Placeholder Image

Subtitles section Play video

  • let's put that graph back up again and looked at this big, I see, oh boom, back in 2017, 2018.

  • And you know, I don't know about you, but I was being contacted by some, some people behind the scenes that we're trying to sell me some I C E O S.

  • Uh and it reminded me a lot of the dot com boom back in 1999.

  • And to just tell you a kind of a funny story, I remember I was in new york city and I was the CFO at 27 years old of a company called luxury finder dot com.

  • We just raised about 10 or $15 million from very wealthy people in new york city who had big houses in the Hamptons.

  • And there I was the CFO and I would hang out with my buddies.

  • We got two drinks, not just on weekends, but many nights of the week.

  • And I remember we started seeing these things happen where all these startups started happening.

  • There was pets dot com and Petco dot com and Petland dot com.

  • And all these random things that we're getting.

  • 50 $100 million of financing right?

  • There was dentist dot com and dental dot com.

  • And all these things started popping up And literally the business plan was four pages long.

  • It had nobody behind it and yet everybody was throwing their money at it.

  • And we saw a little bit of this happened in the I.

  • C.

  • O.

  • Boom and bust of 2017 and 18.

  • We saw many companies floating these unregulated I.

  • Ceos and of course there are really good because it is defi but they were initial coin offerings.

  • And what happened was this, it resulted in multiple over hyped projects.

  • They raised way too much money.

  • A lot of them all they had to show for it was a white paper shorter than the original Satoshi Nakamoto white paper, a Bitcoin or worse, a lot of these were playing old pump and dump scams, right?

  • If you want to know more about those, go watch the movie boiler room.

  • There are people that create things, they hype them up, the price goes up and then they all dump it when there are people trying to buy into something that doesn't exist and it was an unfortunate time and a lot of people got burned.

  • But honestly I think we learned a lot from that.

  • I see, oh era, we learned how to do due diligence, we learned how to look at what's behind a lot of these tools we learned for proof of concept and also I want to admit that a lot of great things came out of the I.

  • C.

  • O.

  • Boom and bust and a few big companies that are now massive today came out of that entire period.

  • One of those is a an incredible company.

  • I think we're gonna have the Ceo on here in a few more weeks.

  • That's it's an incredible platform when it comes to yield farming and some of the incredible things going on out there, we've got synthetics was created on the back of that, I see a boom and bust which creates incredible derivative instruments out there as well as the Khyber Network.

  • So there were some crazy, incredible new things that happened during that period defy which stands for decentralized finance.

  • This is a $9 trillion per year marketplace.

  • I want to talk about our brand new defy Academy.

  • Our first program is called the defi accelerator and we have been absolutely inundated with applications from around the world.

  • I'm gonna be talking about how you can profit from what I'm calling the greatest dislocation of wealth in human history, decentralized finance is already revolutionizing the world of finance.

  • You just don't know it yet.

  • I'm going to talk about the difference between defy and cryptocurrencies, there's a big difference.

  • I want to go into how to trade the markets.

  • It takes a lot of discipline, it takes emotional discipline, it takes intelligence.

  • It's not an easy thing to do.

  • I'm looking for a small group of people who want to actively participate in this upcoming defy revolution.

  • I'm looking for serious individuals only with real network who want to build this exciting financial infrastructure.

  • I'm looking for partners, collaborators, investors, colleagues who want to join forces and create real value and generational wealth.

  • If you're one of those people go to London feel that tv forward slash defy and submit your application now you've got a chance.

  • Life all comes down to a few moments.

  • You have a chance now to join me on this incredible adventure for the next 10 years.

  • It will change your life, the lives of your Children and grandchildren, maybe the life of billions of people on this planet.

  • What are you gonna do?

  • What's the choice that you're going to make?

  • Yeah.

  • Yeah yeah.

let's put that graph back up again and looked at this big, I see, oh boom, back in 2017, 2018.

Subtitles and vocabulary

Operation of videos Adjust the video here to display the subtitles

B1 defy incredible learned bust lot finance

What We Learned From The ICO Era ? - Brian Rose

  • 2 0
    林宜悉 posted on 2021/07/01
Video vocabulary