Prophecy DeFi – the exciting tech player poised to become the ‘Goldman Sachs’ of the new financial system
PROPHECY DEFI INC. CSE:PDFI
When you go into Starbucks and tap your card to pay, you might think it’s a pretty seamless transaction.
The money goes from your bank straight to Starbucks, right?
Unfortunately, it’s not nearly as simple as that.
In fact, there are countless stages to the transaction—it goes through the card processor, through the vendor’s bank, through a clearing house, through your own bank, and so on.
Why do you need all these bits in the middle?
Why can’t you just swap your money for the product?
Well, it’s because, up until very recently, the only way to keep a unique record of such transactions has been to store them all centrally.
There needs to be a central—and agreed upon—record that confirms the $5 you paid for your Starbucks hasn’t been used to pay for something else.
It’s the same for any financial transaction.
This is why we have banks, clearing houses, brokerages, stock exchanges…the list goes on.
They’re all essentially ‘middlemen’, processing the transactions you make and storing a record of them on a centralized system.
Of course, these middlemen cost you and the vendor money. They also slow things down. And—as is being discovered more and more these days—they are often vulnerable to being compromised and hacked.
This is a problem.
But Decentralized Finance aims to solve it.
In fact, the ‘DeFi’ industry (‘DeFi’ just stands for Decentralized Finance) is set to turn the whole financial system on its head and create a new trillion-dollar market in the process.
Getting into this megatrend on the ground floor could prove to be extremely profitable for smart investors.
And one exciting new company offering exactly this sort of exposure—while also using it to generate outsized returns—is Prophecy DeFi.
READ OUR EXCLUSIVE REPORT to learn more about the game-changing DeFi trend and how Prophecy DeFi is offering investors exposure
Why DeFi could become the means by which all financial transactions are conducted
As Prophecy DeFi’s CEO, and veteran of the banking industry, John McMahon points out himself- there is a big change coming to how the financial world works.
No matter how difficult it might seem right now, the financial system will be transformed over the coming years. It might happen sooner than we think as well.
It’s all down to something you’ve likely heard spoken about before:
Problem is, talking about blockchain technology can get very complicated, very quickly.
But here’s a simple way to think about it:
In the future, thanks to blockchain technology, when you pay for your Starbucks, you will effectively be able to transfer your money directly from your account to Starbucks—without the need for any middlemen.
You see, because of the trustless, peer-to-peer way blockchain technology works, there won’t be any need for institutions like banks to keep a centralized record of transactions.
The blockchain stores all the information that’s needed.
And it’s decentralized, too. In other words, the information isn’t all stored in any one place that can be easily tampered with. Instead, a blockchain is stored and maintained across many computers and linked together though a peer-to-peer network. Blockchains are made up of “blocks” of transactions, that quite literally date back to the beginning of their creation. And this chain is both completely transparent and immutable, which is important for maintaining a record of transactions.
This decentralized nature also means a blockchain is much harder to hack as the users of the network agree to approve, or authorize the next block of transactions. Plus, because it means you can skip out the middlemen, transactions can be done much more quickly while incurring fewer costs.
Of course, it’s still pretty hard to get your head around. And for many—investors and companies alike—this is one of the key barriers to entry right now.
But Prophecy DeFi is overcoming these barriers in a big way.
In fact, the grouppresents a unique opportunity for smart investors looking for exposure to the DeFi market at this early and exciting stage.
And make no mistake…
This change is happening. Slowly but surely, we are set to see the financial system evolve around us.
As it does, new leaders like Prophecy DeFi will emerge that dominate the space and take the place of more traditional companies too slow to adapt and embrace the technology.
Indeed, Prophecy DeFi could be poised to become the Goldman Sachs of the new financial economy.
How Prophecy DeFi is providing smart investors with access to this growing industry
PROPHECY DEFI INC. CSE:PDFI
Founded by John McMahon—who has decades of experience working in banking and the financial sector—Prophecy DeFi aims to provide investment and support to technology companies that will ultimately be the architects of the new Decentralized Finance (DeFi) industry.
To help him and Prophecy DeFi do this, as well as putting together an extremely driven and ambitious management team, and establishing an insightful and experienced board, Mr. McMahon has also brought on Alex Tapscott as Chairman of its Advisory Committee.
This in itself is a big signal of intent.
As well as being the co-author of the best-selling, go-to book on blockchain technology (Blockchain Revolution), Tapscott is the Managing Director of Ninepoint Partners’ Digital Asset Group; an already hugely respected thought-leader in the DeFi space.
Not only that, but Tapscott is also a co-founder of the Blockchain Research Institute, which Prophecy DeFi has also now joined.
This membership opens up the door to a research library of 100+ projects and a global community of blockchain innovators, experts, builders, and thought leaders spanning more than 90 of the world’s leading enterprises, governments, associations, and technology platforms.
By leveraging the insight and experience of the management team, people like Tapscott, and groups like the Blockchain Research Institute, Prophecy DeFi has emerged as a global thought leader on the future of Decentralized Finance.
Prophecy DeFi has already made one key investment in a leading blockchain technology company, Layer2 Blockchain Inc. (or “Layer2”), which will play an integral role in unlocking DeFi’s potential. Prophecy DeFi acquired an initial 60% stake in July and anticipates acquiring the remaining 40% within 6 months.
Layer2 is one of the pioneers in its field and its co-founder, Andrew Young, is perhaps one of the most experienced developers in the DeFi space. The work Layer2 is now doing in establishing the technology and the future of DeFi puts it firmly at the forefront of the industry and, by extension, gives Prophecy DeFi a huge first-mover advantage.
Not only that, but Layer2 is able to take advantage of opportunities that—due to a lack of technological know-how—virtually no other firms are able to exploit. Perhaps most excitingly, this includes providing liquidity to early traders in the DeFi space.
Layer2’s business segments
It’s something that is already helping to generate significant revenue, but the true potential is still yet to be realized.
Indeed, the whole DeFi space is set to explode.
Bear in mind that much of this technology simply wasn’t available or understood by anyone even just 12 months ago…
Yet in that time alone, the DeFi market has already grown from less than a billion to more an estimated $60 billion, or 60x.
And this is just one part of the bigger crypto-assets market that is now valued in the trillions.
Still, this is just the start for DeFi…
For a deep dive into Prophecy DeFi’s plans to ride the rapidly-emerging and hugely exciting DeFi trend, DOWNLOAD OUR EXCLUSIVE REPORT
Prophecy DeFi is perfectly positioned to rise up on this brand-new wave of wealth
From here, the plan for Prophecy DeFi is to continue to place strategically focused investments in companies that complement Layer2’s work and help to build and support an entire ecosystem of blockchain-driven technology in the DeFi space.
The fact is, in the new decentralized financial system, it will be pioneers like Prophecy DeFi who are able to carve out a leading role now who will be most successful in the future.
And what’s particularly exciting is that Prophecy DeFi is one of the few ways—perhaps the only way—that a smart investor can get exposure to this game-changing industry on the public markets with reliability, credibility, and regulatory assurance that is otherwise so lacking in this space.
Prophecy DeFi itself is a well-funded company (having recently completed three fund-raising rounds), and with the likes of Alex Tapscott of Ninepoint Partners, and Andrew Young of Layer2, who are involved in helping identify the right investment decisions…
It is on course to become a dominating force in the DeFi industry.
Smart investors will be quick to seize this opportunity and to give themselves a foothold in what is poised to become the financial industry of the future.
IMPORTANT NOTICE AND DISCLAIMER
This communication is a paid advertisement. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the “Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Prophecy DeFi Inc. to conduct investor awareness advertising and marketing and has paid the Publisher the equivalent of two hundred and sixteen thousand US dollars to produce and disseminate this and other similar articles and certain related banner advertisements. This compensation should be viewed as a major conflict with the Publisher’s ability to provide unbiased information or opinion.
CHANGES IN SHARE TRADING AND PRICE
Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to adversely affect share prices. Frequently companies profiled in our articles experience a large increase in share trading volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur.
NO OFFER TO SELL OR BUY SECURITIES
This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security.
Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position.
This communication is based on information generally available to the public and on an interview conducted with the company’s CEO, and does not contain any material, non public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. Further, the information in this communication is not updated after publication and may become inaccurate or outdated. No reliance should be placed on the price or statistics information and no responsibility or liability is accepted for any error or inaccuracy. Any statements made should not be taken as an endorsement of analyst views.
NO FINANCIAL ADVICE
The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser. The Publisher has no access to non-public information about publicly traded companies. The information provided is general and impersonal, and is not tailored to any particular individual’s financial situation or investment objective(s) and this communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor or a personal recommendation to deal or invest in any particular company or product. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results.
FORWARD LOOKING STATEMENTS
This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. Statements in this communication that look forward in time, which include everything other than historical information, are based on assumptions and estimates by our content providers and involve risks and uncertainties that may affect the profiled company’s actual results of operations. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance to differ materially from any future results or performance expressed or implied in the forward-looking statements. These risks, uncertainties and other factors include, among others: the success of the profiled company’s operations; the size and growth of the market for the company’s products and services; the company’s ability to fund its capital requirements in the near term and long term; pricing pressures; changes in business strategy, practices or customer relationships; general worldwide economic and business conditions; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the company’s business.
INDEMNIFICATION/RELEASE OF LIABILITY
By reading this communication, you acknowledge that you have read and understand this disclaimer in full, and agree and accept that the Publisher provides no warranty in respect of the communication or the profiled company and accepts no liability whatsoever. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions.
All trademarks used in this communication are the property of their respective trademark holders. Other than valuethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks other than valuethemarkets.com.
valuethemarkets.com and Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.
ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. ValueTheMarkets have been paid to produce this piece by the company or companies mentioned above. Digitonic Ltd, the owner of valuethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above.