How Li.fi changes the defi ecosystem

In the latest Crypto Nerds Podcast tells Li.fi founder Philipp Zentner Host Eric Heinemann how he changes the defi ecosystem with his platform.

With a clear vision and groundbreaking solutions, he not only gained the attention of the greatest crypto wallets, but also heralded a new era for decentralized financial technologies.

Li.fi and the way to success in the defi area

In the latest episode of the Crypto Nerds Podcasts speaks Philipp Zentner, a real series founder and CEO of Li.fi, about his journey into the world of Cryptocurrencies and his experiences as an entrepreneur. Originally from the biotech and software industry, he found its way into the crypto space in 2021.

Li.fi is an innovative project that makes it possible Cryptocurrencies To act easily and cheaply across different blockchains. The platform connects over 50 blockchains so that users can seamlessly access various crypto markets. With her user-friendly trading API, Li.fi has created a solution that makes crypto trading easier and more efficient for everyone.

Discover how Li.fi changes the crypto market-listen to the podcast now!

At that time, Philipp developed the project together with its business partner Max. Today Li.fi is an important player in the DeFi-area and in well -known wallets like Metamask and Phantom integrated. Zentner describes how the idea of ​​Li.fi was created:

“We saw very early on that the future of the market will be multi-chain.”

With the vision of overcoming fragmentation, the company focused on the aggregation of trading venues over 50 blockchains. This enables better handling of the growing crypto markets and facilitates the exchange of assets via various networks.

But the way to success was not easy. Li.fi invested a lot in hackathons in the initial phases and collected prize money to build the company. The first year was challenging because they initially had more users with a demo page than in the B2B area. But the company quickly grew through hard work, a strong investor network and a lot of passion. Today Li.fi records billions of transaction volume per month.

Zentner also appeals to the challenges he experienced as a founder in the crypto industry. The regulation of the market, especially in Europe, is a constant stumbling block. While the United States is pursuing a “fail-forward” mentality that promotes innovation, Europe is often reluctant. “In Europe you wait until the regulation is through,” explains Zentner.

Finally, Zentner also gives a valuable tip for crypto beginners:

“Be open and curious about new ecosystems. Krypto is a huge field and there are always new opportunities to learn.”

Li.fi remains a key factor in the defi ecosystem, which will probably grow significantly in the coming years.