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One potential application of blockchain technology in the startup industry is the use of decentralized finance (DeFi) to raise funds and manage finances. DeFi allows startups to raise funds through decentralized crowdfunding platforms, such as initial coin offerings (ICOs) or initial DEX offerings (IDOs). DeFi also allows startups to manage their finances through decentralized platforms, such as decentralized exchanges (DEXs) and automated market makers (AMMs). However, the adoption of DeFi in the startup industry is still in its early stages, and there are several challenges to overcome, such as regulatory compliance and customer adoption.

Table of Contents NFTs can also offer a way to monetize digital assets and intellectual property, providing a new revenue stream for businesses. Refrences : Watch our videos