Token Takeaway: COMP; Since our Token Takeaway series started, we have been focused on covering the highest quality of tokens that pop up through our market screening. A couple of weeks ago, we covered Axie, which has since experienced parabolic growth and rewarded investors with a three-bagger. COMP is this
Token Takeaway: COMP; Axie Infinity and other NFT-based tokens have offered investors the best trades over the past week. That should not come as a surprise as Delphi Digital estimates that Axie Infinity will have an annualised revenue of $1bn. See my two-part analysis of AXS from last week, here.
Token Takeaway: COMP; In part 1, I explained how DeFi could help Bitcoin generate yield for its holders, whilst also appealing to the geographical trends of the digital asset ecosystem. The report then looked into providing guidance that investors should bear in mind before starting a venture in the DeFi
Token Takeaway: COMP; Decentralised finance represents an ecosystem of financial instruments; these instruments enable participants to actively invest their ‘dormant’ assets. Decentralised lending and borrowing are very similar to the 3000-year-old traditional credit system where collateral is required to reduce the risk of all parties involved. One cannot ignore that