Is TikTok the next DeFi friendly platform? – Katoch Tubes

Why TikTok can be the  Game changer for Defi

About DeFi

DeFi or decentralized Finance is one of the core applications of blockchain technology. It revolves around lending, borrowing, staking & trading crypto assets.

TikTok Revolution

TikTok is the short video app trending among Millennials & Gen Z. It crossed 3 billion downloads in July 2021 with more than a billion monthly active users.

TikTok & Finance

Finance literacy is so popular in TikTok, it has a word of its own "FinTok". A hint for the DeFi platforms. 

The Trending Hashtag

The #Crypto hashtag got 1.9 billion videos while #NFT  tag increased by a whopping 93,000% (Cointelegraph)

What about the income?

TikTok users are dominated by GenZ with low disposable income but higher interest in cryptocurrencies.

A perfect Platform

It's safe to consider TikTok as the future platform for DeFi promotions. With time GenZ may lead the crypto adoption

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