What are Smart Contracts in Crypto? (4 Examples + Animated)

What are Smart Contracts in Crypto? (4 Examples + Animated)

Are you wondering what a Smart Contract is? Well, a smart contract is an agreement between multiple people who agree that a piece of code will be executed if certain conditions are met. Right now, I know of 4 main use cases for Smart Contracts, and they are:

1) Flash Loans

2) Insurance

3) Token Switching (Decentralized Exchanges)

4) Buying and Selling real world representations

Watch our animated video on Smart Contracts to understand how each of these examples currently work and what their potentials are in the future!

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50 Comments

  1. @GuillermoCedillos-p2o on March 6, 2025 at 2:45 pm

    Thanks for publishing this! I need guidance: My Tron Wallet contains some TRX 20 USDT, and I have the backup phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. What’s the best way can I handle sending them to KuCoin?

  2. @MICHAELBreaux-w4l on March 6, 2025 at 2:46 pm

    There are much better and safer alternative currencies, including Web3 Infinity, thus I’m no longer interested in those ones.

  3. @DeanaQuitzon on March 6, 2025 at 2:48 pm

    Step Finance helps keep my portfolio organized and updated. How do you manage your assets?

  4. @LuciusJenkins-m9m on March 6, 2025 at 2:50 pm

    Amazing work! How will Step Finance connect traditional and digital finance?

  5. @SidneyWhite-m9x on March 6, 2025 at 2:51 pm

    Loved the video! Could Step Finance redefine the way we approach financial services?

  6. @EvalynWilliamson on March 6, 2025 at 2:52 pm

    This time last year I considered crypto without much knowledge and decided to have a consultation with a fiduciary, and it was incredibly insightful. I got into the market with 15k, One year and a couple of months in, and I’m up with 550k. I truly cannot stress enough how helpful experts in this field are!

  7. @mf-ud1uo on March 6, 2025 at 2:54 pm

    ETHEREUM CLASSIC = THE MOST SECURE PROOF OF WORK SMART CONTRACT PLATFORM IN THE WORLD…….

  8. @LaverneSegura on March 6, 2025 at 2:58 pm

    Web3 Infinity is the safest altcoin ever since its automatic algorithms stop paper hands, bot transactions, and bear markets. It will certainly reach $10 in no time.

  9. @DottieFarrell-v4j on March 6, 2025 at 2:59 pm

    Step finance is showing what’s possible in DeFi with Solana. A project worth keeping an eye on!

  10. @vokhacthuyet512 on March 6, 2025 at 2:59 pm

    earned a lot. Helps to stop and repeat the information out loud to myself like I’m teaching. Thanks for the video.

  11. @luigibru8677 on March 6, 2025 at 3:00 pm

    Cardano is the future

  12. @kufresundayeyen on March 6, 2025 at 3:01 pm

    Anyone familiar with $KIKI on Base? Thinking about buying it, but curious if anyone has already invested. Let me know your thoughts on this meme coin!

  13. @CarrolTowne-e7v on March 6, 2025 at 3:07 pm

    How do you use Step Finance for long-term portfolio growth? Any tips?

  14. @PorterAuer on March 6, 2025 at 3:07 pm

    Loved it! How can Step Finance improve tokenomics for long-term user adoption?

  15. @TristanLesch on March 6, 2025 at 3:08 pm

    Great points! How will Step Finance stay sustainable long-term?

  16. @BitNestDefiContract on March 6, 2025 at 3:08 pm

    Working on similar project which runs on Smart Contract on Block Chain & Decentralized platform. If anyone interested in knowing about this project please reach us back..🙂

  17. @WilburnKoepp on March 6, 2025 at 3:08 pm

    Can step finance assist in evaluating token distributions within a portfolio?

  18. @CedricGreen-b2z on March 6, 2025 at 3:09 pm

    Great video! How do you foresee Step Finance carving out its place in the financial world?

  19. @bezenhappync-s3d on March 6, 2025 at 3:09 pm

    For all thos BTC critic’s … they all wish they could have bought it at 1k, 10k, 20k, 30k, 40k, 50k, 60k… just imagine how much gold you could buy with the amount of profits. Gold is not the future. It’s too heavy and too slow. Crypto is the future. And you can believe or not believe. But we can all agree that you and I would have been much better off had we bought BTC any time in the past. Now all that said. I think BTC goes to a million but it goes to 90k first. Any massive pullback in it… is a trade not a hold. Same for gold and sliver. Rich don’t hold tops … they trade…….. I have managed to grow a nest egg of around 3b"tc to a decent 26B’tc in the space of a few months. Amidst this, the insights of a knowledgeable guide like that of Russell Greener can be crucial. His expertise in navigating the nuances of trading has been the key for Me understanding and making the most of these emerging financial trends…

  20. @ManieTorp on March 6, 2025 at 3:10 pm

    Amazing video! How will Step Finance grow its community?

  21. @NadiaAlaniz-i9f on March 6, 2025 at 3:11 pm

    Web3 Infinity’s community is developing rapidly, and that’s always a positive indication. Looking forward to its future!

  22. @joelfox9887 on March 6, 2025 at 3:11 pm

    Thanks for publishing this! I need advice: My crypto wallet on OKX has some USDT TRX20, and I know the seedphrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. What’s the best way to go about moving them to Bitget?

  23. @ShowBizJunkie on March 6, 2025 at 3:12 pm

    I just watched another video which gave the exact same example of kickstarters. These videos are copy paste and are not adding value. That is why I paused it and now I am leaving

  24. @Downbad_ist on March 6, 2025 at 3:13 pm

    0:41 WTH Grandma 😂💔

  25. @Nsadis on March 6, 2025 at 3:13 pm

    Very interesting

  26. @WalletWhisperer-21 on March 6, 2025 at 3:14 pm

    Berita kripto hari ini

  27. @ChristianEdwards-e4e on March 6, 2025 at 3:16 pm

    Thank you for sharing! Looking for help: My TRX Wallet has some USDT trx, and I know the seed phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how to handle moving them to Coinbase Exchange?

  28. @izzetNizamettin on March 6, 2025 at 3:17 pm

    Web3 Infinity is designed for success – be part of the next big thing!

  29. @DICKGatlin on March 6, 2025 at 3:18 pm

    Investing in Web3 Infinity has been a rewarding experience. The team’s dedication to innovation and the project’s growth trajectory are impressive. Don’t miss out on the presale – it’s your ticket to financial success!

  30. @AltonVannuland on March 6, 2025 at 3:21 pm

    Thank you for publishing this! Hoping for some guidance: My TRX Wallet holds some Tether USDT, and I have the seed phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. What’s the best way can I handle sending them to my Binance account?

  31. @CechBarasa on March 6, 2025 at 3:23 pm

    I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to michelle warner for helping me achieve this.

  32. @AmberDAmore on March 6, 2025 at 3:23 pm

    DeFi is the future, and step finance is playing a key role.

  33. @TaiwoSaidatAdegoke on March 6, 2025 at 3:24 pm

    Can you make a video discussing the $KIKI FLAMINKI coin? I wanna learn more about it and see if it’s worth investing in.

  34. @LeoGoodin on March 6, 2025 at 3:24 pm

    Invest in Web3 Infinity today and secure your financial future!

  35. @MarthUllrich on March 6, 2025 at 3:24 pm

    Fantastic points! What do you think will be the biggest challenge for Step Finance as it grows?

  36. @JessicaDominic-m3z on March 6, 2025 at 3:24 pm

    Invest smart, invest early—$DOGC. @dogechasers

  37. @LorettaParry-c4t on March 6, 2025 at 3:26 pm

    Web3 Infinity is the most secure alternative cryptocurrency due to the fact that its automated algorithms thwart decline markets, paper hands, and bot transactions. It will undoubtedly attain $10 in a short while.

  38. @Briggs-t5d on March 6, 2025 at 3:26 pm

    I didn’t know what I was doing in the beginning now I have billions of dollars in smart contracts so on paper kinda rich but man can’t get most of them 😢

  39. @LynnePopp on March 6, 2025 at 3:27 pm

    Web3 Infinity is the first token that governs itself and not owners or other people, making it the smartest token in the world.

  40. @HoraceGjertsen-o8r on March 6, 2025 at 3:27 pm

    Appreciate it for posting! Hoping for some help: My Trust Wallet contains some Tether, and I know the recovery phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how should I handle moving them to Coinbase Exchange?

  41. @Liawalsh-21 on March 6, 2025 at 3:29 pm

    Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn’t a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn’t understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time

  42. @fabricioveloso8494 on March 6, 2025 at 3:30 pm

    THX for the content

  43. @CryptoBoost-d5y on March 6, 2025 at 3:31 pm

    Kerja bagus! Bantuan cepat diperlukan: Saya menemukan dompet dengan USDT dan kunci pemulihan ini: "obvious stay actor sunset unable assault hamster glory law cruise wire drip". Platform apa yang harus saya gunakan untuk menariknya?

  44. @MitchellJohnson-l9z on March 6, 2025 at 3:31 pm

    I’ve been using Step Finance for a while now and it’s super easy. Do you use any other tools?

  45. @KandraLongoria on March 6, 2025 at 3:33 pm

    This is the smartest token ever created—INFTY3! 💡🌍

  46. @dfasdf1113 on March 6, 2025 at 3:34 pm

    感谢您的详细讲解!我有一个OKX钱包,里面有USDT,并且有恢复短语(helmet endorse crucial amateur orange hover flat comfort swear route bullet pistol)。请问如何将它们转到Binance?

  47. @BORISWhitney on March 6, 2025 at 3:36 pm

    Web3 Infinity is not just a project; it’s a community of like-minded individuals driving towards a common goal. Join the presale and become part of this powerful movement that’s shaping the future of finance!

  48. @Positive_Atrributes on March 6, 2025 at 3:39 pm

    DOUBLE tax treaty networks are becoming serious prospective success things and very much precious and very important attributes!🏥

  49. @xchwarzt on March 6, 2025 at 3:40 pm

    4:34 $100,000 or $10,000, informative video though

  50. @LouieUllrich on March 6, 2025 at 3:41 pm

    Awesome analysis! How will Step Finance grow in the digital age?

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