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Friday, June 04, 2021 10:14:35 AM
Good Afternoon NSAV shareholders. Eric Ma, Vice President of NSAV's Decentralized Finance division (DeFi) here.
I'm here today to discuss NSAV's DeFi Stategy, especially how it relates to the China market. I feel DeFi will be a major part of NSAV's business in the coming months. I will briefly explain the strategy that we developed, along with Silverbear Capital, where I am a director. https://twitter.com/nsavtech/status/1400539120523517953?s=21
This may take several tweets, so I appreciate your patience.
As we all know, Decentralized Finance (De-Fi) is the hottest topic in the financial sector nowadays. As a fast growing cryptocurrency, blockchain and digital asset technology company, NSAV is also building up its own De-Fi structure in order to catch up with this trend. https://twitter.com/nsavtech/status/1400540427208560641?s=21
Why is DeFi rapidly rising and dominating the financial service industry? First of all, we have to know about its purpose and how it works. https://twitter.com/nsavtech/status/1400540708440838144?s=21
The core concept of De-Fi is to make use of high-technology with a variety of blockchain-powered applications aimed at creating peer-to-peer alternatives to traditional financial services and institutions. https://twitter.com/nsavtech/status/1400540993934532617?s=21
In other words, De-Fi is trying to eliminate all costly intermediaries and central oversight, which could end up making financial markets more accessible to retail investors and creating new investment opportunities. https://twitter.com/nsavtech/status/1400541208292831234?s=21
NSAV is poised to be a leader in the Decentralized Finance sector in China and globally for years to come. We have the capability, resources and the team to get this done, along with our partner, Silverbear Capital. https://twitter.com/nsavtech/status/1400541966719406087?s=21
We will be releasing our DeFi timeline for the month of June to the public shortly as well as other projects that we are currently working on. Thank you and I wish all NSAV shareholders a great evening. https://twitter.com/nsavtech/status/1400542698545745926?s=21
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