14th -28th of April

 

 

Mondy's post-

 

👋 Hey everyone, let's talk about the failure of web3 products and how research can help prevent it. 🌐💻

👉 First off, it's important to acknowledge that many web3 products fail. In fact, studies have shown that up to 90% of blockchain startups fail within their first year of operation. 😱

🤔 Why do so many web3 products fail? One reason is a lack of research. Building a web3 product without thorough research is like building a house without a foundation. It might look good at first, but it won't stand the test of time. 🏠🚧

💡 On the other hand, a focus on research can help prevent failure. By conducting thorough research before building a web3 product, developers can identify potential challenges, validate assumptions, and refine their product strategy. 📈🔬

👨‍🔬 Research can also help developers stay up to date with the latest trends and technologies in the web3 space, which can help them build better products that meet the needs of their users. 🔍💻

🚀 Ultimately, the success of web3 products depends on many factors, but research is a critical component. By investing time and resources into research, developers can increase their chances of success and help to drive the growth of the web3 ecosystem. 🌱💰

 

With B Labs, foresight analysis and our research services will guarantee the success of your product, so send us a DM and we'll work together to build a better web3 future! 🌐🤝 Wagmi 🚀

 

#blockchain #web3 #research #protocol

🙏 Thanks for joining us in this discussion on the importance of research in web3 product development.

 

 

 

Wednesday’s Post (not to be posted)

What do you know about DeFi?

Defi is one popular concept in the Blockchain space. Although people can clearly define the concept, its benefits are still unknown to several people, even its users. So in this thread,🧵we will talk about Defi and its Benefits 💰

🧵1, DeFi, or Decentralized finance, is a financial system built on blockchain technology. It’s rumored to be preferred over traditional finance due to its numerous benefits. These benefits include transparency, accessibility, and security🔐

2🧵, One of the main benefits of DeFi is increased accessibility. DeFi platforms are open to anyone despite their location, financial status, and credit score, so as long as you have an internet connection, you can access any DeFi platform.

3 🧵, Another notable advantage is its transparency. Unlike traditional finance, where transactions are opaque and complex, DeFi transactions are recorded on a public blockchain, making the information of a transaction open to anyone to view and verify the transaction, making the system more transparent and trustworthy.

4🧵, DeFi also offers security. DeFi transactions are recorded on a blockchain, making them tamper-proof and immutable. This means that once a transaction is recorded, it can’t be altered or deleted, making the system secure from fraudulent transactions.

5🧵, DeFi isn’t just limited to the aforementioned benefits, it also offers financial services like borrowing, lending, trading, and investing. These services are flexible and can be customized to fit the users’ needs.

6🧵, In summary, DeFi’s development is an advantage to the world of finance, offering accessibility, security, transparency, and even financial services that suit its users. As DeFi grows it has the potential to change the finance world forever and make the industry more equitable and inclusive 🤗

So what do you think about DeFi? Do you think they can replace traditional finance 🤓?

Share your thoughts in the comment section!!!

 

 

 

7th of April,2023

 

 

 

 

 

Caption: When you realize that DeFi can do everything traditional finance can do, but faster, cheaper, and without the middlemen.