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The Potential DeFi Collapse, Bull & Bear Markets, and MobileCoin with Ari Paul

Modern Finance

CHAPTER

Do You Think We're Going to See a Consolidation of Dfy Projects?

There's a crazy number of dfy projectsthat have launched in the last six months that i view as basically just a feature. A lot of these depy projects are really just an incremental feature on one of the blue chips. Once enough of this is abstracted, maybe we actually do live in a world of a hundred thousand tokens, where people aren't even knowingly using the tokens. We're a long way away from that, but that's not getting abstracted in the next five years in that way. So i think you're gong to see consolidation into fewer as long as there's speculative frenzy and a bull market,. There's hardly any usage outside of ten coins you have

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