—
DeSpace University is a one-stop resource centre for people to learn crypto. The website publishes different articles to help crypto newbies increase their knowledge of cryptocurrency and the web3 space. DeSpace University is also part of the Despace Protocol, a multi-chain DeFi and NFT protocol. The protocol aims to help people navigate DeFi, NFT marketplaces, and other blockchain-related solutions with just one protocol.
Despace University intends to help users learn crypto and the web3 world from the very beginning. There is always a perception that cryptocurrency is too complicated and challenging to understand for beginners. The articles in Despace University, however, are written using easy-to-understand layman phrases and explanations to help readers navigate the crypto space and know how it works.
The concept of cryptocurrency can be explained by using a simple comparison. Crypto or Cryptocurrency is a digital currency that utilises cryptography processes for trustless, decentralised, and secure transactions. Cryptocurrencies are philosophically different to how digital transfer works through banking or payment apps used by most users worldwide because cryptocurrencies utilise decentralised ledger to maintain the network. Cryptocurrency transfers also work in the digital space, like digital bank transfers.
An exciting concept gaining popularity in the crypto world is Decentralised Finance, commonly known as DeFi. DeSpace University has many articles written to help newbies learn DeFi. DeFi is an exciting concept, defined as any financial service offered by smart contracts without relying on third-party centralised institutions. Users have full access to their financial activities using DeFi services. With DeFi, users can traditionally do what they can in the centralised finance (CeFi) space, such as earn interest or borrow assets, but without having the centralised authority to oversee everything. In the DeFi space, everything is automated via smart contracts.
On top of all the things mentioned above, DeSpace University also provides various other articles suitable for people with basic knowledge of cryptocurrency. There are articles on altcoins and, for traders, some market analysis as well. Other articles that stood out are the crypto phrases and terms that are helpful for everyone in the cryptocurrency space as it helps explain terms such as HODL (Hold On For Dear Life), gas fee and rug pull.
About DeSpace University
DeSpace University is a division of Despace Protocol. DeSpace University is a one-stop website to learn anything blockchain, crypto, web3, and everything in-between. The website provides articles to help newbies in the cryptocurrency space get started. Apart from publishing articles suitable for newbies in the crypto space, DeSpace University also helps provide articles on altcoins, market analysis and tutorials.
Contact Info:
Name: Francis Obasi
Email: Send Email
Organization: DeSpace Ecosystem Limited
Website: https://university.despace.io
Release ID: 89079889
If you detect any issues, problems, or errors in this press release content, kindly contact error@releasecontact.com to notify us. We will respond and rectify the situation in the next 8 hours.
COMTEX_412194222/2773/2022-08-13T01:27:48
