Chainlink (LINK) founder Serget Nazarov believes that the DeFi space has much more to grow, according to a Twitter post. The DeFi space had already been experiencing sizable growth since the start of 2019, but the launch of several assets and services in the month of June 2020 has accelerated the niche's growth even further. According to Defipulse, the market cap has more than double in less than 30 days - it was just over $1 billion on June 16 and is currently $2.15 billion at the time of publishing. The market's growth has been bolstered by the arrival of yield farming programs like those offered by Compound Finance (COMP) and Balancer (BAL), with Kyber Network (KNC) joining in most recently with its KyberDAO launch. Wrapped Bitcoin (wBTC) has also contributed towards the migration of DeFi services. Wrapped Bitcoin is essentially a bridge between Ethereum (ETH) and Bitcoin (BTC), an ERC-20 token backed 1:1 by Bitcoin. Bitcoin holders have been moving their assets to Ethereum and reaping the benefits of passive income. Chainlink is one of the DeFi space’s most prominent projects, providing real-world data feeds to dapps via its oracles. Numerous other projects have leveraged its technology to improve the dapp experience for developers and users. Nazorov refers to this in his tweet, saying that there has been an increase in both the teams using the feeds and the amount of on-chain data.  Since the start of Q2 2020, Chainlink has been integrated by Tezos community projects and Kaden, a project launched by former JP Morgan Chase engineers. Furthermore, China’s national blockchain network has activated 135 nodes on the network, which sparked a LINK price rally to an all-time high. Huobi Wallet has also become a Chainlink node. Chainlink was also recognized by the World Economic Forum (WEF), along with Maker (MKR), as a technology pioneer.

This post might be a bit sad, so if you might prefer to stop reading at this point. There is a saying "show somebody the door" which means to make it clear that someone is not welcome and should leave (Longman dictionary definition). Some of you had similar situations (either in work or in relationships with people). Yesterday I gave the keys from my office and as a farewell took a photo of my crypto door. I even remembered that a year ago when I founded a literature crypto bar, we had a lot of stickers there as well. When I had to leave that place in September 2019, of course, I didn't put off the stickers. Few days ago I was in that neighborhood, and I saw that the door was open (probably they were making some reparations) and I noticed that stickers are still there. So in September 2019, the bank which became the owner of the real estate showed me the door, and I had to move all the things and books into the office (something I put at home). So my 2 room office was full of chairs, books, glasses, drinks. The cryptodoor of Knygarium reminded me about the lost hopes to create the cult place of synergies between crypto-community, art, and creative economies. And this crypto-door reminded me of the times when I started to rent this office in 2016 or 2017 with the hope of developing a bigger team there, expand into other rooms, or maybe even create a Hub there. While in fact, I worked there alone and then I allowed local publisher to keep there his books for free. Then, after the end of crypto bar, I had to move there different things so it became very packed and not so comfortable to work. I paid something around $180/month for 25 square meters (the room was separated in 2, and this door you see was the door between the rooms). But now I understand that it's time to give up on this office. I spent all my crypto-reserves and understood that most of my plans from big (to build Crypto-vertex, crypto-valley) to small (find good crypto-project to work with) probably won't be fulfilled. Yes, there is always a chance, but for this time it's better to cut expenses as much as possible. All these stickers on the door are presents from people and from several crypto-conference which I visited worldwide. Some of those projects ceased to exist, some fell very low in price, while others are growing and you know them well. This crypto-door, or even the photo of it, as I won't see it anymore - remains the symbol of lost hopes for me. How do you rate this article? Flodner Flodner Blogger, CRYPTOTEXTY activist, blockchain industry enthusiast, supporter of Bitcoin, TELOS, EOS, Gridcoin, Zen, NEO, TRON, Tezos, Remme, NEM, Steemit, and more) Crypto Projects Information Crypto Projects Information Here I will post information about different crypto-projects You’ve now reached your maximum number of daily tips, you must now wait until the timer expires before you can send another tip.