A Look Into Aggregated Finance’ Adoption of Faas
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Aggregated Finance, or AGFI, is an innovative platform that capitalizes on the booming decentralized finance market. It aims to change the approach of decentralized investment and lead the world to a DeFi-as-a-Service approach to decentralized investment. The project is a new DeFi 3.0 project that works towards expanding the success of the DeFi space. In a nutshell, Aggregated Finance makes strategic investments in the ecosystem and pools the gains for their token holders through buybacks and reflections.
Aggregated Finance is out to become a key decentralized Farming-as-a-service project and recently joined a movement of projects hoping to spread the trend.
The DeFi 3.0 alliance
The DeFi 3.0 Alliance, a global non-profit organization focused on creating, educating, and widespread adoption of transparent, cost-friendly, and secure DeFi 3.0 and Farming-as-a-Service (FaaS), was recently announced by a number of initiatives.
The association noted that the crypto market currently has a lot of potential, but it needs a quality mark to make DeFi 3.0 and FaaS a legitimate and well-known sector in the crypto arena.
There are eight founding members, all of whom are industry leaders with a combined market cap of over $150 million and a community reach of nearly 100,000 people. Aggregated Finance was one of the organization’s most prominent members.
According to the organization, membership is open to all initiatives focused on DeFi 3.0 and/or FaaS that can establish their reputation, security, and ability to deliver on their plan. In addition, all credible projects are welcome to collaborate. There is, however, a vetting process and a cost to join.
What’s the focus?
The DeFi 3.0 Alliance is committed to collaborating to advance DeFi 3.0 and FaaS innovation and best practices in a variety of domains. Research and development (R&D) on technical innovations, solutions, and products that will optimize cross-chain DeFi 3.0 and FaaS is one of the primary areas of concentration the organization has identified.
Also, education and networking were identified as some of their key areas of focus. Each of the founding members will now focus on content promotion to educate and promote DeFi 3.0 and FaaS to a broader audience, hence increasing reach, onboarding, and market potential.
Furthermore, these projects will engage in research and development that would help develop security standards that will become a benchmark for safe and secure DeFi 3.0 and FaaS access. The exchange of information on market trends and narratives will be prioritized amongst members. This would result in improved DeFi 3.0 and FaaS growth and performance.
Furthermore, participating projects also have access to an exclusive network of industry innovators in DeFi 3.0 and FaaS, as well as products and services, verified distribution channels, and virtual meet-ups and conferences.
FaaS is out to expand.
There has been much hype about farming as a service, and most see it as the next big thing in the crypto space. A tweet shared by FoodFarmer.eth identified the growing interest and hype in the FaaS concept. It read, “ I do genuinely see FaaS being the next big wave in crypto. I will be at the forefront of this massive potential market. I’m calling for $25b to be in FaaS products by the end of the year. Who knows the growth potential, I just know…Farming as a Service is here to stay.”
Cryptocurrency
