- March 31, 2022
- Posted by: Bastion team
- Category: World News
Table of Contents
From Presale to the Stars: Filecoin (FIL) and EverGrow Coin (EGC) Made Millions in Presale – Can Logarithmic Finance ($LOG) be Next?
Filecoin and EverGrow Coin have successfully yielded millions of dollars in presale
DeFi (Decentralised Finance) has taken over.
What is Decentralised Finance and is it easy to get into?
Defi is a form of alternative finance that uses public blockchain technology to execute financial transactions. While in the traditional financial system, banks, brokerages, and other financial institutions supply financial frameworks, DeFi employs blockchain technology to eliminate the requirement for a third-party or middleman to act as a validator. Ethereum was one of the first crypto projects to introduce DeFi.
It is indeed easy to invest in DeFi cryptocurrency, and most of the time all you need to jump in are a smart device and an internet connection.
There are a few websites that help investors keep track of the market fluctuations and news, one the best being coinmarketcap.com, which since its launch in 2013 has been one of the most powerful platforms for cryptocurrency news.
Often, when a new crypto-coin is created, before hitting the trading markets, it starts by going on presale.
What is a presale?
As stated above, presale is the step that precedes the live market launch. When offered in presale, coins are regarded as “secure” and are sold at a lower price, meaning investors potentially earn more for their…
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