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"The early CeFi majority is already in DeFi markets and the opportunity associated with the closing of this ‘CeFi to DeFi’ chasm will be the top growth area for blockchain powered financial services heading into 2021."
....from @bmaho's "Crossing the Crypto Chasm" Highlights
....from @bmaho's "Crossing the Crypto Chasm" Highlights
Alkemi is an API-based liquidity network. Our mission is to bridge 'CeFi' to the utility and yield potential offered by ‘DeFi’.
"Dear CeFi Pragmatist: We Hear You"
Crossing the Crypto Chasm with @AlkemiOfficial
Learn more about us here:
https://medium.com/alkemi/dear-cefi-pragmatist-we-hear-you-891ba9ce74f8
"Dear CeFi Pragmatist: We Hear You"
Crossing the Crypto Chasm with @AlkemiOfficial
Learn more about us here:
https://medium.com/alkemi/dear-cefi-pragmatist-we-hear-you-891ba9ce74f8
Currently, the ‘early majority’ in the crypto world is made up of ‘CeFi pragmatists’
Simultaneously, there is a fast growing market of open finance visionaries who are creating the protocols that are powering the internet-money of the future
These protocols are becoming more sophisticated and gaining traction, but the floodgates of CeFi adoption have not crossed the chasm quite yet, due to the following “chasm blockers”— or what we at Alkemi refer to as the “three Cs”:
Capital: Bridged summer 2020 via the yield farming frenzy and subsequent $13bn+ TVL run up. This capital inflow got the attention of institutional counterparties. Next comes the institutional-grade liquidity, which @AlkemiOfficial has a direct hand in facilitating
Connectivity: Seamless integration between Web2 (databases/closed access offerings) and Web3 (blockchain based/open applications). A much needed solution that is one of the most under-addressed areas in the space by infrastructure providers. @AlkemiOfficial is addressing this
Control: Institutional-grade capital deployment and compliance monitoring solutions. Yet to be crossed at scale in the web3 world. A much needed solution that is one of the most under-addressed areas in the space by infrastructure providers. @AlkemiOfficial is solving this
In short, web2 fintech players are positioning themselves as the web3 capital onramp and @AlkemiOfficial is at the intersection of this. There is a mutually beneficial opportunity for CeFi institutions to embrace DeFi protocols and unlock billions of market value
DeFi outlets want CeFi-grade liquidity, but don’t know how to get it. CeFi investors are interested in DeFi markets/programmability, but don’t know how to access it.The race is already on to connect these two worlds... join us!!
