The Pursuit Of DeFi
And we’re off! The race has just begun. What race am I talking about? The race for Web3 development, and it has just begun.13 years ago Satoshi Nakamoto thought of creating a digital currency and he named it “Bitcoin“, but the roots of the centralized financial system dominated the landscape. Later, with the overture of blockchain, the concept of DeFi (Decentralized Finance) was introduced into cryptocurrency. Before the blockchain evolution, we all lived in a Web2 world. Now that the blockchain is there, we have the third generation of the internet, i.e Web3.0, which is working on a peer-to-peer network. With this new form of technology, new ideas about how every aspect of the net would work emerged. Now, blockchain and web3.0 are interrelated and become an important part of everyday life.
Why did I join MassBit: The first impression?
The market is very competitive, and every business needs to be innovative if they want to survive. Even if there is decentralization, there are threats against a truly free market, where power is decentralized for the betterment of everyone.
The impression:
MassBit can be an effective aid to the existing projects as well as the new emerging projects. The four major products are: MassBit Route (MBR), Multi-chain Indexing, MassBit Prime, and MassBit insights.
It is the first fully decentralized service provider. The protocol is formulating the immunity solutions for DeFi projects. With the above-mentioned facts, MassBit proves to be the best assistance to blockchain projects enabling them to be faster, secure, scalable, stable, and more cost-effective. Additionally, the MassBit Verification Protocol acts as a vital tool to connect all the products, creating verification based on the proof of stake mechanism.
Why I joined MassBit:
I glimpsed at the dashboard and the whole UI looks so clean, which attracted me to explore it. Also, I found its products quite interesting. Now, Working on the power project in the blockchain tech company is going superb.
My Opinion and Support:
To make the project successful community contributions are important. The MassBit roadmap is optimistic. There are ongoing events like Community Quizzes, Meme Contests, etc. which I believe will interest you, with even more community-driven events coming soon.
As a web3 researcher, it’s a great place to start exploring the technology in the industry. It’s a great opportunity to work with such a revolutionary project. My experience has been wonderful. The team I’m working with is exceptionally hard working. They are a blend of humor, positivity, confidence, intellect, and stability. Let’s work together and change the world together.