Ninjastic
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Board Altcoin Discussion
Re: How do new projects know about this situation some years ago?
by
WalkerIVIV
on 11/08/2020, 02:47:15 UTC
Quote from: Anish02 on August 10, 2020, 01:28:22 PM
Quote from: Kopetunto on August 09, 2020, 04:08:22 PM
Quote from: flagpara on August 04, 2020, 05:14:52 PM
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?
This is the same as last year when ICOs became Hype, many successful ICOs and also many ICOs scam investors,
of course this makes us careful, and just like now DEFI projects have been successful, and maybe there will be many scammers coming.
Yes, exactly the hype has been coming from Defi projects at the moment had been the same last year and it happened because of the ICO's. Unfortunately due to such hype, many scammers would take advantage of this situation by coming with the Defi concept to make people fool easily because of the current Defi hype.
This is much more difficult than create fake ico. DEFI is about the usefulness of the product and i think everyone aware about this right now. The investors will have needed to see what usefulness of defi that has already offered.