Why SenDEX?
Back in the early 2000s, when the internet was gaining popularity for the first time, the internet featured read-only, static, basic web pages. The online connected world at the time was only the beginning of virtual data, identities, and more. The internet during this time was also called the Web 1.0.
As social media platforms and online businesses began to emerge, the internet transformed into the Web 2.0. This upgraded internet, which we still use today, features dynamic, interactive web pages, where users can read and write information plus publish their own for others to see. However, this version of the web comes with downsides, dealing with data control, privacy issues, and the consequences of trust. This is where the WEB3 comes into the picture.
The WEB3 enables us to take centralized infrastructure and applications like CEX's and turning them into decentralized, trust-free protocols. The goal is to transform the DeFi space into a decentralized web, where users control their own data and identity in a trust-free environment. Our movement aims to remove intermediaries and build a trustless infrastructure for DeFi.
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