I Bought This New DeFi Altcoin For 2024!

What is up? I am Crypto Mason and welcome back to the Crypto Mason YouTube channel. Shout out to the Gold Squad. We look for gold in every single aspect of our lives and we always find it. Now today we have a deep dive on a brand new crypto project. Actually not that new, they've been building for a very long time, um, but they are just now really getting that launch buzz building. We're going to talk about D.FI. Buy inside of today's video. If you watch until the end, you will get a comprehensive breakdown of this project, and we will also be live buying one of their tokens or some of their tokens, uh, inside this video. I'm gonna explain to you why I am personally bullish on this project, and we're gonna go over everything. So make sure you drop a like and comment. As the Crypto Mason channel grows, we will be doing more and more deep dives into projects dedicated deep dives like this video. But let's get into it. Here is the d.fi website. So their domain is actually d.fi. So they are kind of like— they are DeFi. And they say that they are not just leading DeFi, they are DeFi 2.0. So what actually is the project? The project is a super app. Okay, I love these super apps that are starting to build in the crypto space. And we're going to go through why and how they have a lot of credibility in this space. But just to sum it up, essentially they have a social profile, they have a portfolio dashboard, there's yields, uh, they also have the first antivirus, Web3 antivirus scanner that you can use. We're going to show you how to use it. We're also going to show you the social profile and the portfolio dashboard that they've built. Also, they have 3 other things in progress here, including first, uh, DeFi First GPT, uh, DeFi Connect, and DeFi Layer 2. So let's just go through kind of who they're backed by and the credibility that exists here. So they are backed by the best investors in the world. You guys can see some of the venture capital firms that are behind this project and investing in this project. They also are backed by some very powerful people, including the former Binance director. And then you also have Justin Lee from Coinbase Ventures, Dean Thomas, who's the head of institution at Polygon, ex-Huobi guys, founder of Synthetix, founder of Paraswap, and then Dragonfly Capital. They also are integrated with several exchanges here. But also some of these exchanges have invested in them, including OKX, Huobi— excuse me— MEXC, and you have BitMart there. So if we keep going, it says, proud to be in the company of titans, um, and the venture capital investors behind SpaceX and Tesla have joined d.fi in our journey to a bright future of Web3. 3. They've been endorsed by these universities, and then they go on to continue to really display their credibility. But this is essentially what they are. As you can see, uh, D.FI in the middle, and they have all of these different products and services that they're building. It is a super app, right? They're even showing off a potential card, uh, coming soon, a credit card, uh, right there, which is very cool. Uh, but this is a super app and they are building. They have a team of 50+ members. Team of 50+ people has been building for 4 years. You guys can see this Yahoo Finance article right here that came out a few days ago. Uh, d.fi 2.0 sold out instantly for a $1 million round. OKX and Binance and Coinbase directors are among their investors. So they keep building very innovative products. We're going to show you some of them, uh, coming up here. But they've been building, and you know, the Twitter— if you guys look at the Twitter, they're at 130,000 almost followers right there. You can see, you know, a lot of the people that I follow, um, are following them. There's like 75 people, uh, and companies that I follow that are following d.fi. And you guys can see, you know, very active doesn't look like they're faking any numbers. I hate when, when companies fake numbers, but they, they've had a very successful social media buzz on top of building all these products. Now let's talk about what's going on with the token here at the top of the website. Uh, basically after 4 years of development, um, the DeFi token is out right here. You can choose your vesting plan, um, which means like how, how how long your tokens are locked up for. Um, so right here you got two options. Uh, with this option you're paying 0.30— 0.5 cents, so basically, you know, 35 or 30 cents per token, but you get 30% of it unlocked at the token generation event. Um, and then the remaining 70% is unlocked over 4 months. Okay, this is how vesting works. Vesting is something we haven't talked about too much on the channel yet, but we will be, you know, educating you guys on what goes on with these token generation events, uh, on the channel. So this one, you can pay 27.5 cents per token, but your tokens are vested over 4 months. So essentially what this means, let's say I put $1,000 into DeFi tokens with this option. This means that every day for 4 months, a portion of my tokens will unlock. Okay, with this option, you get 30% of your total tokens as soon as the token launches. You get 30% right away given to you that you paid for, uh, and then the remainder is daily unlocked to you. So they allow you to buy with crypto or buy with card here Obviously I'm going to recommend, if, if you want to, uh, research this project and if you want to get into it, you know, I recommend buying with crypto so you don't get wrecked, uh, with fees. We are going to buy some of the token live on camera, uh, here in a second. They've already raised $1.2 mil right there, um, and then until the next price there's 9 days. Okay, current price is $0.305. So let's take a look at the dashboard here. I've made my account. You guys can use the invite link in the description to sign up your account. So I've got @MasonVersluis right here. I'm an early adopter. If you use that link, you will also get the verification badge with the early adopter badge going on. So essentially this is the dashboard, right? So you have home, which is basically your portfolio dashboard. You guys can connect any wallets you want right here. I've connected just a fresh MetaMask wallet here. You can view all your transactions. This extends across all chains, so they've integrated with 43 chains and 391 protocols. So this means that if you have money through your MetaMask that you're staking on like Polygon Network or anything, it will show here. You also have the leaderboard, which basically shows, you know, the who's reigning supreme in the realm of DeFi influence, you can check out these people's accounts right here. There's also a referral link if you want to get your friends on the platform as well. And then over here, if we go down, you have the scanner option. Now this is, uh, their antivirus basically scanner, uh, for crypto. Now let's just type in— let's type in QNT, like let's go and scan the Quant, uh, token. So if we go here, you can see Quant pops up, and then boom, you can see when it was deployed, you can see the project age, you can see the token holders. But best of all, they basically do a comprehensive audit right here of the actual, uh, smart contract. So right here you can see Quant scores a 100 out of 100. So if you guys are dabbling in meme coins or anything, you know, you can put the address in and get that scanned and really check out the DeFi, uh, DDoS score right here. And you know, some of these won't look so good, right? If you put in some sketchy tokens, it will show you what's exactly wrong with it. It also shows the top 10 holders over here. So very, very cool, uh, scanner product, uh, right here. You can also see some very But I'm going for the more of a long-term hold here. Let's click Buy Now, and it's going to show you your vesting plan, what you pay, the price you're getting in at, uh, and then what you're going to receive. So, so I did have to lower my amount here just to cover the Ethereum fees. Ethereum is so trash, bro. $5 in Ethereum fees. Let's confirm, uh, and boom, the transaction has been initiated. and we're going to wait for that to confirm here. I believe this is my first time buying, uh, any tokens through here, so I'm going to see how this works. You can also view your transaction history there. Let's click that. And yes, boom, we have the purchase right there. And there it goes, we are confirmed. So essentially, you know, once we— once this token launches, every single day we're going to be getting a portion of our tokens unlocked. Uh, and so that's over 4 months. Uh, so let's do the math, right? So, you know, 4 months is average 30 days, so we got 120 days of vesting. Um, so we're gonna take 839 divided by 120, okay? 839 divided by 120. So this means every single day we're gonna get paid out 7 tokens, okay? 7 tokens as we go. And for me, I'm just going to let that sit, right, as a long-term hold. I'm going to let it sit, and hopefully, you know, whatever happens, happens. Okay, so that is all we've got. I love every single one of you. Make sure you go and check out the d.fi project. This was a little deep dive into it. Thank you to d.fi for sponsoring today's video, but drop a like and comment, join the Gold Squad Discord, and goodbye.