Article: The Future of Work is Decentralized and Decent

Decentralized Internet, Web 3.0

The Future of Work is Decentralized and Decent

For decades, holding a “full-time job” with one employer has been the norm in developed economies. Increasingly, those norms are changing. A new generation of young adults entering the global workforce, the aftermath of COVID-19, and numerous other factors have spurred accelerated growth in one specific segment of the economy: independent workers.

More than one-third of U.S. workers (about 56 million total) participate in the gig economy, either as their primary or secondary jobs. Additionally, 4.33 million people in the United Kingdom were self-employed in the first months of 2021.

Beyond those raw stats, we can see the proliferation of freelancing and gig work through the emergence and rapid growth of major gig economy employers, including Uber, Lyft, Turo, Upwork, and Fiverr.

Blockchain now stands poised to take self-employed workers to the next level, with Decentralized Autonomous Organizations (DAOs) leading the way.

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Article: ‘With DeFi, You Have Complete Access’ — The Week in Quotes

Crypto, Decentralized Internet, Money

‘With DeFi, You Have Complete Access’ — The Week in Quotes

Plenty of discussions this week occurred at the World Economic Forum. A key topic was decentralized finance (DeFi). Speaking at the “Behind the decentralized finance hype” panel, Rune Christensen of MakerDAO brought to light the future of DeFi and how it is growing rapidly.

Christensen explained how DeFi can be accessed by anyone:

“It doesn’t matter if you’re a hedge fund manager on Wall Street or if you’re one of the 1.7 billion people that don’t even have a bank account. With DeFi, you have complete access.”

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Article: 3 Ways to Earn Crypto Passive Income: A Quick Guide

Crypto, Money, Web 3.0

3 Ways to Earn Crypto Passive Income: A Quick Guide

Before you start, you need to assess how much money and effort you are ready to invest, what your goal is, how patient you’re willing to be, and what risks you are able to withstand.

Compared to traditional finance, cryptocurrencies are much more susceptible to market fluctuations, therefore, you should understand that if the price of your asset falls, this can “eat” your percentage of passive income.

Below are some popular options that may suit your stress levels much better than trading…

  • STAKING As A Source Of Earning Passive Income
  • MASTERNODES And Earning Passive Income
  • LENDING

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Article: What is the truth behind the decentralized finance hype?

Blockchain, Crypto, Decentralized Internet

What is the truth behind the decentralized finance hype?What is the truth behind the decentralized finance hype?

Despite still being in the early days of DeFi, Lithuanian policymakers are already creating a regulatory framework for this technology, Armonaitė said. “We are at the final stages of the establishment of the anti-money laundering competence center here in Lithuania.”

The Lithuanian government is hoping to facilitate better public and private cooperation and information sharing, as well as coordinate technology adoption and implementation. “Hopefully that kind of framework where governmental and private institutions come together and work together towards a better regulation [that] would enhance change and appreciate the creative destruction we are facing, rather than defending ourselves from it,” Armonaitė said.

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Article: DeFi needs regulatory clarity to interface with ‘real-world’ finance, experts say

Blockchain, Decentralized Internet

DeFi needs regulatory clarity to interface with 'real-world' finance, experts  sayDeFi needs regulatory clarity to interface with ‘real-world’ finance, experts say

DeFi regulations are increasingly becoming a topic of conversation among many stakeholders, with regulatory agencies reportedly looking toward policing the growing ecosystem.

Back in March, the Financial Action Task Force published an updated version of its draft guidelines for cryptos with significant implications for the DeFi space. The document likely signals the growing intent among regulators to implement Know Your Customer compliance protocols for DeFi platforms.

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Article: DeFi snowball will turn into a Web 3.0 avalanche

Web 3.0

DeFi snowball will turn into a Web 3.0 avalancheDeFi snowball will turn into a Web 3.0 avalanche

We are at a pivotal moment in the history of the internet. And DeFi is a symptom of the real shift from centralized services to decentralized.

Decentralized finance has exploded over the past 12 months. The swapping, staking and yield farming successes have been well touted. The DeFi market cap has reached $45 billion, and there’s over $28 billion total value locked in DeFi today. That’s up from $600 million in January 2020 — a 4,300% increase.

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