The Super Apps will be based on public blockchains such as Ethereum and smart contracts, allowing users to access financial products not controlled by a single intermediary.
The blockchain and web3 will change the internet as we know it, it will happen in the acceleration of our time. Just as the Internet has revolutionized the way we transfer information, Blockchain technology is revolutionizing the way we digitally own, interact, and exchange value. However, contrary to the core idea of this open and inclusive financial system, the world of DeFi today is not accessible to ordinary investors due to its highly technical nature and complex interfaces.
The main problem is that it is built mainly by crypto-natives for crypto-natives, we will have to build a simple and user-friendly access layer to democratize access to the decentralized economy for people all over the world. Especially in wallets that allow you to have first experiences, but also the mobile experience which is far from optimal. In 2021, the number of Internet users worldwide stood at 4.9 billion, meaning that nearly two-thirds of the world’s population is currently connected to the World Wide Web. Of this total, approximately 92.6% ( 4.32 billion) access the Internet via mobile devices.
Over the next decade, decentralized blockchain protocols are expected to invade and take over the incumbents of the world’s largest digital industries such as financial services, gaming, media, identity, payments…
Yuzu
The startup is registered as a PSAN (Digital Asset Services Provider) with the Autorité des Marchés Financiers. A few months ago it launched its first product, the Livret yuzu, offering an eco-responsible investment of 6%. To generate returns, Yuzu converts the entrusted funds into stablecoins (stable cryptocurrencies whose price follows that of the dollar or the euro) to invest them in DeFi (decentralized finance). Funds are available at any time, at the time of a transfer.
The app offers liquid staking (a fund locking mechanism used in cryptocurrency by holders of currency to obtain remuneration in exchange) of different cryptocurrencies (ETH, DOT, etc.) and stablecoins, with yields between 2.5 % and 10%, to optimize the remuneration of those who already own cryptocurrencies. The purchase-sale-exchange, which allows you to buy, resell or exchange cryptocurrencies, based on a selection chosen by the yuzu teams on the basis of their energy impact (December 2022) and finally the decarbonisation of investments through projects (reforestation, methanation, reuse , etc.) in France, measured, monitored and labeled low carbon by the Ministry of Ecological Transition. The interest generated by yuzu’s investments will be used to finance eco-responsible projects, which work in particular for the reforestation of French forests, as well as to encourage social and sustainable initiatives. For this, yuzu is supported by a specialist in the sector: Stock CO2.
By listening to the audio pellet below, you’ll understand why this application wants to become a superapp!
News bulletin
Continued in this week’s Newsletter 11:
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- Collection with Midjourney
- Yuzu, the next “lydia” crypto
- 🎙️ Audio tag (22 min): Discussion with Stanislas de Quénetain, co-founder of the Yuzu platform.
We answered some questions, such as FrWhy is the cryptocurrency crisis not a blockchain crisis? What position of the Central Bank towards cryptocurrencies? etc.
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- 2022 was a big year for Tezos in terms of adoption
- Store evidence in the blockchain
- 1ʳᵉ Decentralized fractional NFT platform on Tezos
- China launches non-fungible token market
- What will become of Ethereum in 2023?
- The future of our digital identity, are you ready?
- An open source blockchain platform
- Understanding the sharecropping ecosystem The sandbox
👉 🗞️ News (7)