Crypto: Explain It Like I'm 5 (Part 3 - DeFi, NFTs, DAOs, & Tokens)

This is part 3 of the the "Crypto Explain It Like I'm 5" by Ryan Allis. Part three is about Decentralized Finance (DeFI) and other important basics like NFTs, tokens, DAOs, staking, memes, oracles, crypto taxes, and how to earn a return on your crypto. CRYPTO - EXPLAIN IT LIKE I'M 5 (ELI5) PART 1 - BITCOIN, CRYPTOGRAPHY, & BLOCKCHAINS PART 2 - ETHEREUM & SMART CONTRACTS PART 3 - DECENTRALIZED FINANCE, NFTs, DAOs, & TOKENS Give it a listen and share it with your friends who are newbies in the crypto field. Check out the last three days for part 1 and 2. You can also read the original Crypto ELI5 article at: https://coinstack.substack.com/p/crypto-explain-it-like-im-5 And join our free Telegram group at: http://t.me/thecoinstack