DeFi Applications Will Determine the Future of Financial Markets

Attrace is building a blockchain-based referral protocol based on a distributed network that acts as an advertising oracle for Web3 applications. The network facilitates on-chain referrals, allowing crypto projects to incentivize third parties to promote them. The rewards are in the project’s native crypto and are only paid out for the actual usage of the protocol or dApp (fully performance-based). The verification of those referrals is done by the verifier nodes, which ensures the trustworthiness of the network. DeFi applications will determine the future of financial markets, says Stevanovic.