During BUIDL time, we can develop ourselves by reading articles and threads related to Web3, tokenomics, GameFi, DeFi, etc.
I will share my daily readings so that everyone can benefit😍
In this thread, you can follow what I read today🧵
A great article by @DeFianceCapital on the evolution of the gaming sector from 'pay to play' to 'play to own', a new concept developed by taking into account the failure of play to earn model.
1/ #DeFi reached its peak in December 2021, earning a staggering $247.96 billion of TVL🤑
However, DeFi has suffered dramatically due to all the macroeconomic conditions and the rise in hacks and exploitations, with TVL falling to a low of $67.46 billion in June 2022
2/ According to the report, to bounce back stronger from the current state, there are 3 main points that must take place in #DeFi ecosystem🚨
Without achieving these points, DeFi can't reach its full potential✨