With the majority locked via MakerDAO. DeFi Is Poised To Drive Mainstream Adoption In 2020.The last three years has seen a lot of progress.
So the main element we need to solve for now, is creating a product that people want.
There are two simple reasons why I believe that DeFi is poised to create that mainstream product in 2020.
A key aspect of DeFi is it's composability, which is the ability to combine two distinct services to get a novel third service.
With the introduction of Multi-Collateral DAI in November, 2019, we're starting to see a more robust set of DeFi "Legos" that we can connect together to create products that were simply not possible before.
While DeFiers can lock only two assets together to create DAI today, we're likely to see a proliferation of assets come to DeFI in the coming years, including fiat currencies and tokens derived from real world assets, like real estate.
DeFi has a major advantage over incumbent financial and technology companies because they can introduce products without asking any regulators for permission.
If you don't have to ask for permission, you can roll out a lot more products a lot faster, and are simply far better positioned to find product market fit.
I think 2020 will start to see the introduction of DeFi products that enable investors to do things they couldn't do before and to invest in ways that were not possible before these new technologies existed.
When we find product market fit and build a product that people want, that they can't get elsewhere, rypto will go mainstream.
2019 Set the Stage for DeFi to Go Mainstream
gepubliceerd op Dec 21, 2019
by Coindesk | gepubliceerd op Coinage
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