The recent news about Three Arrows Capital (3AC) filing for bankruptcy and causing suspensions and bankruptcies for other platforms in the industry is unfortunate.
When comparing Finblox to its competitors, the differences in APY percentages are not significantly better, sometimes even slightly worse. However, Finblox stands out with its offerings of memecoin percentages, which are not commonly provided by competitors like Nexo and crypto.com.
In terms of recent developments, Finblox has introduced DestinyX, an event markets platform where users can predict outcomes in various topics such as weather, movies, hobbies, and sports.
Looking ahead, Finblox has exciting future developments in the pipeline. These include FinChain, a Layer-1 protocol that enables smart contract creation for tokens on the Finblox-branded blockchain; FinCard, which allows users to spend their crypto at point-of-sale systems; and an NFT Marketplace that will serve as a hub for collecting, trading, and even creating NFTs with outer space themes.
Although the 3AC news had a negative impact on the overall crypto investment market, Finblox has shown promising progress, and I am optimistic about what lies ahead for them. Show Less
