The Future Is Very Bright for This Ethereum-Based DeFi Ecosystem, Says Host of InvestAnswers

The Future Is Very Bright for This Ethereum-Based DeFi Ecosystem, Says Host of InvestAnswers


A popular crypto analyst is comparing a decentralized crypto exchange (DEX) to traditional finance (TradFi) marketplaces in an effort to calculate its real-world value.

The anonymous host of InvestAnswers tells his 443,000 YouTube subscribers that he wants to see how the decentralized finance (DeFi) platform Uniswap (UNI) stacks up against two mainstream stock markets as well as the centralized crypto exchange Coinbase.

“Comparing Uniswap to TradFi exchanges. That’s how I do a lot of my valuations. I say, ‘What would it be worth in the real world?’

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I pulled up New York Stock Exchange [NYSE], Nasdaq, Coinbase and Uniswap. I took their market caps, took their revenue, and divided market cap by revenue and got different ratios.”

The analyst notes that Uniswap, with a $6.7

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