Article Summary, Automatically Generated By AI
Summary of BigShortBets
- BigShortBets is a decentralized, anonymous information marketplace and blockchain futures trading tool powered by $BigSB token.
- The platform is built on the Tor network, using only MetaMask address for KYC process.
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Features include:
- Social platform with groups, timeline, and posts
- Community-driven with reputation system to control content
- The Market allows users to create bets (futures contracts) on anything, with plans to attract arbitrators to trade on the platform.
- Every transaction is secured by BigSB token, with funds from presale and public sale going towards liquidity for future arbitrators.</li
About BigShortBets: Empowering Informed Investment Decisions
Introducing BigShortBets, a pioneering, decentralized, and anonymous information marketplace and blockchain-based futures trading platform, fueled by the $BigSB token.
In brief, we are developing a platform on the Tor network, catering specifically to investors. Notably, the only requirement for our Know-Your-Customer (KYC) process is a MetaMask address. This platform facilitates seamless information exchange between parties, enabling the sharing of buying and selling information, as well as the creation of personalized spaces, akin to groups, timelines, and posts found on other social platforms. As a 100% community-driven ecosystem, we have implemented a community reputation system to regulate and maintain a safe and controlled environment, thereby preventing the proliferation of undesirable content. We are pleased to report that this aspect of the platform is already fully functional.
The second component is the Market, where we empower users to fully decentralize futures trading. We will enable platform users to create bespoke bets (futures contracts) on any subject of their choice. Inspired by the pioneering spirit of the first stock exchange in Amsterdam, our platform will facilitate seamless, interception-free trading experiences akin to GME and AMC-like actions. Furthermore, we intend to attract arbitrators to trade on this platform, placing bets on a diverse range of assets, including NASDAQ, GOLD, STEEL, and more. Notably, our KYC process relies solely on the MetaMask wallet address, ensuring a secure and streamlined experience.
Lastly, it is worth noting that every transaction conducted on the platform is safeguarded by the BigSB token. Notably, all funds accumulated during the presale, public sale, and other events are allocated towards establishing liquidity reserves for future arbitrators. Furthermore, the platform ensures complete anonymity and employs robust encryption measures to guarantee the security of user data.