DeFi User Research Report

April 2020

For Mainstreaming Blockchain, DeFi Leads the Way

 

A recent report commissioned by ConsenSys Codefi examines user habits with regard to cryptocurrencies and decentralized finance (DeFi). The report’s findings dispel myths around user habits and motivations, such as:

    • Most people are not solely motivated by speculation and potential profit, but are more often interested in the underlying technology and how it can be applied for practical means. 
    • Most people had a long-term optimism for crypto. 
    • Many of the pain points people experience revolve around information overload and staying on top of changing rates and fees.
    • People expressed a desire to remain as first movers of emergent technology and ecosystem.

Download the research report to learn more about today’s DeFi user habits, and what we think this holds for the future of the industry.

Download the report

ConsenSys may use the contact information you provide to us to contact you about our products and services. By clicking “submit” above you consent to receive such communications. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.

Build the future of commerce and finance on Codefi

ConsenSys is one of the world’s largest blockchain companies, building the tools, infrastructure, and applications that power the Ethereum network. Since 2014, we have tokenized billions of dollars in digital assets, including a wide range of consumer products, stablecoins, real estate, and financial instruments, powering tens of billions of dollars in blockchain-based transactions. Through our applications, we have served hundreds of thousands of users, ranging from central banks and major financial institutions to developers and retail users of the Ethereum mainnet.

ConsenSys has built and launched Codefi, an “operating system” comprised of tools and services to help anyone — from financial institutions and large enterprises, to entrepreneurs, developers, and decentralized networks — benefit from the digital transformation of the infrastructure, manufacturing, and distribution value chains in commerce and finance. Built on Ethereum, Codefi provides the ability to digitize business processes, payments, and assets such as equities, loans, and real estate. 

Consensys is a market leading blockchain technology company.

©2023 Consensys. All rights reserved.