Last night on the Monday night live airing of the popular TV game show Wheel of Fortune, a contestant named Jeremy Kerbel introduced viewers to DeFi for the first time, while in the same breath mentioning Bitcoin and cryptocurrencies as a whole. Jeremy Kerbel is a managing director at OSL and the founder of Kerve Capital, a fund focused on decentralized finance investment.
Here’s why this is only the start of decentralized finance tokens generating enough fortune to leave heads spinning, along with a look at how they’ve performed thus far.
Game Show Contestant Teaches Millions Of Americans About Decentralized Finance, Bitcoin, Crypto
As meaningless as it may seem at the surface, when something makes it on primetime television, is has “made it” in general. When Bitcoin and crypto began appearing as an answer on America’s favorite game show Jeopardy, it was undeniably significant due to the sheer audience size alone.
Jeopardy gets upwards of ten million viewers per episode, and it shares a one-hour block on TV with another extremely popular game show, Wheel of Fortune. Wheel of Fortune lets contestants take a spin on a wheel for a chance to win big.
Related Reading | Analyst: Post Bitcoin, Traditional Finance Will Flock To DeFi, Not Ethereum
On last night’s airing, contestant Jeremy revealed to host Pat Sajak that he works in “decentralized finance” or DeFi, as its commonly referred to. He likened the industry to Bitcoin and cryptocurrencies for those who would be more familiar with those terms.
The mere mention of DeFi on TV could lure those with their curiosity piqued to Google much like the uninformed did in reference to Bitcoin in 2017. Today, not as many need to learn about Bitcoin. Could this be the path that DeFi is on? And if so, what could this mean for investors?
Millions of Americans just learned about DeFi on Wheel of Fortune. Jeremy’s not the hero we deserve, but he’s the hero we need.
I’ll say it again – we’re just getting started friends. pic.twitter.com/dQws1tScGk
— Daniel Armitage (@dcarmitage) January 26, 2021
Before And After: DeFi Tokens Take Investors For Spin On Wheel Of Fortune
<span class="wpg-tooltip-term-title">Altcoin</span></h3><div class="wpg-tooltip-content">Altcoin is defined as any cryptocurrency except for Bitcoin. “Altcoin” is a combination of two words: “alternative Bitcoin” or “alternative coin”. There are over 1,500 altcoins with many more