1. DeFi options will explode in popularity when volatility returns As we saw with Robinhood’s revenue in 2021, there is huge potential for revenue in the options trading space. Robinhood earned $363M net revenue from fees in 2021 ($52M equities, $48M crypto, and impressive $163M options), However, for DeFi options to become mainstream, the user experience needs to improve and…

In 2018, EOS raised $4.2 billion USD in its initial coin offering (ICO) — the largest token sale ever! The company promised to build a more scalable and efficient blockchain than Ethereum. However, four years later, EOS is far away from Killing Ethereum. EOS is a failure (as it stands today) The total value locked (TVL) on EOS…

November 2022 was a tough month for crypto fundraising, with the total amount raised dropping 84% year-over-year, according to data from Wu Blockchain. In fact, this November of 2022 was the worst month for crypto fundraising in two years. Year-over-Year Drop in Financing

The collapse of FTX proved the importance of self-custody and risk management. But it’s so easy to lose money in DeFi if you are not careful with many exploits, rug pulls, contract bugs around. In this blog I’d like to share how to evaluate safety of DeFi protocols to protect…

FTX CEO announced the Second Great Stablecoin War on October 23. Two weeks later he is out of the game. Sam Bankman-Fried told during an interview that the FTX stablecoin was ‘not-too-distant future,’ in order to compete with Binance’s BUSD. Although FTX collapse is the biggest shock crypto has experienced…

Last week I asked on Twitter to ‘name DeFi protocol that wouldn’t work without a token.’ What would be your answer? Community answers are eye-opening. Ranging from ‘all of them’ to ‘could prove there is none.’ So, is there any? And why do DeFi protocols issue a token then? Token as a fundraising tool. Obviously. …

DeFi protocols are notoriously difficult to use. Just try to onboard your mom to Metamask to really understand. Seed phrases, public addresses, private key and all other jiberish that normal people don’t understand. To reach DeFi mass adoption we need to do better. But… how? Dharma app had a good shot at…

October 7th, 2022. Almost a year since Bitcoin and Ether started falling down from the all time high price points. And much longer for DeFi bear market. So what’s the current state of DeFi? Here are 15 metrics to understand. 1. Total Value Locked $55.6B is locked in DeFi smart contracts at the time…

Introduced in a whitepaper “Decentralized Society: Finding Web3’s Soul” just a few months ago by Vitalik Buterin, E. Glen Weyl and Puja Ohlhaver they’re already here! Here’s how soulbound token works and a few projects implementing them. Soulbound tokens (SBT) represent a person’s identity on-chain. SBTs are like NFTs, but…