In the rapidly evolving landscape of blockchain-based financial services, NEOPIN emerges as a game-changer. Striving to combine the best of centralized finance (CeFi) and decentralized finance (DeFi), NEOPIN introduces a hybrid model known as CeDeFi. This innovative approach marries the security, stability, and regulatory compliance of centralized systems with the transparency, accessibility, and innovation heralded by DeFi protocols. Rooted in trust, NEOPIN aims to bridge the gap between traditional finance and the burgeoning Web 3.0 ecosystem, offering a robust, user-centric platform where crypto assets can seamlessly integrate with conventional financial services. Dive in to discover how NEOPIN is redefining the future of finance.

What is Trust in Financial Services?

Trust is a fundamental aspect of any financial service. We trust people not just because they are friendly, but because we have a transparent understanding of who they are over a long period. This same principle applies to commercial services. Why do we trust giants like Amazon, Google, Apple, and Samsung with our personal and financial information? Initially, we didn't. These companies earned our trust through secure, long-term interactions and technological advancements. However, this trust is not immutable, and the same applies to both traditional finance and Web 3.0 markets.

The traditional financial market has provided reliable services, but it is not without its flaws. Major banks have been hacked, and there have been instances of misuse of users' personal and financial information. DeFi was created to solve these issues, but it introduced new problems, such as the inability to filter users due to its decentralized nature, leading to potential misuse for criminal activities like money laundering. At NEOPIN, we aim to solve this paradox by offering a transparent, reliable, and stable financial service that is user-oriented. We believe that the best approach to providing innovative crypto services is to leverage the strengths of both CeFi and DeFi.

The Trial and Failure of CeFi and DeFi

The evolution of CeFi and DeFi has been rapid since the emergence of decentralized finance, centered around the Bitcoin and Ethereum networks. As a result, the ecosystems of layer 1 and layer 2 networks have grown significantly in a short period. However, a series of events have highlighted the weaknesses of each area, greatly affecting the growth of the overall blockchain industry.

CeFi, which includes centralized exchanges, has faced numerous problems due to unclear management of customer funds, excessive third-party leverage exposure, and ethical issues, resulting in many victims. DeFi has also faced challenges, including the oracle problem, which makes it difficult to manage counterparty risk due to protocol flaws. These issues have caused significant damage to the industry.

Pathways to CeDeFi

CeDeFi stands for "Centralized-Decentralized Finance." It is a new concept that aims to bridge the gap between centralized finance (CeFi) and decentralized finance (DeFi). The idea behind CeDeFi is to take the best aspects of both CeFi and DeFi and combine them to create a financial ecosystem that is more efficient, transparent, and user-friendly.

CeFi is known for its stability, security, and regulatory compliance, but it often lacks transparency and accessibility. On the other hand, DeFi is praised for its transparency, accessibility, and innovation, but it can be lacking in terms of stability, security, and regulatory compliance. CeDeFi aims to solve these problems by leveraging the strengths of both CeFi and DeFi, providing a stable and secure platform with regulatory compliance, while also offering transparency, accessibility, innovation, and flexibility.

The CeDeFi ecosystem is expected to bring many benefits to the financial industry, although it is still relatively new and rapidly evolving. CeDeFi offers DeFi products such as yield farming, lending, borrowing, liquidity staking, and token swapping, which are available on DeFi protocols and are compliant with regulations.

The Necessity of CeDeFi

The Web3 market needs a new direction for continued growth and mass adoption. Over the past decade, the industry has faced numerous scandals from both centralized platforms and decentralized ecosystems. Innovators in the industry have been quietly preparing to embrace a regulatory environment that will allow them to build an open and welcoming ecosystem to invite traditional financial market participants.

The reason why billions of dollars of traditional finance haven't been unlocked and deployed in the Web3 space is that there is no real bridge between the traditional world and the decentralized finance ecosystem. The lack of regulation and standards in the crypto space is what CeDeFi is designed to address. It does this by being compliant with regulations, making it easier for law enforcement to identify potential criminals. CeDeFi is also characterized by centralized entities that use governance structures similar to those in the traditional financial sector, while leveraging the efficiencies of decentralized finance for cost reduction.

NEOPIN CeDeFi Landscape

NEOPIN is a CeDeFi platform that takes an innovative approach to the market by leveraging the strengths of both CeFi and DeFi. The protocol aims to lead a new era of CeDeFi by combining the stability and security of centralized systems with the flexibility and transparency of decentralized ones. NEOPIN provides its users with greater trust and stability through the implementation of KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. Unlike address-based DeFi projects, which can be vulnerable to external security threats, NEOPIN has implemented strict security policies since it started operating in January 2022.

NEOPIN offers a range of DeFi services, including staking, swapping, and yield farming in various cryptocurrencies. These services are designed with ease of use and a positive user experience in mind. NEOPIN is constantly working on innovative ideas that will allow its users to utilize the assets they have accumulated through the platform in various ways, including X2E (P2E, S2E, M2E) and NFT services. Ultimately, based on its secure security protocols and regulatory environment, NEOPIN aims to become an open blockchain platform that bridges traditional finance and DeFi protocols for all users.

NEOPIN Token Market Data

Understanding the market data of the NEOPIN token (NPT) is crucial for potential investors and users. Here are some key statistics:

• Current Price: $0.9181
• Market Cap: $79,086,895.82
• 24h Price Change: 10.87%
• 7d Price Change: 7.02%
• 30d Price Change: 116.60%
• 24h High: $0.9426
• 24h Low: $0.8130
• All-Time High: $10.1570 (2022-03-25)
• All-Time Low: $0.2486 (2023-10-19)
• Circulating Supply: 86,145,769.10
• Total Supply: 1,000,000,000.00

Purpose and Utility of the NEOPIN Crypto Token

The NEOPIN crypto token (NPT) is a utility token and key currency on the NEOPIN platform, which is an open blockchain platform offering a variety of blockchain services. NE