not a big thing.
I mean these defi projects have been around for years. It is only that they are getting attention and recognition now especially after success of projects like uniswap, aave and synthetix. I think there is long way ahead for defis to prove themselves and in coming years we will see even more innovation, infrastructure, products and revenue models in this category.
I mean these defi projects have been around for years. It is only that they are getting attention and recognition now especially after success of projects like uniswap, aave and synthetix. I think there is long way ahead for defis to prove themselves and in coming years we will see even more innovation, infrastructure, products and revenue models in this category.
I agree with what has been said. It is certain that he will share the same fate as the ICOs.
Who knows as the hypes still on, but probably there's a big chance that it will ends up suffering the same thing.
Quote
Nevertheless, it would be best to make a profit by taking advantage of opportunities instead of waiting for it to turn our backs completely and collapse. During the ICO period, we made good money in this way.
If you understand things around crypto market, riding with the hypes and taking advantages of the situations will
bring good amount of money, just make sure to ride safe and be wiser take your chance the same thing with how you
deal with ico's hypes.
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Currently, my investments in many cryptocurrencies are above ICO prices.
You did it well then, just keep moving forward and be positive with what you are doing. More luck
At the moment, DeFi very much attracts investors in the cryptocurrency sphere, and it is now possible and even necessary to make money by investing in DeFi cryptocurrency projects, so there is no time to waste, but you need to act.
Many Defi projects have been successful and bring a lot of profits to investors, I recently saw the SUSHI project and it has helped the investors to have more than 20 times profit. But besides that, there are also many scam projects that cause many investors to lose money, the price is reduced hundreds of times in just one day. So always be careful because the more the profit, the greater the risk
I think Defi is not just a hype in cryptocurrency, it has real use case too.
In 2017, ICO hype was gaining many interested parties and causing cryptocurrency market bull running.
But unlike in 2017, i think with Defi platform, people now can using stable coins in crypto on defi platform without afraid to lose the coin value because the value of stable coins won't change.
In 2017, ICO hype was gaining many interested parties and causing cryptocurrency market bull running.
But unlike in 2017, i think with Defi platform, people now can using stable coins in crypto on defi platform without afraid to lose the coin value because the value of stable coins won't change.
Could anyone assist me how to buy UNIFI coins. And which of two is the better one?
I have checked the UNIFI coin and the coin is only available on the Uniswap (V2) exchange other than that it does not exist, because on the FatBTC exchange there is no volume at all, so you can only buy it on the Uniswap exchange (V2), for more details you can access the two links that I provide here:https://coinmarketcap.com/currencies/unifi/markets/
https://www.coingecko.com/en/coins/unifi#markets
Hello, thanks for reply. Are you sure we talk about same coin? I think first and second link has different coins and after all i am still not sure which is 'the one'?
I am trying to buy it on Uniswap but it says not enough funds on it and transaction failed. I try to reduce spent ETH's but not successfully....
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