Jump to section
To re-layer infrastructure for finance and data and build systems that empower individuals.
13% employee growth in 12 months
Decentralised finance (DeFi) is booming, with the total value locked – the overall value of assets deposited in transactions – having risen from $700 million in December 2019, to over $200 billion in 2022. It is expected to reach $507.92 billion by 2028.
A lot of this growth can be attributed to the increasingly sophisticated infrastructure that companies like Mycelium are introducing to the industry. Mycelium crucially works as an ecosystem of DAOs (Decentralised Autonomous Organisations) that represent a new type of business ownership by an internet community.
These communities are propelling Mycelium forward as a whole with new products and services like ReputationDAO, which looks to bridge the gap between DeFi and traditional financial credit scores via oracles.
In the centre, Mycelium fosters a leadership position with its research and development practice. Its credible position could be somewhat at risk while its decentralised communities take on more and more responsibility in the fast-moving DeFi space.
Freddie
Company Specialist at Welcome to the Jungle
Raymond Mogg
(Co-Founder)Graduated from the University of Queensland with a degree in Software Engineering. Worked briefly as an engineer at Snappr and Atlassian.