12 Reasons why Ethereum is undervalued

12 Reasons why Ethereum is undervalued

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1. Smart Contracts:

A smart contract automatically executes code once specific terms are met.It is the first form of programmable money to exist, & users can rely on it to create decentralized money legos free of censorship. Lend, borrow, swap, & do much more with them
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2. Stable Coins:

$ETH is home to many stablecoins which have grown tremendous use cases: $USDT: $62B | $USDC: $25B | $DAI: $5B | $TUSD: $1.5B2. They are very popular for use in DeFi, & VISA will soon accept TX settlement in $USDC, $USDT has grown from a $21B Mcap, to $64B this year
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3. Defi:

DeFi has exploded because of its attractive yield, flexibility, & its non-custodial nature with DeFi. We can become our own banks by cutting out the middleman involved. It is restructuring the industry of finance as we know it today, and it’s not stopping
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4. DApps:

A total of 94 out of the top 100 crypto projects are built on $ETH, with more than: -3,000 dApps -200K ERC20s. These protocols often have many further use cases involving $ETH, creating the fundamentals for the Web 3.0 economy & they are decentralized & open to anyone
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5. Developers:

One thing that has shocked many is the attention $ETH has gotten from devs. It is sucking in the world's talent at a pace we can’t begin to comprehend. Since Q3 2019, $ETH has gained more than 300 developers every month, growing at a pace faster than even $BTC
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6. Insurance

Off-chain oracles & ETH offer an elegant solution to the trillion dollar insurance industry. Smart contracts can automate claims, offering farmers coverage across the world. This process is fair & efficient, as many don’t even have the option to get insurance today
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7. Interoperability

This is one of the subjects I feel many people underestimate the implications of $ETH will unlock potentially hundreds of billions in liquidity from POS blockchains through interchain accounts & interoperable liquid staking derivatives
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8. NFTs

NFTs on $ETH have picked up a lot of steam, attracting attention from both GameStop & Twitter. They are unique tokens which can be used by creators to tokenize a wide range of content (not just art) If one thing is for sure, it’s the fact that NFTs are here to stay
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9. Metaverse

NFTs on $ETH will power a universe beyond our own. This will be propelled by virtual reality technology pioneered by the largest companies in the world.We’re talking about matters of augmented reality, virtual ad space, tokenized in-app purchases, & much more...
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10. DAOs

DAOs are entities made up of any number of individuals who maintain the group’s decisions in a distributed manner. Individuals can use tokens to vote and propose ideas they want for the protocol. These have come to be some of the largest bootstrapped communities we know
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11. Proof of Stake

$ETH will transition from the proof of work consensus model to proof of stake. Users can then earn interest on their $ETH by staking it, becoming a node in the network. This is the fastest growing protocol about to offer a significant dividend to investors...
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12. Platform

One of the unique features of NFTs & more on $ETH is that they work in a platform agnostic manner. Tools can be easily integrated across a wide range of applications with easy sign in options This will be the foundation for the transition to Web 3.0
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