A Brief Interview with Dfinance team!

in #blockchain4 years ago (edited)

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Good day to all my subscribers. Well Im pretty sure that you miss my all time review on some of the potential project in crypto space. This time Ive collaborated with a project that has something to break the ice in the world of defi ecosystem. I dont want to keep you hanging, this is a project you dont want to missed. Its called Dfinance. So what is this project?

This project is a product of Wings Stiftung, the same developer who launched WingsDao. It is a project way back 2017-2018 that focus on helping and assisting numbers of projects that incorporate decentralized technologies. So whats new on this revision and rebrand of WingsDao, well Dfinance is a platform allows creation of digital financial instrument that could be utilized by most crypto enthusiasts including traders, investors and any kind of users interested on blockchain OPs. I must say they started already as recently a partnership with elrond has been sealed for creation of future products that will run on dfinance ecosystem.

Now let me share with you the interview I had with the Dfinance team and check out their response to my intuitive and futuristic questions which investors should pay attention with.

BRIEF AMA with Dfinance

1.) I'm fascinated with this project idea. What’s the story behind the creation of Dfinance? I mean it's a product of WINGS DAO right, What was the foundation’s vision of Dfinance when it first emerged as an idea? Are there any special features that were missing on WINGS DAO that triggered the birth of Dfinance?

(Dfinance team response)
Some of the answers to this can be seen here, especially the back story: https://hackernoon.com/decentralizing-financial-instruments-with-programming-an-interview-of-boris-povod-from-dfinance-ok1k3yof
Dfinance is being developed by Wings Stiftung. We envision a world where everyone is free to experiment with their financial ideas. Wings lost it’s product-market fit when the age of ICO’s has ended, hence it will be migrated to dfinance in future

2.) What are the benefits for developers who wanted to join the Dfinance Platform? What are the security assurance and benefits to using the ecosystem?

(Dfinance team response)
We aim at creators, people who do not possess coding skills yet still have the idea and the desire of launching new interesting financial ideas. Developers are also welcome to join and use the powerful Move language enabling them to create new exciting DApps. Ideally we envision both parties working together, with creators ideating the exciting opportunities and developers fine-tuning them for real demand. We are working to make dfinance a user friendly while still as secure as a possible platform for the end-users. We believe that the benefit of being the first platform oriented at creators, rather than at developers, will be the unique point about dfinance

3.) You well aware of the competition in the crypto market. I heard you have a community campaign ongoing but aside from that what marketing strategy is in place to attract users and investors in the long term? Any more surprises?

(Dfinance team response)
We are laying the foundation for an extensive marketing push, cooperating with one of the top promotion firms in the field
The obvious marketing ramp-up is expected to start within the next 1-2 months, once we are closer towards the mainnet launch, in order to carry the momentum. There will be plenty of marketing surprises, as we have a quite creative team :)

4.) Why should anyone invest in DFI coin for long term investment? Given that you already have a parent project Wings? Kindly elaborate to us if there are some unique feature we must hear probably on defi integration.

(Dfinance team response)
Wings is the token of the Wings platform, and will be swapped to xDFI towards the mainnet launch
There will be a plenty of utilities for the xDFI token, which will boost it’s value and make it attractive to traders. dfinance is working on multiple partnerships, and will be revealing quite some exciting news onwards. Stay tuned for news!

5.) Lastly, If you are going summarize what Dfinance means what would it be? What are the core and important features that you think will create value for DFI?

(Dfinance team response)
We like to call dfinance as “Wix for DeFi”. Our goal is to enable anyone to be able to tap into his or her creativity, and create exciting new financial opportunities that will be available for all. The core capability is keeping the entry barrier low, and enabling people without coding skills to quickly experiment, attract new users, and eventually establish passive income. We want value creators, not speculators to form the most of the dfinance community, and will focus all our efforts on attracting this kind of people, as only then we could aim to reach a mass-market adoption.

This really reassuring and honest response from the team. Ive enjoyed it too and I do hope there will be a part two of this segment. Anyways thats all for now. Thank you very much Dfinance team.

If you want to know more about the project then feel free to explore their website. Im sure you enjoyed this great interview conducted by yours truly.

Website: https://dfinance.co/

Twitter: https://twitter.com/dfinance_co?s=09