Another sign that cryptocurrency is far from dead is the rise of decentralized finance (DeFi) protocols and non-fungible tokens (NFTs). DeFi protocols enable users to access financial services such as loans, borrowing, and insurance without having to use traditional financial institutions like banks. NFTs are digital assets stored on blockchain networks that represent physical objects such as artwork, music, or virtual collectibles like CryptoKitties. The fact that these two technologies have exploded onto the scene shows that there is still a lot of innovation happening within the crypto space despite its perceived slump during 2018-2020.