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Decentralized Masters and Their DeFi Journey

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Decentralized finance (DeFi) scene is growing quickly. Tan Gera and Salim Elhila and have entered this dynamic field, starting Decentralized Masters, a platform to guide and teach people about the crypto world.

The entrepreneur duo’s journey shows their ability to adapt, overcome, and evolve, as they create a space for themselves in DeFi’s changing environment.

Decentralized Masters is a platform designed to educate and guide individuals in the DeFi space. It offers comprehensive resources and strategies for navigating the crypto industry, covering everything from portfolio management to market analysis. The platform fosters a mastermind community, bringing together high-value individuals to share insights and strategies. Decentralized Masters aims to bridge the gap between traditional finance and the emerging DeFi world, equipping members with the knowledge and tools to succeed.

From Wall Street to Web3

Salim, an AI and big data engineer by trade, found his calling beyond the corporate world. With a background in engineering, mathematics, and statistical modeling, he expanded his expertise to include marketing and sales strategies for online ventures, becoming the marketing mastermind behind a combined $100M in sales in these industries.Yet, his real breakthrough came in 2022 when a tweet by Elon Musk sparked his interest in Bitcoin (BTC), propelling him down the cryptocurrency rabbit hole.

“I participated in many Web3 projects, the most famous being MetaLegends, where I was managing the marketing side of things. This project sold out for $20 million. That’s when I realized things are happening way faster in the Web3 world”, Salim says. “And by that time, I met Tan. At the peak of the last bull market we chose to launch something together. And that’s how Decentralized Masters came to be.”

Tan, on the other hand, began his journey in the world of finance, climbing the investment banking ladder. From the suburbs of Paris, he navigated a traditional path, securing a role on Wall Street, where he witnessed the inner workings of the banking industry. But Tan’s experience with crypto conferences and witnessing the potential of blockchain technology led him to shift gears. He recognized the power of DeFi, particularly in comparison to traditional banking systems, and made the transition to the crypto space.

“At 21 I passed my CFP1 and got access to Wall Street. I did an internship there as an investment banker, and it really opened my eyes,” Tan adds. “I saw behind the curtains of the big investment banks how the game was rigged. And I saw true use cases of crypto, how it could make everything better.”

Turning Adversity into Opportunity

The inception of Decentralized Masters came at a crucial moment. The company launched just before a brutal market crash: one of the biggest centralized exchanges in the US, FTX, collapsed, triggering a domino effect throughout the industry. The downfall of Sam Bankman-Fried’s empire led to widespread fear, eroded trust in CEXes and intensified the challenges for a freshly launched company.

Despite early success, their journey took a steep turn when their payment processor unexpectedly blocked transactions and banking partners temporarily froze funds. Plus, social platforms restricted their content and it was as if everyone was against them. However, Salim and Tan saw an opportunity in the adversity.

“We were starting to sell really well. It was a massive success. But after one or two weeks of sales, the FTX crash happened,” – Salim reflects. “And from there, everything went downhill. We almost gave up, it felt like the whole Universe was conspiring to make sure we wouldn’t win. But by the end of the year we were like – you know what, if we manage to do this during a bear market, imagine how amazing it will be during a bull market? And from there, it has been a crazy ascension.”

The duo’s resilience paid off, as they secured new banking partners and payment processors, and Decentralized Masters grew from zero employees by the end of 2022 to over 80 team members in just a year. 

Both entrepreneurs now look back to late November 2022 as a turning point for the whole DeFi space. People recognized that centralized exchanges were not safe and reaffirmed the value proposition of DeFi platforms.

Tan notes centralized exchanges function like traditional banks, using clients’ assets to make money and offering crypto products without leveraging blockchain technology. According to him, this leads to issues such as limited transparency and lack of security, as seen in the FTX case.

“What centralized exchanges do? They pay clients 3-4% and use their crypto to make 20-30-40% in DeFi protocols. That’s exactly what the bank does when you leave your money in savings,” he recalls. “What we want to teach people is to self-custody their funds to hedge against the monetary system, so they can control it and make the profit instead of giving it to the third party.”

The Decentralized Approach

Decentralized Masters provides comprehensive education on DeFi and crypto markets. The platform’s value lies in its multifaceted approach, from portfolio management and asset selection to technical analysis and strategy development.

As for now, the company boasts a team of 10 full-time analysts who conduct in-depth research into various projects, comparing them across a range of variables. They provide a full overview of each asset, incorporating fundamental, technical, on-chain, and team analyses. The projects are then graded based on these variables, resulting in a ranking system to assess their success potential.

“We’re lucky to be surrounded by a team of people who are all experts in their different narratives. They conduct due diligence on a daily basis,” Tan explains. “That allows us to basically rate different protocols, different projects, and make sure that we only invest in projects that have a high potential of staying alive.”

But the team’s vision extends beyond analysis, encompassing community building and mentoring. Decentralized Masters offers a mastermind community and a platform for members to connect and share knowledge. This extensive ecosystem has fostered a thriving community, where members proudly display their credentials.

“We gather high-value individuals with the same sophistication and values,” Salim notes. “Сommunity in crypto is everything: it can make or break one’s success. At the end of the day, when you’re surrounded by the right people, things tend to work pretty well.”

Bridging TradFi and DeFi

Decentralized Masters’ narrative was designed to act as a bridge between traditional finance (TradFi) and DeFi. Their strategies leverage portfolio management principles from Tan’s CFA background, while also incorporating decentralized finance tools. This convergence of two worlds is pivotal to their mission.

“We teach people to stay away from risk while optimizing potential rewards. It’s all about the portfolio allocation principles that we have and the rules that we follow to make sure we avoid the downside,” Salim comments. “Once you have decided which 10 to 12 assets you want to hold, you can use DeFi tools to juice up the returns with a long term mindset. When the market is going red, you can add some delta-neutral strategies and more elaborate strategies on top.”

The founders draw a parallel from the TradFi world to the current DeFi space, where concepts such as restaking and liquid restaking echo the derivatives ideology from traditional finance. They highlight that this transition represents a broader shift, with all the innovation from TradFi moving to DeFi, where everything can be tokenized.

“While TradFi currently holds more capabilities due to decades of development, DeFi is quickly catching up, particularly with finance experts joining the pace. This space needs real finance people to jump ship and help the devs,» Tan asserts, highlighting the need for collaboration between financial and technical expertise.

This union is embodied in the Decentralized Masters team, with Salim’s engineering prowess and Tan’s finance acumen driving the platform’s growth. The project is poised to expand further, led by its dedication to education, innovation, and community building. Decentralized Masters’ vision reflects the evolving crypto space, as they merge the old and new financial worlds, offering nuanced insights and strategies.

Disclaimer

In compliance with the Trust Project guidelines, this opinion article presents the author’s perspective and may not necessarily reflect the views of BeInCrypto. BeInCrypto remains committed to transparent reporting and upholding the highest standards of journalism. Readers are advised to verify information independently and consult with a professional before making decisions based on this content.  Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Ethereum Price Can Reach $3,500 On The Back Of These Factors

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Ethereum, the second-largest cryptocurrency, recently failed to breach $3,524, triggering a sharp price drop. Since then, recovery efforts have remained weak as volatility persists. 

However, the current conditions suggest Ethereum may be preparing for a comeback as the market stabilizes.

Ethereum Has Room For Recovery

Ethereum’s Network Value to Transaction (NVT) Ratio is experiencing a decline, recently hitting a monthly low. A low NVT indicates that transaction activity is balanced with network value, reflecting reduced volatility. This creates an environment conducive to price recovery, something Ethereum urgently needs to regain its footing.

With the NVT ratio signaling healthy network activity, Ethereum is positioned to stabilize in the short term. Declining volatility often fosters investor confidence, making it more likely for the cryptocurrency to see renewed buying interest. As speculative activity wanes, Ethereum has an opportunity to chart a path toward meaningful recovery.

Ethereum NVT Ratio
Ethereum NVT Ratio. Source: Glassnode

Ethereum’s realized profits recently dropped to a six-week low, pointing to a significant reduction in selling pressure from investors. This trend highlights the market’s shifting sentiment, with fewer participants looking to offload their holdings. Such conditions could provide Ethereum with the breathing room required to capitalize on broader bullish cues.

The lack of an uptick in realized profits suggests that the selling lull may persist, allowing Ethereum to focus on building upward momentum. With investors holding onto their coins, market conditions are primed for a gradual recovery, provided external factors remain favorable.

Ethereum Realized Profits
Ethereum Realized Profits. Source: Glassnode

ETH Price Prediction: Breaking The Barrier

Ethereum is currently trading near $3,300, just below the critical resistance level of $3,327. Flipping this into support is essential for ETH to initiate a rally toward $3,524, representing a 6% increase from current levels. This move would mark a partial recovery from recent losses.

Breaking through the $3,524 resistance is crucial for Ethereum’s recovery. Achieving this would erase the recent downturn and also position the altcoin for further gains, potentially targeting $3,711. Such a move would underscore Ethereum’s resilience and align with the broader market’s bullish sentiment.

Ethereum Price Analysis
Ethereum Price Analysis. Source: TradingView

However, failing to establish $3,327 as a support level could stall Ethereum’s recovery. This scenario would leave the cryptocurrency vulnerable to a retracement toward $3,200, undermining recent progress and potentially delaying its path to $3,500.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Justin Sun, Vitalik Buterin Speak Amid Ethereum Reform Debate

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TRON founder Justin Sun has offered a hypothetical plan for Ethereum and the Ethereum Foundation (EF) under his leadership. His remarks come amid controversy over EF’s leadership transformation.

In a series of posts on X (formerly Twitter), Ethereum co-founder Vitalik Buterin outlined the reforms’ goals and progress. He highlighted improvements in technical expertise, ecosystem engagement, and operational efficiency.

Justin Sun Outlines Blueprint for Ethereum Leadership

The TRON executive shared ambitious remarks on how he would lead the Ethereum Foundation if given the opportunity. Sun’s vision, shared on X, outlined a four-point plan to radically restructure EF operations, optimize Ethereum’s economic model, and drive the price of ETH to $10,000.

“If EF and Ethereum were under my leadership, ETH would hit $10,000,” Sun claimed.

Sun proposed an immediate halt to ETH sales for three years to stabilize supply and boost market confidence. He suggested covering EF’s operational costs through DeFi protocols like Aave, staking yields, and stablecoin borrowing, aligning with Ethereum’s deflationary goals.

A key component of his plan involves imposing significant taxes on Layer 2 (L2) solutions, aiming to generate $5 billion annually. The collected taxes would go toward exclusively repurchasing and burning ETH, further enhancing its scarcity and value.

Sun also called for a drastic downsizing of EF staff, retaining only top performers and offering them significant salary increases. This merit-based approach, he argued, would streamline operations and improve efficiency.

Finally, Sun emphasized adjusting node rewards and increasing fee burns to reinforce Ethereum’s deflationary narrative. He proposed redirecting all resources toward Ethereum’s core L1 development, focusing on scalability, security, and adoption. Justin Sun’s plan sparked a mixed response, with some applauding the bold vision.

“These are all very practical suggestions. Please pay attention to them and refer to them, Vitalik Buterin,” core developer 0xSea.eth posed.

Meanwhile, others challenged Sun to focus on TRON and explore bringing decentralized finance (DeFi) to its ecosystem.

“Maybe start with how to make DeFi great on TRON – you should ask your exec team (and yourself), “Why is DeFi nonexistent on TRON despite it being the chain with the most stable coins on it?” If you answer this, maybe TRON can beat eth one day,” ZIGChain co-founder Abdul Rafay Gadit remarked.

Vitalik Buterin Defends Leadership Amid Criticism

Sun’s proposed solution aligns with Vitalik Buterin’s recent post discussing ongoing changes over the past year, some of which have already been implemented. Buterin emphasized goals such as strengthening the EF’s technical leadership and improving collaboration with ecosystem participants. He also addressed concerns, rejecting the notion that the EF might adopt centralized or politically motivated roles.

“…these things aren’t what EF does and this isn’t going to change. People seeking a different vision are welcome to start their orgs,” Buterin articulated.

Aya Miyaguchi, an EF executive, confirmed the ongoing efforts, expressing excitement about forthcoming announcements. She noted that the reforms aim to solidify Ethereum’s position as a global neutral platform while embracing decentralized and privacy-preserving technologies.

The announcement has stirred controversy within the crypto community. Critics argue that the current leadership has failed to manage Ethereum effectively.

“Respectfully, just let new blood take over. You guys can’t even make a simple Twitter account work—how can you be trusted to lead the second biggest blockchain,” Wazz posed.

Another user, Coinmamba, suggested that pressuring Miyaguchi to resign could result in Ethereum reaching new all-time high. Buterin strongly condemned these comments, defending Miyaguchi and calling out the toxicity of such social media rhetoric.

“No. This is not how this game works,” Buterin retorted. “The person deciding the new EF leadership team is me. If you ‘keep the pressure on,’ then you are creating an environment that is actively toxic to top talent. YOU ARE MAKING MY JOB HARDER,” the Ethereum co-founder lamented.

Buterin also refuted specific claims against Miyaguchi, pointing out inaccuracies in translations and misinterpretations of her statements. He reiterated the need for a “proper board” within EF to enhance governance.

ETH price Performance
ETH Price Performance. Source: BeInCrypto

Ethereum’s ETH token was trading at $3,305 as of this writing, representing a modest 0.2% surge since Wednesday’s session opened.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Dogecoin Holding Time and Whale Activity Spikes

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Dogecoin (DOGE), a leading meme coin, is signaling a potential breakout from its narrow trading range.

If this momentum continues, it could reclaim its multi-year high of $0.48, fueled by extended holding periods and increased accumulation by large holders.

Dogecoin Investors Reduce Distribution

The on-chain assessment of DOGE’s performance has revealed a significant spike in the holding time of all its coins transacted in the past seven days. According to IntoTheBlock, this has climbed by 302% during the review period. 

The holding time of an asset’s transacted coins represents the average duration tokens are kept in wallets before being sold or transferred. 

Longer holding periods like this reduce selling pressure in the DOGE market. This reflects stronger investor conviction, as investors choose to keep their coins rather than sell them. 

Dogecoin Holding Time
Dogecoin Holding Time. Source: IntoTheBlock

In addition to reducing selling activity, DOGE whales have increased their holdings over the past week. This is reflected by the 112% uptick in its large holders’ netflow during that period.

An asset’s large holders’ netflow metric tracks the movement of coins into and out of wallets controlled by whales or institutional investors. When this metric spikes, it suggests that these large holders are accumulating more of the asset, signaling increased confidence in its future price movement.

Dogecoin Large Holders Netflow
Dogecoin Large Holders Netflow. Source: IntoTheBlock

DOGE Price Prediction: Bullish Run Could Continue

If this bullish momentum is maintained, DOGE will extend its weekly 3% spike. As buying pressure strengthens, the meme coin could revisit its four-year high of $0.48.

Dogecoin Price Analysis
Dogecoin Price Analysis. Source: TradingView

However, this bullish outlook will be invalidated if accumulation stalls and selling activity recommences. In that scenario, DOGE’s price could slip to $0.29.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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