DeFi (Decentralized Finance) development can greatly benefit small businesses and startups in several ways. First and foremost, it provides access to a wide range of financial services without the need for traditional intermediaries like banks, reducing costs and increasing financial inclusion. DeFi also offers quick and efficient fundraising options through token sales and liquidity pools, enabling startups to secure capital more easily.
Moreover, DeFi's transparency and security enhance trust among investors and customers, fostering business growth. Smart contracts automate various processes, reducing operational overheads and improving efficiency.
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