{"id":506,"date":"2022-11-18T12:35:56","date_gmt":"2022-11-18T12:35:56","guid":{"rendered":"http:\/\/78.47.81.216\/?p=506"},"modified":"2022-12-19T09:37:44","modified_gmt":"2022-12-19T09:37:44","slug":"case-study-is-defi-the-new-fi","status":"publish","type":"post","link":"https:\/\/blog.ag.qubiq.cc\/?p=506","title":{"rendered":"Case study: Is DeFi the new Fi?"},"content":{"rendered":"\n
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An independent financial ecosystem offering equal opportunities, open for everyone, made by users for users, may sound as a utopia. But it\u2019s a reality, which has already come to transform the world and people\u2019s understanding of finance. Let\u2019s examine a case study of DeFi, the industry that is going against the traditional financial system step by step.<\/p>\n\n\n\n

What is DeFi?<\/strong><\/p>\n\n\n\n

Decentralized finance, or DeFi, refers to the part of the crypto universe that aims to build a new, internet-native financial system. It utilizes blockchain and other web3 technologies to replace traditional intermediaries and deploy innovative trust mechanisms.<\/p>\n\n\n\n

Each DeFi ecosystem consists of cryptocurrency, software and hardware to develop decentralized applications. The infrastructure for DeFi, as well as its regulation are constantly evolving.<\/p>\n\n\n\n

How DeFi emerged<\/strong><\/p>\n\n\n\n

It\u2019s believed that the term DeFi was invented in 2018 by Ethereum developers during a chat. However, some agree that it all began in 2009, with the introduction of Bitcoin, which was the first blockchain-based peer-to-peer currency in the world.<\/p>\n\n\n\n

Today\u2019s DeFi took off after 2017, when people began to understand the true blockchain\u2019s potential for the global economy. Developers wanted to enable cryptocurrency owners to do more with their money than just transferring it between accounts.<\/p>\n\n\n\n

It was the period when crypto lending, hedging, arbitrage, staking and other operations appeared. Pioneers who created the first lending protocols were MakerDAO and Compound Finance. Now their ideas are being deployed and improved by many other industry players.<\/p>\n\n\n\n

Conquering new users<\/strong><\/p>\n\n\n\n

As of today, approximately 4,8 million active wallets are into DeFi, which is twice as much compared to 2021, and the number of users is constantly increasing. However, DeFi is still not as widespread as traditional finance: as of 2022, three-quarters of all people on the Earth have accounts in traditional banks.<\/p>\n\n\n\n

The main constraints are skepticism about crypto, lack of awareness and poor internet connectivity in some areas. At the same time, more and more crypto firms, such as 3air, see their goals to help users from underserved regions enter the digital economy.<\/p>\n\n\n\n

Why do people choose DeFi?<\/strong><\/p>\n\n\n\n

The traditional centralized financial system, the main elements of which are banks and governments, cannot give users the true financial freedom and control over their own assets. So, various limitations, high fees and intermediaries are the main problems DeFi deals with.<\/p>\n\n\n\n

DeFi empowers individuals with peer-to-peer digital exchanges, based on trust and blockchain protocols. It also eliminates the fees that banks and other financial companies charge for services.<\/p>\n\n\n\n

Individuals hold money in a secure digital wallet, can transfer funds in minutes, and anyone with an internet connection can use DeFi in any place in the world.<\/p>\n\n\n\n

So, is DeFi the new era of finance?<\/em><\/strong><\/p>\n\n\n\n

As for now, we can only witness how DeFi is evolving, improving its infrastructure and core principles, challenging and sometimes trolling the traditional financial world with innovations. It\u2019s not such an en masse trend now, however it has all chances to become something common for future generations.<\/p>\n\n\n\n

Yes, DeFi is the new Fi for those users who have already connected to it and can feel all its advantages. Are you among them?<\/p>\n","protected":false},"excerpt":{"rendered":"

An independent financial ecosystem offering equal opportunities, open for everyone, made by users for users, may sound as a utopia. But it\u2019s a reality, which has already come to transform the world and people\u2019s understanding of finance. Let\u2019s examine a case study of DeFi, the industry that is going against the traditional financial system step […]<\/p>\n","protected":false},"author":7,"featured_media":507,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[60,38],"authors":[37],"class_list":["post-506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-defi","tag-education","authors-alphaguilty"],"acf":{"reading_time":3},"author-name":"AG Content Manager","suggested-articles":[{"ID":439,"post_author":"7","post_date":"2022-11-17 14:38:52","post_date_gmt":"2022-11-17 14:38:52","post_content":"\n

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On 7th September, Alpha Guilty held a large online meetup with crypto industry leaders and experts. The event was dedicated to the following topic: DeFi investment and Go-To-market strategies on a bear market. Speakers were talking about the current problems on the crypto market, and shared some advice for investors and private holders to help them survive and even profit from this downtrend cycle.<\/p>\n\n\n\n

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The importance of this event is huge, because that\u2019s exactly the moment when people do their wealth during the bear market. Our aim is to let our community and investors feel better and pick up some ideas for their investment portfolios or personal wealth<\/p>\n\n\u2014 said Mikhail Sitalo, CEO of Alpha Guilty, in his opening speech<\/strong><\/cite><\/blockquote>\n\n\n\n

Speaker 1. Lynn Nguyen, Head of Partnerships at Roseon World<\/strong><\/p>\n\n\n\n

Topic: How to benefit from your partners on a bear market<\/em><\/strong><\/p>\n\n\n\n

Miss Nguyen pondered on how a business can effectively use partnerships to go through hard times. Her main point \u2014 knowing how to collaborate can really help amidst a bear market.<\/p>\n\n\n\n

\n\n

If you want to expand your community and increase revenues, partnering with other businesses for promotion and events is a great way to do it<\/p>\n\n\u2014 said Miss Nguyen<\/strong><\/cite><\/blockquote>\n\n\n\n

She noted that a good partnership should be based on trust and respect, brand alignment, similar values and shared goals. A good partnership can double your network and increase capital you can throw on promotion.<\/p>\n\n\n\n

Main highlights:<\/em><\/strong><\/p>\n\n\n\n

1. Leverage your partner\u2019s platform \u2014 tap into each other\u2019s resources to increase revenue<\/p>\n\n\n\n

2. Your partner\u2019s network can also help to expose your project to new markets.<\/p>\n\n\n\n

3. Entering a new market is much easier if you have a local partner who deeply understands this market, the business and the reaction.<\/p>\n\n\n\n

4. On acquiring new users, stay connected to them. Connected customers tend to become repeated customers.<\/p>\n\n\n\n

5. Increase your brand awareness and brand trust via co-branding partnerships.<\/p>\n\n\n\n

Speaker 2. Mikhail Sitalo, CEO of Alpha Guilty<\/strong><\/p>\n\n\n\n

Topic: Smart investment mechanics of tomorrow<\/em><\/strong><\/p>\n\n\n\n

Mr. Sitalo spoke from an investor point of view, and gave useful insights of the way investors think.<\/p>\n\n\n\n

He started his topic with some depressive statistics, according to which 90% of startups across all industries fail. But on the other side, the rate of unicorns has increased by 351%, and that fact encourages investors to put money in startups.<\/p>\n\n\n\n

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The main challenge to the success of a startup is generating new approaches and vision of the world \u2014 that\u2019s probably why NFTs were booming recently<\/p>\n\n\u2014 said Mikhail Sitalo, CEO of Alpha Guilty<\/strong><\/cite><\/blockquote>\n\n\n\n

Main highlights (Winner side moves):<\/em><\/strong><\/p>\n\n\n\n

1. Invest only the amount you can afford to lose, especially when it\u2019s a downtrend.<\/p>\n\n\n\n

2. Specialize in an industry or sector \u2014 if you invest in blockchain, don\u2019t go into real estate.<\/p>\n\n\n\n

3. At the same time, diversify your portfolio: try Layer 1, NFT, play-to-earn, etc.<\/p>\n\n\n\n

4. Invest in due diligence \u2014 reach the founders, do some expert calls, get to know whether the solution is visible or not.<\/p>\n\n\n\n

5. Participate in the board of directors: if you can influence the project\u2019s decisions, you have lower risks.<\/p>\n\n\n\n

See Mykhail\u2019s presentation here<\/a>. <\/p>\n\n\n\n

Speaker 3. Leon Lee, Founder and CEO at Only1<\/strong><\/p>\n\n\n\n

Topic: How NFTs will change the creator economy due to bear market<\/em><\/strong><\/p>\n\n\n\n

Mr. Lee started with an idea that crypto has never endured a proper recession, and it\u2019s still something to be tested. However, in the current bear market we should pay attention to brand new factors: the war, inflation, the US GDP growth, etc.<\/p>\n\n\n\n

He got across some problems and trends on the NFT market:<\/p>\n\n\n\n

\u2014 Fundraising via venture capital is not always good: VCs inject a lot of money into an ecosystem (e.g. Solana last year), so it becomes hyped and pumped. People start following money, not trends.<\/p>\n\n\n\n

\u2014 Trends are changing fast in the NFT industry. Less than a year ago projects bursted with utilities, roadmaps, staking, and other good things. Today, users don\u2019t care about roadmaps but just want to see good community and good artworks.<\/p>\n\n\n\n

\u2014 Mr. Lee believes that NFTs can do so much more than being just a collectible.<\/p>\n\n\n\n

\u2014 NFTs can play a big role in creators economy: NFTs as access to creator are becoming a trend (on the example of Veefriends).<\/p>\n\n\n\n

\u2014 Leon Lee feels like the crypto market can reach new heights in the next 5 years. The driver to take us there will be mass adoption: better infrastructure, better bridges and wallets that actually solve real problems.<\/p>\n\n\n\n

Speaker 4. Berker Zor, Business Developer at Babylons<\/strong><\/p>\n\n\n\n

Topic: \u201cSafety guidelines\u201d of launchpads could damage the ecosystem in the long run<\/em><\/strong><\/p>\n\n\n\n

Mr. Zor dwelled on the problem of safety measures and guidelines which culminates into endless runs of refunds on public raises.<\/p>\n\n\n\n

He mentioned that launchpads divide into two school of thought:<\/p>\n\n\n\n

1) real concrete price protections (most launchpads) \u2014 if the project\u2019s token price falls very low, launchpads will initiate a retroactive refund;<\/p>\n\n\n\n

2) price diagnostic \u2014 focusing on the roadmap and the project\u2019s development. As to Mr. Zor, it is a real way to protect your community from pitfalls and abandoned projects.<\/p>\n\n\n\n

The problem of the first school is that it creates a cycle of people expecting the returns. Users sell tokens, and buy later at a lower price. So projects launched on such platforms lose all funding, get bad marketing and bad sentiments. They finally take money from VCs, which are less and less enthusiastic.<\/p>\n\n\n\n

Mr. Zor noted a serious decline of investments in new projects in the last couple of months, which was expected.<\/p>\n\n\n\n

A possible solution is to create a set of principles which hopefully will be price diagnostic. As long as projects are price dependent, the problem won\u2019t be solved.<\/p>\n\n\n\n

Speaker 5. Mariela Tanchez, Global Head of Business Development at Gate.io<\/strong><\/p>\n\n\n\n

Topic: How to continue in crypto during bear market without risking assets<\/em><\/strong><\/p>\n\n\n\n

Starting her speech, Miss Tanchez admitted that the current bear market is probably the biggest drop in history. However, it\u2019s not time to panic but to change the strategy, she said.<\/p>\n\n\n\n

Main highlights:<\/em><\/strong><\/p>\n\n\n\n

\u2014 Still a lot of investments: VCs invested billions into crypto companies since the last crypto winter ($10 bn in Q1 2022 compared to $2 bn in Q1 2018);<\/p>\n\n\n\n

\u2014 Traditional players are seeing the huge impact that crypto has and tools it offers.<\/p>\n\n\n\n

She underlined that the bear market gives extra time to choose and research the project. Crypto is not about just buying and selling: it\u2019s also about hedging, staking, getting APY, etc.<\/p>\n\n\n\n

Miss Tanchez dwelled on several innovative and safer options of earning on crypto that Gate.io offers to its customers:<\/p>\n\n\n\n

1) Single staking and flexible staking: choose how long you would like to stake and withdraw your funds at any time.<\/p>\n\n\n\n

2) Liquidity mining: earn income from fees by providing dual-assets liquidity to the market.<\/p>\n\n\n\n

3) Cloud mining: option for mining crypto without buying hardware<\/p>\n\n\n\n

4) P2P commerce: buy low and sell a little bit higher to other people.<\/p>\n\n\n\n

Mariela\u2019s main point was \u2014 don\u2019t fear to jump into crypto amidst the bear market. New startups, from traditional markets to web3 projects, are continuously onboarding. If you are among the first ones to join, you\u2019re probably going to be in for a very good ride.<\/p>\n\n\n\n

Keep an eye on emerging projects and don\u2019t necessarily wait until things go up!<\/p>\n\n\n\n

See Mariela\u2019s presentation here<\/a>.<\/p>\n\n\n\n

The speeches were followed by the Q&A session where the experts were answering questions sent by our viewers, and discussed even more exciting topics.<\/p>\n\n\n\n

To know more, rewatch the full record of the conference on Alpha Guilty\u2019s YouTube channel here<\/a>. <\/p>\n\n\n\n

For us to improve, please, take your time and fill in the following survey:<\/p>\n\n\n\n

https:\/\/forms.gle\/3R6yQBxJnLEc8yzp9<\/a><\/p>\n\n\n\n

<\/p>\n","post_title":"Alpha Guilty Conference Recap","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"alpha-guilty-conference-recap","to_ping":"","pinged":"","post_modified":"2022-12-19 09:39:54","post_modified_gmt":"2022-12-19 09:39:54","post_content_filtered":"","post_parent":0,"guid":"http:\/\/78.47.81.216\/?p=439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":538,"post_author":"7","post_date":"2022-11-20 10:37:04","post_date_gmt":"2022-11-20 10:37:04","post_content":"\n

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We\u2019re excited to announce that DOME: Arena 3D battlefields has partnered with AlphaGuilty, a launchpad for crypto & NFT projects, to join its loyalty program and become a part of the AlphaGuilty ecosystem. This step is hoped to enhance the communities of both projects, as well as contribute to their development and promotion on the DeFi & GameFi markets.<\/p>\n\n\n\n

DOME: Arena will be the ever first participant of AlphaQuest, a program that the launchpad has recently introduced as a core feature of its community and social hub. As an early bird, DOME: Arena will enjoy all the program\u2019s benefits for free.<\/p>\n\n\n\n

AlphaQuest is designed as a rewarding ecosystem where each member is equally engaged in the project\u2019s development. Its participants complete various functional tasks and quests and earn points, upping their levels and discovering even more opportunities as AlphaGuilty\u2019s partner.<\/p>\n\n\n\n

By joining the program, DOME: Arena will access such benefits as:<\/p>\n\n\n\n