Why Do All These DeFi Projects Have Their Own Tokens? What Are the Risks With DeFi? [2021] скачать в хорошем качестве

Why Do All These DeFi Projects Have Their Own Tokens? What Are the Risks With DeFi? [2021]

Decentralized Finance or DeFi projects are said to be revolutionizing finance. But why do they all seem to have their own tokens? Why aren't they just using the underlying network tokens? Is it just a get rich quick scheme for the creators? Maybe, maybe not. Watch this video to learn some of the reasons why DeFi projects might have their own tokens, how they might be used to provide a hedge against immature technology and over centralization. Chapters 0:00 Why do all these DeFi projects have to have their own tokens? What are the risks with DeFi? 1:31 Reasons SOME projects may actually need their own token 2:00 This is immature technology 2:30 Balancing decentralization and centralization 4:20 RIPCORD principles - collaborative 4:39 Features of some tokens: equity principles, access, governance 5:33 Governance decisions distributed 6:00 Examples of Maker DAO and Compound (not an endorsement of either project) Related Videos 5 Categories of DeFi Risks -    • Investing in DeFi? You Need to Know the 5 ...   What is RIPCORD?    • RIPCORD Blockchains: distinguishing blockc...   COMMENT below and let us know what you think of the video. Post your follow-up questions there too! SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications:    / @aantonop   JOIN this YouTube channel about Bitcoin and open blockchains to become a YouTube Community Member and access custom emoji and other perks:    / @aantonop   BECOME a Community Builder:   / aantonop   LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop You can also learn from one of aantonop's many books about bitcoin, ethereum, and open blockchains. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter. About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission. **Learn More From Andreas* Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8 Audible: https://www.audible.com/author/Andrea... E-books & Merch: https://aantonop.io/shop Patreon:   / aantonop   Website: https://aantonop.com Workshops: https://aantonop.com/workshops **Connect with Andreas on Socials** Facebook:   / andreasmantonopoulos   Instagram:   / amantonop   LinkedIn:   / aantonop   Twitter:   / aantonop   Thanks for watching, sharing, and subscribing!