Decentralized Assets Are Powerful
The concept of decentralized assets is very different from cryptocurrencies or other tokens found in DeFi today.
While these assets may provide price exposure to popular stocks, ETFs, and publicly-traded companies, they do not represent ownership of stocks. Instead, they give speculators and enthusiasts what they desire the most: exposure to price gains without too much hassle or paperwork.
DeFiChain, as the world’s leading blockchain on the Bitcoin network for DeFi purposes, wants to enhance the appeal of decentralized finance applications and services.
Its use of decentralized assets showcases the potential of DeFi by bridging the gap to traditional finance. The recent addition of four new decentralized assets- also known as dTokens — indicates people actively seek exposure to this form of investment.
The new decentralized assets give DeFiChain users price exposure to Walt Disney Co, MicroStrategy, Intel, and the iShares MSCI China ETF.
The community voted on all assets, confirming users prefer these options over Mastercard, PayPal, Twitter, Uber, etc. Although it has four new decentralized assets, a remarkable outcome provides a more diversified pool of options to explore.
More importantly, these decentralized assets are a crucial evolution for the DeFi industry. Many people want to benefit from price appreciations of traditional assets rather than volatile crypto assets.
Having the ability to explore these options without worrying about stock ownership changes the narrative for many enthusiasts.