We believe in the power of ‘why’. This piece answers some basic why’s and showcases the reasons PhutureDAO will lead in indexing the token economy.
Emerging sectors within the crypto sphere are starting to show real promise. We believe that the token economy has many use cases and possibilities. That’s why we are focused on building an index creation and investment platform that emphasises a permissionless structure and allows for our index products to evolve with the token economy.
With the recent increase in price there has been renewed interest in crypto assets. We are seeing non-crypto users as well as traditional finance have an increasing appetite for knowledge and understanding of this space. This results in more capital inflows and more individuals wanting to share in the development of the token economy.
At this current point in time we are seeing constant innovation around investment products, from options trading to highly leveraged decentralised platforms. With this, we are seeing a huge need from the crypto and non-crypto investment community for an open and decentralised index platform that people can create and build investment products upon.
This is in line with the constant improvement of the UI/UX of crypto products. Ultimately, crypto is becoming more user friendly and as a result it’s now possible to build decentralised applications with slick user interfaces, rich analytics and responsive user experiences. This inevitable progression has created the opportunity for PhutureDAO to build a product that offers many of the advantages of a centralised experience with the innovation and security guarantees that a decentralised backend offers. This is paramount to our mission of inviting a new non-crypto cohort into our ecosystem.
Now let’s ask the question “why now for a decentralised crypto index?”. Index investing hasn’t seen a technological update since 1975. The question we ask ourselves is: “D...