SmartDeFi: The Robinhood of Crypto - Raises $1m Pre-Seed Bringing DeFi to the Masses
Summary
The user-friendly iOS app removes the complicated onboarding hurdles of crypto, enabling users to instantly enter risk-adjusted DeFi products using their bank account, credit card, or Apple Pay directly from their mobile device. SmartDeFi was founded in 2020 by Kieran Daniels (CEO) and Dziugas Butkus (CTO) who believe the reason that traditional investors havent entered new and lucrative DeFi markets, is the absence of an easy to understand and transparent Risk Assessment Layer. The SmartDeFi mobile app provides users instant access to DeFi via multiple risk-adjusted investment products, which have been aptly named Decentralized ETFs or DETFs. Because of this, users dont have to worry about high gas fees or network congestion when they buy or sell DETFs. The combination of these cutting edge Web3 products creates a seamless onboarding journey for all user experience levels.