DeFi NFTs, Ponzi scheme or the future? - THE NEW NORMAL EP 19 from The New Normal

DeFi NFTs, Ponzi scheme or the future? - THE NEW NORMAL EP 19

37 minutes Posted Nov 3, 2021 at 12:00 am.

Intro

DeFi NFTs: a high-level overview

How do DeFi and NFTs combine?

Looking at the examples: CyberKongz

What are Banana tokens worth and what can you do with them?

Breeding NFTs

Why is profiting off of DeFi NFTs challenging?

But...is all this legal?

Why is this worthwhile?

Does someone ultimately get left holding the bag?

How to NOT get left holding the bag?

Closing thoughts

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Show notes

Decentralized Finance or DeFi is the future of finance. NFTs are the future of identifying ownership and collectables. Both trends are steaming hot these days. Now what if you combine the two. Too good to be true or will this be the get rich quick scheme everyone is looking for. Well...you’re about to find out.

MacNCheeasy and Jesse Friedland break down this crypto topic so anyone can understand in THIS WEEKS episode of The New Normal.

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