📣Marzo 28 2022
As with any other industry and culture, there is also a seedy underbelly. There are those in DeFi whose intentions are less than honorable, creating a culture of rugpulls, honeypots, and orchestrated pump and dumps.
In other cases, the problem statement is not always as clear. The world of DeFi is growing exponentially on a daily basis as a result of a modern day land rush. Stock traders, gamblers, opportunists, and fortunate seekers are entering projects as devs, advisors, and in roles previously reserved for engineers and web developers. This has created a series of projects with notoriously bad launches, costing early investors large sums of BNB and ETH, and creating bad mojo for the devs, the projects, and the communities.