Streakk — the leading crypto platform in the market, is on track to unlock the potential of crypto. Streakk aims to create the future of finance by maximizing the potential of crypto, thus offering a stable passive income to crypto investors of all experience levels.
According to the research, the Decentralized Finance (DeFi) crypto market cap is estimated at $131 billion, at the time of writing.
Clearly, the DeFi sector is gaining massive popularity as it continues to offer decentralized financial services with high yields to crypto investors.
Over $1 trillion in crypto sits idle in centralized exchange accounts or wallets – with the value of these assets projected to grow more than a staggering over $5 trillion by 2025.
Yet, while investors watch the value of their portfolios increasing or decreasing every day, they fail to make their crypto work for them.
Consequentially, they squander the huge opportunity of putting their highly-valuable assets to work for them.
Centralized exchanges have consistently shown that they can’t be trusted with the custody of their users’ cryptocurrencies. As a result, staking crypto on these platforms goes hand-in-hand with the risk of their account being hacked – and the loss of their entire portfolio. As it stands, crypto
exchanges get full control over their users’ funds and they’re left with no option other than to trust them.
Challenges Currently Faced By the Crypto Space
Huge, Idle Crypto Funds
Over $1 trillion in crypto sits idle in centralized
exchange accounts or wallets – with the
value of these assets projected to grow more
than a staggering over $5 trillion by 2025.
Yet, while investors watch the value of their
portfolios increasing or decreasing every day,
they fail to make their crypto work for them.
Consequentially, they squander the huge
opportunity of putting their highly-valuable
assets to work for them.
Lack of Trust
Centralized exchanges have consistently
shown that they can’t be trusted with the
custody of their users’ cryptocurrencies. As
a result, staking crypto on these platforms
goes hand-in-hand with the risk of their
account being hacked – and the loss of
their entire portfolio. As it stands, crypto
exchanges get full control over their users’
funds and they’re left with no option other
than to trust them.
Lack of Access
To stake their crypto with the current
generation of centralized exchanges or
platforms, users have to submit to a lock-up
period. This period can range from days to
months, or in some cases even years. While
their funds are frozen in this way, users can’t
take profit from market trends, invest in
other emerging opportunities, or even simply
liquidate their position.
Lack of Technical Knowledge
Staking crypto on decentralized platforms
may be the wiser and more profitable in the
long term, but many crypto holders lack the
technical ability to do so. Consequently,
many users settle for centralized staking
platforms, because it’s the easier choice,
and decentralized staking continues to
struggle to gain popularity.
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SUKI CHEN
Founder
Suki Chen is passionate about Blockchain Technology, Art and Investment. He had advised and assisted in launching 5 successful Blockchain projects and helped them raised over $600M.
He had been involved in numerous advisory boards and discussions at G-level, state enterprises and some of the largest conglomerate corporations for Blockchain technology implementations.
Suki Chen also founded a number of companies and education centres in Southeast Asia. He was Co-owner of Hotel De La Paix, Cambodia. He founded Stellar Agency, a multiple award-winning agency that has trained 10,000+ financial consultants, managers and directors in 16 countries.
Suki Chen has traveled across South East Asia region to speak and lecture on various topics such as Leadership, Business Development as well as mental health.
An avid Art collector, Suki also maintains an online Art gallery
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