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Andrew Kang: Like the era of DeFi in early 2019, everything was still very primitive

Andrew Kang: Like the era of DeFi in early 2019, everything was still very primitive

Bitget2024/11/24 21:01
AAVE-1.23%MKR0.00%

Andrew Kang, a partner at Mechanism Capital, posted on the X platform saying that the current DeSci field is like the DeFi era in early 2019. Everything is still very primitive and experimental, but people can see from it that it has huge potential. The current projects may not have the same models/products as in the future, but this is because they are being developed through iterations. Maker, Synthetix and Aave were like this in 2019; they used to be cumbersome micro capitals and now have become massive protocols.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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