De.Fi 2.0: Revolutionizing SocialFi & Antivirus, Secures $5 Million in Funding

DeFi

Author

Fredrik Vold

Author

Fredrik Vold

Author Profile

Share

Copied

Last updated:

November 21, 2023 08:48 EST

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. Read more

De.Fi, a platform that describes itself as a “SocialFi & Antivirus SuperApp,” has achieved a major milestone with the introduction of decentralized finance (DeFi) platform De.Fi 2.0, along with an ongoing public sale of its DEFI token.

So far, the project has successfully raised $5 million, with the sale still open for users eager to join the 2.0 ecosystem.

Investments can be made either with crypto using BNB, USDT or USDC, or directly with a credit card.

Originating during the so-called “DeFi Summer” of 2020 as a community of yield farmers, De.Fi has now evolved, resolving multiple industry challenges and expanding its user base over 100 times in the past three years, according to Michael Rosmer, the project’s co-founder.

De.Fi’s contributions include defusing over 540,000 risk tokens, potentially saving a staggering $27 billion by identifying scams based on smart code, sometimes before a scam project even goes live.

The project has been supported by HOF Capital, one of the early investors instrumental in the success of Tesla and SpaceX, Rosmer said about his project’s backers in a video on the De.Fi website.

Other notable investors in the project include the venture arms of the crypto exchanges OKX, Huobi, and MEXC, as well as former directors from the top-tier exchanges Binance and Coinbase.