DeFi who? NFTs are the new hot stars on the crypto block By Cointelegraph

DeFi who? NFTs are the new hot stars on the crypto block

CryptocurrencyMar 03, 2021 02:40PM ET

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DeFi who? NFTs are the new hot stars on the crypto block

The last bull run of 2017 was defined by the initial coin offering craze, which took a turn for the worse with foreseeable consequences for overvalued projects that had little more than a team and a poorly written white paper. While many useful projects were able to blossom from the ICO era, including Ethereum and others, most have come and gone with the wind, leaving thousands of unwary investors holding on to worthless bags of tokens.

A full market cycle later, and there’s now yet another rally that seems to be expanding over multiple sectors of the crypto industry, especially in decentralized finance. A lot has changed since 2017. Regulators have cracked down, investors have gotten smarter and the space has matured.

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DeFi who? NFTs are the new hot stars on the crypto block

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