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While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters, Bitcoinica eventually went bust after a series […]Powered by WPeMatico
On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that don’t want to sell their NFTs. Nexo to Offer Loans for Bored […]Powered by WPeMatico
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I had the opportunity to sit down with blockchain expert and entrepreneur Justin Wu, who is the Head of Growth and brilliant mind behind CoinCircle. Wu is also a strategic advisor to some of the industry’s top ICOs, and explained the importance of putting together an advisory board and utilizing these advisors when entering the crypto space. If there’s one thing you need to know, it’s that most of these ventures are based on a promise to deliver. “A whitepaper, in its most form, is a concept and idea, nothing more,” says Wu. Most of these guys haven’t built the utilityPowered by WPeMatico