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NickB

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Inspired by @capiche 's sale (congratz by the way!) and @DomainBarracksRob idea for a showcase thread, I thought I would set one up.

Courtesy of Github:

What is Decentralized Finance?
Decentralized finance (#defi) is the movement that leverages open source software and decentralized networks to transform traditional financial products into trustless and transparent protocols that operate without unnecessary intermediaries. One could envision decentralized finance impacting the financial world the same way that open source software has changed software products.

https://github.com/ong/awesome-decentralized-finance

The below gives a nice breakdown on what it is all about

https://www.visualcapitalist.com/decentralized-finance

https://blockonomi.com/what-is-decentralized-finance-defi

I regged 2 today and will not be going on any mad reg spree.......

Defi Mortgages.com
Defi Securities.com

Please share your names, related news and your thoughts...............



 
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The views expressed on this page by users and staff are their own, not those of NamePros.
DeFiNews (com) - Purchased with a payment plan, great example of entering a field super late and using the tools available to acquire a great asset. It's deployed as a text/newsletter style news site, but it's very resource intensive.

Nice one. I've got DeFiWire for your buyer's top competitor. ;)
I sold InvestorWire last year to a news distribution service for penny stocks.
 
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I replied with £125k and buyer said "dream on".....lol

20210126_155645.jpg
 
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I replied with £125k and buyer said "dream on".....lol

Show attachment 180589

Haha good one.

"A sign for a storefront is $25k, $100k, $500k++

Plus maintenance and you can only see that sign from a few hundred feet away!!

You can see a Domain Name from OUTER SPACE!!!!" - Rick Schwartz
 
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Ethereum Rival Solana Wants to Corner Asian DeFi Market

Solana Foundation, which supports development on the Solana blockchain, is partnering with Coin98 Ventures to give grants to DeFi startups in Southeast Asia.

Over the next three years, the Coin98 Solana Ecosystem Fund will provide up to $100,000 in funding to early-stage startups with a footprint in Southeast Asia. Recipients will also get technical and marketing support from Coin98 Finance Labs and the Solana Foundation.

From the start, the fund is interested in all things DeFi—from markets and exchanges to dapps and tools.

https://decrypt.co/55403/ethereum-rival-solana-wants-to-corner-asian-defi-market?amp=1

 
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Did you sell this?

Saw in DN Journal - betdefi/////./////com $2,600


It's Developed into a Casino Now betdefi.com
They got a bargain on that one!
@MediaCode hodl tight on yours ;) at first glance I thought no way he sold his already, then I realized it was the reverse lol
 
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No one's really grasped yet just how significantly, DeFi is going to disrupt it all, gaming and esports and gambling. There so much cash and crypto going to this space, I can't even explain it in my head the way I see it unfolding ....but I get it....got it :) early enough

From Gambling.com (< Now that's a name lol ) GREAT READ! Don't miss it.

upload_2021-1-27_15-20-8.jpeg
upload_2021-1-27_15-20-8.pngGambling.com
BEPRO Network Q&A: Justin Wu on Recent Rebrand & More
For this Q&A interview, Gambling.com sat down with Justin Wu, ... the BEPRO token economy and why he thinks crypto and blockchain will play an ... Additionally, we have DeFi features for our crypto platforms that allow for ...
8 hours ago
 
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No one's really grasped yet just how significantly, DeFi is going to disrupt it all, gaming and esports and gambling. There so much cash and crypto going to this space, I can't even explain it in my head the way I see it unfolding ....but I get it....got it :) early enough

From Gambling.com (< Now that's a name lol ) GREAT READ! Don't miss it.

Show attachment 180720
Show attachment 180719Gambling.com
BEPRO Network Q&A: Justin Wu on Recent Rebrand & More
For this Q&A interview, Gambling.com sat down with Justin Wu, ... the BEPRO token economy and why he thinks crypto and blockchain will play an ... Additionally, we have DeFi features for our crypto platforms that allow for ...
8 hours ago

As much as I share your optimism
It’s not regulated and could cause great damage with people losing Billions, I can see it happening all over the world now, 100 X leverage, paying 40-100% returns – really??

This is the new crypto wild west and the regulators could just shut it down.

If Decent offers come in don’t get too attached.
 
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As much as I share your optimism
It’s not regulated and could cause great damage with people losing Billions, I can see it happening all over the world now, 100 X leverage, paying 40-100% returns – really??

This is the new crypto wild west and the regulators could just shut it down.

If Decent offers come in don’t get too attached.

Well spoken, key thing to remember....those "regulators"..aka gov, politicians, banks, and BigCorp.....all have one thing in common.......GREED

and when they see the chance to capitalize (they are beginning to) they just want to set up shop, get a piece of the pie...not shut it down.

Much like what google and FB did to bitcoin in 2017..stopped all ads, called it a scam
(UNTIL they could get their heads around it, build there own platform/Coin)

Then they opened the the doors right back up with loving arms!

It's all hear to stay...What will be the standing back bone infrastructure of it all....we can look back 10-20years and see what stuck and what did not.

you heed good advice non the less :)

Several of my names I'm in it for the "Thanos" of Endusers :) other average names are priced at low mid xxxx bin ( but not my gems)
 
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DeFi Today project, a newsletter – for the moment free of charge – dedicated to the theme of decentralized finance. Created by The Cryptonomist team together with Eidoo, DeFi Today is a weekly newsletter with in-depth analysis, interviews, news and technical analysis of the most popular projects in the DeFi sector.

Defiweekly is pretty nice too :)
 
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After looking online for some good plain English explanations of what DeFi is, I found this. (Hope you find it useful)

Very simply, the idea behind DeFi – “Decentralized Finance” is that we can automate routine financial transactions by standardizing how assets are described and allowing them to be re-used and integrated into different services. For example, many people would like to deposit assets and earn interest on those assets. On the public Ethereum blockchain, there is a standard way of describing an asset (referred to on chain as a token) – and that description is basically the same whether it is a US$ token, a Euro token, or a share of stock.

Once assets are tokenized, they can be treated like digital lego blocks – picked up and moved about and inserted into new business processes. You can do things like have a standard smart contract that pays interest on the value of an asset. You can write a smart contract on top of that which automatically looks for the best interest rates among different providers. From this simple concept, many typical financial processes are being re-built on public Ethereum. So there are deposits, loans, transfers and trades, to name the most popular ones. There are more sophisticated ones as well, like prediction markets, liquidity managers and more.

The reasonable question to ask when you understand this is – what’s the point? All these things already exist and they are becoming more digital and inter-operable over time with programs like OpenAPI banking that allow banks and financial services to connect to each other. The answer is that tokenized and programmable systems are vastly more flexible and potentially far more sophisticated in the long run. Using banking APIs to connect services works well for simpler things like consumer payments and billing services, but it is still a point-to-point process for integrating across silos, not an integrated system.

Right now, the DeFi market is simultaneously both extremely sophisticated and incredibly immature. The algorithms being used to automate financial transactions show the potential to transform the global financial system. These same smart contracts are also full of security holes and often lack even the most basic regulatory compliance tools. This is a typical pattern in emerging technologies which will change over time. Think about streaming music: it started out without any consideration to the rights of music owners, but it’s now primarily how we listen to music and also the biggest source of revenue for those holders.

These services will also start integrating over time with industrial operations as well. For example an agricultural supplier to food manufacturer, should be able to instantly borrow against a purchase order from the manufacturer in a real-time digital market. We foresee financial services being programmed into business transactions automatically over time.
 
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Registered 3 defi domains today, I usually go to the aftermarket but I liked these 3 and worth a punt imo -

Screenshot 2021-01-28 at 16.40.47.png
 
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Purchased ExplainDeFi (com) thanks for the inspiration on this thread!
 
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