RE: How To Identify A Good Crypto Project

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RE: How To Identify A Good Crypto Project

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whyaskwhy (60)in Project HOPE • 5 years ago

Thanks @syedumair for the expose of potential scams by their characters!

It will surely deter scams if the nuggets are complied to!

But the concept of DeFi seems not known to me ! Would you elucidate ??

Thanks!!

5 years ago in Project HOPE by whyaskwhy (60)

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syedumair (72) 5 years ago

DeFi simply means decentralized finance. You might be aware about traditional finance, DeFi is different from that in a sense that there is no third part involved here and you don't have to go through the hassle of filling up those lengthy forms. You don't even need KYC in DeFi.
You can google DeFi for more info.

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whyaskwhy (60) 5 years ago

Thanks! You are explicit enough!!

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