Justaguy Couple things worth mentioning...
The "probably forked" suggestion would mean those platforms mentioned are open source... Which they are not. They are closed source, meaning there is no source code publicly available to fork.... Just wanted to clarify.
A key innovation is the community aspect with tokenomics. All revenue from platform fees, partner commissions, and capital deployments go directly to $OCTO holders.
The project is only 5 months old and we continue to iterate with each release. Innovation is an iterative process, not always a "Eureka moment" or new groundbreaking, first-of-a-kind invention. And those kinds of innovations are usually met when on the pathway solving other problems and building other solutions.
So we are positioning OctoFi in a unique way with community incentives, the fact that we can be friendly with any other project (through integrations and commercial agreements), and we recongnise the vast amount of disparity in the rapidly evolving DeFi space. So our focus is on combining what our community want, into a single user friendly and beatiful dapp.
Why reinvent the wheel and battle head to head with other projects, when instead we can work together? This is much of the reason why many crypto and DeFi projects have revenue share programs so we can all grow together. It's 'all of us versus the legacy system,' not 'all of us versus each other.'
In terms of governance there's also a lot that can be achieved by crowd sourcing the due diligence and curation of products and services for our user base.
Final note: The true power of DeFi, and previously with lots of open-source software, it composability. The fact that we can combine and remix and solve problems together. In terms of just aggregating other services... You can consider successful companies such as Uber and AirBnB, etc. While not applicable in a literal sense, the conceptual comparison is quite useful.
Uber didn't invent taxis, private cars, GPS, online payments, review systems, messaging, or route optimisation algorithms. They simply combined them to make "ride hailing" accessible to anyone in a beautiful app, powered by a community of people with a common interest.
And further to that, many successful businesses earn all their money from aggregating different services and getting paid partner commissions. Definitely worth looking into in more detail.
In fact, the same can be said for most successful businesses. There's generally two ways of making money in business: You either bundle, or un-bundle.
“Gentlemen, there’s only two ways I know of to make money: bundling and unbundling.”
Source: Harvard Business Review interview with Jim Barksdale and Marc Andreessen (a16z)
