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Welcome to Episode 3 of the Crypto 101 series. In Episode 2, we covered Ethereum, altcoins, and the crypto ecosystem. It is now time for us to dive into NFTs and DeFi. The topic of NFTs has taken the world by storm throughout the past year. I’m sure you all have heard the term NFT thrown around in the media even if you are unfamiliar with what they are or how they are used. If you are one of the people that have been wondering what the hype is all about, make sure you tune in
We’re also going to discuss DeFi, which stands for Decentralized Finance. DeFi is crypto’s response to the centralized banking systems that we participate in today. DeFi allows us to have access to the same financial services found outside of crypto in a decentralized manner. Don’t worry if that sounds confusing because I will demystify both NFTs and DeFi in this episode. Let’s dive in!
#nft #ethereum #defi #blockchain #crypto #cryptocurrency #bitcoin #btc #eth #news #protocols #sidechain #altcoin #nftmarketplace #opensea #cryptoart #protocol #altcoins #nonfungibletoken #dao #sidechain #layer2 #erc20 #erc-20 #token #coin
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
