The post THORWallet CEO Explains Why DeFi is Here to Stay appeared on BitcoinEthereumNews.com.

In an interview with BeInCrypto, Marcel Robert Harmann, the Founder and CEO of THORWallet, shares his journey from the early days of crypto to building a successful wallet. Despite the noise created by trends like meme coins and NFTs, Harmann’s belief in the transformative potential of decentralized finance (DeFi) remains steadfast, even as the industry faces challenges with regulation and reputation. Harmann also delves into the complex relationship between crypto and traditional finance, particularly when it comes to regulation, privacy, and the future of financial services. He discusses how THORWallet is bridging the gap between DeFi and CeFi, offering users a seamless experience while adhering to the core principles of decentralization and transparency. Reflecting on Crypto Journey: How Marcel Harmann’s View of the Crypto Industry Has Evolved Those early days were definitely tough in terms of the hours worked, but looking back, it was all worth it. It was hard work, but it didn’t feel like a burden—I was driven to achieve and to build. Four years later, we’re still here, profitable and growing. The average lifespan of a crypto startup is usually less than 12 months, so we’ve managed to defy the odds. My view on crypto has remained the same. The industry still excites me, but I think you really need to cut through the noise. There’s a lot of distraction, like the NFT hype, which has lost value over time except for a few select projects. Then, there are meme coins—just noise. They’re mostly money grabs from people who don’t fully understand the mechanics behind them. With any fast-growing market, especially one involving large amounts of money, scams are inevitable. It’s just part of the industry. The key is to stay focused, stick to your core principles, and not get distracted by the noise. Crypto, in my…

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Filed under: News - @ April 10, 2025 2:27 am