Post
Topic
Board Altcoin Discussion
Re: DeFi - the niche within a niche and incredibly small community
by
malekbaba
on 08/08/2020, 10:35:24 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?

I do not think that will be a problem i still remember Basic attention Token and their ico that was sold within seconds to a handful of investors but see today the project and its token is a success so number of holders do not matter actually it is the number of users of the platform or service that matters.


Holders are important. What if team holds largest bag and dump it on investors and run away?
Defi is the actual concept of crypto. My money, my wish. We only have decentralization for money issuing and security cause we used centralized exchanges for trading. Now we have dex and now we have full control over our property. Defi, the trustless financial ecosystem is the ultimate necessity of current world