Posted 2 weeks ago | by Catoshi Nakamoto

Earlier this week, this writer interviewed DEFI For You in the Bitsquad, a new DEFI platform which among other things allows users to lend real-life collateral for crypto utilizing NFTs. Which, before this question and answer session even included tokenizing animals. However, after a long discussion, and a facetious threat to call PETA, William Gray DEFI For You’s Chief Marketing Officer (CMO) promised and reassured the Bitsquad that he would not tokenize cats or any living thing that breathes. DEFI For You is an awesome new DEFI platform backed by a solid team including a CEO, Adam Chaplin who formerly worked for Travala. Defi For You offers users access to – P2P lending, Liquidity pools, and both soft and hard asset NFT markets. William also gave away $500 to some lucky winners in the Bitsuqad. You can check out our full AMA with DEFI For You below!

defiforyou AMA RECAP: DEFI For You Offers A New Perspective On DEFI

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:07]
Welcome to our AMA with DefiForYou. Today, we are joined by DefiForYou’s CMO @cmo_defiforyou William Gray. Can you please introduce yourself and tell the Bitsquad a bit about your project?

William Gray – $DFY 🚀, [27.05.21 12:07]
Thanks for having me here. I’m Will, I’ve been the CMO of Defi For You since the beginning of 2021

William Gray – $DFY 🚀, [27.05.21 12:08]
I’m based in Hanoi, Vietnam, with the tech team and CEO, although I’m from the UK originally

William Gray – $DFY 🚀, [27.05.21 12:08]
I’ve been doing marketing for about 5 years, and like cats

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:08]
Hello Will, can you tell us a bit about your previous experience?

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:08]
[In reply to William Gray – $DFY 🚀]
Smart guy.

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:08]
[ 😂 Sticker ]

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:09]
[In reply to William Gray – $DFY 🚀]
I think you might be kissing up to me to try to get an easier AMA bucko.

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:09]
[ 👨‍💻 Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:10]
Sure mate, I was previously a journalist for a national magazine in Vietnam, and then worked for a newspaper.

After that I got into copywriting and content marketing and took the remote work route. Then I started doing digital marketing for eCommerce app developers (Shopify platform) then moved into Defi For You

William Gray – $DFY 🚀, [27.05.21 12:10]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
😅 Caught red handed.

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:11]
Very awesome!

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:11]
Where is DefiForYou based? And what is the goal of the project?

William Gray – $DFY 🚀, [27.05.21 12:12]
UK and Vietnam, the CEO and tech team are in Vietnam, and the CFO and pawnbroker side of things is done in the UK

William Gray – $DFY 🚀, [27.05.21 12:13]
Our CEO is Adam Chaplin, who was a co-founder of Travala.

William Gray – $DFY 🚀, [27.05.21 12:13]
Before that he was a Royal Marine Commando

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:13]
Very awesome so your project is heavily connected in the space.

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:14]
What blockchain is DefiForYou using?

William Gray – $DFY 🚀, [27.05.21 12:15]
Oh it deleted my answer 🙁

William Gray – $DFY 🚀, [27.05.21 12:15]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
Binance Smart Chain

William Gray – $DFY 🚀, [27.05.21 12:16]
Our project has several use-cases

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:16]
hold on

William Gray – $DFY 🚀, [27.05.21 12:16]
I’ll list them again:

– P2P lending
– Liquidity pool
– soft NFT market
-hard asset NFT market

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:16]
try now posting links

William Gray – $DFY 🚀, [27.05.21 12:16]
defiforyou.uk

William Gray – $DFY 🚀, [27.05.21 12:16]
Yayy that worked haha

William Gray – $DFY 🚀, [27.05.21 12:17]
Okay, so The P2P lending is the first step, this is between users and interest rates are negotiated

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:17]
[In reply to William Gray – $DFY 🚀]
I was going to ask use cases later on but let’s jump into that first before I ask my other question.

William Gray – $DFY 🚀, [27.05.21 12:17]
The liquidity pool allows for instant loans at fixed interest

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:17]
What use cases does DefiForYou offer users?

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:17]
[In reply to William Gray – $DFY 🚀]
Sorry haha

William Gray – $DFY 🚀, [27.05.21 12:17]
These are fairly familiar things – it gets more interesting when we bring hard assets to the blockchain via NFTs

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:18]
[In reply to William Gray – $DFY 🚀]
What is the difference between soft nft and hard asset nft?

William Gray – $DFY 🚀, [27.05.21 12:18]
We’re partnering with several pawnbrokers, auto garages, art galleries, and so forth to tokeize hard assets like watches, diamonds, cars, art, and so on

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:18]
Oh very interesting so tokenizing real world assets

William Gray – $DFY 🚀, [27.05.21 12:18]
Once they’re NFTed, they’ll be stored with our partners and traded and loaned against on the blockchain

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:19]
Very interesting…

William Gray – $DFY 🚀, [27.05.21 12:19]
Example, someone sends their Rolex to the pawnbroker.
they value it and NFT it, then put it on the platform to get a crypto loan against

William Gray – $DFY 🚀, [27.05.21 12:19]
If the borrower can’t pay back the loan, then the pawnshop has to keep the Rolex and sell it under the rules of the FCA

William Gray – $DFY 🚀, [27.05.21 12:19]
The FCA is the Financial Conduct Authority in the UK – we’re licensed with them and so are our partners

William Gray – $DFY 🚀, [27.05.21 12:20]
So for the first time, we can bring hard assets to the blockchain. It took quite some time to figure out the logisitics of it and it’s a little complicated to explain sometimes, but it’s been achieved!

William Gray – $DFY 🚀, [27.05.21 12:20]
And we’re very excitied about it

William Gray – $DFY 🚀, [27.05.21 12:20]
😁

William Gray – $DFY 🚀, [27.05.21 12:21]
Ready for your next Q 👍

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:22]
Sorry about that speaking of cats mine pulled out my laptop charger and I didn’t notice.

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:22]
[ 🤦‍♂️ Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:22]
Haha no worries

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:23]
[In reply to William Gray – $DFY 🚀]
Very interesting so can users purchase the underlying assets and borrow against their crypto to purchase them?

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:24]
[In reply to William Gray – $DFY 🚀]
Sounds very exciting.

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:24]
What other features does DefiForYou offer that separates it from the competition?

William Gray – $DFY 🚀, [27.05.21 12:25]
Yeah, so what we’ve noticed is that a lot of people – especially small businesses – don’t have cash at the moment, but they still have stocks, high-value goods, cars, property, and other things. So we’re allowing them to get crypto loans against that stuff

William Gray – $DFY 🚀, [27.05.21 12:25]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
Peer-to-peer loans are another unique feature

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:25]
Can you explain that a little more in-depth?

William Gray – $DFY 🚀, [27.05.21 12:26]
P2P lending is where all loans are directly between the lender and the borrower. They can chat with each other to negotiate the intersst rate, repayment times, and so on. They can agree to modify the contract if they want.

Users can list their desired loan or collateral, and then choose from the list of those uploaded.

William Gray – $DFY 🚀, [27.05.21 12:27]
This gives more choice, and also more competition to interest rates

William Gray – $DFY 🚀, [27.05.21 12:28]
Most lending protocols only do lending from liquidity pools these days. While Aave did actually started with peer-to-peer lending called ETHlend, but they struggled to get enough borrowers to join the platform – it was all just lenders.

That was years back. We’ve seen the DeFi market mature since then and there are many more users now. We’re confident we’ll have the liqudiity

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:28]
[In reply to William Gray – $DFY 🚀]
Interesting… is there any measures in place to prevent scammers?

William Gray – $DFY 🚀, [27.05.21 12:28]
DeFi For You also has some other unique features, like allowing people to NFT carbon credits and we’re also working on land too

William Gray – $DFY 🚀, [27.05.21 12:28]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
There are, seeing as everything is done via smart contract

William Gray – $DFY 🚀, [27.05.21 12:29]
Loans are collateralised, so lenders have to upload their money, and borrowers have to upload their collateral

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:29]
What is in place to prevent scammers?

William Gray – $DFY 🚀, [27.05.21 12:29]
If the borrower runs away, the lender has the collateral, which is worth more than the loan itself

William Gray – $DFY 🚀, [27.05.21 12:29]
Seeing as everything is done via smart contracts, it’s impossible to scam it

William Gray – $DFY 🚀, [27.05.21 12:30]
Example, say I have one BTC, and I want to borrow $30,000 USDT –

If I fail to pay back the $30,000 in time, the smart contract will automatically liquidate the BTC collateral

William Gray – $DFY 🚀, [27.05.21 12:31]
Some people get confused about why people would stake a higher value collateral than the loan value -so let me explain that too

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:31]
[In reply to William Gray – $DFY 🚀]
I see.

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:31]
[In reply to William Gray – $DFY 🚀]
Thats a good sigh of relief given the amount of scammers in this space.

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:31]
[In reply to William Gray – $DFY 🚀]
Makes sense

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:31]
I was wondering more about the physical backed assets like a watch or a car etc?

William Gray – $DFY 🚀, [27.05.21 12:32]
Say I bought BTC at $60,000, but now it’s worth only $39,000 .. all my money is in the BTC, but I really want to buy the dip, or maybe I need to pay some bills.

I don’t want to sell the BTC and make a $21,000 loss, so instead I finance it for a loan, and later pay around 5% interest

William Gray – $DFY 🚀, [27.05.21 12:32]
Then when the value of BTC goes back up, I still have that and I managed to pay my bills before as well

William Gray – $DFY 🚀, [27.05.21 12:32]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
Sure – let me explain

William Gray – $DFY 🚀, [27.05.21 12:32]
This comes down to our partners

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:32]
[In reply to William Gray – $DFY 🚀]
Yes I can see the use case

William Gray – $DFY 🚀, [27.05.21 12:33]
So lenders will work directly with our licensed partners, meaning the lenders themselves don’t actually hold the car

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:33]
ahhh okay

William Gray – $DFY 🚀, [27.05.21 12:34]
Instead, the borrower takes their car to our partner, who is FCA-licensed, and leaves it there (paying a small fee for storage as well). Then our partner NFTs the car and puts it onto the platform as collateral and our partner finances the loan

William Gray – $DFY 🚀, [27.05.21 12:34]
Then when the loan is settled, the person pays back the partner

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:34]
Is the partner only in UK?

William Gray – $DFY 🚀, [27.05.21 12:34]
Or if the loan fails, then the partner keeps the car, sells it, and spilts the profits with the lender

William Gray – $DFY 🚀, [27.05.21 12:34]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
At the moment yes

William Gray – $DFY 🚀, [27.05.21 12:35]
Obviously, there are issues with logistics with hard assets.. someone in France or Spain could send a watch or small item to the UK no problem

William Gray – $DFY 🚀, [27.05.21 12:35]
But people further away will rack up very high postal fees if they do that

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:35]
[In reply to William Gray – $DFY 🚀]
Very interesting and this ensures that everything is fair.

William Gray – $DFY 🚀, [27.05.21 12:35]
We will be expanding to bring in more partners – the pawn broker industry is quite close, so they know people around the world

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:36]
[In reply to William Gray – $DFY 🚀]
Yes

William Gray – $DFY 🚀, [27.05.21 12:36]
And of course, we need to work with partners in tightly regulated countries when it comes to hard assets, to ensure no one can scam

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:36]
[In reply to William Gray – $DFY 🚀]
Yes very important

William Gray – $DFY 🚀, [27.05.21 12:36]
We are talking to someone in New Zealand as well, and the US is definately available as well

William Gray – $DFY 🚀, [27.05.21 12:36]
the first phase will be the UK

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:37]
So starting off in the UK and moving to expand over time.

William Gray – $DFY 🚀, [27.05.21 12:37]
To set everything up – no plan survives first contact, so I’m sure we’ll learn some lessons along the way!

William Gray – $DFY 🚀, [27.05.21 12:37]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
Exactly

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:37]
Has DEFIForYou acquired any partnerships that you would like to highlight during today’s AMA?

William Gray – $DFY 🚀, [27.05.21 12:37]
Sure

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:38]
[In reply to William Gray – $DFY 🚀]
Right its all about a test run to tweak things as you expand.

William Gray – $DFY 🚀, [27.05.21 12:38]
We’re partnered with Cotswold Fine Jewelry Group in the UK, they own jewerly ourlets, pawnbrokerages, and a gold bullion business.

Miles Mann, the head of the group, is now coordinating the hard assets side of things in the UK and working to get other pawn brokers on board

William Gray – $DFY 🚀, [27.05.21 12:39]
It’s a simple case of planning, approaching, and then bringing them on. They can make fantastic business out of it so we’re very confident people will want to on board

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:39]
Very awesome! Any partnerships with other crypto projects?

William Gray – $DFY 🚀, [27.05.21 12:39]
We’ve also got another MAJOR partner in Europe, but we’re under NDA (non-disclosure agreement) about that

William Gray – $DFY 🚀, [27.05.21 12:40]
I’m not certain when that’ll be announced, but that’s a big one for us

William Gray – $DFY 🚀, [27.05.21 12:40]
Then we have Blockchain Developer Asia, which is a company we own 50% of – they house our tech team

William Gray – $DFY 🚀, [27.05.21 12:40]
They have 200 developers working on various projects, including ours

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:41]
Very awesome.

William Gray – $DFY 🚀, [27.05.21 12:41]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
Not yet – we are talking to some, but nothing offical yet

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:41]
So typically projects give an announcement during our AMA. Do you have anything that you want to announce today to the community?

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:41]
[ 🙏 Sticker ]

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:41]
[ 🥺 Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:42]
Of course, we will want to partner with other crypto projects, but we don’t just want them to be for the sake of it – we want the partnerships to bring real value to both sides

William Gray – $DFY 🚀, [27.05.21 12:42]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
Yes 😉

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:42]
[In reply to William Gray – $DFY 🚀]
Makes sense and that for me gains my respect instead of vapor wear partnerships.

William Gray – $DFY 🚀, [27.05.21 12:43]
So we’ve been developing the platform for some time now – It’s been along road but I can announce that we will be releasing the mainnet P2P lending platform, and the soft NFT market (for digital files like art and video) at the end of June

William Gray – $DFY 🚀, [27.05.21 12:44]
We had to push the release back a little, but now it’s come forward again after a reshuffle of the priority list

William Gray – $DFY 🚀, [27.05.21 12:44]
We’ll have the whole thing complete by December

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:45]
Very exciting

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:45]
[ 🥺 Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:45]
We also will be sending our CFO around Europe in a VW Campervan wrapped with our logo to meet the people who will use our product and partner with our project haha

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:45]
Anything else?

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:45]
[In reply to William Gray – $DFY 🚀]
[ 😂 Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:46]
I wish I could announce our next listing and this NDA thing – we’re in talks with two top-10 exchanges at the moment

William Gray – $DFY 🚀, [27.05.21 12:46]
We’re not allowed to release that info until they tell us we can

William Gray – $DFY 🚀, [27.05.21 12:46]
24 hours before the announcement we can share with our community, I believe that is the rule

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:46]
I understand. But I think there’s something you can tell us. Think hard…

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:46]
Do it for the cats!

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:46]
[ 🥺 Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:46]
We have a new CTO on board as well

William Gray – $DFY 🚀, [27.05.21 12:47]
His name is Jacob

William Gray – $DFY 🚀, [27.05.21 12:47]
(it’s midnight here, my brain is struggling 😂 )

William Gray – $DFY 🚀, [27.05.21 12:47]
Jacob is an expert all things blockchain and he has brought something VERY interesting to the table

William Gray – $DFY 🚀, [27.05.21 12:47]
It will change how the community who holds DFY can interact with the project and be a part of it..

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:48]
[In reply to William Gray – $DFY 🚀]
Success!

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:48]
[ 😂 Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:48]
One more thing –

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:49]
I guess ill let you go this time. But now you know if you come back, I want at least one BIG announcement. 😉

William Gray – $DFY 🚀, [27.05.21 12:49]
Actually, we already announced this, but the move itself led to soemthing else

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:49]
OOOOOH

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:49]
I am waiting…. 😉

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:49]
[ 😘 Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:50]
We recently signed a contract to buy up to $1 million worth of carbon credits over the next 5 years. This will be done as people make transactions on the platform.

this led to the realization that the massive carbon credits industry is ripe for NFTing. So now we can allow people to NFT their carbon credits and trade them instantly

William Gray – $DFY 🚀, [27.05.21 12:50]
This is big because the credits are often worth different values in different countries, which means you could buy some in Vietnam for $5 and sell them in the UK for $15, for example

William Gray – $DFY 🚀, [27.05.21 12:51]
It’s difficult to trade them at the moment, but thanks to NFTs this will change

William Gray – $DFY 🚀, [27.05.21 12:51]
Basically, if it stands, breathes, walks, flies, swims, or grows… then we’re going to find a way to make it into an NFT so someone can get a loan against it as collateral!

William Gray – $DFY 🚀, [27.05.21 12:51]
Or trade it

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:51]
[In reply to William Gray – $DFY 🚀]
Hmmmmm interesting…

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:52]
[In reply to William Gray – $DFY 🚀]
YOU CAN’T TOKENIZE A CAT WILLIAM

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:53]
[In reply to William Gray – $DFY 🚀]
[ 🤦‍♂️ Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:53]
There are so many things out there that can be moved onto the blockchain. to be quite honest, we feel that NFTs will actually be at lerast as big as crytpocurrency – not for the digital art, but for the validation of other goods and instant trading

William Gray – $DFY 🚀, [27.05.21 12:53]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
Hahahaha

William Gray – $DFY 🚀, [27.05.21 12:53]
That may be true…. or is it?! 😀

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:53]
Ill call PETA

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:53]
[ ❓ Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:53]
Don’t worry we’ll leave the animals out of it 😁

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:54]
[In reply to William Gray – $DFY 🚀]
Not according to this. =P “breathes, walks, flies, swims”

William Gray – $DFY 🚀, [27.05.21 12:54]
haha true, actually we’ll probably avoid NFTing anything alive.. that could end badly 😂 But anything else is fair game

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:56]
[In reply to William Gray – $DFY 🚀]
[ 😂 Sticker ]

William Gray – $DFY 🚀, [27.05.21 12:56]
Another interesting example is land. A person who owns land could essentially break it into 100 NFTs and begin selling them to allow others to invest in the land without having to buy the whole thing. It’s sort of like ‘Robinhood’ but for land instead of stocks

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:56]
[In reply to William Gray – $DFY 🚀]
But I wanted to put up my pet lion

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:56]
I don’t want the lion anymore you can have her.

William Gray – $DFY 🚀, [27.05.21 12:56]
There are many ideas, but first we want to get the whole thing up and running

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:57]
[In reply to William Gray – $DFY 🚀]
Oh yes land and real estate with NFTs is going to be epic.

William Gray – $DFY 🚀, [27.05.21 12:57]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
hmmm, first you have to send her to Vietnam

William Gray – $DFY 🚀, [27.05.21 12:57]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
Yeah, the potential is massive. Can open up the market to way more people and make the whole transaction process soooo much simpler

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:57]
[In reply to William Gray – $DFY 🚀]
Might eat the pilot and stewardess

William Gray – $DFY 🚀, [27.05.21 12:57]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
And think of the other pets in the storage area

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:57]
Really shes just a calico but she acts like a lion

William Gray – $DFY 🚀, [27.05.21 12:57]
They won’t stand a chance haha

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:58]
[In reply to William Gray – $DFY 🚀]
Defintely true.

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 12:58]
Where can the Bitsquad find more information about the project and keep up with recent news?

William Gray – $DFY 🚀, [27.05.21 12:59]
They can visit our website at defiforyou.uk

Or on facebook.com/defiforyouDFY
Twitter.com/defiforyou
https://t.me/DeFiForYou_English

William Gray – $DFY 🚀, [27.05.21 13:00]
[ Photo ]
And here’s a nice infographic haha

William Gray – $DFY 🚀, [27.05.21 13:00]
You can find the DFY token on CoinTiger, Hotbit, PancakeSwap, BakerySwap, and JulSwap

William Gray – $DFY 🚀, [27.05.21 13:01]
The token will be used for fees on the platform, and also those who hold more tokens will be able to recieve financing for a pawnshop, allowing them to lend out hundreds of thousands of dollars of partner money, and take some of the repayments as their own profit later on

William Gray – $DFY 🚀, [27.05.21 13:02]
We’re very much in the build-stage at the moment, but the build is coming along nice and is on-schedule

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 13:02]
[ 👍 Sticker ]

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 13:02]
Wonderful

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 13:03]
Anything else you would like to highlight today for our community that we didn’t touch on already before I open the floodgates for user questions?

William Gray – $DFY 🚀, [27.05.21 13:03]
We’re in this for the long run, so if you’re looking for a pump and dump, we’re not for you, but if you’re looking for a project with massive growth potential and a platform that can surive the storm, then check us out

William Gray – $DFY 🚀, [27.05.21 13:03]
[In reply to The Cat 🐱 Head Admin Of BitboyCrypto Check The @]
I think we’ve covered the basics, I’m eager to meet your community!

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 13:03]
[In reply to William Gray – $DFY 🚀]
Amen

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 13:03]
[ 🥳 Sticker ]

The Cat 🐱 Head Admin Of BitboyCrypto Check The @, [27.05.21 13:04]
Opening the floodgates get your questions ready setting a 30 second interval. Please don’t spam. Ill pause the channel in five minutes so @cmo_defiforyou can answer questions and choose the winners of today’s AMA.