Post
Topic
Board Altcoin Discussion
Re: How do new projects know about this situation some years ago?
by
foxy
on 05/08/2020, 07:52:21 UTC
We are in the DeFi projects session, right? I'm very curious to know how new projects realize that this is the time for DeFi projects. One legit project can build a coin in a few days. So many projects have focused on the DeFi system. My question is, are these projects legit or is it just a plan to grab the investors' money on this DeFi hype?

Some projects are legit whereas some are pure and simple money grab projects designed to take advantage of the DeFi trend. If you will notice DeFi projects are popping up every day and I am sure at least half those would turn out to be scam projects.