Why LiveFi?

Explore the inspirations and motivations why we chose to build LiveFi platform

The existing Web3 landscape presents several inefficiencies and barriers that hinder mass adoption, creator monetization, real-time interaction, and real-time asset distribution and trading. Traditional Web3 platforms fail to address the growing demand for interactive, real-time engagement and seamless trading experiences.

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Below are the key challenges that Sidekick Protocol aims to address with the introduction of the LiveFi model:

1. Limited Distribution and Monetization Channels for Creators

• Lack of Sustainable Revenue Models – Web3 creators struggle to monetize beyond sponsorships and ad revenue due to the absence of an integrated ecosystem for real-time asset distribution and engagement.

• Underutilized Market Insights – Valuable trading signals, market analysis, and expertise remain inaccessible, limiting revenue potential for creators and informed decision-making for audiences.

• Inefficient Asset Distribution – Without a decentralized framework, creators face barriers in distributing assets and monetizing their knowledge effectively.

2. Barriers to Web3 Adoption and Access to Crypto Trading Education

• Complex Blockchain Interactions – Web2 users struggle with wallet management, asset ownership, and crypto transactions, making Web3 onboarding process difficult for the newcomers.

• Lack of Intuitive Onboarding & Education – The absence of user-friendly tools and accessible learning resources discourages mainstream adoption.

• Fragmented & Outdated Crypto Education – Existing frameworks fail to provide real-time insights, practical strategies, and risk management guidance.

• Limited Access to Real-Time Mentorship – Without interactive learning environments, new traders make uninformed decisions, leading to suboptimal trading outcomes.

3. Lack of Real-Time Market Engagement and Trading Mechanisms

• Static Trading Environments – Traditional NFT and tokenized asset marketplaces lack live interaction, limiting real-time trading experiences.

• Delayed Market Insights – Traders rely on fragmented tools and external data sources, hindering timely decision-making.

• Inefficient Asset Discovery & Execution – Without real-time engagement, users miss opportunities to react to market trends instantly.

• Limited Interaction with Experienced Traders – The absence of direct engagement restricts knowledge-sharing and slows down trading decisions..

4. Community Needs and Social Interaction Gaps

• Scattered Ecosystem – Existing Web3 platforms lack integrated social engagement, making it difficult for users to connect, share insights, and learn from experts.

• Limited Networking & Collaboration – Isolated ecosystems restrict opportunities for community-driven growth and real-time interaction.

• Growing Demand for Mentorship – Users seek expert guidance and professional development, yet current platforms fail to provide structured mentorship and skill-building opportunities.

• Absence of Interactive Learning Models – Web3 lacks platforms that merge education, mentorship, and real-time engagement, leaving users without hands-on learning experiences.