CNN interviewed CTO of Spirit Stone: The Baccarat injects new vitality into DeFi ecology
Recently, CNN launched a live broadcast on the theme “Baccarat injects new vitality into the DeFi ecology”. This interview was conducted by the CNN reporter, Kleena with the Chief Technology Officer of NGK Spirit Stone team, STEPHEN LITAN. Through the Q&A session, we will take you to learn more about Baccarat.
The following is a record of the dialogue:
Kleena: Welcome STEPHEN LITAN, the CTO of NGK Spirit Stone, coming here to our interview. Please introduce yourself first.
STEPHEN LITAN: Hello Kleena, thank you for your invitation. I am the Chief Technology Officer of the NGK Spirit Stone team, my name is STEPHEN.
During my work experience, I have been focusing on the construction of the underlying architecture of the blockchain, as well as the R&D encrypted token network security. At the same time, I have provided relevant guidance on the adaptable compatibility and expandable hardware components. I have built a unique technical system, and now I am proud to be a member of the NGK Spirit Stone team and promote this project to different markets around the world.
Kleena: In the blockchain industry this year, DeFi is a topic that cannot be missed. The emergence of DeFi has set off a wave of craze, but the DeFi craze seems to slowly recede over time. What do you think is the reason that hinders the development and growth of DeFi?
STEPHEN LITAN: I think the development of DeFi will not be hindered in any way. The current DeFi follows the cycle same as other new technologies. Just like all development cycle, it must go through an explosive growth phase driven by hype, then a phase of decline due to excessive public expectations, and finally achieve sustained and stable growth over time. Currently, DeFi is between the second and third phases.
Therefore, the public is only seeing a superficial phenomenon of the industry. In fact, I believe that in the near future, the public will see more DeFi projects with practical applications like Baccarat and will further promote the real application of DeFi. Therefore, eco-builders in the DeFi market can prepare for more stable growth of DeFi and recognize that DeFi is sustainable.
Kleena: What role do you think Baccarat will play in the entire DeFi ecosystem and what changes will it bring to DeFi?
STEPHEN LITAN: First of all, Baccarat is not a project that only hopes to use the DeFi heat wave to deliberately speculate and gain profits. It aims to bring real value to every ecological builder in the market, which will play an important role in the next few years. The Baccarat will push DeFi to a new height and implement in the real life.
Since the launch of Baccarat, the Spirit Stone team has had a mission: to provide ecological builders with digital wealth creation tools that can be used by every ecological builder of Baccarat regardless of their background and assets. Hence, we have built Baccarat into a DeFi project with fast transaction speed, low handling fee, and support the large-scale transactions. This is because we want to make it as friendly as possible for the ecological builders. Unlike many DeFi projects, most of Baccarat’s solutions are based on financial tools that have proven their efficiency for decades.
In conclusion, the Baccarat enables any eco-builder to join the DeFi market and get benefits from it! In addition, the BGV will enter the airdrop for free, and any ecological builder can obtain BGV token rewards as long as they join early. Moreover, the number of BGVs is limited, so the sooner the ecological builders mine the BGV, the sooner they get the first mining bonus!