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Did you know that India ranks second in global adoption of cryptocurrencies with over 50MM users that have invested in the asset. We see the number of people investing in Crypto increase exponentially over the coming years and with that the need to generate yield on their holdings. Take a look at the presentation below and write to us with your thoughts
The number of people joining the crypto bandwagon is increasing around the world. Alongside the rising number of users, we are even seeing a funding frenzy in the space across different verticals within crypto such as wallet services, decentralised finance (DeFi), NFT gaming and many more. In this presentation, we narrow our focus on how wealth management startups are coming up in the Crypto space that allow the average investor to get exposure to the crazy returns we are seeing in DeFi.
Most users that are investing in Crypto don’t really understand how to generate yield on their holdings or interact with DeFi platforms due to the complex UI/UX that is difficult to navigate. We cover the different ways that users can generate yield on their holdings such as staking, liquidity providing, P2P borrowing & lending and even getting exposure to crypto by investing in curated coin baskets. We deep dive into each of the concepts mentioned above to show how users can generate yield on their crypto holdings and the various annual percentage yields (APY’s) they can earn across different strategies. However, due to the complex nature of these assets and platforms we are now seeing startups that generate yield for users by providing a seamless onboarding experience and easy to use platform for the average crypto investor.
Did you know that India ranks second in global adoption of cryptocurrencies with over 50MM users that have invested in the asset? We see the number of people investing in Crypto increase exponentially over the coming years and with that the need to generate yield on their holdings. Take a look at the presentation below and write to us with your thoughts on ahan@lightbox.vc.
P.S: We also spoke with an expert in the field, Martin Green, from a quantitative fund that invests in digial assets. Listen below:
https://open.spotify.com/episode/1iM2bPxVOmZa3C6wxBJZpO?si=09c7b07cd9524b1f
Watch the explainer video here: