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ukiyo Labs

ukiyo Labs

A web3 ecosystem to democratize real world assets, making it open and permissionless to Everyone, Everywhere, All at Once.
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Fundamentals: Encouraging Venture Investment On DeFi

Publisher
ukiyo Labs
July 01
Summer of 2020. The DeFi buzzword began to cause mania within the crypto industry. Something that was much needed after the ICO craze and its subsequent meltdown post-2019. However, “DeFi Summer” as it was later dubbed, was a much larger game changer for the industry than these ICO’s we all had all become accustomed to. This DeFi gold rush was what Vitalik Buterin had always envisioned with his original concept of the Ethereum blockchain, and in 2020 it finally came.