i think yes there's a lot of scam projects in defi but still - it's more transparent and interesting concept than ico and ieo, and if we are talking about dex projects with volumes, defi token inside will have a good value in future
ICO, IEO and DEFI are having interesting concept consider these are giving the automation for the decentralized finance.
How can you say defi is very transparent compared with IEO or ICO? i have ever seen ICO and IEO published the financial report while there's no defi that was doing this thing in the past.
DEFI less transparent compared with IEO and ICO.
That is nice observation. For ICO or IEO projects, a lot of projects are disclosing how much they raised.
But with DeFi, I haven't really seen one disclosing how much they got.
Maybe, they thought it is decentralized, they can always look at their contract.
But are they sending their assets to that address or maybe a different one.
And with regards to their real value, I don't think they have.
Most of them are just pure talk, no working platform. Just manipulation in the market.