Andrew Kang: Like the DeFi era in early 2019, everything is still very primitive
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2024-11-25 03:02:01 203
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Golden Finance reported that Andrew Kang, a partner at Mechanism Capital, wrote on the X platform that the current DeSci field is like the DeFi era in early 2019. It's all still very raw and experimental, but one can tell it has huge potential.
Current projects may not have the same models/products as future ones, but that's because they are being developed through iterations. Such is the case with Maker, Synthetix, and Aave in 2019, which were once clunky micro-capitalizations and are now massive protocols.