We were in Berlin last week for the Web3 Summit, DappCon, and several other Berlin Blockchain Week events.Here are a few takeaways from our week in Berlin:DeFi excitement is growing: Enabling the world to access open, global financial products is what blockchains do best and new products continue to emerge. Users can now get 11% APY on Dai on Compound. In a macro environment that is seeing negative interest rate policy (NIRP) in a growing number of countries, this is the type of product that could bring millions of new people to the space.DAO experimentation is increasing: Bitcoin was the first DAO that effectively decentralized the decision-making and ownership of an organization. We're seeing more and more experiments on this front, from a venture fund DAO to a decentralized exchange DAO. While it still feels early here, the experimentation is exciting to see.Next-gen blockchains are coming: Ethereum is working well for DeFi, but new platforms like Cosmos and Polkadot are coming soon to enable new use cases. IBC is likely to be enabled in the Cosmos network by year end and Polkadot is likely to launch early next year .We'll be in Osaka for Ethereum's DevCon and San Francisco for SF Blockchain Week later this year. Let us know if you'll be around!
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1confirmation Newsletter - Issue #65
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We were in Berlin last week for the Web3 Summit, DappCon, and several other Berlin Blockchain Week events.Here are a few takeaways from our week in Berlin:DeFi excitement is growing: Enabling the world to access open, global financial products is what blockchains do best and new products continue to emerge. Users can now get 11% APY on Dai on Compound. In a macro environment that is seeing negative interest rate policy (NIRP) in a growing number of countries, this is the type of product that could bring millions of new people to the space.DAO experimentation is increasing: Bitcoin was the first DAO that effectively decentralized the decision-making and ownership of an organization. We're seeing more and more experiments on this front, from a venture fund DAO to a decentralized exchange DAO. While it still feels early here, the experimentation is exciting to see.Next-gen blockchains are coming: Ethereum is working well for DeFi, but new platforms like Cosmos and Polkadot are coming soon to enable new use cases. IBC is likely to be enabled in the Cosmos network by year end and Polkadot is likely to launch early next year .We'll be in Osaka for Ethereum's DevCon and San Francisco for SF Blockchain Week later this year. Let us know if you'll be around!