DeFi Crypto: Making The Impossible Possible - with 8-Bit Alex
This time round, Ellie presents a fascinating episode that will innovate the entire crypto space. This is not just those of you who may already have dipped their toe into the world of cryptocurrency investing, but also those who may have become aware of the value in doing so, but haven't yet taken the leap. Joining Ellie to talk all things crypto, is 8-Bit Alex, the co-creator of exciting DeFi project, Redlight Node District, aiming to revolutionise the industry with their gasless blockchain and ability to guarantee the returns of their investors regardless of the market conditions. The team at Redlight Finance are making the impossible, possible. They said it couldn't be done and yet here we are! Alex takes the time to explain some of the foundations, principles and guiding tenets of cryptocurrency in the aim of simplifying your route into crypto investment, as well as sharing details of what his incredible new system will be bringing to the crypto space. KEY TAKEAWAYS DeFi stands for Decentralised Finance. Cryptocurrency is, at its foundation, an encrypted version of a currency. Over 51% of crypto is "controlled" and therefore cannot be correctly deemed to be DeFi. A node is a software of validation. Instead of being two machines that communicate with each other, a node consists of two virtual machines, or command prompts, that confirm information on the blockchain. There are always risks in any kind of investment base. Crypto is more volatile than most, but the opportunities it presents for growing your initial investment capital can make the risk far more worthwhile. The majority of the money in the world is in retail investing, which is far less time-consuming for many than researching and studying cryptocurrency, even though many would like to. Alex and RND hope to reach that audience by offering a broad range of products, and offering a decentralised exchange, meaning 100% security. BEST MOMENTS 'Crypto started as cryptography - encryption between two things is basically what crypto is' 'The thing about crypto when compared to the real-estate market, is that it's a lot more volatile' 'My mission is to provide a passive incomes stream to anybody and everybody who involves themselves in our project' 'We're trying to come out with a range of projects that will capture a broader audience' VALUABLE RESOURCES On A Mission - https://omny.fm/shows/on-a-mission 8-Bit Alex LinkedIn - https://www.linkedin.com/in/alexandre-van-hulle-95b249197/ 8-Bit Alex Twitter - https://twitter.com/the8bitalex ABOUT THE HOST The On A Mission Podcast brings you Ellie Mckay's no holds barred chats with some of the UK's top business leaders, entrepreneurs, celebrities, athletes, top thought leaders, influencers and mindset experts. On a Mission is for unconventional thinkers that want to challenge the status quo. For all those people on a mission to live their best lives and take control of their own destiny. Ellie is a straight-talking, successful property entrepreneur who passionately believes that everyone has the power within themselves to transform their lives no matter what their situation. As a mumpreneur with 3 young children and multiple businesses, Ellie likes to keep it real with her no-bs insights and share the things that have helped her achieve the level of success she has enjoyed to date. CONTACT METHODS: Website: www.elliemckay.com Linkedin: Linkedin.com/in/ellie-mckay/ Facebook: Facebook.com/ellie.mckay.3150 Instagram: https://www.instagram.com/onamissonpodcast/ YouTube: https://www.youtube.com/c/EllieMckay Clubhouse: @ellie83See omnystudio.com/listener for privacy information.