Everything King Midas touched turned to gold. It was both a blessing and a curse.

Midas Investments (MIDAS) specializes in Decentralized Finance (DeFi) yields through master nodes.

Master-nodes is are part of the infrastructure that sustains cryptocurrencies. Much like staking, master nodes earn interest by holding the token.

Midas Investments utilizes this blockchain necessity to generate a passive income stream for its investors. The innovative approach allowed a successful Centralized Finance (CeFi) launch in 2018.

Since that time, Midas has enjoyed a positive upwards ride with several additional launches, all geared to better leverage return on investment for its clients. The blessing is that the CeFi approach has afforded Midas a king-like touch in the Decentralized Finance (DeFi) sector of the cryptoverse.

The 2022 meltdown — namely Celsius and FTX — created a more than 50% loss in assets as investors withdrew from the crypto market. As a result, Midas has shut down its platform to restructure and refocus. The curse is that the CeFi approach has felt the sting of the 2022s CeFi collapse.

Moving forward

However, (one of the many things I appreciate about the cryptoverse) the forward-thinking minds of Midas Investments need to be licking their proverbial wounds. Still, they are looking forward to future success in the cryptoverse.

“The goal of the new project is to create a win-win situation by connecting competing protocols with liquidity and offering a simplified yield to a range of DeFi and CeFi audiences.”

Iakov “Trevor” Levin, CEO of Midas Investments

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The company’s mission statement says, “Our generation has been fortunate to witness a fundamental change in modern economics. Never before fathomed, blockchain technology allows for limitless peer-to-peer value transfer that will reshape the modern investor with limitless opportunities in the crypto space.”

Midas Investments Iakov “Trevor” Levin CEO

The debate regarding the merging of CeFi and DeFi rages on. Injective Labs cofounder and CEO Eric Chen said that the Midas shutdown is another causality of CeFi platforms and their place in the cryptoverse. Chen says, “As CeFi continues to fail its users, it provides why DeFi is still needed today.”

How it impacts everyday people

I agree that Centralized Finance (CeFi) has drawbacks in the cryptoverse. However, platforms (like Midas) found a niche connecting traditional investors with the Decentralized Finance (DeFi) world of cryptocurrency.

CeFi platforms will serve their purpose and may evidentially fade into the crypto sunset, but that day is not today.

Chen also believes, “As users become more educated on the differences between CeFi and DeFi, they will be more inclined to choose decentralized options that offer greater security and stability.”

I agree, but until that day, CeFi platforms will have a place as an exit on the cryptoverse superhighway.

Will Midas Investments have the Midas touch in the cryptoverse? The answer will be found in time — time will tell. But, I will say that Midas Investments has found an innovative approach that allows everyday people to find their financial freedom.

The everyday people community is coming and hopes to equip you for success.

The cryptoverse is for you. Join me as, together; we take the most unexpectedly incredible journey down the many paths it has to offer.

Disclaimer: I am not a financial planner, and therefore do not offer financial advice. I am an avid student of the cryptoverse who is willing to make available the things that I learn to everyday people willing to take a chance, change, and explore your financial freedom in the cryptoverse.