The blockchain big bang brought forth a revolution in the ideological perception of ‘Decentralization’ powered through cryptocurrencies. NFTs became dime a dozen, Web 3.0 manifested, and the use case genie got out of the bottle. The metaverses began expanding and our collective resources started revolving around DAOs’ orbits.
Cart pullers began earning tokens playing video games all day and homeowners started trading hedge fund strategies in crypto exchanges to put down digital downpayments for real houses. ‘Transparent’, ‘trust less’, and ‘permission less’ systems of Web 3.0, solved the time old inefficiency of “why would I trust you?” with immutable action triggers etched in noble code. It became open to all and controlled by none.
A new era has begun and we are well versed in its lingo. Let’s talk DeFi?