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Altcoin Discussion
Topic OP
DeFi - the niche within a niche and incredibly small community
by
DoubleEdgeEX
on
08/08/2020, 07:41:52 UTC
Most DeFi tokens are concentrated in hands of Top 500 Holders!
https://cointelegraph.com/news/analysis-most-defi-tokens-are-concentrated-in-hands-of-top-500-holders
If that is true, DeFi is like a sandbox game, with a very limited amount of players actually playing. Observing this from outside the crypto bubble it´s concerning that DeFi, while a good idea and worth investing, has such a small holders community.
Could that be a problem in the long run?