Under this partnership NFTb and WallStreetBets will work closely to accelerate the adoption of DeFi and develop new frameworks to provide its communities with greater access to innovative DeFi instruments.
To kickstart this partnership, the WallStreetBets DApp will complete an IDO and launch a vault on NFTb by using the platform’s DeFi as a Service offering.
WallStreetBets DApp — DeFi’ing Wall Street with Blockchain Tradeable Assets
The WSB movement for financial democracy started on Reddit and became a global phenomenon. This is why (they, the apes) created a Decentralized Application to give their community a tool to voice their opinions as retail investors.
The WSB DApp solves the FEES and MARKET MANIPULATION problem that have solely benefited centralized financial institutions for the past 100 Years.
WSBDApp is unlike any other financial app today. The normalized way of financial markets is too one-sided. WallStreetBets is on a mission to end market manipulation by providing a better way for retail investors, the “little guys”, to fund and profit from digital assets.
Why is the WallStreetBets DApp completing an IDO with NFTb?
Over the past few months the WSBDapp team has been working hard to find new innovative ways to engage users in DeFi. This includes focussing on:
- Democratization— Increase users and bring visibility to a larger audience before new products & initiatives are launched.
- Dematerialization — The more the community grows, the more decentralized decision making becomes.
- Demonetization — All roads lead to WSB token. All Dapps and products either reduce supply or increase staking rewards to all $WSB holders
The IDO with NFTb aims to help build early community and reward early adopters in preparation for the next phase of the DApp’s growth. More exciting updates are planned by the WSB teams that will be shared in the next few weeks that will bring value for its users.
How to Participate
The IDO will take place on NFTb on Mid December. To participate in the IDO, users will need to stake in NFTb’s Tiered Model.
The WSBDApp team has an exciting range of activities to boost the utility of the WSB tokens that will be shared over the next several weeks.
More information about how the IDO will work on NFTb will be closer to the IDO date.
About WallStreetBets
The WSB movement for financial democracy started on Reddit and became a global phenomenon. This is why (they, the apes) created a Decentralized Application to give their community a tool to voice their opinions as retail investors.
WSB DApp solves the FEES and MARKET MANIPULATION problem that have solely benefited centralized financial institutions for the past 100 Years.
Apes. Together. Strong.
About NFTb
NFTb is the Complete Multi-chain DeFi and NFT platform for Communities. Their mission is to help creators get comfortable and love using DeFi dApps.
📰 INFO
https://blog.nftb.io/nftb-forms-strategic-partnership-with-wallstreetbets-c7e7144347cc
