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?
Nope they dont realize it. But they are just riding with the hype. You can noticed how new projects and even old one changes their concept for a sudden. Coti, origin protocol, and many more have become a defi due to the market trend. Even some far related concept have incorporate defi. Best example is verasity that totally change their platform model. Sounds crazy but thats how business marketing and strategy to increase liquidity.