Web3 Overview Roadmap

Introduction to DeFi

Decentralized finance (DeFi) is an open-source financial ecosystem based on the blockchain. In centralized finance, money is held by authorities and control the movement of money between parties. Decentralized finance allows anyone with an internet connection to lend, trade, invest and borrow without intermediaries, regardless of who they are or where they are.

A diagram of centralized finance vs decentralized finance

Core points

What DeFi gives you over centralized finance:

You hold your money, not a company
You control how your money is spent
Transferring funds can take minutes, not days
DeFi is accessible by anyone, no need to apply for access
It's transparent, nothing is behind closed doors

DeFi, the future of finance explained

What problem does DeFi solve and will it replace traditional finance?

Question 1/2:

In decentralized finance, who controls your money?

Web3 Overview Roadmap

How the Web Work

Blockchain

The Metaverse

Non-fungible Tokens (NFT's)

Web3 Gaming

Decentralized Applications (dApps)

Decentralized Autonomous Organizations (DAO's)

Decentralized Identifiers (DID's)

Decentralized Finance (DeFi)

Cryptocurrency

Crypto Wallets

Bitcoin

Ethereum

Outro

Introduction to DeFi

Core points

DeFi, the future of finance explained

Interesting fact

Question 1/2: