Valid points and debate, but when you take a closer look into many Ethereum-based DeFi projects, NFT sites, wrapped coins etc, it's also debatable how decentralized those apps / tokens really are? At the end of the day DApps on Ethereum are also cooking with water and make similar trade-offs as Hive-based DApps.
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Totally agree. But, personally, I care about the decentralization aspect. I make that error often... semantics matters.
Many NFT platforms are to me mostly e-commerce, not even FinTech. Many dapps should be called bapps, blockchain apps because they’re not distributed (nor decentralized).
And many “DeFi” projects will go the same route as the Binance “DEX”. Being “owned”, probably even launched, by a central entity who was once a major centralized platform operator but needed to move quickly to protect their turf and revenue before being eaten by actually decentralized platforms. If we don’t watch out with our labeling we won’t recognize the centralized ones from the real deals out there.
!ENGAGE 40
ENGAGEtokens.