The Best Time Ever For DeFi?
Fomo in DeFi? Or is the bottom a good place to be looking up? Either way, the institutional money is what you can’t ignore, says Ian Dyer, founder of Machines and Money.
On 15 August, we published Ian's accompanying opinion here. He asserts that institutional adoption of digital assets and their functionality (e.g. tokenization and stablecoin rails from big names like Visa, Mastercard, & Stripe) is accelerating even as altcoin valuations sit near post-FTX-crash lows.
Dyer points out that this gap is comparable to the 2000-02 dotcom crash and says it is wide enough to justify building a tracked 20-token index (DeFi20) as an asymmetric bet on quality projects re-pricing when the next bull market hits.
Tell us what you think! Is this the best time in DeFi?
Dive in and listen. The market from Fact Machine should be out on Monday.
About Machines & Money:
Machines & Money is a crypto/DeFi research newsletter built around a live, publicly-tracked portfolio. Its thesis: institutional money is now flowing into DeFi at scale, which is expanding the quality and quantity of yield opportunities and because DeFi is permissionless, retail investors can access the same opportunities as large asset managers. The publication runs three weekly series (Yield Spotlight on income strategies, Mid-Week Market Check on market conditions, Friday Features on notable projects) and centers on the DeFi20 Index, a tracked basket of 20 projects the authors consider foundational to DeFi’s next growth phase. Check out the Website |
