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Deleted member 1333509
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Luckily insider trading is completely legal in cryptoland.
Which one are you talking about specifically? Or are you talking about the cluster of "DeFi" projects that are made by a single person/group, are copy pastes of each other's websites with slight design changes, and have names relating to blood/gore/rug and similar?
If so, I've noticed that operation too, and although they are probably making a lot from repetitively fleecing their (highly dumb) "investors", that's not representative of the core of the DeFi space, but is a symptom of the same greed and stupidity that's been in the crypto market since the beginning.
If you're comparing those specific "DeFi projects"/that operation to ICOs, I get where you're coming from. They're both just vaporware scams targeting people with down syndrome. If you're talking about DeFi in general (uniswap, curve, sushi, synthetix etc), then no it's nothing like ICOs.
Uniswap, curve, swerve, compound, aave, synthetix, yield, yfi are all legitimate projects that will be here for a while and that provide significant value to users.Yes the so called "DeFi" projects aka uniswap projects coming out daily, 99,99% is bullshit moneygrabs, not only the ones with "meme" value but also al lthe other shit being released all the time, like top 10 on dextools.
The real DeFi im sure has some value but whole market is inflated and just chasing money.
Uniswap, curve, swerve, compound, aave, synthetix, yield, yfi are all legitimate projects that will be here for a while and that provide significant value to users.
90% of other "DeFi projects" are dogshit.
I heard old chap Wozniak has recently started his blockchanin-based company.
His crypto will rock I believe.