Hey Nimbus Community👋
💎DeFi expansion pushes the USDC stablecoin ahead of USDT! It is forecasted that soon enough the market share of the latter could fall below 50% for the first time in history. No surprise Circle, a global financial technology firm that provides payments and financial infrastructure for internet businesses, recently launch USDC on 10 more blockchains.
👌In the meantime, the owner of the Russian newspaper Novaya Gazeta and the British Evening Standard and The Independent, billionaire Alexander Lebedev, called blockchain and DeFi revolutionary technologies. He claims that no one will be able to steal a client’s money, because the DeFi system protects them from greedy bankers.
🔥Finally, which countries do you think present the most opportunity for people to start trading and investing, and show the most interest in crypto? Find it out here!
🖖Have a great weekend ahead and stay safe!!!
💎DeFi expansion pushes the USDC stablecoin ahead of USDT! It is forecasted that soon enough the market share of the latter could fall below 50% for the first time in history. No surprise Circle, a global financial technology firm that provides payments and financial infrastructure for internet businesses, recently launch USDC on 10 more blockchains.
👌In the meantime, the owner of the Russian newspaper Novaya Gazeta and the British Evening Standard and The Independent, billionaire Alexander Lebedev, called blockchain and DeFi revolutionary technologies. He claims that no one will be able to steal a client’s money, because the DeFi system protects them from greedy bankers.
🔥Finally, which countries do you think present the most opportunity for people to start trading and investing, and show the most interest in crypto? Find it out here!
🖖Have a great weekend ahead and stay safe!!!
Hey Nimbus Community👋
The Nimbus Wrap Machine is now accessible online!🥳 We’re fine-tuning a few very last things and soon you’ll have access to the final version.
Now you can easily exchange ERC-20 NBU and GNBU into BEP-20 NBU and GNBU via the Nimbus Wrap Machine.
You can check it out directly👉 Here
Don’t remember the benefits it brings for you? Read more about it👉 Here
Remember, the Exchange in the Wrap Machine occurs between the units of tokens without taking into account the token rates on exchanges. So, for instance, if you insert 10 NBU (ERC -20) tokens into the wrap machine, you will receive 10 NBU (BEP-20) tokens in return. This is true even if there is a difference in market value between the two token standards!
P.S. We’re still tweaking a couple things so for all those of you who attempted to use the Wrap Machine within the past few hours, please rest assured that your BEP-20 tokens will appear in your respective wallets once we reload the system!
Stay tuned😎
The Nimbus Wrap Machine is now accessible online!🥳 We’re fine-tuning a few very last things and soon you’ll have access to the final version.
Now you can easily exchange ERC-20 NBU and GNBU into BEP-20 NBU and GNBU via the Nimbus Wrap Machine.
You can check it out directly👉 Here
Don’t remember the benefits it brings for you? Read more about it👉 Here
Remember, the Exchange in the Wrap Machine occurs between the units of tokens without taking into account the token rates on exchanges. So, for instance, if you insert 10 NBU (ERC -20) tokens into the wrap machine, you will receive 10 NBU (BEP-20) tokens in return. This is true even if there is a difference in market value between the two token standards!
P.S. We’re still tweaking a couple things so for all those of you who attempted to use the Wrap Machine within the past few hours, please rest assured that your BEP-20 tokens will appear in your respective wallets once we reload the system!
Stay tuned😎
Hey Nimbus Community👋
Guess what! We have the Champions for the BSC Swap Contest!🏆🥳
Since we respect your privacy, we will not announce the exact wallets. Instead, we indicate the cumulative swap volumes of the winners in this table
It is indeed a celebration for our winners — as the highest reward this time reached as much as ~47 515 NBUs!🤩 Not bad, eh? 😎 The rewards will reach winners’ wallets today.
And for all our members who were unable to participate, don't worry! You still have plenty more opportunities to benefit from, for example:
💎 Staking rewards up to 80% APY 👉https://link.nimbusplatform.io/tnz
💎 Liquidity providing and LP token staking at 100% APY 👉https://link.nimbusplatform.io/k28
Guess what! We have the Champions for the BSC Swap Contest!🏆🥳
Since we respect your privacy, we will not announce the exact wallets. Instead, we indicate the cumulative swap volumes of the winners in this table
It is indeed a celebration for our winners — as the highest reward this time reached as much as ~47 515 NBUs!🤩 Not bad, eh? 😎 The rewards will reach winners’ wallets today.
And for all our members who were unable to participate, don't worry! You still have plenty more opportunities to benefit from, for example:
💎 Staking rewards up to 80% APY 👉https://link.nimbusplatform.io/tnz
💎 Liquidity providing and LP token staking at 100% APY 👉https://link.nimbusplatform.io/k28
❗️⚙️Wrap Machine update:
We know some of you are waiting the tokens that you inserted into the Wrap Machine. The final fine-tuning is still in process but as soon as we're through, you will see all your ERC-20 and BEP-20 tokens in your wallet within the Ethereum and BSC network accordingly.
Not sure how to see the tokens of different standards in your MetaMask? Check out the guide here
We know some of you are waiting the tokens that you inserted into the Wrap Machine. The final fine-tuning is still in process but as soon as we're through, you will see all your ERC-20 and BEP-20 tokens in your wallet within the Ethereum and BSC network accordingly.
Not sure how to see the tokens of different standards in your MetaMask? Check out the guide here
⚡️2 important updates coming!
1️⃣P2P Exchange & Lending-Borrowing dApp will be launched in a reverse order
2️⃣We know how tiring it is to wait — from now on, we’ll change our approach to launch date announcement!
Find out more here👇
https://nimbusplatform.medium.com/reverse-launch-order-and-new-approach-to-announcements-59b1ad26794b
1️⃣P2P Exchange & Lending-Borrowing dApp will be launched in a reverse order
2️⃣We know how tiring it is to wait — from now on, we’ll change our approach to launch date announcement!
Find out more here👇
https://nimbusplatform.medium.com/reverse-launch-order-and-new-approach-to-announcements-59b1ad26794b
Hey Nimbus Community👋
Would you like to have a little bit more time⏱ to make your NBU and GNBU tokens work for you?
If yes, then we are excited to announce that the Staking Rewards Program is extended until July 27🔥
Remember: for the hard staking, the increased rewards apply for the entire minimum staking period!
This means that even if you put NBU in the 180-day Hard Staking on, for example, July 25 — you’ll still be receiving the increased rewards of 80% APY during the entire minimum staking period. In other words, throughout all of these 180 days — even after the reward levels will go back to normal.
So, don’t miss out!🚀
🔹 Wondering how to get started?
See the Staking Guide at the top in the "Staking" section of the Nimbus Platform or 👉 Here!
🔹 Or simply start staking here — it’s very simple! 👉 https://link.nimbusplatform.io/12485f
Would you like to have a little bit more time⏱ to make your NBU and GNBU tokens work for you?
If yes, then we are excited to announce that the Staking Rewards Program is extended until July 27🔥
Remember: for the hard staking, the increased rewards apply for the entire minimum staking period!
This means that even if you put NBU in the 180-day Hard Staking on, for example, July 25 — you’ll still be receiving the increased rewards of 80% APY during the entire minimum staking period. In other words, throughout all of these 180 days — even after the reward levels will go back to normal.
So, don’t miss out!🚀
🔹 Wondering how to get started?
See the Staking Guide at the top in the "Staking" section of the Nimbus Platform or 👉 Here!
🔹 Or simply start staking here — it’s very simple! 👉 https://link.nimbusplatform.io/12485f
Hey Nimbus Community👋
We recently announced the layout for the official launches of future functionalities. Now we’ll be announcing two key milestones: initial code readiness and the deployment of the functionality on the Mainnet.
But that’s not all! We have one more idea on how to keep you in the loop regarding all our developments. We need your feedback!📝
Would you like to see the demo versions of the future functionalities before they are launched on the Mainnet?🤔
Vote “Yes” if you like the idea or “No” if you think it’s unimportant
Depending on the community’s decision, we will do our best to open demo access to new solutions or arrange demo sessions for you — even when the functionality is still a bit raw. This way, you’ll stay in loop with the development process and see how Nimbus evolves!
We recently announced the layout for the official launches of future functionalities. Now we’ll be announcing two key milestones: initial code readiness and the deployment of the functionality on the Mainnet.
But that’s not all! We have one more idea on how to keep you in the loop regarding all our developments. We need your feedback!📝
Would you like to see the demo versions of the future functionalities before they are launched on the Mainnet?🤔
Vote “Yes” if you like the idea or “No” if you think it’s unimportant
Depending on the community’s decision, we will do our best to open demo access to new solutions or arrange demo sessions for you — even when the functionality is still a bit raw. This way, you’ll stay in loop with the development process and see how Nimbus evolves!
Would you like to see the demo version of the future functionalities?
Anonymous Poll
87%
Yes🔥
13%
No🤔
✌🏻Hey Nimbus Community!
👊This week was relatively calm for the crypto industry, even though many important events took place. For instance, UFC, the world’s premier mixed martial arts organization, and Crypto.com announced a historic partnership. Potentially, this could bring higher visibility not only to the company but to the entire crypto industry.
💙 In Argentina, meanwhile, a member of the national congress submitted a bill to allow workers to receive a salary in bitcoin. The idea is that it could allow people to strengthen their autonomy and conserve the purchasing power of their salary. Argentines have been dealing with insane amounts of hyperinflation in the Argentine peso.
🥇Last but not least, Wyoming legally recognized America's first DAO. Long story short, mass adoption is coming to truly decentralized digital currencies. By the way, last year, Wyoming issued a state charter for crypto banks and has already licensed two: Kraken and Avanti.
Let us know how crypto-friendly is your country!
👊This week was relatively calm for the crypto industry, even though many important events took place. For instance, UFC, the world’s premier mixed martial arts organization, and Crypto.com announced a historic partnership. Potentially, this could bring higher visibility not only to the company but to the entire crypto industry.
💙 In Argentina, meanwhile, a member of the national congress submitted a bill to allow workers to receive a salary in bitcoin. The idea is that it could allow people to strengthen their autonomy and conserve the purchasing power of their salary. Argentines have been dealing with insane amounts of hyperinflation in the Argentine peso.
🥇Last but not least, Wyoming legally recognized America's first DAO. Long story short, mass adoption is coming to truly decentralized digital currencies. By the way, last year, Wyoming issued a state charter for crypto banks and has already licensed two: Kraken and Avanti.
Let us know how crypto-friendly is your country!
Hey Nimbus Community👋
We know all our Bug Hunters have been waiting for this moment!😎
Remember the post that was released explaining the mechanics of the Bug Bounty Program? If not, let's refresh our memories 👉Here
There were 18 applications overall for the Nimbus Bug Bounty Program. According to the CVSS scoring system used to evaluate all participants, two of our Bug Hunters have reached the optimal levels required.
Both these Bug Hunters have been able to identify the "Low Threat level" vulnerabilities on the Nimbus Platform.
This is a direct indicator of the strong security and safety levels of smart contracts. With a three-tier audit and constant internal testing on behalf of our devs, we are confident in the Nimbus Platform.
The Two winning Bug Hunters will receive their share of rewards from a total reward fund!
And to all our Hunters who participated, we appreciate your competitiveness! All participants will receive results via email shortly.
Nimbus is currently in a rapid development process — hence, there will be many more phases of the Bug Bounty Program.
So, stay tuned for even more opportunities and we thank you for your efforts in joining the Nimbus team to keep the platform safe and secure!
We know all our Bug Hunters have been waiting for this moment!😎
Remember the post that was released explaining the mechanics of the Bug Bounty Program? If not, let's refresh our memories 👉Here
There were 18 applications overall for the Nimbus Bug Bounty Program. According to the CVSS scoring system used to evaluate all participants, two of our Bug Hunters have reached the optimal levels required.
Both these Bug Hunters have been able to identify the "Low Threat level" vulnerabilities on the Nimbus Platform.
This is a direct indicator of the strong security and safety levels of smart contracts. With a three-tier audit and constant internal testing on behalf of our devs, we are confident in the Nimbus Platform.
The Two winning Bug Hunters will receive their share of rewards from a total reward fund!
And to all our Hunters who participated, we appreciate your competitiveness! All participants will receive results via email shortly.
Nimbus is currently in a rapid development process — hence, there will be many more phases of the Bug Bounty Program.
So, stay tuned for even more opportunities and we thank you for your efforts in joining the Nimbus team to keep the platform safe and secure!
Hey Nimbus Community👋
Are you ready to exchange any ERC-20 & BEP-20 tokens at your own conditions and with full anonymity? That's one of the many incredible benefits of the Nimbus P2P Exchange that is soon to be launched! 😎
Don't remember? Read our blog post 👉Here!
While you wait for the launch — gear up to win from a reward fund of 3,000 NBUs!🤩
Follow the Twitter link to know more about the conditions of the contest👇
https://twitter.com/nmbplatform/status/1414674406064939014
Are you ready to exchange any ERC-20 & BEP-20 tokens at your own conditions and with full anonymity? That's one of the many incredible benefits of the Nimbus P2P Exchange that is soon to be launched! 😎
Don't remember? Read our blog post 👉Here!
While you wait for the launch — gear up to win from a reward fund of 3,000 NBUs!🤩
Follow the Twitter link to know more about the conditions of the contest👇
https://twitter.com/nmbplatform/status/1414674406064939014
The P2P Exchange is officially LIVE!🎊🥳
Now you can:
✅ Exchange on your own conditions: pick any ERC-20 & BEP-20 token, set any price and any volume
✅ Forget about price slippage due to lack of liquidity
✅ Enjoy the highest security standards and full control — your tokens are sent directly to the smart contracts on-chain without any third-party intervention. The Nimbus smart contracts with top audit score act as your escrow.
It is an exciting event, as we have reached not one but 2 milestones:
💎This launch concludes the Nimbus Exchange product line. With a DEX and P2P Exchange any user will be able to exchange tokens with maximum convenience and efficiency!
Check it out 👉 Here
Now you can:
✅ Exchange on your own conditions: pick any ERC-20 & BEP-20 token, set any price and any volume
✅ Forget about price slippage due to lack of liquidity
✅ Enjoy the highest security standards and full control — your tokens are sent directly to the smart contracts on-chain without any third-party intervention. The Nimbus smart contracts with top audit score act as your escrow.
It is an exciting event, as we have reached not one but 2 milestones:
💎This launch concludes the Nimbus Exchange product line. With a DEX and P2P Exchange any user will be able to exchange tokens with maximum convenience and efficiency!
Check it out 👉 Here
Last week we asked you if you'd like to test out the demo versions of upcoming functionalities.
87% of you folks voted for it! ☑️
You want it — you got it😎
Check out the Lending-Borrowing dApp demo 👉 Here!
But remember, this is still a raw version that requires testing and UX/UI improvement!
That’s why it’d be great if you share your feedback about the bugs and errors you encounter with us: 📲 product@nimbusplatform.io
In order to test out the dApp demo, you need 2 things:
1️⃣ Switch to the testnet — “Ropsten” for Ethereum and “Smart Chain Testnet” for BSC.
2️⃣ Get some test tokens:
Here’s how you can receive them on BSC:
Go to the BSC testnet website — Here
Insert your MetaMask wallet address
Now, according to the network rules, you can take out BNB test tokens once a day
Come to the Demo version of Nimbus Swap and change your BNB test tokens to NBU test tokens.
In order to test out the dApp demo on Ethereum network, simply do the same. The Ethereum testnet website is here
Happy Testing!😎
87% of you folks voted for it! ☑️
You want it — you got it😎
Check out the Lending-Borrowing dApp demo 👉 Here!
But remember, this is still a raw version that requires testing and UX/UI improvement!
That’s why it’d be great if you share your feedback about the bugs and errors you encounter with us: 📲 product@nimbusplatform.io
In order to test out the dApp demo, you need 2 things:
1️⃣ Switch to the testnet — “Ropsten” for Ethereum and “Smart Chain Testnet” for BSC.
2️⃣ Get some test tokens:
Here’s how you can receive them on BSC:
Go to the BSC testnet website — Here
Insert your MetaMask wallet address
Now, according to the network rules, you can take out BNB test tokens once a day
Come to the Demo version of Nimbus Swap and change your BNB test tokens to NBU test tokens.
In order to test out the dApp demo on Ethereum network, simply do the same. The Ethereum testnet website is here
Happy Testing!😎
✋Hey Nimbus Community,
😎 Have you ever imagined yourself watching a movie about crypto in the cinema? Sounds like Daft Punk, doesn´t it? Well, the future is almost here - a documentary film team is working on the first feature-length documentary about Ethereum. By the way, you could also participate by donating some coins to the Ethereum Foundation. Maybe we should also make one about the DeFi industry? Let us know what you think!
👌 In the meantime, Australian authorities are considering the creation of an entirely new type of legal entity under the Corporations Act: a limited liability “DAO”. It might make Australia an attractive place for digital asset businesses to be based, as groups of local DeFi entrepreneurs shift offshore to jurisdictions including Singapore and Germany.
🏋️♂️ In Asia, on the other hand, Thailand’s Siam Commercial Bank shared its plans to invest in DeFi to prepare for an era of disintermediation. No doubt, soon we will see more news like this! Maybe Goldman Sachs will be next?
😎 Have you ever imagined yourself watching a movie about crypto in the cinema? Sounds like Daft Punk, doesn´t it? Well, the future is almost here - a documentary film team is working on the first feature-length documentary about Ethereum. By the way, you could also participate by donating some coins to the Ethereum Foundation. Maybe we should also make one about the DeFi industry? Let us know what you think!
👌 In the meantime, Australian authorities are considering the creation of an entirely new type of legal entity under the Corporations Act: a limited liability “DAO”. It might make Australia an attractive place for digital asset businesses to be based, as groups of local DeFi entrepreneurs shift offshore to jurisdictions including Singapore and Germany.
🏋️♂️ In Asia, on the other hand, Thailand’s Siam Commercial Bank shared its plans to invest in DeFi to prepare for an era of disintermediation. No doubt, soon we will see more news like this! Maybe Goldman Sachs will be next?
Hey Nimbus Community👋
As you may have already noticed, the GNBU (ERC-20) token has officially been listed on CoinMarketCap, the world's most referenced crypto tracking website!🥳🎉
Make sure to add the GNBU token to your Watchlist by clicking the ⭐️ button right next to the ticker!
Check it out 👉 Here!
It has also been listed on CoinTracker, a software where over 450,000 users track their crypto portfolio and calculate taxes.
Check it out 👉 Here!
Now you have plenty of ways to keep track of the GNBU (ERC-20) token while reaping the benefits of exposure!📈
P.S. The NBU & GNBU (BEP-20) tokens listing are also on the way!
As you may have already noticed, the GNBU (ERC-20) token has officially been listed on CoinMarketCap, the world's most referenced crypto tracking website!🥳🎉
Make sure to add the GNBU token to your Watchlist by clicking the ⭐️ button right next to the ticker!
Check it out 👉 Here!
It has also been listed on CoinTracker, a software where over 450,000 users track their crypto portfolio and calculate taxes.
Check it out 👉 Here!
Now you have plenty of ways to keep track of the GNBU (ERC-20) token while reaping the benefits of exposure!📈
P.S. The NBU & GNBU (BEP-20) tokens listing are also on the way!
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Hey Nimbus Community👋
The P2P Exchange Twitter Contest has concluded!
As promised, it's time for the lucky winners🏆who will be receiving a share from a reward fund of 3,000 NBUs! Check winners list in the image above👆
Congratulation!🥳 The airdrops will be sent to your wallets shortly!
And for the rest of you who participated, we thank you for your participation🙏
The P2P Exchange Twitter Contest has concluded!
As promised, it's time for the lucky winners🏆who will be receiving a share from a reward fund of 3,000 NBUs! Check winners list in the image above👆
Congratulation!🥳 The airdrops will be sent to your wallets shortly!
And for the rest of you who participated, we thank you for your participation🙏
⚙️The Platform is currently under maintenance but it will be functional soon. Thank you for your patience
Hey Nimbus Community👋
The Referral Program conditions have been updated — and a new Referral guide is out!😎
The guide will explain you how to start receiving 3 types of rewards:
1️⃣10% reward from all NBUs acquired by your friends on level 1;
2️⃣ Up to 0,15% from all swaps made by your friends;
3️⃣ And up to 60% APY on the Staking of the NBUs acquired via the Program.
Check it out 👉here!
Why we updated the Referral Program conditions?
After gathering the community’s feedback, we realized we need to make the Program more user-friendly and accessible for users worldwide!🌍
Now, it should be doing an even better job in incentivizing the Platform usage and promoting prosperity for the community. We hope you like the updates and find the guide useful
Now go ahead and invite your friends — you can get started 👉here!
The Referral Program conditions have been updated — and a new Referral guide is out!😎
The guide will explain you how to start receiving 3 types of rewards:
1️⃣10% reward from all NBUs acquired by your friends on level 1;
2️⃣ Up to 0,15% from all swaps made by your friends;
3️⃣ And up to 60% APY on the Staking of the NBUs acquired via the Program.
Check it out 👉here!
Why we updated the Referral Program conditions?
After gathering the community’s feedback, we realized we need to make the Program more user-friendly and accessible for users worldwide!🌍
Now, it should be doing an even better job in incentivizing the Platform usage and promoting prosperity for the community. We hope you like the updates and find the guide useful
Now go ahead and invite your friends — you can get started 👉here!
The GNBU (ERC-20) token is now officially listed on Zerion!🚀✨
Check it out👉 Here!
Zerion is an award-winning crypto investment platform used by over 200K investors from over 150 countries! According to Zerion's website, their users have made transactions worth +$600 million so far, while their application processes $5 million worth of overall transactions every day.
Over the past couple of months, we have achieved several milestones, including launching Nimbus on BSC, deploying the Wrap Machine, releasing the P2P Exchange, and some back-to-back listings. Quite productive, eh!
But this is just the beginning! With the launch of the Lending-Borrowing dApp on the horizon, many more opportunities await you!😎
GNBU and NBU (BEP-20) listings are on the way, too!
Check it out👉 Here!
Zerion is an award-winning crypto investment platform used by over 200K investors from over 150 countries! According to Zerion's website, their users have made transactions worth +$600 million so far, while their application processes $5 million worth of overall transactions every day.
Over the past couple of months, we have achieved several milestones, including launching Nimbus on BSC, deploying the Wrap Machine, releasing the P2P Exchange, and some back-to-back listings. Quite productive, eh!
But this is just the beginning! With the launch of the Lending-Borrowing dApp on the horizon, many more opportunities await you!😎
GNBU and NBU (BEP-20) listings are on the way, too!
🔐 Hey folks, wondering what Nimbus audit results are? Then we have good news for you: Hacken has just published an article about collaboration with Nimbus!🚀
Learn more in Hacken’s official publication 👉 Here!
You can find the audit report on our website
Nimbus’s Security mechanism is 3X reinforced:
✅ With Hacken as our main security auditor
✅ Constant internal testing and external auditors
✅ Launching security boosting bug bounty program with our community
We are confident in the high security standards of the Nimbus Platform and in ensuring the prosperity of our community!
📲 In the meantime, have you tried the demo version of the Lending-Borrowing dApp yet? If not, follow this post for more details on how to do that 👉 Here!
Your feedback really helps us ensure the best user experience for our future functionalities.
So please, do share all your comments here👇
Nimbus Telegram chat admin: @Viktor_Nimbus_Support
Nimbus email: product@nimbusplatform.io
Stay tuned for more updates!
Learn more in Hacken’s official publication 👉 Here!
You can find the audit report on our website
Nimbus’s Security mechanism is 3X reinforced:
✅ With Hacken as our main security auditor
✅ Constant internal testing and external auditors
✅ Launching security boosting bug bounty program with our community
We are confident in the high security standards of the Nimbus Platform and in ensuring the prosperity of our community!
📲 In the meantime, have you tried the demo version of the Lending-Borrowing dApp yet? If not, follow this post for more details on how to do that 👉 Here!
Your feedback really helps us ensure the best user experience for our future functionalities.
So please, do share all your comments here👇
Nimbus Telegram chat admin: @Viktor_Nimbus_Support
Nimbus email: product@nimbusplatform.io
Stay tuned for more updates!
Hey Nimbus community✋
👽No matter what no matter when crypto will emerge again — that should be the new slogan of Tesla after Elon Musk again said that the company is most likely to resume accepting bitcoin as a form of payment once the mining rate for the cryptocurrency reaches 50% renewables.
🍏In the meantime, one of the "fathers" of Ethereum blockchain urged the crypto community to innovate beyond the confines of decentralized finance. To be more precise, he outlined several non-financial applications for Ethereum, including decentralized social media, identity verification and attestation, and retroactive public goods funding.
🧠 Jamie Burke, the UK-based CEO of Outlier Ventures, on the other hand, said that DeFi will eventually mature and be co-opted back into mainstream finance. “I think of DeFi as a sandbox: I’ve got a concept. I can test, validate that concept. I can understand the economics of it in this permissionless sandbox that is DeFi.”
👽No matter what no matter when crypto will emerge again — that should be the new slogan of Tesla after Elon Musk again said that the company is most likely to resume accepting bitcoin as a form of payment once the mining rate for the cryptocurrency reaches 50% renewables.
🍏In the meantime, one of the "fathers" of Ethereum blockchain urged the crypto community to innovate beyond the confines of decentralized finance. To be more precise, he outlined several non-financial applications for Ethereum, including decentralized social media, identity verification and attestation, and retroactive public goods funding.
🧠 Jamie Burke, the UK-based CEO of Outlier Ventures, on the other hand, said that DeFi will eventually mature and be co-opted back into mainstream finance. “I think of DeFi as a sandbox: I’ve got a concept. I can test, validate that concept. I can understand the economics of it in this permissionless sandbox that is DeFi.”
